This story was updated after billionaire Rick Jackson upset Trump-backed opponent Burt Jones on June 16 in the Republican gubernatorial runoff in Georgia.

On February 3, Rick Jackson held a press conference at his company’s Italian-inspired Roman Colosseum headquarters in Alpharetta to announce his decision to run for governor of Georgia. The healthcare staffing entrepreneur, who is running as an outsider who will cut taxes, crack down on criminal illegal immigrants and fix the health care system, has no experience in politics. What he does have are survival instincts, a rags-to-riches story and a fortune to spend. Forbes estimates that the 72-year-old -- who lives in a more than 35,000 sq. ft. home with at least 7 bedrooms, 20 bathrooms and 72 acres in Cumming, Georgia -- is worth at least $1 billion. So far he’s already reportedly dropped more than $100 million on hic campaign including ads touting his climb from foster care to financial success.

“If there’s one thing he’s proven, it’s that you can buy a third of the Republican primary vote,” says Dr. Charles S. Bullock III, a political scientist at the University of Georgia, following Jackson’s surprising win on May 19 to secure a spot in the Republican runoff pitting him against Trump’s pick, Lieutenant Governor Burt Jones.

Now he’s proven he can go farther than that. While most polls showed Jones prevailing by a couple points over Jackson, Trump’s candidate lost to Jackson on June 16 and will now face former Atlanta Mayor Keisha Lance Bottoms in November.

Those who know Jackson’s story know not to ever count him out. After all, he’s overcome worse odds to build one of the biggest private companies in America – $3 billion (revenue) medical conglomerate Jackson Healthcare, which operates 22 healthcare companies – each with its own management team – and places thousands of doctors, nurses and anesthesiologists in hospitals nationwide.

According to William Blair analyst Trevor Romeo, Jackson is the........

© Forbes