Business lessons from THE TOP 10 BILLIONAIRES
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Business Lessons You Can Learn From The Top 10 Billionaires In The World
It’s no secret that money makes the world go ’round. But the wealthiest people in the world are so much more than just millionaires and billionaires—they’re magnates who have changed the way we live our lives. Still, some of them might be even richer today if they were better at managing their money. Here are ten ways to learn from them!
1. Elon Musk
Elon Musk is a South African-born Canadian-American business magnate, investor, engineer and inventor. He is the founder, CEO, and lead designer of SpaceX; co-founder, CEO, and product architect of Tesla Inc.; chairman of SolarCity; co-founder of Zip2; co-founder of PayPal; founder/CEO of SpaceX – which developed the Falcon 1 & 9 rockets for satellite launches and the Dragon spacecraft for cargo transport to International Space Station (ISS).
Key Takeaways:
In 2008 he founded Tesla Motors as an electric car company that designs, manufactures and sells luxury vehicles.
Tesla Motors’ first major project was to develop an all-electric sports car called Roadster in order to show off their battery technology.
2. Jeff Bezos
Amazon.com was established by Jeff Bezos in a Seattle garage in 1994, not long after he left the illustrious hedge company D.E. Shaw. When he first suggested opening an online bookstore, his former employer David E. Shaw was uninterested.
Key Takeaways:
Though Amazon began by selling books, it has since evolved into a one-stop shop for all things related to the sun and is predicted to surpass Walmart as the biggest retailer in the world by 2024. Some of Amazon’s surprise growth are clear examples of the company’s habit of ongoing diversification. On account of the increased demand for online shopping in 2020, Amazon’s share price increased by 76%.
3. Bernard Arnault
Arnault Bernard is known as the French billionaire who owns a lot of Louis Vuitton and Christian Dior, but Bernard Arnault is also an art collector. He was born in France in 1954 and started his career at his father’s company after graduating.
Key Takeaways:
He took over as CEO when his father died, and expanded it into luxury goods and services with brands like Bulgari, Dom Perignon Champagne, Sephora cosmetics, Givenchy fashion line…the list goes on!
4. Bill Gates
Bill Gates has had an influence on multiple generations, as his company is responsible for some of the most influential products on our planet.
Key Takeaways:
The first computer one ever owned was a Dell laptop, which was built by one of his companies. He’s also responsible for innovations like Windows operating systems and Microsoft Word software that have changed how we interact with computers today.
5. Warren Buffett
Warren Buffett is the Chairman, CEO and largest shareholder of Berkshire Hathaway. He’s also known for his adherence to value investing and his personal frugality despite his immense wealth.
Key Takeaways:
Buffett began investing in stocks at age 11, but didn’t start making serious money until he took control of a textile manufacturing company called Berkshire Hathaway in 1965. By 2013, he had become one of the richest men in the world with an estimated net worth of $58 billion dollars (USD).
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6. Larry Page
Larry Page is the co-founder of Google and its current CEO. He was born in 1973, attended the University of Michigan, and with Sergey Brin founded Google in 1998.
Key Takeaways:
As CEO, he oversees all major business decisions at the company—including acquisitions—and is one of the most powerful people in tech today. Larry Page’s net worth is $111 billion as of November 2022.
7. Sergey Brin
Sergey Brin was born in Moscow, Russia, and his family immigrated to the United States in 1979 when he was six years old. Larry Page and Brin co-founded Google in 1998, and when Eric Schmidt became the company’s CEO in 2001, Brin was named president of technology.
Key Takeaways:
After the Alphabet holding company was founded in 2015, he held the same position there before resigning in 2019 to make room for Sundar Pichai to become CEO.
8. Larry Ellison
Key Takeaways:
He has given more than $1 billion to charity and also donated $100 million to Stanford University’s medical school in 2015.
9. Steve Ballmer
He was also a Harvard dropout who, along with Bill Gates, co-founded Microsoft in 1975 and grew it into one of the largest companies in the world.
Key Takeaways:
In 2014, Ballmer stepped down as CEO after 14 years at the helm. Since leaving Microsoft, he has turned his attention to philanthropy: he donated $1 billion to left-wing causes like gun control and immigration reform; he spent another $23 million on education reform efforts; and he gave $50 million to build a state-of-the-art mental health centre at Stanford University’s medical school.
10. Mukesh Ambani
The chairman and managing director of Reliance Industries, the biggest oil refiner and one of the most valuable businesses in the world, is Mukesh Ambani.
Key Takeaways:
The conglomerate, which was initially started as a textiles business by Dhirubhai Ambani, Ambani’s father, is today one of the key sectors of the Indian economy. Oil and gas, petrochemicals, refining, retail, and media are among Reliance’s business ventures.
This article discusses the richest people in the world, who they are and how they made their money so that you can be inspired by them.
The Top 10 Billionaires in the world
The world is full of interesting people who have made a lot of money. These are just some examples, but there are many more billionaires out there. If you want to be successful in life, it’s important that you pay attention to the lessons these people can teach us about how they became so rich.