The billionaires who got richest quickest revealed (2024)

The billionaires who got richest quickest revealed

The billionaires who got richest quickest revealed (1)

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The world's fastest self-made billionaires

Boasting the Midas touch, the planet's most successful entrepreneurs didn't waste any time making their money. On average it takes a person 21 years of hard workto become a billionaireaccording to OLGB, but these magnates got the job done in a fraction of that time. Click or scroll through the people who reached billionaire status in record time.

3 July 2020

The billionaires who got richest quickest revealed (2)

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Joe Gebbia and Brian Chesky – 7 years

In 2007, hard-up Joe Gebbia and roommate Brian Chesky decided to rent out air beds in their San Francisco apartment to conference-goers and tourists, calling their little venture AirBed & Breakfast. Renamed Airbnb, the firm obtained its first round of funding in 2009, and by 2014the company was valued at $10 billion (£7.8bn), and each of its co-founders were worth $1.5 billion(£1.2bn). Six years later business has been negatively affected bythe COVID-19 pandemic due to limits on travel, but both founders have still doubled their net worth to $3.1 billion (£2.5bn) eachsince becoming billionaires.

3 July 2020

The billionaires who got richest quickest revealed (3)

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Nathan Blecharczyk – 7 years

IT pro Nathan Blecharczyk teamed up with Gebbia and Chesky in 2008, and was charged with the task of coding the original Airbnb website. Needless to say, his efforts had a big impact on the team’s successes. Along with his Airbnb co-founders, Blecharczyk is worth an impressive $3.1 billion (£2.5bn), and all three have signed up to The Giving Pledge, vowing to donate the bulk of their fortunes to good causes.

3 July 2020

The billionaires who got richest quickest revealed (4)

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Vladimir Potanin – 7 years

Vladimir Potanin is the Russian person who's made it to billionaire status quickest. On average Russians reach the milestone before any other nation – after only 16 years – but Potanin managed it in only seven. The oligarch first became a billionaire in 1998 after acquiring a stake in Norilsk Nickel in 1995. Nowadays Potanin owns more than a third of the metal company and is sitting on a comfortable net worth of $23.5 billion (£18.8bn).

3 July 2020

The billionaires who got richest quickest revealed (5)

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Wang Yue – 7 years

Lucking out big time, entrepreneur Wang Yue co-founded Chinese online and mobile gaming firm Kingnet in 2008 with just 100,000 yuan ($14.1k/£11.3k) and snapped up a 62.5% stake from one of the company's other co-founders in 2009 for a bargain $9,600 (£7.5k). Not long after, Kingnet experienced explosive growth and Wang achieved billionaire status in 2015 following a backdoor listing of the firm. In 2016 he was recorded as beingworth $1.1 billion (£879m), but a year later had dropped off Forbes’billionaire ranking. Things worsened for Wang in May last year when he was detained on suspicion of market manipulation three days after resigning as chair of Kingnet.

3 July 2020

The billionaires who got richest quickest revealed (6)

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Ricardo Salinas Pliego – 7 years

Ricardo Salinas Pliego’s fortune datesback to a small furniture manufacturing company founded by his great-grandfather in 1906. In 1950, the company moved into the media sphere by founding Elektro Group, and selling TVs and radios eventually led to Salina Pliego owning two Mexican TV broadcasters, as well as having his fingers in various financial services pies. Salinas Pliego had made his first billion by 1994, and today his net worth sits at $10.9billion (£8.7bn).

3 July 2020

The billionaires who got richest quickest revealed (7)

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Abigail Johnson – 7 years

As the heir to financial services firm Fidelity, Abigail Johnson was certainly born into money, but she did have to work hard to become the company’s CEO in 2014. Johnson became a billionaire in her own right in 1995 after graduating with an MBA from Harvard Business School and working full-timeat the family business as an analyst and portfolio manager. Her net worth at the time of writing stands at $15.1billion (£12bn).

3 July 2020

The billionaires who got richest quickest revealed (8)

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Yusaku Maezawa – 7 years

Yusaku Maezawa founded a mail-order CD and record company in 1998 and went on to found Japan’s largest online fashion mallZozotown in 2004. By 2005 he had made his first $1 billion and he later hit the headlines in 2017 when he splurged $110.5 million(£86m) on a 1982 Jean-Michel Basquiat painting. The business magnate stepped down as the CEO of parent company Zozo in 2019 but still has plenty to look forward to, as Elon Musk announced that he would be the first customeron the first private SpaceXvoyage to the moon.

