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For week ended August 29, 1999 Posted 4 Sep 1999

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Billionaire Sorensen: He's a lot like you

Summarized by 'Nicholas Maddox'

Billionaire Sorensen: He's a lot like you
Deseret News 29Aug99 L5
By Max Knudson


Short biography of James L. Sorenson
Deseret News 29Aug99 L5

James LeVoy Sorenson views his wife, Beverley Taylor Sorenson, and their eight children and 50 grandchildren and great-grandchildren as his major successes in life, far outweighing his business accomplishments. Sorenson is an author of a book that he dedicated to his family members and posterity. He is known in the business community for his accomplishments including the current ranking in Forbes magazine as the 172nd worlds richest person with $2.9 billion in assets. He is only one of two of the worlds 465 billionaires in Utah. Jon M. Huntsman is the other. Both are members of The Church of Jesus Christ of Latter-day Saints.

Sorenson lives in a large house in Holladay and has a modest office near Temple Square in Salt Lake City. He has operated from the one- level cinder block building for the past 30 years. His office decor includes a black and white photo taken in 1925 of a small boy standing in front of a Model T Ford and a very modest house, that was previously a chicken coup, in Yuba City, CA. The boy is Sorenson at age 3 in front of the family home.

Sorenson is more proud of his 50 patents on medical devices and his current business ventures than of his billions of dollars. Yet, he spends as much time donating money as he spends making it.

This is a very detailed article and includes a brief biography that is well worth reading. It tells of his beginnings and provides a flavor for how he made his money.

Copyright 1998, 1999, 2000, 2001 Kent Larsen · Privacy Information