Celebrities sometimes have close relatives who are just as interesting and colorful as them. Matthew McConaughey, actor, seems to have this trait. His older brother, “Rooster”Michael Patrick McConaughey was born in Ireland. He has lived all his life. “larger-than-life” Texas success story that’s worth knowing more about.
McConaughey has the ability to negotiate and make a lot of money. He’s had his share of ups and downs and has come back stronger than ever from all of them. Here’s how he did it.
He made his first million before he was 30, but lost it within a year
McConaughey’s business savvy seems to have paid off well for him. He was also a man of integrity and trustworthiness, which were key ingredients in his success formula. In the hope of a big payoff, he is not afraid to go out on a limb. All of this makes him a tough businessman who has taken every opportunity and won.
According to AETV,His career began early in his life. McConaughey began working in Texas’ oil fields as a child with his father, starting at the age of 12. He must have found that the environment was full of opportunities, as he clearly never forgot it.
McConaughey opted to continue his education outside of college. McConaughey made his first million selling rusty pipes, but lost it all almost immediately.
“It didn’t last long,” He said Entertainment Tonight. “I mean, I rang the bell and I was kicked out of the park.”
McConaughey’s resilience and refusal to give up or stay on the sidelines was one of his distinguishing characteristics.
Another person might have given up and switched careers. McConaughey, however, learned hard lessons from his mistakes and bounced back with plenty of money. He rebuilt his company and began over.
He’s the sole owner of DGM Supply, which specializes in buying and selling used pipes. In June 2016, Entertainment Tonight estimated McConaughey’s wealth at $55 million.
He has forged a second successful career in Reality Television
McConaughey with Wayne, his business partner “Butch”Gilliam found a way to capitalize on their success through reality TV. They appeared in a docuseries of two seasons. West Texas Investors ClubCNBC (2015-2016).
The premise was a little like ABC’s long-running hit Shark Tank With aspiring entrepreneurs appearing on the show, they presented their innovations in the hope that McConaughey & Gilliam would invest money through West Texas Ltd.
McConaughey created another reality series with Gilliam Rooster & Butch, on A&E in 2018. The 2018 A&E show was very similar to CNBC’s and featured the couple searching for promising ideas that were suggested by their creators.
The only difference was that the two men spent considerable time getting to know each other better.
McConaughey, Gilliam wanted “level the playing field” rather than rely on long-winded presentations, which didn’t seem to appeal to Gilliam much.
McConaughey retorted EW, “We don’t have presentations … because [Butch] hates them. I’m not that fond of them but if you don’t get to the point with Butch too quick, he’ll bail on you.”
They tried to give everyone a fair shake while diminishing the feeling of intimidation people often experience when they’re on national television. The show also reflected the men’s philosophy. They understood that it wasn’t all about making a profit.
“You can’t just get rich in money,” McConaughey said that according to Fox News. “You have to get rich in mind, body, and soul more than anything else. And do business with a conscience.”
He added, “…[I}f you do business with a conscience and you fight fair and you’re an honest person, even if you fail the first time, you’re going to get a second chance.”
He’s Found Marriage Harder Than Making Money
McConaughey has tied the knot three times, and his current wife is Erica McConaughey, with whom he shares three children. Their names reflect McConaughey’s passion for his favorite beers. He has a son named Miller Lyte and a daughter named Margarita Olympia.
The story of how his kids came to be named after popular brews is interesting. When his wife was pregnant with their son, McConaughey’s pals cautioned him that his life would be much different and he wouldn’t be able to drive around toting a box of Miller Light in his truck anymore.
According to Fox News McConaughey replied, ‘“You know if things work out, I’ll be able to take Miller Lite to church.’ And I sure as hell did! And so, I got away with it.”
When the time came to name their daughter, McConaughey’s wife told him to keep out of it. She chose the first name Margarita for their little girl because it was her grandmother’s name.
McConaughey suggested a middle name for her, but she struggled to think of one. He suggested Olympia, which was the name of another beer—and it stuck.
Mike “Rooster”McConaughey’s success story is classic American: first, he made it big and then lost it all. Finally, he got it back. His attitude sets him apart from other successful businesspeople.
For McConaughey, it’s not all about what you do to get rich, it’s how you go about it. He wouldn’t compromise or abandon his scruples in favor of increasing his bottom line.