You are here: Home » People » How to Become a Rich Billionaire

How to Become a Rich Billionaire

What does it take to become a billionaire? Are rich billionaires rags to riches stories or did they inherit their wealth? Are there any similarities in the way people get rich so you can detect a pattern and copy it to get rich?

Do you want to be a rich billionaire or a multi millionaire?-  A US dollar billionaire and not the Zimbabwe dollar kind.

Photo source: Wikimedia Commons

You wouldn’t be the only person in the world to be wishing this. Billionaires (the dollar billionaires) are seen to be possessing everything one can dream of.

What does it take to become a rich billionaire? Do they have special skills or characteristics, which others lack? Are there any rags to riches stories there or did they inherit their wealth? Are there any similarities in the way people get rich so that a pattern could be detected and then replicated by others?

Did these rich billionaires attend the elite Ivy League universities or were they school dropouts? Let us investigate the lives of the richest billionaires today.

Billionaires Born in Wealthy Families

Warren Buffet as the world’s richest man carries on his father’s trade of stockbroker. He got a masters degree from Columbia Business School and took a Dale Carnegie course in Public Speaking.

Carlos Slim Helu at No.2 is the son of wealthy Lebanese immigrants in Mexico. His father gave all the five siblings a bank savings book, so that they could deposit their usual weekly allowances. Their father regularly supervised their savings books, analyzing their expenses, purchases, and activities. Parental guidance taught Carlos about savings and investing.

Formerly No.1 for thirteen consecutive years, No.3 on the 2008 list is Bill Gates, a dropout from Harvard University. He comes from a wealthy and influential family, which supported him to start his venture with friends that eventually became Microsoft. Both his parents were very influential and helped him significantly in his career.

Rags-to-Riches Billionaires

At No.7 of the Forbes list is the Swede Ingvar Kamprad of IKEA fame. He is the first in the list with a father or mother who wasn’t wealthy. He started his business by selling matches from his bicycle to neighbours near the farm in Sweden where he was born. Despite having a fortune of 31 billion US $ Kamprad still lives frugally and visits IKEA stores for the cheap meals (they are very good, cheap, and tasty). He learnt to cope with dyslexia, been exposed as a member in a pro-Nazi organization in the 1940s and alcoholism early in his career.

126
Liked it
User Comments
  1. Unelmoida Voin

    On June 10, 2008 at 2:06 pm


    I expected to learn few steps…. but fund none so let us remain poor but still content

  2. patrick regoniel

    On June 10, 2008 at 4:44 pm


    We may reap all the wealth of this world but all of these will pass away. I agree with Unelmoida that we should be content with what we have although we should not also be indifferent to opportunities that come our way.

  3. Nicki B.

    On June 12, 2008 at 3:35 am


    Very interesting… I’m hoping I can possess some of those vital skills…
    -Nicki B.

  4. David B

    On June 12, 2008 at 11:41 am


    Some of these people were crooks, like Abramovich. How can you say they are role models?

  5. Johanna

    On June 14, 2008 at 8:35 am


    Very interesting way to look at these peopl’s lives.Good article.

  6. nobert soloria bermosa

    On June 14, 2008 at 12:20 pm


    very interesting indeed,well, they wanted to be rich or to remain rich that’s why,for those who want to be rich should possess some of those vital skills, i’m happy and contented with my “simple life”

  7. Lucy Lockett

    On June 15, 2008 at 7:23 pm


    It all comes down to what you want from this life! Interesting…

  8. JohnG

    On June 16, 2008 at 5:09 am


    It would be great to know if these any of these were happier than ordinary people. Good story.

  9. diane p. mccloskey

    On June 16, 2008 at 9:11 am


    seems like lots of them dropped out of school…interesting…and yes, took risks and saw opportunities. thanks for the insight!

  10. Jaeger McDermot

    On June 19, 2008 at 6:01 am


    Thought provoking article. But can we recommend dropping out of school? Hardly. There are many hungry school dropouts.

  11. Not yet a billionaire

    On June 20, 2008 at 6:58 am


    Very interesting to see how the super rich are focused on becoming super rich. Also the dropping out of school bit is important. It suggests that they made their own fortunes.

  12. Ruby Hawk

    On June 20, 2008 at 9:46 pm


    A very interesting article.

