Rick Rahim Net Worth

Posted on 23 Oct 2024
Rick Rahim Net Worth
Category:
Richest Business
Net Worth:
$1 Million

What is Rick Rahim's Net Worth?

Rick Rahim is an American entrepreneur who has a net worth of $1 million. With more than twenty years of entrepreneurial experience (primarily in the field of telecommunications), Rick Rahim is best known for being the founder and a former Chairman and CEO of VMC Satellite Inc. Ever since its formation in 2001, Rahim had worked on the company's expansion, and only four years later, VMC became the premier online retailer of satellite TV for DISH Network. Also, the company generated several billion dollars in revenues all thanks to Rick's creative and efficient marketing.

It was in April 2005 that he sold VMC to InPhonic for $23.3 million in cash and stock. Since, Mr. Rahim has started to serve as President of the New Satellite Services Division at Inphonic, Inc. Also, he has been actively involved in other business ventures, and now Rick's many companies collectively employ over 336 people in 14 locations in 7 states. Reportedly, they make many millions of dollars per year in revenues.

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