BizSugar.com › News › Paul Newman: The Entrepreneur and Philanthropist

Throughout the day, dozens of media outlets have covered the unfortunate passing of Hollywood legend, Paul Newman, who died Friday of Cancer at age 83. While Newman is widely known for his accomplishments in film, his life as an entrepreneur and philanthropist is remarkable in its own right.

In 1982, Newman and his friend, A.E. Hotchner, started up a new company called “Newman's Own” as a practical joke. Starting with homemade bottled salad dressing, which they gave away to family and friends as Christmas presents, Newman's Own began the process of building a great company and philanthropic organization.