  13. MagisterL

    On June 25, 2008 at 11:41 am


    Really interesting article. Obviously there are many ways of getting rich as there are many roads to ruin.

  14. neelam pandey

    On July 8, 2008 at 1:03 pm


    awesome work! rags to riches part was really inspiring!

  15. eddiego65

    On July 11, 2008 at 10:34 am


    Truly interesting!

  16. booradley

    On August 12, 2008 at 9:03 am


    I love hearing the rags to riches stories. It’s so uplifting. Thanks for sharing.

  17. Guerilla Billionaire™

    On October 17, 2008 at 3:00 pm


    Hello,

    I just came across your blog and thought that your audience would appreciate knowing about http://WWW.GUERILLABILLIONAIRE.COM. Years ago I wrote the popular startup financing manual at http://www.antiventurecapital.com. Now I am launching a labor of love: Guerilla Billionaire™. This is an action plan for pursuing the strategy most commonly used by self-made billionaires to build wealth. The 6 month course is aimed at people with at least basic entrepreneurial skills and acumen as it’s taught at a high level.

    Could I have you add a link to Guerilla Billionaire™?

    Best regards,

    Peter

  18. William

    On October 20, 2008 at 11:57 pm


    We breathe the same air, live in the same universe. We are all equal. Remember the 2nd richest people in Taiwan, he just passed away. Maybe he is more appropriate to tell you how it feels to be a billionaire.
    For a poor guy like me. Maybe it is good enough to have a good job, warm family and be healthy.

  19. Donald Carter III

    On November 6, 2008 at 1:21 pm


    I noticed one thing in the world that man has always searched to be wealthy and rich but Godliness with contentment is great
    gain. College isn’t for everyone. We all must find our way

  20. call me al

    On November 13, 2008 at 2:46 am


    lacking opportunity, looking at the world very differently,
    exspecialy feeling hunger and desire inspires the mental processes of a billionaire you need to do it for yourself off your own bat without being skimmed by the greedy who will try to
    take it from you. think differently and dont think it do it.

  21. john

    On November 20, 2008 at 11:55 pm


    sick article im on my way

  22. king Hades

    On February 16, 2009 at 4:27 am


    someday you’ll see my name there…at the top… :(

  23. Rana Sinha

    On February 16, 2009 at 12:23 pm


    Thanks everyone for your comments. King Hades, OK. The bet is on!

  24. David - the optimist

    On March 23, 2009 at 2:07 pm


    Well……..here I am…….£217,000 in debt with £0.67 in my business account and £1.94 in my personal account……..watch this space :-) I’m going to retire, debt free, in 4 years……!

    Great article, by the way.

  25. LaMarsha Wilson

    On April 24, 2009 at 9:02 pm


    I would like to be a billionare ….I have bad credit and some business skills to run a television network cah you help …if so email me at wilsoneveon@yahoo.com

  26. Daniel

    On May 1, 2009 at 11:01 pm


    They richest men referred above are definitely wealthy as compared with us, though, they started their business in 1900s.
    Unfortunately, it is 2009 this year. All commercial giants take control of all or most chances of being wealthy among us.

  27. Alexei

    On May 4, 2009 at 6:22 pm


    i agree with daniel, im have a variety of skills, but the only thing holding me back is my health condition, I was born in a poor country, lived in an orphanage, got adopted and became not wanted for no unknown reason, and have no family. but one good thing i can say is I am very happy with friends whos familes have accepted me as part of their own and they all support me, also i wont ever be a billionaire. EVER! but i will be rich wich is good enough, i dont need jets, yachts fancy dinners, and houses around the world. All i need is the support, skills and effort to go out and finish what i started. first ive begun doin a course in (interior design) and (buissiness management) then I will have my own buisness going and hope it hits the ceiling. The reason im doing all this is because there are not many jobs going in interior design, and most people who do finish their course in that proffession usually sit around home waiting for a job to apear. so im moving ahead as soon as i can so i can retire at age 40.. im now 23 i have done many course in ( people skills, communication skills, telecommunications wich also boosts up your people skills to help get a kick start towars your chosen careers) well anyways those are my plans.

