Self-made billionaire shares the key to success for younger generations


Billionaire enterprise mogul shares his work ethic recommendation for subsequent era

CEO of Gristedes Meals John Catsimatidis joined ‘Fox & Associates’ to debate his secrets and techniques for achievement in his e book, ‘How Far Do You Wish to Go?’ and the way he turned a self-made billionaire. 

John Catsimatidis went from grocery retailer clerk to a commonsense billionaire CEO – and he’s detailing how you are able to do the identical.

The American enterprise mogul, who presides as chairman and CEO of United Refining Firm and grocery conglomerate Crimson Apple Group, has launched a brand new e book that teaches work ethic, American values and the significance of a work-life stability.

“Properly, I am such as you. You most likely work 80, 90 hours per week, and I used to work 80, 90 hours per week,” Catsimatidis stated on “Fox & Associates” Thursday morning. “And on the age of 70-plus, I nonetheless work 80, 90 hours per week, however I take pleasure in my work.”

And he informed Gen-Z: “We have now so many issues in our nation. My recommendation to them is maintain your nostril clear, study the work ethic and go to work. These folks that desire a three-day workweek, effectively, have a three-day workweek, however you are by no means going to get anywhere.”


Catsimatidis’ household emigrated from Greece, the place he was born, working exhausting and residing paycheck to paycheck in New York Metropolis. When he graduated from Brooklyn Tech Excessive College, the now-billionaire claimed he initially simply needed to sit down on the sofa and watch tv.

food prices on the rise

In his new memoir, United Refining Firm and Crimson Apple Group Chairman and CEO John Catsimatidis writes he is “nonetheless that immigrant child who thinks that is the best nation ever.” (Getty Pictures)

“I used to be prepared to leap on that sofa and watch tv, take the summer time off,” Catsimatidis recalled. “My mom threw me off the sofa, went right down to the native grocery retailer, obtained me a job. So I’m going from excessive to excessive.”

On the time, the now-business mogul obtained paid $0.90 per hour and instantly began working 70-hour weeks.

“The driving classes had been $28 an hour. So I’ve to work like 25 hours, 28 hours to take a one-hour driving lesson, I believed one thing was incorrect,” he stated.


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Crimson Apple Group and United Refining Firm Chairman and CEO John Catsimatidis discusses his new e book detailing the billionaire’s rags-to-riches story.

Regardless of being accepted into the celebrated West Level navy academy, Catsimatidis determined to attend New York College and proceed working on the grocery retailer.

The billionaire writes in his e book: “The American Dream, I found someplace alongside the best way, doesn’t include an instruction guide or a web page on the finish that claims, ‘Okay, you possibly can cease now. You’ve got arrived.’ I do know my copy doesn’t. I’ve finished lots and seen much more. However I’m nonetheless that immigrant child who thinks that is the best nation ever. I nonetheless consider within the promise of America. I nonetheless consider the very best is but to come back.”

Catsimatidis confirmed on Thursday that he’s by no means confronted a frightening day of labor in his life.

“On the age of 70-plus, I nonetheless work 80, 90 hours per week, however I take pleasure in my work.”

– John Catsimatidis, ‘How Far Do You Wish to Go?’ creator

“You go to work and also you go merchandise by merchandise, and you place your hat on. Whether or not you are working an oil enterprise, you place your hat on, whether or not you are working a grocery store enterprise, you place a special hat on and you’ll’t fear about all of them on the similar time. In any other case, you go nuts, compartmentalize,” he stated.

Additionally, a household man with a spouse, Margo, and two kids Andrea and John Jr., Catsimatidis additionally discusses in his memoir the significance of doing issues for household and for enjoyable.


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“The perfect is but to come back,” We will see what we will do subsequent. We do issues proper now for enjoyable. We purchased WABC radio only for enjoyable, we’re companions with the Yankees on the FerryHawks in Staten Island, a minor league workforce, for enjoyable. So what will we do subsequent for enjoyable?”

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