3 July 2020

The billionaires who got richest quickest revealed (9)

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Sean Parker – 6.5 years

Computer whiz Sean Parker co-founded music file-sharing site Napster in 1999, but really struck gold when he joined fledgling social media network Facebook in 2004, helping to bankroll the firm and serving as its founding president. A shrewd move as Parker's 4% stakein the company had netted him $1 billion by 2011. Parker continues to sit on the Forbes rich list with a net worth of $2.7 billion (£2.2bn).

3 July 2020

The billionaires who got richest quickest revealed (10)

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Naruatsu Baba – 6 years

Unable to take part in sports due to a heart problem, Naruatsu Baba was a die-hard gamer at high school in Japan and turned his passion for gaming into a multi-billion-dollar business when he founded smartphone game maker Colopl in 2008. By 2014, the super-successful firm had earned its majority owner his first $1 billion, but he dropped off Forbes’ billionaires list in 2017.

3 July 2020

The billionaires who got richest quickest revealed (11)

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Sergey Brin and Larry Page – 6 years

Google has made a lot of money for a lot of people; not least for co-founders Sergey Brin and Larry Page, who established the company in 1998 and made it to billionaire status just six years later.The former President and former CEO respectively of Alphabet, the online giant’s parent company, used to only take an annual salariesof $1 (80p)before stepping down in 2019. But they remain on the board andit’s through owning large shares in the company that they make big money.Brin and Page are worth $62.7 billion (£50bn) and $64.3billion (£51.4bn) respectivelyat the time of writing.

3 July 2020

The billionaires who got richest quickest revealed (12)

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John and Patrick Collison – 6 years

Joining the ranks of the world's youngest self-made billionaires is 29-year-old Irish entrepreneur John Collison (pictured), who founded online payments company Stripe with his 31-year-old brother Patrick in 2010. The pair made their first $1 billion in November 2016, when John was only 26, after a substantial investment valued their company at $9.2 billion (£7.4bn). Stripe’s value has since soared to $35 billion (£28bn), leaving the Collison brothers each having a net worth of $3.2 billion (£2.6bn)

3 July 2020

The billionaires who got richest quickest revealed (13)

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Yoshikazu Tanaka – 6 years

Japanese computer whiz Yoshikazu Tanaka created social networking and gaming website Gree in 2003 as a hobby, but when he launched it to the public in February 2004it gained 10,000 users in just a month. By October 100,000 people were using it, all through word of mouth. Making its founder his first $1 billion in 2010, the business mushroomed into one of Japan's foremost social networking and gaming firms. While Gree still exists, it has changed its focus to mobile gaming rather than competing against social networks such as Twitter, Facebook and Instagram.

3 July 2020

The billionaires who got richest quickest revealed (14)

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Garett Camp and Travis Kalanick – 6 years

Garrett Camp and Travis Kalanick (pictured) co-founded Uber in 2009, self-funding the seed round. By the end of 2015, the taxi app was valued at a cool $62.5 billion (£50.3bn), making billionaires of its co-founders. Kalanick left the company at the end of 2019 and sold all his shares, but he is still worth an impressive $2.6 billion (£2.1bn). Meanwhile Camp has recently switched from board director to board observer of Uber, and is worth $3 billion (£2.4bn) at the time of writing.

3 July 2020

The billionaires who got richest quickest revealed (15)

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Zhang Yiming – 6 years

Zhang Yiming is the founder behind Bytedance, the parent company of this year’s most downloaded app so far:TikTok. Yiming founded Bytedance in 2012 after learning his trade in positions at travel start-up Kuxun and Microsoft, and only six years later it’s landed him a spot in the billionaire’s club. The coronavirus pandemic has led to a real boom in TikTok users and, as such, Yiming’s net worth currently stands at $16.2 billion (£13bn).

3 July 2020

The billionaires who got richest quickest revealed (16)

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Jack Dorsey – 6 years

The best-known co-creator of Twitter, Jack Dorsey helped launch the micro-messaging platform in 2006. By 2012, it had amassed 140 million users and the co-founders were crowned billionaires. Dorsey, who went on to set up mobile payments company Square, saw his net worth fall below $1 billion in 2016 when his companies’ stock slumped for a time, but he has since regained his billionaire status and has a current net worth of $6.1 billion (£4.9bn).

