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You are here: Home / How long does it take to become super-rich? The time it took the world’s wealthiest men to make their first million – then billion – is revealed (and tech whizzkids are a lot faster than traditional tycoons)

How long does it take to become super-rich? The time it took the world’s wealthiest men to make their first million – then billion – is revealed (and tech whizzkids are a lot faster than traditional tycoons)

For some people making their first billion takes a whole lifetime, but a growing number today are crushing their way to the benchmark in just a few years. The majority of the world’s most wealthy men have made their billions rapidly in tech, including Jeff Bezos with Amazon, Bill Gates with Microsoft, Larry Ellison with Oracle and Mark Zuckerberg through Facebook. Today it’s the new school of tech entrepreneurs who are smashing records, with Bezos raking in his first billion within five years and Zuckerberg within just three. In contrast Gates and Ellison, who soared through the personal computing boom of 1990s, took 11 years and 16 years respectively to make their first billion. The old school of investors like Warren Buffett, Zara founder Amancio Ortega, Mexican telecoms tycoon Carlos Slim Helu and casino baron Sheldon Adelson, took decades to reach the milestone.  The total number of billionaires worldwide is 2,153 and their wealth combined is an estimated $743bn.   RELATED ARTICLES Previous 1 Next Richest person in each state revealed: Combined total wealth… REVEALED – How much Silicon Valley workers make: Google… Trump to award IndyCar owner Roger Penske a Presidential… Newly divorced billionaire MacKenzie Bezos pledges to give… Mexican… Read full this story

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How long does it take to become super-rich? The time it took the world’s wealthiest men to make their first million – then billion – is revealed (and tech whizzkids are a lot faster than traditional tycoons) have 329 words, post on www.dailymail.co.uk at June 28, 2019. This is cached page on Drudgereport. If you want remove this page, please contact us.

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