10 Richest Self-Made Billionaires

There are actually over 1,000 billionaires in the world. But these 10 were able to get there without too much help from their station in life upon birth.

Published in: Leadership & Management, Economy & Finance

10 Richest Self-Made Billionaires from The Motley Fool

Transcript

• 1. There was no silver spoon for these business greats. THE 10 RICHEST SELF- MADE BILLIONAIRES
• 2. A NOTE ABOUT THIS RANKING • Net worth figures came from Forbes’ real-time rankings on June 4th, 2015. • To be self-made, an American billionaire needed to have a “Self- made” ranking of 6 or higher (on a 1 to 10 scale) on Forbes’ list. • Therefore, not only were many of the Walton family (Wal- Mart) not included, but neither were the Koch brothers, who inherited their medium size business and turned it into what it is today. • International candidates were judged as “self-made” on a case-by-case basis.
• 3. • Net worth: $29.5 Billion • Age: 42 years old • Position: CEO, Google Page and Sergey Brin founded Google back in 1998. Before going public in 2004, he turned over the reins of the company to Eric Schmidt. For seven years, Page learned how to run a multi-billion dollar company from Schmidt, and took over once again in 2011. 10) LARRY PAGE
• 4. • Net worth: $36.1 billion • Age: 31 years old • Position: CEO, Facebook Zuckerberg’s rise to fame and fortune has been well documented. He founded Facebook in his college dorm room in 2004, and it quickly became one of the most popular sites on the Internet. He is expanding the company’s reach with acquisitions of WhatsApp, Instagram, and Oculus Rift. 9) MARK ZUCKERBERG
• 5. • Net worth: $37.0 Billion • Age: 73 years old • Position: CEO, Bloomberg When Bloomberg was let go from Salomon Brothers in 1981, he used his severance package to start his own company. The most ubiquitous product: an information portal that gave up-to-date information to traders. He also served as mayor of New York City from 2002 to 2013. 8) MICHAEL BLOOMBERG
• 6. • Net worth: $38.9 billion • Age: 51 years old • Position: CEO, Amazon In 1994, Bezos was working on Wall Street, on a cross country road trip, when he wrote the business plan for what became Amazon. While he builds the empire ever bigger, he also has private investments in companies like The Washington Post. 7) JEFF BEZOS