Billionaires are members of the most elite group of people in the world. To join the billionaire club, you must be one in three million. The good news is - if you want to join this elite club, its membership is growing. According to the Wealth-X and UBS Billionaire Census 2014, the world’s population of billionaires increased 7% last year to reach a record high of 2,325 billionaires.
Do you have what it takes to become a billionaire?
15. Over 80% of all billionaires
made the majority of their fortune themselves,
even if they inherited a portion.
16. And 55% of all
billionaires are entirely self-made.
17. To build wealth today, you must be in
your own business.
– Billionaire, J. Paul Getty
18. Starting your own company means
your income will no longer be limited,
you will use your time more effectively,
and you will no longer need to beg for
favours from people anymore.
– Billionaire, Jack Ma
19. If somebody offers you an amazing
opportunity but you are not sure you
can do it, say yes – then learn how to
do it later!
– Billionaire, Richard Branson
20. If you want to become a billionaire,
it pays to be a man.
22. Among female billionaires, 21% are widowed,
and many of them
inherited their wealth from their husbands.
23. Women are more likely to have
gained their fortune by inheritance:
65% of female billionaires
inherited all or some of their
wealth, compared with only 40%
of male billionaires.
24. Men are more likely to have
made their fortune on their own.
60% of male billionaires are
self-made billionaires, but only
35% of female billionaires are
self-made.
25. Female billionaires who inherited
their wealth are generally wealthier
than self-made female billionaires.
26. “Too many women limit their vision
and opportunities by getting
overwhelmed.” Women walk away
from opportunities that they can’t
manage themselves, instead of thinking,
“Who can I get to help me so I can go
out to sell the company?”
– Nell Merlino, CEO of Count Me In
for Women’s Economic Independence
27. You CAN have it all.
You just can’t have it all at once.
– Billionaire, Oprah Winfrey
28. If you want to become a billionaire,
it pays to be married.
29. 89% of male billionaires and
65% of female billionaires are
married.
30. 6.5% of billionaires are divorced.
3.1% of billionaires are single.
4.3% of billionaires are widowed.
31. When it comes time to settle down,
find someone who wants an equal
partner. Someone who thinks women
should be smart, opinionated and
ambitious. Someone who values
fairness and expects or, even better,
wants to do his share in the home.
These men exist and, trust me, over
time, nothing is sexier.”
– Billionaire, Sheryl Sandberg
32. If you want to become a billionaire,
it pays to graduate from a U.S. University.
33. 65% of billionaires have a
university degree, and United
States universities count the greatest number
of billionaires as their alumni.
34. The United States has 80% of the top 20 universities
for billionaires.
35. Runners up: India, England,
Russia, and Switzerland have only 1 university each
in the top 20.
36. If you want to become a billionaire,
a university degree is not
necessary; and an advanced
degree is probably a waste of time.
37. 35% of all billionaires have no university
degree at all.
44. If you want to become a billionaire,
it pays to work close to where the money is.
45. Nearly 20% of all billionaires made
their wealth though finance,
banking, and investments.
46. Most engineering graduates, for
example, are not engineers but
entrepreneurs. The same goes for most
law and politics graduates, who owe
their fortunes not to practicing their
professions but climbing the ranks of
the financial services sector.
– Times Higher Education UK
47. If you want to become a billionaire,
it pays to relocate.
58. On average, billionaires have
business or personal
relationships with 9 other ultra-high net worth
Individuals.
59. Ultra-high net worth
individuals are not always
billionaires, but they have a
net worth of at least US$30 million.
60. How do you make
friends with billionaires? The same way
you make friends with other
people.
61. Billionaires form bonds and
relationships with people
who share their interests and
abilities.
62. 68.3% of billionaires are
interested in sports, and 23% are
interested in the outdoors.
63. If you want to become a billionaire,
it pays to think big and take big risks.
64. All achievements, all earned riches have
their beginning in an idea.
– Billionaire, Andrew Carnegie
65. You must take risks, both with your
own money or with borrowed money.
Risk taking is essential to business
growth.
– Billionaire, J. Paul Getty
66. If I lose a billion dollars, I will have it
back in less than five years.
– Billionaire, Henry Ford
67. There is no single path to
becoming a billionaire.
68. You cannot just go to college and
take a safe job working for
someone else, hoping that you will
eventually be promoted into the
billionaire club after years of
achievements.