    So goodluck to everyone out there and hope you all will acomplish things in your life and become happy. you dont need to be a millionaire or even a billionaire to be happy..

    cya

  28. amor versace

    On June 25, 2009 at 4:10 am


    when you have everything in your life, sometimes it can be boring.. let’s appreciate our “simple life”.. because, for me – love, family and friendship are far more important.. but if we succeed and become one of “them”, it’s better to keep it “simple”..

  29. jeff

    On June 25, 2009 at 7:36 pm


    there is only one thing that i can say in fulfilling those riches, “it is simply the journey to become rich” riches can’t choose the best way what you are, it can disregard everything(education,knowledge, ability,skills etc). because it have a equality that every one can deserve.

  30. tviper95

    On July 17, 2009 at 7:23 pm


    some of these stories are inspiring as I hope to be rich someday, I’m glad some of them have discussed that they had some help financially since that makes a huge difference compared to the average person who is not born into a wealthy family such as myself.

  31. Loyiso

    On August 12, 2009 at 8:39 am


    this all makes sense, i just hope i don’t have to wait that long to become one.

  32. chuks

    On September 6, 2009 at 10:40 pm


    i just know inside of me that in a shortwhile i’ll become a billioniare

  33. anoyamous

    On September 19, 2009 at 6:34 am


    i feel that having a business mind is essential in all aspects of running a business. But keeping it going smoothly is another thing. unfortunately, i don’t have the perserverance to get things going smoothly. i just want to relax and take the profit hoping others will do the tough thing for me. In short, i am plain lazy. i like to laze around and wait for opportunities. Even if there are any, i would just think i can come back to it tomorrow. and it would be a never ending tomorrow until the whole piece of fat meat got into other people’s hand. i can only succeed if someone is stupid and loyal enough to do my bidding. I know the way to success, i know exactly what to do to become real famous in my business. i know how to sell my products & services at a higher price. i have very strong pursuasive power. Everybody told me that. They say i would be a great success. But i fail in my business because i laze around to surf on the internet. At this time i should be looking for opportunities to meet more clients, but i am surfing the internet reading successful people’s articles. the thought of going to my client’s place to talk about business makes my butt stuck to this chair. I pretend to be rich, but i am penniless. i spend like crazy. spend like there is no tomorrow. so now i am in this sorry state working for others. the thought of my efforts will be my boss profits makes my blood boils. i have alot of skills. sales skill, managing skills u name it. but i don’t utilise them. i am just interested in it for 3 mths. later i would be out of motivation. then i would laze around again. but i want to be a billionaire and i know there is someone out in the world having the same charactor as i am. have good and adequate qualities to be successful. but got into debts. i have to hide from my debtors and change my phone numbers. i am very good in talking but no actions taken. even my debtors cannot outtalk me to pay them. they are burley guys. they wouldn’t even dare to lay a finger on me when i say i spent the money and i won’t be paying u a single cent. they send debt collectors to my house. but after few attempts in vain due to my sharp mouths and quick brains, they eventually gave up and i havent seen them in about 3 months. i was really hoping they would say the wrong word or do the wrong thing, so i can make them pay me a reasonable sum while i got away with the debt. but they didn’t. Now i really wanted to change. i pursuaded 2 colleauges to form a partnership with me each coming out with RM30000. Those 2 idiots really agreed and came out with the money. When it was my part to come out with the money, i successfully put it off and the 2 were so happy being distracted by some in coming business i got for our newly formed company. how do i find such big sum of money when i do not even have the ability to pay my loans. These 2 collegues was actually very loyal and hardworking in our present job, but recently due to my negative reinforcement, motivating, sweet talking & pushing, they become restless in their jobs. they are now 80% loyal to me. although my boss did not offend me and he even think highly of me, i still think i won’t get to his standard of living. i am jealous. he is about the same age as me, why is he more succesful when his brains is like a fly? why can he afford to have so many properties and fancy cars and i have nothing? so by taking both of his capable workers with me will be his downfall. i don’t know why that by the thinking of his downfall makes me happy. He treats me fine. Am i sick or what? i feel that sometimes i am a born con-artist. i don’t understand why if i were to propose something, they would sure be people to come out with the money. But in the end, i would spend it all. and i won’t pay. i am dishonest. i am a crook. i don’t like it that way. but in fact i really am. i can gain people’s trust easily. i can make them run a goose-chase and they will thank me in exchange. if any of you don’t believe this is true, you can try it. but i want to change. i realy want to be serious this time in my new business. i don’t want my colleagues to fail because of me. if any of you have any suggestions or comments, please feel free to criticize me in any way u like i won’t mind. thank you.

