Ian Malouf started out with one truck and spent most of his income on beer and cigarettes.

To him, a $100 pay cheque at the end of the day was a “fortune”.

Now, his business Dial A Dump has sold to rival Bingo Industries for $578 billion and Ian’s hit the Financial Review’s Rich 200 list.

Ian tells Ross Greenwood it’s hard to wipe the smile off his face and he’s come a long way with his skip-bin hire company.

“It started with a small truck 35 years ago and, as they say, the rest is history.

“Here we are today doing a deal that we’re pretty happy about.”

Ian admits it hasn’t been an easy ride to the top, with his own Mum trying to convince him to become a lawyer instead.

But the fear of giving up and going broke never crossed his mind.

“I’ve come a long way from then,” Ian says.

Click PLAY below to hear Ian Malouf’s amazing story