Ron Popeil net worth: Ron Popeil is an inventor and successful product salesman who has net worth of $100 million. Ron Popeil learned the sales business from his father who invented the popular household products like the Chop-O-Matic and the Veg-O-Matic. Both appliances were so good, that it became difficult for salesmen to carry enough vegetables around with them for demonstrations. Ron Popeil took over marketing the products from his father, recorded the products chopping vegetables, and then broadcast the videos. The infomercial was born. His direct marketing company, Ronco, has become one of the most successful in the world. He is widely recognized for his many infomercial appearances, and for his catch phrases, which include "Set it, and forget it!" when selling the Showtime Rotisserie set, and "But wait, there's more!", which has become a pop culture buzz phrase.