Tamir Sapir

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An immigrant from the former Soviet republic of Georgia, Tamir Sapir arrived in the United States in 1973, becoming a taxicab driver in New York City. Saving up to buy an electronics store, he catered primarily to Russian clientele. Eventually he made contacts with the Soviet contingent to the United Nations in New York, and traded electronics for oil contracts, which he then sold to American companies. Investing the profits in Manhattan real estate, he became a billionaire by 2002, less than thirty years after arriving penniless in America. Like many rags to riches stories, his is a unique one that would be hard to replicate. Yet today Sapir is becoming known as America's "billionaire cabbie."