Top 10 Billionaires That Are Self Made - FOW 24 NEWS

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Top 10 Billionaires That Are Self Made

Who said been born without a silver spoon is enough reason not to make gold spoons in your lifetime? This is a list of 10 ordinary people who started from the scratch and are famous today because their ideas and perseverance brought them billions, be inspired!...

 10. Wang Jianlin

Estimated net worth: $30.1 billion  

Wang Jianlin served in the army for 18 years before becoming involved in real estate. His great fortune makes him the richest man in China. After his time in the army, he joined Dalian Xigang Residential Development, which preceded Dalian Wanda, the state-owned property developer of which Wang is the chairman. In 2012, Dalian Wanda acquired AMC Entertainment, North America’s second-largest movie theater chain.

9. Larry Ellison

Estimated net worth: $41.5 billion 

Ellison went from programmer to entrepreneur in order to build his fame and fortune. He and two colleagues developed Oracle, a relational database management system used by the CIA. Ellison served as CEO until 2014 and is now the chairman and chief technology officer. He also has a massive real estate portfolio, which includes most of a Hawaiian island.

8. Michael Bloomberg

Estimated net worth: $50.8 billion 

 The richest person in New York, Bloomberg began his career at Salomon Brothers, where he joined as a trader and later became a partner. When the company was acquired, he used his severance to cofound Bloomberg L.P. in 1981. The company was designed to make market information accessible in real-time. Bloomberg served as the mayor of New York for three consecutive terms, and has been mentioned as a possible candidate for US presidency. 

7. Ingvar Kamprad

Estimated net worth: $58.7 billion 

 At 17, Kamprad founded Swedish furniture company IKEA with some money his father gave him as a reward for an academic achievement. IKEA is an acronym for Ingvar Kamprad Elmtaryd Agunnaryd, which combines his name, the name of his family’s farm, and the nearest village. Kamprad currently serves as an informal senior advisor to the board of the IKEA Group, which is now an international furniture retailer.

6. Amancio Ortega

Estimated net worth: $66.2 billion

 In 1975, Ortega cofounded Zara, a designer clothing store based on a reasonable price model. His company, Inditex, is the largest fashion group on earth. Ortega managed to avoid the financial crisis in Spain, growing his wealth by $45 billion from 2009 to 2014 with the growth of the company.

5. Carlos Slim Helú

Estimated net worth: $69.7 billion 

Slim studied engineering at the National Autonomous University (UNAM) in Mexico before going on to found companies that have interest in the financial, industrial, telecommunications, and media sectors, among others. Today, he controls more than 200 companies in Mexico and is one of the largest stockholders of The New York Times.

4. Mark Zuckerberg

 Estimated net worth: $73.3 billion 

 Zuckerberg started Facebook during his sophomore year at Harvard University, after which he moved to California with his co-founders in order to nurture the company’s growth. In 2006 he rejected an offer from Yahoo to acquire the company for $1 billion, which was a smart move considering that in 2012, Facebook’s IPO raised $16 billion.

3. Warren Buffett

Estimated net worth: $87 billion

Buffett displayed financial prowess at a young age and purchased his first stock investment at 11 years old. By 13 he had his own small business delivering newspapers. Now chairman and CEO of Berkshire Hathaway, his company has the highest-priced stocks on the New York Stock Exchange, with Class A shares trading at over $200,000 each.

2. Bill Gates

Estimated net worth: $91.3 billion

Gates started programming computers when he was only 13 years old. He founded Microsoft with childhood friend Paul Allen in 1975 after dropping out of Harvard. Along with many of his fellow billionaires, Gates has pledged to give away at least half of his wealth to charity after his death. In the mid-2000s, he transitioned most of his work towards the Bill and Melinda Gates Foundation, which supports numerous philanthropic causes worldwide.

1. Jeff Bezos

Estimated net worth: $112 billion

Bezos wrote Amazon’s original business plan in the passenger seat while his wife drove the couple and their dog from the East Coast to Seattle, where he planned to found the company. After Amazon took off, Bezos founded the human spaceflight company Blue Origins in 2000. Bezos personally owns 18% of Amazon’s shares, and the company is now disrupting the TV and film industry.

Top 10 Billionaires That Are Self Made Reviewed by FOW 24 News on March 14, 2018 Rating: 5 Who said been born without a silver spoon is enough reason not to make gold spoons in your lifetime? This is a list of 10 ordinary pe...

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