The number of years it took America’s richest people to become billionaires after starting a business
Posted by Sy3Zy3Gy3
The number of years it took America’s richest people to become billionaires after starting a business
Posted by Sy3Zy3Gy3
16 comments
Huh Menards is on this list.
I love Menards.
“through a combination of grit, intelligence and innovation”
Many people have those qualities. These people were lucky.
Yes, it requires hard work to be in the NBA. Saying the average person can be if they just work hard enough is irresponsible, and so is that above statement. Omitting luck is the biggest reason that despite the massive advances in automation, computers, medicine, etc. since the 1980s, the average person is no better off financially.
What used to be aspirational wealth and the guy with the Ferrari is now a person with a space ship, submarines, his and her planes, half a dozen hotel sized homes, etc. Worse, instead of people building neighborhoods, huge human and physical resources are diverted to things like cruise ship sized boats so an owner can use it 10 days a year (sometimes while putting sails on it to be eco friendly, and only burn a lifetime of fuel on a crossing instead of 10 lifetimes of fuel). All while getting credit for being eco friendly and creating jobs.
If you have $100,000,000 and aren’t happy, $100,000,000,000 isn’t going to fix it.
Just remember that some of them came from relatively wealthy upbringings, elite schools, and strong networks. A person who came from nothing is likely not going to be a billionaire unless they got there another way. Such as a successful celebrity turning their millions into a billion.
Where’s the section to show how large their wealth was before ‘starting’ or the size of the loan their family gave them? Because if you start with a family provided 200k infusion, or the wealth of an emerald mine behind you, it kinda undercuts the message
They’re all but one guys with European ethnicity? And the odd one is the same but the only woman. Very multi cultural and diverse country.
“Self made” please. The majority on this list came from wealth.
Elon musk being on the list is a fucking joke.
I’d love to see this list with all American billionaires to illustrate the number of “N/As” since 90% inherited.
Whats insane is that most believe there was less than 5 billionaires in the 1970s in America
There is no such thing as a self made billionaire. It’s the most ridiculous worshipping of the dollar that make people believe this is true. I would love to see how many of these people built the roads their products went to market on. Or how many had to hire their own police forces to protect their assets. Or how many educated their own workforce. We’re all in this together and to suggest otherwise is a joke.
I’d love to see how many failed billionaires there are too. People who had all the odds in their favour and still didn’t make it. There’s a lot more failure than success, I’d wager.
Schwarzenegger still had the best response to any question about making money. Q: how do you make money? A: the first million is the hardest to make, so you start with the second million.
Not sure looking only at unicorns is a useful measure
It would be nice to show how they got their start and leg up, contact in venture capital, rich daddy, sociopathic ruthless buying and strip mining companies to flip and burn, bullshitting, massive debt to gangsters and oligarchs, ripping off taxpayers, etc.
Likely none of them just got there through hard work and skill on their own. Most of the time it also requires a great deal of luck on what family and their contacts you are born into, or tendency to be a ruthless asshole.
Why is ooma the phone company posting this?
These people have become billionaires on the backs of ordinary people. They were rewarded for their clever thinking in the business world. So few are rewarded with the abundance of their success. It is the majority of ordinary employees that lack opportunities, not so much luck, that these founders have been given at birth, education, wealth, connection, and potential good health from growing up in an environment that shields itself from the majority. It is, in a sense, for most billionaires live in a different world than the majority of people-like royalty. Never riding in public transportation, schools, or even going to the market or cooking their own food.
Jesus fucking Christ they became billionaires in 4 years!? I’m at double that trying to make my first $100 🤣
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