The Incredible True Story Of A Homeless Man Who Became A Billionaire (2024)

“You don’t lose if you get knocked down. You lose if you stay down.”

So said the late boxer Muhammad Ali who died last year, may Allah have mercy on his soul.

History bears witness that there was something deep inside champions that made them stand out above the rest.

A champion is not someone who wins when they are ahead. A champion is someone who wins when they are behind. Someone who wins even though they are behind.

Every day we see people getting knocked down by life. By poverty, by domestic violence, by unemployment, by bankruptcy, by debt, by war, by torture, by prison…

Many of these people, once they are knocked down, they never get back up.

I say, “they never get back up” not “they can’t get back up” because they have a choice and they exercise that choice by choosing not to get back up.

And since they choose not to get back up after being knocked down, they often tell everyone else around them not to get back up either.

Yet I regularly read about people who lost both legs in an accident but then went on to run marathons with artificial legs.

And abused single mothers who go on to turn their children into champions.

And those who bounce back from poverty to turn into millionaires, or even billionaires.

Today, I will share the true story of one such remarkable man.

His name was Abdur-Rahman bin Awf, a Companion of the Prophet (pbuh) and one of the first eight people to accept Islam.

When the small Muslim community suffered persecution in Makkah they decided to migrate to Madinah.

The Makkans allowed the Muslims to leave Makkah, but on condition that they leave behind every bit of wealth that they owned.

Abdur-Rahman bin Awf was one of those who migrated to Madinah. He left behind everything he owned so he arrived in Madinah with nothing.

No home. No money. No source of income. No family. A single man.

He was given shelter in the homes of the Ansar, the Muslims of Madinah. The Prophet (pbuh) paired off one Emigrant from Makkah with one of the Ansar from Madinah.

Abdur-Rahman bin Awf was paired off with Sa’d bin Rabiah, who was one of the wealthiest men of Madinah. Feeling pity for Abdur-Rahman, Sa’d made him an offer:

“My brother! Among the people of Madinah I have the most wealth. I have two orchards and I have two wives. See which of the two orchards you like and I shall vacate it for you and which of my two wives is pleasing to you and I will divorce her for you.”

But the dignified Abdur-Rahman bin Awf, despite having nothing, declined Sa’d’s offer with the noble words:

“May Allah bless you in your family and your wealth! Just show me where the marketplace is.”

So Abdur-Rahman bin Awf went to the Qainuqa Market in Madinah where he began to sell dried buttermilk and yoghurt.

He did so well in this that he progressed onto selling horses. Then the saddles of horses.

Eventually he began to travel outside of Madinah and import goods that he would sell at a profit.

He became so successful that it was said if he even overturned a stone he would find gold underneath it.

Yet whenever the time for prayer would come, he would close his stall to go and pray. In relation to this habit of his, a verse of the Quran was revealed, which is still recited today:

“Men whom neither trade nor selling diverts them from the remembrance of Allah, the establishment of Salah and the paying of Zakah. They fear a Day in which the hearts and eyes will fearfully turn about.” [Quran 24:37]

With the money he earned from his business, Abdur-Rahman bin Awf got married and he soon became one of the richest men, if not the richest man, in the region.

In equivalent terms, it is not an exaggeration to say that he became a billionaire of his time.

Once he sold one of his lands for 40,000 dinars (gold pieces) and donated the entire amount to the poor and needy of Madinah.

Assuming a dinar contained five grams of gold, that comes to a total of 200kg of gold. At today’s prices (February 2017), 200kg of gold is worth a total of some US$8million.

And he gave donations of this magnitude not once, not twice, but on a regular basis.

A man who can regularly give away $8million in a single donation is a rich man, in all senses of the word.

Yet all this wealth did not corrupt Abdur-Rahman bin Awf. In fact, it made him even more humble.

Aisha (ra) said about him:

“All this wealth did not corrupt Abdur-Rahman and did not change him. When he was among his workers and assistants, people could not distinguish him from them.”

By the time of Abdur-Rahman bin Awf died, he had earned the ultimate honour of being one of the “Ten Promised Paradise” by the Prophet Muhammad (pbuh) himself.

I decided to share this particular story this week for a personal reason.

During the months leading up to my release I often wondered how I would earn a living after being in prison for 11 years.

I often thought about this story and one of the lessons that I learned from it was that sustenance is in the Hands of Allah, not people.

