» Find all books written by Reggie Fowler on Amazon.com
Fowler founded his firm, Spiral Inc., originally as a company that sold the food containers used by grocery stores—the plastic tubs at the deli counters, for example, and the foam trays used in meat packaging. He named the company after a football term that players use to describe the perfectly thrown pass, and his initial investment in it was allegedly just $1,000. The company, which was based in Chandler, Arizona, expanded over the years to include several other divisions, including real-estate development and an aviation-simulator business. Fowler went on to own a cattle ranch as well as a financial institution, the Bank of the Southwest, and he and Spiral, Inc., made their first appearance on the annual Black Enterprise rankings list of the top African-American-owned companies in 1993 as No. 98 in the Industrial/Service sector. Six years later, it had jumped to the No. 22 spot, and was at No. 11 in 2004, after posting previous-year sales of $314 million. The Arizona Republic newspaper estimated Fowler's net worth at around $400 million by then.
User Comments Add a comment…