An Aeronautical Engineer Turned Willy Wonka
In 2009 aeronautical engineer Dan Preston sold Atair Aerospace, a $22 million business that designed parachutes for the military. Largely barred from the defense industry by a noncompete clause, Preston, who holds more than 100 patents, sought a new direction. He found one while surveying his family’s property in the Dominican Republic, which contained a few small cacao farms. Contemplating the multicolored fruit, he saw untapped potential.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- One of the World’s Hottest Stocks Is Now Tumbling
- This Rare Bear Who Called the Crash Warns Housing Is Too Hot Again
- Recent ‘Odd’ Market Moves May Be a Warning Sign for Stocks
- The Global Economy Is Doing Just Fine, But the Davos Elite Is Worried
- U.S. Stocks Gain as Senate Votes to End Shutdown: Markets Wrap