Episode 152 - The Donut King with Ted Ngoy
Ted Ngoy’s Donut Empire Netted Him Over $20 Million, Then He Lost It All. This Is How He Found Faith on the Journey to Getting It Back
Faith Driven Entrepreneur · Rusty Rueff, William Norvell, Henry Kaestner, Ted Ngoy
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Show Notes
In the late 90’s, Dunkin’ Donuts found it so hard to break into the Los Angeles donut market that they gave up. Why? Because of The Donut King.
Ted Ngoy has opened over 70 donut shops in an effort to give Cambodian refugees a chance to earn a living and make it in America. At one point, his donut empire netted him over $20 million and a presidential award for achieving the American Dream from George H.W. Bush.
Then, he lost everything. Listen in as “Uncle Ted” takes us through every up and down of his unbelievable story.