According to Forbes Magazine, the number of billionaires rose to 2,755 billionaires globally and added 400 names in 2021 alone. Most of them obtained their fortune from hard work and investing in their dreams.
He dove headfirst into a handful of risky investments that promised massive profits rather than betting on smaller but safer ventures that wouldn’t have given him the kind of wealth that he has now.
He was a young investor who saw France’s crumbling textile industry as a once-in-a-lifetime business opportunity. After gaining complete control of LVMH in 1989, Arnault expanded his empire by acquiring Celine, Kenzo, TAG Hauer, and Bulgari.
Bezos founded Amazon back in 1994. It was initially named Cadabra, but he later changed it to something that starts with an A. Why? Call it an early SEO strategy since web listings back then were alphabetized.
We’ve all heard how Bill Gates started an empire from his parent’s garage, reinvented desktops, and gave us Microsoft. For decades, the tech genius has been on the radar as one of the wealthiest people on earth, if not the most affluent.
Larry Page is the co-inventor of the Google search engine, and he is fifth on the list with a $116B net worth. He became a billionaire at the age of 30 after Google started making immense profits in early 2000.
Larry Ellison is the co-founder of Oracle Corporation, the second-largest computer software company globally. He ranks as the sixth wealthiest person in the world with $114.6B. In 1973, Ellison worked for Ampex's electronics company, where he met fellow computer programmer Ed Oats and businessman Bob Miner.