  34. chikopa matsukima

    On December 22, 2009 at 1:07 pm


    My father Chikopa Onsujariki is a billionaire and had a fortune of 920 billion yen. My mum Chikopa Nalosera had 700 billion yen in her bank. My big Sister Chikopa Kitapusaha had 500 billion yen in her bank. My 2nd Brother Chikopa Sukimato wealth is 385 billion yen. Me? worth how much Billion? But my Family only give me pocket money at 1.5 million yen per month. Must take around 55 years to earn my first billion yen. Papa Mama is so unfair to me. See me the youngest kid, biased my elder sister and brother.

  35. r&rsp

    On December 30, 2009 at 12:10 am


    this has made me what to have billions of dollars

  36. Erik Olmos

    On February 6, 2010 at 3:02 pm


    Well to me many people desire to be rich, but Im going to say this I’d love to one day have money, I mean who doesn’t right? As we people that have struggled, in other words don’t have enough to go threw with life, desire to be rich but we go through life as it is becuase we know to wake up and continue to make it through another day just to put a roof on top of our heads and a plate on the table, but I bet if you asked a billionaire If they enjoyed their life most of them would say they would rather be like us becuase they go through alot of stress and a lot of problems, but hopefully one day Ill have the oppertunity to make good money not to be rich but to live life without the drama of not having enough.

  37. Ivan K

    On February 13, 2010 at 5:24 pm


    I read the whole article the the anoyamous guy wrote. The whole thing. I should congradulate you for being so skillfull in making money. But the way you make your money will not lead you to heaven. Factor in to your life Jesus. Then make money your a good business man.

  38. adonis morantes

    On March 3, 2010 at 4:49 am


    symeon freemanstein philosophy:

    There are four stages of success;

    Wanting it,

    Getting there,

    Being there

    And staying there.

    if you are at the bottom, try the taste on the TOP..

  39. N

    On March 11, 2010 at 7:47 am


    Interesting….
    the only way to become sucessfull is to follow excellence! succes will follow you! it doesnt matter what you do but whatever you do, do it with pure intension and follow excellence in it! and see allways ur slf as winner..!

  40. Henderson

    On March 11, 2010 at 10:32 am


    Well, to be happy with what I have I won’t be searching how to become a billionere.

  41. marvin

    On April 29, 2010 at 6:42 am


    They love what they do so they become rich. Found some fascinating and controversial insight in the blogs.
    That the rich are crook and evil..I believe not all of them are not crook and evil. There are poors who killed and go to some drugs and there are rich who abused others. What I found out it does not depend in the wealth. I had found lines that the rich people are not go to heaven..But i found out in the reality that life of the poor is very depressing, all day long u r thinking where u go to eat or where U go for job. or where u find budget for your education.
    I believe a true mark of prosperous living is Love..love at what you do..and all the wealth follow u..
    Bill Gates not just think about higher value that serve people but he loves computer and love drives him to do everything about computer. He programmed operating system to help our lives comfortable to make things easier in our job and office. How much time we save for printing and encoding files and our projects? Again, he gives value to a lot of people.
    Thanks to them, our life makes things easier because of them.

  42. Rajesh

    On May 5, 2010 at 11:17 am


    I personally see that becoming a billionaire is nothing but becoming what you actually want.
    For example, some people love music, and they perceive in to such career, some people love acting so they perceive such career.
    Just like that, some people love to become rich, they perceive and become rich.. Its just a matter of how determined and ambitious you are.
    Very ambitious actor might reach to get an Oscar, and less ambitious may just be a mere actor.
    And not everyone is same and do not keep the same pace, hence there are different status of people.

    But, if you have strong desire to reach to the top, to really achieve something, never be content until you reach it.

  43. Milan Jarjabek

    On May 22, 2010 at 6:52 pm


    Rajesh, pure gold what you’re saying there.

  44. prince/

    On May 24, 2010 at 7:01 am


    i wnt one good name to start up a company like bill gates. . . . .

