Jon Yarbrough (born 1956/1957) is an American billionaire, the founder of Video Gaming Technologies.

Jon Yarbrough
Born1956 or 1957 (age 67–68)[1]
NationalityAmerican
EducationTennessee Technological University
Known forFounder, Video Gaming Technologies
Spousemarried
Children2

Early life

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Jon Yarbrough has a bachelor's degree from Tennessee Technological University.[1] His first entrepreneurial experience was selling with Southwestern Advantage.[2] An aficionado of foosball, he then purchased a foosball table and struck a deal with a bar in Cookeville, Tennessee (where Tennessee Tech is located): if they would store the table for him, he would split the proceeds earned from games played by the bar's clients.[1]

Career

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In 1991, Yarbrough founded Video Gaming Technologies. In October 2014, he sold it to the Australian company Aristocrat Leisure for $1.28 billion.[1][3][4]

As of September 2015, he had a net worth of US$1.7 billion.[1] In 2020, he ranked No. 327 on the Forbes 400 list of America's richest people.[1]

Personal life

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Yarbrough is married with two children and lives in Franklin, Tennessee.[1]

References

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  1. ^ a b c d e f g "Jon Yarbrough". Forbes. Retrieved September 24, 2015.
  2. ^ "EC Hall of Fame: The Class of 2015". Nashville Post. June 21, 2015. Retrieved April 19, 2019.
  3. ^ Fontevecchia, Agustino (September 30, 2014). "Forbes 400 Newcomer: From A Single Foosball Table To A Billion-Dollar Gaming Empire". Forbes. Retrieved February 4, 2016.
  4. ^ Kennedy, Eleanor (July 8, 2014). "Advice from a man who just sold his company for $1.3 billion". Nashville Business Journal. Retrieved February 4, 2016.