◎ How did the Wealthiest Billionaires Made Their Fortune?

in #money8 years ago

While being a billionaire seems very hard and challenging for most of us, there are people that managed to do that by creating their own empire. What makes this distinct is the unique approach they had in regards to making money and that significantly changed their lives.

  1. John D. Rockefeller wealth: $318.3 billion
Rockefeller wasn’t a part of a wealthy family, but he did manage to create an oil company and at its peak, Standard Oil was holding up to 90% of the entire market when it comes to delivering refined oil in the US. However, the US Supreme Court did dictate that this was a monopoly so they ended up breaking the company up in 34 different ones.

2. Andrew Carnegie wealth: $298.3 billion

Andrew Carnegie made money at first by mortgaging his mother’s house and then he invested in a delivery company. He made some good money there, then he continued by investing in a company which created sleeping cars for the railway. At 30 years of age, he expanded the investment in railroads, iron works and oil among many others.

3. Mark Zuckerberg wealth: 55.8 billion

Mark Zuckerberg created the tech giant named Facebook and it’s one of the companies actively involved in changing the world via better communication and high standard features. Mark Zuckerberg has managed to bring in front a very interesting set of ideas that lead to the first major social media website! The Amazon CEO Jeff Bezos and Bill Gates from Microsoft can also be included in this list as they also created large tech related companies that ended up making billions.

4. Amancio Ortega wealth : 78 billion

Amancio Ortega was a tailor at first but he invested his money into creating a new company. From here he continually started to work hard and he ended up creating the Inditex trust which is one of the largest trusts in the world.

5. Carlos Slim Helu wealth: 49.7 billion

He made his worth by creating a telecommunication company and he strived to make Telmex better and better throughout the years. In the end, he managed to create one of the largest media companies in the world, despite the fact that he had some very humble beginnings.

Just because these people are/were very wealthy, that doesn’t necessarily mean they came from rich families. With a lot of hard work and great ideas nothing is impossible, you just have to be fully committed to the idea and results will pay off. If these billionaires could do it, so can you!

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