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Behind the collapse of the first brands

Michael Johnson by Michael Johnson
October 12, 2025
in Business & Economy
Reading Time: 1 min read
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Patrick James was watching the movie “Minari” about a family of South Korean immigrants who moved to rural Arkansas in the 1980s when he leaned toward his son and whispered, “That’s how I felt when I first came to Ohio!”

The Indian businessman immigrated from Malaysia in the 1980s to attend a small university in Ohio. James continued to live the American dream. He built an auto parts colossus with 26,000 employees and billions in annual sales by buying up small companies. Her children attended elite American universities and the family relaxed in their $23 million Malibu, California, mansion with stunning views of the Pacific.

A business scandal shattered that dream.

Copyright ©2025 Dow Jones & Company, Inc. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8

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Tags: brandscollapse
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