If you ask Him and as long as you also try your best, then He will bless your efforts and shower you with sustenance.

So in light of this story inshallah I will be announcing very soon a business that I have been working on for the past year. Watch this space for more details… 🙂

Enter your email address in the mailing list form below to receive my blog posts by email.

You can read my story, why I went to prison and how I came home, here.

The Incredible True Story Of A Homeless Man Who Became A Billionaire (2024)

FAQs

Who was the billionaire that became homeless? ›

Personal life. In the early 2000s, Berggruen was dubbed "the homeless billionaire" when he sold off his residential properties and belongings. At 40 years old, he did not own a house, a car, or a watch. Instead, he traveled, staying in different hotels with only a small bag of clothes and his BlackBerry.

Are there any billionaires who grew up poor? ›

But there are a small minority of billionaires who started from genuine poverty. Oprah Winfrey grew up in a home without power or running water, and Starbucks CEO Howard Schultz grew up in government-subsidized housing.

What celebrity was once homeless? ›

Halle Berry

Halle Berry spent time living in a homeless shelter early on in her career. Upon getting to New York City, Berry quickly ran out of funds to get her by. "I mean three months later, I was out of my cash," Berry said, per People in 2017.

How to get money as a homeless person? ›

Learn how to copy them.
  1. Busking. Street performers range from the reputable (such as skilled singers and other artists) to the irritating or disappointing. ...
  2. Day Labor. Some employers need extra help, and don't necessarily require skilled labor. ...
  3. Collecting Recyclables. ...
  4. Online Odd Jobs & Surveys. ...
  5. Academic or Medical Studies.
Jun 11, 2024

Who was the millionaire who sold everything? ›

Chuck Feeney lived that dream but he wasn't content simply with becoming a billionaire - no, he set himself a further a goal. To give away his entire multi-billion dollar fortune while he was still living.

Did the guy who cheated on millionaire go to jail? ›

Both of the Ingrams and Whittock were given prison sentences, suspended for two years—the Ingrams were sentenced to eighteen months; Whittock was sentenced to twelve months—and each fined £15,000 and ordered to pay £10,000 towards prosecution costs.

What is the missing millionaire story? ›

The True Story of Ambrose Small and the City Obsessed With Finding Him. In December 1919, Ambrose Small, the mercurial owner of the Grand Opera House in Toronto, closed a deal to sell his network of Ontario theatres, deposited a million-dollar cheque in his bank account, and was never seen again.

Did a millionaire made himself homeless social experiment? ›

He had managed to make a grand total of $64,000. Despite failing to make the million dollars he had aimed for, Black says it was still a successful experiment after demonstrating how it was possible to rebuild his life through the power of determination.

What does Mike Black do? ›

I run told media, a software development agency I built to seven figures in revenue. I started my first company when I was 16 and have had a lot of failures before getting to where I'm at now. Outside of running my businesses I spend a good portion of my time mentoring other entrepreneurs (for free).

Who is the millionaire who looks 18? ›

Tech billionaire Bryan Johnson reportedly spends $2 million per year to keep himself young.

Who is the MC on Who Wants To Be A Millionaire? ›

Jimmy Kimmel hosts new 'Who Wants to Be a Millionaire' season: Premiere date, time, where to watch. Time to take the Hot Seat. "Who Wants to Be a Millionaire" is returning with a brand-new season and a celebrity twist to celebrate 25 years of the show.

Who was the billionaire who gave away everything? ›

After piling up billions in business, he pledged to donate almost all of his money to causes before he died. He succeeded, and then lived a more modest life. Charles F.

Who was the billionaire who lost everything? ›

Allen Stanford

He defrauded about 18,000 people, many of them retirees, out of their savings. His scheme reportedly took in over $7 billion. After his scheme was uncovered, Stanford's net worth dropped to zero. He was sentenced to 110 years in prison for his role in the scheme.

Is the movie The Billionaire a true story? ›

'The Billionaire' is a biographical film about the early adult years of Aitthipat Kulapongvanich, a Thai entrepreneur who successfully pitched and started selling dried seaweed snacks to convenience stores around the country and, by age 23, became one of the country's richest people.

Which billionaire came from nothing? ›

1. Jan Koum: From Food Stamps to WhatsApp Billionaire. The inspiring story of Jan Koum shows how perseverance, creativity, and a clear goal can turn hardship into achievement.

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