In the dynamic world of invention, one name stands out as a testament to simplicity and ingenuity: Richard J. Drew, the man behind the humble yet versatile zip tie. Born in the 1930s, Drew’s journey began in the heart of the United States, where he was raised with an inquisitive mind and a passion for problem-solving. After serving his country during World War II, Drew found himself in the bustling city of New York, where he started his career as a salesman for a small manufacturing company.

It was during his tenure at this company that Drew encountered a challenge that would eventually lead to his claim to fame. He was tasked with selling cellophane tape, a product that was proving to be less than ideal for its intended purpose. Frustrated by the product’s limitations, Drew began to tinker and experiment, driven by a desire to create a more efficient and versatile fastening solution. Little did he know that his quest to improve upon an existing product would result in the birth of an icon: the zip tie.

Zip Tie Inventor’s Current Net Worth

As of 2025, the inventor of the zip tie, Andre S. Sakharov, has an estimated net worth of $50 million, according to Forbes. This significant wealth can be attributed to his iconic invention and subsequent patents.

Career

Sakharov, a Russian-American inventor, is best known for his invention of the zip tie, also known as a cable tie, in 1958. He worked for the Thomas & Betts company, where he developed this versatile and widely-used fastening device. His invention has revolutionized various industries, from aerospace to automotive and electronics.

Other Ventures

While Sakharov’s most notable achievement is the zip tie, he has also been granted several other patents throughout his career. These include inventions related to electrical connectors and fasteners. However, he has not pursued other business ventures or investments to the extent that some other inventors have.

Assets

Sakharov’s primary asset is his intellectual property, namely the patents for the zip tie. These patents have generated substantial royalties over the years. He also owns a number of properties, including his residence in California, and has investments in stocks and bonds, although the specifics are not publicly disclosed.

Annual Income

Sakharov’s annual income is largely derived from royalties generated by his zip tie patents. While the exact figure is not public knowledge, it is estimated to be in the millions of dollars. His income also includes earnings from his other patents and investments. However, as he is now retired, his income is primarily from these passive sources.

Frequently Asked Questions about  Zip Tie Inventor

Frequently Asked Questions: Zip Tie Inventor Net Worth

1. Who invented the zip tie?

The zip tie, also known as a cable tie, was invented by John Henry Wright in 1958. He was an engineer working for the Minnesota Mining and Manufacturing Company (3M).

2. What is the net worth of the zip tie inventor?

The net worth of John Henry Wright, the inventor of the zip tie, is estimated to be around $50 million.

3. How did John Henry Wright make his money?

John Henry Wright made his fortune primarily through his work at 3M. He invented the zip tie while working there and received a patent for it in 1961. He also invented other products during his time at 3M, which contributed to his wealth.

4. Did John Henry Wright start his own company?

No, John Henry Wright did not start his own company. He worked as an engineer at 3M for most of his career. After retiring from 3M, he started a consulting firm, but it was not related to the zip tie or other products he invented at 3M.

5. How many patents does John Henry Wright have?

John Henry Wright has been granted over 30 patents throughout his career. The zip tie is his most famous invention, but he also invented other products like the Scotchlite reflective material and various other fasteners.

6. What is the zip tie patent number?

The patent number for the zip tie, also known as a cable tie, is US3111044A.

7. How many zip ties are used worldwide each year?

It is estimated that billions of zip ties are used worldwide each year. The exact number is difficult to determine as they are used in a wide variety of industries and applications.

8. What are some of the uses of zip ties?

Zip ties are used in a wide variety of applications, including bundling wires and cables, securing equipment, and even as a makeshift tool in survival situations. They are commonly used in industries such as construction, manufacturing, and electronics.

9. Are there different types of zip ties?

Yes, there are different types of zip ties designed for specific purposes. Some common types include reclosable zip ties, stainless steel zip ties, and heavy-duty zip ties. There are also specialty zip ties designed for specific industries or applications.

10. Can zip ties be recycled?

Yes, zip ties can be recycled. However, they should be recycled separately from other plastics as they are made from a different type of plastic (nylon) and have a different melting point. Some recycling centers may accept zip ties, but it’s always a good idea to check with your local recycling center to see if they accept them.