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H.
Wayne Huizenga
Inducted 1991
Wayne
Huizenga, the son of a builder, was born in a Chicago suburb in
1937. When Wayne was in his teens he moved with his parents to
Florida, where his father’s building business failed. His parents
divorced and he lived with his mother. To help with expenses, he
drove a truck and pumped gas after school and on weekends.
After high school graduation, he joined the Army and later spent
some time at Calvin College in Michigan. He left school to work with
a friend who owned a garbage collection company in Pompano Beach. In
less than two years, Huizenga struck out on his own, buying an old
truck and $500-a-month’s worth of the business. He worked from 2:30
a. M. until noon, then spent the rest of the day drumming up new
business. Eventually, he co-founded Waste Management, acquiring 100
companies in nine months. Huizenga served as president and COO of
the company until 1984, when he retired to pursue other interests.
In 1987, he and two partners bought control of Blockbuster, and
Huizenga served as chairman and CEO of the company. At the time
there were a total of eight stores. After growing and expanding that
business to become the largest home video company in the world,
Huizenga sold the company to Viacom for $8.4 billion. Today,
Huizenga chairs four NYSE companies: Auto- Nation, Inc., Extended
Stay America, Republic Services, and Boca Resorts, Inc. He also owns
the Miami Dolphins, Pro Player Stadium, and is involved in real
estate. Fortune magazine once said that Wayne Huizenga is the only
person to ever build three Fortune 500 companies and own three
professional sports teams.
Proud of his Horatio Alger Award, Huizenga says, "It is the ultimate
of all awards." A long-time member of the Horatio Alger Board,
Huizenga served as president and CEO from 2000 to 2002. Now serving
as chairman, he says, "Being an officer of the Association has been
very rewarding. It is a tremendous organization that does so much to
help the Scholars, not only with their education but also beyond.
The staff works hard to keep track of the Scholars and to keep the
organization running smoothly. I offer my congratulations to the
staff for a job well done."
When asked about his success, Huizenga’s response reveals his focus
on the Horatio Alger Scholars. "I don’t think any of us Members have
had as much success as our Scholars," he says. "Overcoming hardships
and working around and through their obstacles to achieve an
education is what I call a true success."
Huizenga often addresses the Scholars. His advice to them is to get
an education and then work with good people. "People are what
determine your success in the future," he says. "Surround yourself
with good people and you won’t fail."
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