Latest News
- Hero Lectro Introduces Muv-e Electric Bike To Transform Delivery Services
- Chrysler Pacifica Marks Seven Years As Most Awarded Minivan With New Campaign
- Nissan Magnite Achieves 1 Lakh Unit Sales Milestone: Consistency Helps
- Log9 Unveils Amphion & Nexmile – Revolutionizing EV Asset Management
- 2025 Cayenne GTS Unveiled: V8 Power And Advanced Dynamics In New Porsche Models
- Vanessa Williams Moderates Panel To Support Parkinson’s Awareness With Drive Toward A Cure
- India's Car Exports Surge In 2023-24: Maruti Suzuki Leads The Way
- 2024 Isuzu D-Max V-Cross Facelift: What To Expect From The Latest Updates
- Suzuki Access Electric To Electrify The Indian Scooter Market By 2024
- Bajaj Pulsar 400 Teaser Out – Launch Date & Other Details
How A High School Dropout Became The World's Best Classic Ferrari Dealer
A
British
High
School
dropout
has
made
it
to
the
rich
list
by
selling
more
than
£1
BILLION
worth
of
desirable
cars.
John Collins, originally from Glasgow still remembers his teenage days when his teachers told him that he was going to end up homeless.
When John was 15, he took a job as a tea boy in Glasgow. Today, any car that John sells through Talacrest costs an average of £2 million.
John learnt shorthand reporting and practiced photography before working all around the world.
At the age of 25, he had earned £11,000 and spent £7,000 on a Ferrari 246 Dino, his first Ferrari.
In Beirut, John lost almost all his investment in a disastrous stock market plummet. The photojournalist had to sell his latest Ferrari to cover the loss.
John asked his friends at the pub to loan him £300,000 and to put a deposit down on ten Ferrari's of net worth £3 million.
The risk paid off John, as he sold the Ferrari's six months later for a £500,000 profit. This made John pack his camera and become a successful dealer selling £12 million worth Ferrari's in his first year in business.
In 2008, after surviving the injuries from his accident while playing Polo, he re-launched his classic car dealership, bringing the company back to number one classic Ferrari dealership in the world.
John Collins is now richer than most of his wealthy clients around the globe.