Bob Hurley net worth and wage: Bob Hurley is an American businessman and entrepreneur who has a net worth of $10 million. Bob Hurley is finest recognized for being the founding father of Hurley International which is thought for his or her surf attire and equipment.
After attending Ocean View High School, Bob labored various jobs together with as a waiter. His most necessary early job was on the Wind and Sea Surf Shop. This is the place he discovered surfboard shaping, finally incomes reward for his creations from native surfers. In 1979 he launched Hurley Surfboards in Costa Mesa, California. Throughout the Nineteen Eighties Bob formed surf boards primarily for people however a few of his purchasers had been among the many finest surfers on this planet. After noticing that non surfers had been drawn to the surf life-style, Bob and enterprise supervisor Joe Knoernschild negotiated the rights to ascertain an American department of Australian attire firm Billabong. Billabong USA was subsequently established as a brand new and separate firm. By 1998 Billabong USA was producing $70 million value of income and had 150 staff. Around this time the license settlement with Billabong was developing. It wasn’t essentially dangerous information, as Hurley’s staff had been formulating its personal plans. The staff opted to not renew the contract and as a substitute moved ahead in launching its personal model, Hurley International which was formally born in 1999. Hurley International was worthwhile in its first yr and would go on to grow to be some of the well-known and beloved surf/skate life-style manufacturers on this planet.
In February 2002, sure of Hurley International’s belongings had been offered to Nike for a reported $120 million (in keeping with the Orange County Business Journal). In October 2019, Nike offered its Hurley belongings to an organization known as Bluestar Alliance LLC.
Corrections and Clarifications: An earlier model of this text incorrectly said that Hurley International was based in 1979 when it was truly Hurley Surfboards. We additionally beforehand said that in these early years, Hurley was a surfboard shaper for different corporations, when the truth is he labored primarily for people and sometimes for corporations. We additionally beforehand said that Hurley was offered to Nike in 2002 when, in keeping with Hurley’s attorneys, “sure of Hurley International’s belongings had been offered to Nike”.
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