69. You can be the best educated,
most experienced person in the
company, but to become a
billionaire, you need to be a
leader - not a worker.
70. Do you have
what it takes to become a billionaire?
71. Although there is no single path to
becoming a billionaire, it pays to be a
married male from a wealthy family
with wealthy friends, educated in the
U.S., with your own business related to
investments or finance, and who thinks
big, embraces risk, and is willing to
relocate.
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73.
74. Source Acknowledgements
Wealth-X and UBS Billionaire Census 2014
http://www.billionairecensus.com/home.php
Billionaire Jack Ma teaches you how to be successful in
life and business
http://vulcanpost.com/5407/billionaire-jack-ma-teaches-you-how-to-
be-successful-in-life-and-business/
Richard Branson: Say yes, then learn how to do it later
http://www.virgin.com/richard-branson/say-yes-then-learn-how-to-
do-it-later
Wikipedia: Walton family
http://en.wikipedia.org/wiki/Walton_family
Forbes: Why Women-Owned Businesses Don't Grow
http://www.forbes.com/sites/thestreet/2012/05/17/why-women-owned-
businesses-dont-grow/
My Top Business Ideas: 55 School Drop Out
Billionaires + Successful Entrepreneurs
http://www.mytopbusinessideas.com/school-drop-out-billionaires-successful-
entrepreneurs/
Forbes: 23 Leadership Tips From Oprah Winfrey
http://www.forbes.com/sites/johngreathouse/2012/09/27/23-
leadership-tips-from-oprah-winfrey/
Good Reads: Sheryl Sandberg quotes
http://www.goodreads.com/author/quotes/5333595.Sheryl_Sandb
erg
Times Higher Education: World's top 100 universities
for producing millionaires
http://www.timeshighereducation.co.uk/news/worlds-top-100-
universities-for-producing-millionaires/2008749.article
My Top Business Ideas: How to Become a Billionaire
Entrepreneur / Investor
http://www.mytopbusinessideas.com/become-a-billionaire/
75. Image Acknowledgements
Capitalist designed by Graeme Ford from the Noun
Project
http://thenounproject.com/term/capitalist/16526/
Person designed by Jens Tärning from the Noun
Project
http://thenounproject.com/term/person/8205/
Team designed by Jon Prepeluh from the Noun Project
http://thenounproject.com/term/team/43021/
Tuxedo designed by Micah Lawrence from the Noun
Project
http://thenounproject.com/term/tuxedo/22841/
Money designed by Luis Prado, Public Domain
http://thenounproject.com/term/money/2959/
Running designed by Icons8, public domain
http://thenounproject.com/term/running/61704/
Steve Jobs designed by Stephen Borengasser from the
Noun Project
http://thenounproject.com/term/steve-jobs/36994/
Ring designed by Alex Sheyn from the Noun Project
http://thenounproject.com/term/ring/5164/
Wedding designed by Emily Keller from the Noun
Project
http://thenounproject.com/term/wedding/34294/
University designed by iconsmind.com from the Noun
Project
http://thenounproject.com/term/university/71249/
Education designed by Chris Matthews
http://thenounproject.com/term/education/3012/
Student designed by Wilson Joseph from the Noun
Project
http://thenounproject.com/term/university/71249/
Dropout designed by Musavvir Ahmed from the Noun
Project
http://thenounproject.com/term/dropout/44218/
Diploma designed by Icons8, public domain
http://thenounproject.com/term/diploma/50347/
Bank designed by Adrijan Karavdic from the Noun
Project
http://thenounproject.com/term/bank/6868/
Moving designed by Luis Prado from the Noun Project
http://thenounproject.com/term/moving/23358/
Moving designed by James Keuning, public domain
http://thenounproject.com/term/moving/9880/
Right designed by Joel McKinney from the Noun
Project
http://thenounproject.com/term/right/26924/
Friend designed by Megan Sheehan from the Noun
Project
http://thenounproject.com/term/friend/6808/
Group designed by Tonielle Krisansk, public domain
http://thenounproject.com/term/group/7771/
Golf designed by Icons8, public domain
http://thenounproject.com/term/golf/61521/
Light Bulb designed by Luboš Volkov from the Noun
Project
http://thenounproject.com/term/light-bulb/20727/
Arrows designed by Juan Pablo Bravo from the Noun
Project
http://thenounproject.com/term/arrows/23552/
Like designed by Marwa Boukarim from the Noun
Project
http://thenounproject.com/term/like/1297/