There are two types of billionaires: those who inherited their wealth and those who built it from nothing.
This article has a list of 20 self made billionaires and their secrets to how they made money.
How many billionaires are self made?
The majority of people have a notion that the rich were born rich. Photo: @BnBISource: Instagram
The majority of the billionaires in the world are self made.
Their current number stands at 1639.
That means they struggled from rock bottom to the place where they are today.
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Keep reading to learn more.
The majority of theserich peopleearned their wealth through founding their businesses or through investments.
Bill Gates - Estimated net worth: $132.1B
Bill started programming computers when he was only 13 years.
His determination, focus, and hard work are the key ingredients for his success. Photo: @GatesSource: Instagram
He foundedMicrosoftat a young age after dropping out of Harvard.
He came from a humble background, and that did not deter him from making it.
His determination, focus, and hard work are the key ingredients for his success.
By 13, he had a small business delivering newspapers. Photo: @WarrenSource: Instagram
Warren Buffett - Estimated net worth: $103.7B
Buffet purchased his first stock investment at 11 years old.
By 13, he set up and ran a small business delivering newspapers.
He developed a relational database management system used by the CIA.
He has a massive real estate portfolio. Photo: @LarrySource: Instagram
Besides, he also has a massivereal estate portfolio.
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4.
He later foundedBlue Originsin 2000, the spaceflight company.
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His secret to success is being creative and innovative and being up to date with thecurrent trends in technology.
From 2010 to 2013, he was ranked as thewealthiest personglobally by Forbes magazine.
He founded companies that have an interest in the financial, industrial, telecommunications, and media sectors.
He currently serves as an informal senior advisor to the board of the IKEA Group. Photo: @IngvarSource: Instagram
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7.
He is the brain behind Facebook.
He started Facebook during his early years at Harvard University.
The founder of Amazons. Photo: @BezosSource: UGC
He later relocated to California to nurture the company’s growth.
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10.
He has an interest in the financial, industrial, telecommunications, and media sectors. Photo: @CarlosSource: Instagram
He is famous as one of the co-founders of Google, along with Sergey Brin.
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13.
He is the co-founder and former executive chairman of Alibaba Group, a multinational technology conglomerate.
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He saw several business opportunities in it and eventually founded his e-commerce site in 1999.
He began his philanthropic work in 1979, funding scholarships for Black African university students.
Under Soros' leadership, Quantum Fund became one of the most successful hedge funds of all time.
He is the brain behind Dalian Wanda Group, China’s largest real estate development company. Photo: @WangSource: Instagram
Carl Ichan - Estimated net worth: $15.6B
Carl Celian Icahn is an American businessman.
Even though he is 85 years, Icahn remains a powerful force in the finance world.
He is the current owner of the Los Angeles Clippers of the National Basketball Association.
He was the Mayor of New York City from 2002 to 2013. Photo: @MicSource: Instagram
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18.
Phil Knight - Estimated net worth: $50.7B
Philip Hampson Knight is an American billionaire businessman.
Knight and his old track coach put up $500 to start the athletic shoe company known as Nike.
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Today, more than 50 years later, the company is worth $86.2 billion.
Elon Musk Estimated net worth: 182.1B
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Elon Musk of Tesla is regarded as the fastest-made billionaire.
Together with Brin, they started Google. Photo: @LarrySource: Instagram
Austin Russell Estimated net worth: 1.9B
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He spent his teens researching at the University of California at Irvine’s Beckman Laser Institute.
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He found Henderson Land Development Company. Photo: @LeeSource: Instagram
Above is a list of self made billionaires.
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The richest man in Saudi Arabia. Photo: @TalalSource: Instagram
He graduated from the University of Nairobi (2017) with a Bachelor’s in Information Technology.
In 2023, Bennett finished the AFP course on Digital Investigation Techniques.
He has worked for Briefly.co.za for six years now.
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He specializes in topics like technology, entertainment, travel, lifestyle and sports.
you might reach him via email at bennetyates@gmail.com.
The richest man in Brazil. Photo: @PauloSource: Instagram
He is the co-founder and former executive chairman of Alibaba Group. Photo: @JackmaSource: Facebook
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He began his philanthropic work in 1979. Photo: @SorosSource: Instagram
He is the founder and controlling shareholder of Icahn Enterprises. Photo: @CarlSource: Instagram
He is the current owner of the Los Angeles Clippers of the National Basketball Association. Photo: @BallmerSource: Instagram
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He founded Nike. Photo: @PhilSource: Instagram
He is the founder, CEO, and Chief Engineer at SpaceX. He also owns Tesla, the car company. But that’s not it! Photo: @ElonSource: Instagram
He is the founder and CEO of Luminar. Photo: @RusselSource: Instagram
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