An Exclusive Interview with the richest man in Duluth

We sit down with Duluth's wealthiest resident to learn about his journey, mindset, and plans for the future.

Q: Nicholas, tell us about your first big break.

Nicholas T: "Believe it or not, it all started with a small lakeside property I bought in my 20s. Everyone thought I was crazy to invest in land that nobody wanted. But I saw potential — and that potential turned into a luxury resort within 10 years."

Q: What motivates you to keep going, even after achieving so much?

Nicholas T: "Success isn't a destination; it's a responsibility. I’m driven by the impact I can create — whether it’s through new business ventures or giving back to the community here in Duluth. The city gave me a chance, and I’ll always pay it forward."

Q: Any advice for aspiring entrepreneurs?

Nicholas T: "Never underestimate the power of vision. Everyone focuses on quick wins, but true wealth — in any sense — comes from playing the long game. Be patient, stay curious, and never stop learning."

Nicholas T Forbes Feature View the Forbes exclusive interview with the richest man in Duluth

To learn more about Nicholas T's ventures and philanthropic work, stay tuned for updates.

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