Billionaire Meyer Luskin is the owner of Scope Industries and he makes his money on recycling stale bread, bagels and other foods, reports Celebrity Networth.
Luskin’s business provides bakeries with a trash-compacting process that decreases the size of the waste. Then Scope picks up that waste — which is no longer considered fit for human consumptions — and turns it into premium feed for farm animals. In all, the business generates more than $100 million per year in revenues.
Meyer Luskin is thankful for his riches, too. He recently donated $100 million to his alma mater, UCLA, to establish the Luskin Center for Innovation and the Meyer and Renee Luskin School of Public Affairs.