3 July 2020

The billionaires who got richest quickest revealed (17)

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Dustin Moskovitz – 6 years

One of the founders of Facebook, Dustin Moskovitz set up the social networking site in 2004 with Mark Zuckerberg, Eduardo Saverin and Chris Hughes. Moskovitz served as Facebook's first chief technology officer but left the company in 2008to set up project management app Asana. His 2.34% Facebook stake got him first place on Forbes’ youngest billionaires list in 2011, but his share of the company likely already gave him billionaire status in 2010. Today Moskovitz is worth $14 billion (£11.2bn).

3 July 2020

The billionaires who got richest quickest revealed (18)

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Eduardo Saverin – 6 years

Facebook co-founder Eduardo Saverin famously fell out with Mark Zuckerberg and was effectively pushed out of the company in 2005. The affair formed the central plot of 2010 movie The Social Network, although the real-life billionaires have complained about inaccuracies inthe big-screen retelling of their lives. Still, Saverin didn't do too badly in the end. The dispute landed him with a 5% stake in Facebook, giving him an estimated net value of $1.15 billion (£926m) in 2010. He has since launched a venture capitalist fund, B Capital, and today is worth $12.9 billion (£10.3bn).

3 July 2020

The billionaires who got richest quickest revealed (19)

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Lin Qi – 5 years

Lin Qi founded Youzu Interactive, a Chinese online and mobile gaming company, in 2009 and hasn't looked back. The firm's games include League of Angels, and they've been wildly successful worldwide. Lin, who owns millions of sharesin the company, joined the billionaire club in 2014 thanks to his hard work, although he did drop off only a year later.

3 July 2020

The billionaires who got richest quickest revealed (20)

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Jeff Bezos – 4 years

Jeff Bezos founded e-commerce giant Amazon in 1994 and launched the website the following year. Starting out selling books, the online shopping site went publicin 1997, and majority owner Bezosentered theForbes’ annual list of billionaires in 1999 with a net worth of $10.1 billion. Bezos is now officially the richest man in the world, and has hit the headlines after his net worth grewby almost $35 billion (£28bn) during the coronavirus pandemic, bringing his total net worth to $166.3 billion (£132.9bn) at the time of writing. Experts say Bezosis on track to be the first-ever trillionaire by 2026.

3 July 2020

The billionaires who got richest quickest revealed (21)

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Jan Koum and Brian Acton – 5 years

Whatsapp co-founders Jan Koum (pictured) and Brian Acton set up the popular mobile messaging service in 2009, and hit the jackpot in 2014 when the app was bought by Facebook for a final deal of $21.8billion (£17.5bn), the equivalent of $55 (£44) per user at the time. Both Koum and Acton were given shares in Facebook as part of the deal, catapulting them onto Forbes’ World Billionaires List just half a decade after Whatsapp was born.

3 July 2020

The billionaires who got richest quickest revealed (22)

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Mark Zuckerberg – 4 years

Formerly the youngestfastest self-made billionaire everbefore Kylie Jenner took the spot (although Forbes has since disputed her billionaire status), Mark Zuckerberg's hefty Facebook holdings made him a billionaire at the tender age of 23. Zuckerberg made his first appearance on the Forbes World Billionaires List in 2008, his then-net worth totalling $1.3 billion (£1bn). Today, the social network boss turned philanthropist is worth an astronomical $85.4 billion (£68.2bn).

3 July 2020

The billionaires who got richest quickest revealed (23)

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Colin Huang – 4 years

Colin Huang has had a meteoric rise in the billionaire stakes. Huangmade his first billion dollars in 2019, four years after launching his hugely successful e-commerce business Pinduoduo (pictured). But this yearHuang briefly took the title ofChina’s second richest person when his net worthwas estimatedat $45.4 billion (£36.3bn) by Forbes in June.Unlike many billionaires, the pandemic has done wonders for Huang’s net worth, and as sales on Pinduduo increased the ex-Googler and Microsoft intern sawhis wealth grow by $18 billion (£14.5bn) between March and May this year alone.

3 July 2020

The billionaires who got richest quickest revealed (24)

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Mark Cuban – 4 years

The owner of the Dallas Mavericks basketball team and 'shark investor' on ABC's Shark Tank show, Mark Cuban achieved a 10-figure net worth back in 1999 when he sold Broadcast.com, the internet radio company he helped to set up in 1995, to Yahoo for a very tidy $4.3 billion (£3.4bn). The basketball-loving billionaire is worth $4.3 billion (£3.5bn) at the time of writing.