  45. Lane Neihardt

    On May 29, 2010 at 1:36 pm


    “HealthWealth” is an ongoing process which supercedes all else & can be taken with you. Any material gain is merely icing on the cake whether it be achieved by fraud or honesty & cannot be taken with you. Most important is the kind of luggage you will carry when you leave this earth physically & the contents in that luggage left behind. A lifetime is our greatest lesson no matter what road you travel.
    Lane Tech

  46. aima

    On June 18, 2010 at 4:48 am


    anybody can ask me how to be a billionnaire

  47. pussy

    On August 17, 2010 at 3:07 pm


    its a very good act to copy. they all had a very wealthy upbringing.

  48. Maureen greaves

    On August 30, 2010 at 8:20 pm


    I would like to contact Bill Gates in regard to my newly published book WEEKEND SPECIAL. Mr Gates can you advertise my book on your network so I can get it into the shops for sale. My web site is http://www.strategicbookpublishing.com/MaureenGreaves/Weekend
    Special.

    THANKING YOU

    MAUREEN GREAVES

  49. LION FROM IRAN

    On September 9, 2010 at 12:44 pm


    I HOPE ONDAY ALL THE PEOPLE AFFORD ANY THING THEY DESIRE. NOT SOME SPECIAL SB LIKE BUFFET JUST BE ALWAYS BILLIONER!!!!!!!!

  50. wayne254

    On October 5, 2010 at 7:12 pm


    i would love to learn how to get rich
    and mange my money

  51. George C.M

    On October 19, 2010 at 12:35 am


    Hi, I want to be reach immediately from now on I have nothing, I dont even have business. contact me at: cglct@hotmail.com George C. M.

  52. babi luv

    On October 24, 2010 at 10:01 pm


    hoaffaly i am goin 2 be up up up there im doin doze skillz rite now oh i prayinq daht i canreach daht l;ife of being wealthy

  53. amuraomichaelmanalophilippines

    On November 2, 2010 at 10:27 pm


    Good am…
    I inspired for a wonderful article, Someday if time will come it is be rather richer in heaven not in this sinful planet. I promise if i will win a lottery here in Japan 900 Billion Yen i will help my family Namely Amurao,Manalo,Suva,Puno,Gomez,David and Brgy SAn Juan Baño Arayat Pampanga. Philippines

    Michael M Amurao CoE MPA
    Pfc (Inf) PA
    2LT (RES) PA

    P $ Y 885,6231,,0,140,839

  54. nicole

    On November 12, 2010 at 7:21 pm


    i dont get it uhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh! :(

  55. humado jesse nunya

    On November 13, 2010 at 5:13 pm


    THE PROBLEM OF THIS WORLD IS YOU THE TALENT BUT THERE IS NI ONE TO GIVE YOU THAT PUSH BECAUSE OF POVERTY.WHEN HELP COMES THE WORLD WILL HERE OF PEOPLE LIKE ME.

  56. daniel

    On December 26, 2010 at 6:05 pm


    i really admire all these people, and i really want to be like one of them…………

  57. peter

    On February 6, 2011 at 10:12 am


    i realy wana get rich..so many dreams…doing my a-levels now…but dont have the kash to go to uni…wish one of those billionaires could have the heart to share some of their kash with me.

  58. how to become a billionaire

    On February 22, 2011 at 5:56 am


    There is no ‘get rich quick’ scheme but technically if you learn to work for yourself – you’re learning how to become a billionaire (potentially) since your work = your income.

    Just a thought. :)

  59. Jack

    On June 1, 2011 at 9:55 pm


    The title for this article is wrong. There is nothing here that describes “how” to become a rich billionaie. It’s just “who” is a rich billionaire. Wasting my time.

  60. Derek

    On October 19, 2011 at 10:30 pm


    Never ever give up. Never! Of all those people nobody special and all have different beginnings, Never give up.

  61. bolaji raji

    On November 23, 2011 at 5:10 am


    Hi sirs,am still wondering why one person have about $82.2billion dollars please sirs i wouldn’t mind if i can be lift up from you.i need just $800.000 dollars to start up something i swear my life will never remain the same if my family will not suffer again.if you are willing to help me sirs contact me on this(lumburgmedy@yahoo.com) or mobile +2348021174122.

    thanks yours sincerely.

Post Comment
Powered by Powered by Triond
-->