University Biography and Michael DeGroote

Michael DeGroote: He described as a self-made man, an immigrant, originally born in Belgium in 1933, who came to Canada when he was 14-years-old. Shortly after arriving, DeGroote, who is now 81-years-old, was pulled out of school during Grade 9 to work on the family tobacco fields in Tillsonburg, Ont. It was there, according to a McMaster University biography on DeGroote, where his trucking industry began. , according to CBC. A self-financed biography on DeGroote said this is how he made and lost his first million before he was 29. The company went belly up when the contract was lost, and DeGroote declared bankruptcy in 1962. A year-long investigation by the the fifth estate and The Globe and Mail details a Caribbean dream venture by billionaire Canadian businessman Michael G. DeGroote with ties to the mafia . But who is Michael DeGroote? Billionaire Michael DeGroote casino dream turns into organized crime nightmare At 18 he purchased a surplus army truck after the Second World War, and began to haul manure from dairy farms to his family tobacco fields. The fleet expanded soon expanded to four trucks, but he started to make real money when he picked up a contract hauling uranium ore out of Elliot Lake. (www.immigrantscanada.com). As reported in the news.