3 July 2020

The billionaires who got richest quickest revealed (25)

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Li Weiwei – 4 years

Known for making money fast, Li Weiwei, the head honcho of China's Wuhu Shunrong Sanqi Interactive Entertainment Network Technology company, made his first $1 billion in 2015, just four years after he founded the online gaming firm with its rather long-winded name. Li is currently worth $2.8 billion (£2.2bn).

3 July 2020

The billionaires who got richest quickest revealed (26)

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Jerry Yang and David Filo – 4 years

Early in 1994, Stanford University students Jerry Yang and David Filo created a website called Jerry and David's Guide to the World Wide Web, which was rechristened Yahoo! later that year. The web portal went public in a frantic day of Nasdaq trading in 1996 and by 1998 it had madeits savvy co-founders billionaires.Both founders have sinced moved on to other projects. Yang founded AME Cloud Ventures, which focuses on funding data-led start-ups, andis now worth $2.4 billion (£1.9bn), while Filo is not far behind with a net worth of$2.1 billion (£1.7bn).

3 July 2020

The billionaires who got richest quickest revealed (27)

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Evan Spiegel and Bobby Murphy – 3 years

Snapchatco-founder Evan Spiegel came up with the idea for a disappearing photo sharing app during a class at Stanford University in 2011, and Snapchat was born later that year with classmates Reggie Brown and Bobby Murphy. Brownwas ousted in the early days, butSpiegel and Murphy made a success of the idea and made their first billion dollars from the app in 2014, hitting the Forbes World Billionaires list in 2015. Spiegel is currently worth$4.8 billion (£3.9bn), while Murphy has a current wealth of $5 billion (£4bn).

3 July 2020

The billionaires who got richest quickest revealed (28)

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Cheng Wei – 3 years

Ex-Alibaba executive Cheng Wei launched Didi Dache, the first incarnation of his booming taxi-hailing app Didi Chuxing, in 2012 and made his first billion in 2015. Having reached 550 million users in 2019, the business has become China's answer to Uber, even buying up the global firm's China operations in the process. Cheng himself is now worth $1.2 billion (£960m).

3 July 2020

The billionaires who got richest quickest revealed (29)

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Pierre Omidyar – 3 years

A pre-dotcom bubble billionaire, Pierre Omidyar founded eBay in 1995, and its worldwide growth has led to him having a net worth of $17.4 billion (£13.9bn). The French-born entrepreneur and philanthropist garnered billionaire status in 1998 following eBay's IPO, and served as company chairman until 2015.

3 July 2020

The billionaires who got richest quickest revealed (30)

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Eric Lefkofsky – 2.5 years

Eric Lefkofsky (pictured) and Andrew Mason co-launched Groupon in 2008, and they attained billionaire status on paper following the site's IPO just three years later when the stock price was surging. In 2012, Groupon shares plummeted, and Mason has since had to make do with mere multi-millionaire status. Lefkofsky on the other hand is still comfortably among the realms of billionaires, with a net worth of $2.7 billion (£2.2bn).

3 July 2020

The billionaires who got richest quickest revealed (31)

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Gary Winnick – 1.5 years

In 1997, financier Gary Winnick founded Global Crossing, the company that laid the first privately-funded transatlantic fibre-optic cable network, with a $15 millioninvestment. Money well spent, the investment paid off in a big way when Global Crossing went public in 1998, rewarding Winnick with a multi-billion-dollar windfall. Another victim ofthe bursting of the dotcom bubble, however, Global Crossing filed for bankruptcy in 2002, causing Winnick to tumble from the billionaire rankings.

3 July 2020

The billionaires who got richest quickest revealed (32)

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Jay Walker – 1 year

Joining the billionaire's club at breakneck speed, entrepreneur and inventor Jay Walker had a net worth of $1.8 billion in the early part of 2000, just a year after he founded discount offers website Priceline.com. Then the dotcom bubble burst. The crash hammered the Priceline.com share price and Walker found himself sitting on a fortune of just $333 million by October 2000 – a hefty sum for most but not enough to keep him in the exclusive club of the world’s richest.

Now read about the pandemic's billionaire winners and losers

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The billionaires who got richest quickest revealed (2024)

FAQs

Who became billionaire in shortest time? ›

The richest people in the world found success at various ages. Warren Buffett spent over 25 years as a millionaire before becoming a billionaire, while it took Mark Zuckerberg and Jeff Bezos less than two years to graduate to billionaire status.

