• With: Jon Huntsman Sr.

    This is a rush transcript from "Your World," October 29, 2014. This copy may not be in its final form and may be updated.

    NEIL CAVUTO, HOST: All right. Well, she has tried to dial it back. But meet the businessman who says, when it comes to Hillary Clinton's latest biz bashing, the damage might already be done.

    Not only does petrochemical billionaire Jon Huntsman Sr. say corporations do hire people. It's big government politicians and their rules and regulations that could make it very hard for them to continue hiring any people.

    Huntsman says bashing business should not be what campaigns are about, because building those businesses and the opportunities that come with them is what this country is about. And that's what Jon's great book is about, his own rags-to-riches story in what he calls the greatest country on earth in one of the most talked-about autobiographies this year. I guarantee you it will be, "Barefoot to Billionaire."

    It's the story of how he got that money, what he is doing with that money and how he broke it to all his kids, you ain't getting a penny of that money.

    (LAUGHTER)

    CAVUTO: Now more on that in a second, and one of the kids, who I think you know.

    First to their dad, who broke the news.

    Jon Huntsman Sr., great to see you, my friend.

    (LAUGHTER)

    JON HUNTSMAN SR., FOUNDER & CHAIRMAN, HUNTSMAN CORPORATION: Neil, it's an honor to be back again. Thank you.

    CAVUTO: It's -- it's good to have you.

    I always make a point of reading books of the authors who I have on here. And I really was not expecting much from this book, no offense to you. You're a giant.

    (LAUGHTER)

    CAVUTO: But business autobiographies, they can be kind of dry. Anything but.

    You just exposed yourself to the world in this book. And you also exposed, maybe unintentionally, how business guys are perceived and very successful guys are perceived, like they had this great life, and everything is easy and rosy. But it's not.

    JON HUNTSMAN SR.: It's not, Neil.

    And somebody explained to me the other day. They said, the thing I like about your book is, it's business-oriented, it's philanthropic- oriented, it's politically oriented, and the thing I like the best is the mystery part of it.

    CAVUTO: Yes.

    JON HUNTSMAN SR.: And I guess that's because all families have their challenges, and all families have their -- their problems of -- with children, with grandchildren, with each other.

    CAVUTO: Yes, they -- the perception is that the rich, the 1 percent of the 1 percenters like you, like your family, do not.

    Now, I don't want to give a lot of way about the death of a daughter. I don't want to give a lot away about in and out of flirting with financial ruin, or your own battles with illness, serious illness, but that doesn't seem like a very idyllic life to me.

    JON HUNTSMAN SR.: Well, no. And the kidnapping of one of our sons was a terrible thing...

    CAVUTO: Right.

    JON HUNTSMAN SR.: ... because the FBI agent was almost killed in the process.

    But, you know, Neil, through our challenges and through our problems, we grow and we develop and we develop and we develop. You know, I will never get over the heartache of losing my daughter, and we are helping to raise her seven children.

    I will never get over the heartache of an FBI agent almost dying rescuing my son from a kidnapping. So, no good deed goes unpunished. And sometimes in life, we try to do our very best to help others, and in the process it brings some anguish to us.

    But we can't ever let that stop us. We can't ever be stopped from helping others and allowing them to have some sense of happiness and joy in their life.

    CAVUTO: Well, there is that. And I'm looking at your life. And it's illustrated in the book as well.

    How do you remember all the birthdays and all the grandkids' birthdays and the anniversaries? Like, how the heck is that done?

    JON HUNTSMAN SR.: That's a military secret that I don't know if I should divulge or not.

    (LAUGHTER)

    CAVUTO: This is it. This is -- it's in a Christmas card I received. And when it came to the Huntsman, my wife -- that was the first thing my wife said. How the heck do you buy gifts for a gang that big?

    Just you all share this kind of thing?

    JON HUNTSMAN SR.: Well, we do.

    We...

    (LAUGHTER)

    CAVUTO: I tell them, if they would like to -- we have a certain place we go to, we go for Christmas holidays. And if they'd like to come with me, I will pay their way and take good care of them. If they don't, merry Christmas on their own. That's it.

    (LAUGHTER)