Who is the No 1 richest person in world? ›

Who is the richest man in the world? As of May 1, 2023, the richest man in the world is Bernard Arnault, the CEO and chairman of LVMH of France; he's worth nearly $237 billion. He moved into the number one spot after Elon Musk's fortune fell in late 2022 as shares of electric carmaker Tesla fell.

Do millionaires keep their money in the bank? ›

High net worth investors typically keep millions of dollars or even tens of millions in cash in their bank accounts to cover bills and unexpected expenses. Their balances are often way above the $250,000 FDIC insured limit.

Who is the richest person in history with inflation? ›

His name is Mansa Musa and he was emperor of Mali, with his empire occupying a vast territory that spread from Nigeria to the coast of Senegal. According to Celebrity Net Worth magazine, Mansa Musa's wealth would be the largest in the history of mankind, if adjusted for current inflation.

Who became billionaire in 1 year? ›

Facebook CEO Mark Zuckerberg took just one year to turn from a millionaire to a billionaire, according to a study by Betway based on Forbes' data. Zuckerberg was the youngest self-made billionaire on Forbes Billionaires list when he debuted in 2008 at the age of 23.

Who is the richest female in the world? ›

T he reign of Françoise Bettencourt Meyers continues. For the third year in a row, the French heiress retains the title of the richest woman in the world, with an estimated net worth of $80.5 billion, $5.7 billion more than last year.

Who is the top 1 trillionaire? ›

The world's first trillionaires
  • Elon Musk. Current net worth: US$263 billion. ...
  • Gautam Adani. Current net worth: US$93 billion. ...
  • Zhang Yiming. Current net worth: US$59 billion. ...
  • Bernard Arnault. Current net worth: US$186 billion. ...
  • Mukesh Ambani. Current net worth: US$97 billion. ...
  • Jeff Bezos. ...
  • Larry Page. ...
  • Sergey Brin.
Jun 16, 2022

What profession has the most billionaires? ›

In broader terms, the finance and investment profession has the most millionaires. It also has the most billionaires, with 371.

How much money is suspicious to deposit? ›

A cash deposit of more than $10,000 into your bank account requires special handling. The IRS requires banks and businesses to file Form 8300, the Currency Transaction Report, if they receive cash payments over $10,000. Depositing more than $10,000 will not result in immediate questioning from authorities, however.

Do billionaires use credit cards? ›

Wealthy Americans generally use credit cards the same way that everyone else does. They opt for cash back and no annual fee cards, and generally trust the big issuers.

Where is the safest place to keep cash at home? ›

For security purposes, this money should be kept in a bolted down safe with any other valuables in the home, McCarty said. “Make sure the safe is fire and waterproof to avoid any damage. Make sure you deposit and replace the money on occasion so that the bills don't get too old.”

Are the Rockefellers still rich today? ›

John's grandson David was the oldest living billionaire at age 101 before his death in 2017; his will designated most of his wealth for charity. Today, the Rockefeller fortune is spread out among more than 70 heirs.

Who was the richest family in history? ›

MANSA MUSA. Mansa Musa (1280–1337) is often referred to as the wealthiest person in history. Even though no man could ever count his wealth, experts believe that it was as much as $400 trillion.

Who was the wealthiest man to live in modern history? ›

Here are the richest people in history:
  • Nikolai Alexandrovich Romanov (1868-1918) - $300 billion.
  • Mir Osman Ali Khan (1886-1967) - $230 billion.
  • William The Conqueror (1027-1087) - $229.5 billion.
  • Muammar Gaddafi (1942-2011) - 200 billion.
  • Henry Ford (1863-1947) – $199 billion.
  • Cornelius Vanderbilt (1794-1877) – $185 billion.
Nov 29, 2021

Who was the billionaire who never was? ›

Book details

In this bestselling book, Conor O'Clery reveals the inspiring life story of Chuck Feeney, known as the "James Bond of philanthropy." Feeney was born in Elizabeth, New Jersey, to a blue-collar Irish-American family during the Depression.

Who was the first born billionaire? ›

Consequently, Rockefeller became the country's first billionaire, with a fortune worth nearly 2% of the national economy.
...
John D. Rockefeller
BornJohn Davison RockefellerJuly 8, 1839 Richford, New York, U.S.
DiedMay 23, 1937 (aged 97) Ormond Beach, Florida, U.S.
9 more rows

Who is youngest self-made billionaire in the world? ›

Austin Russell, the 28-year-old CEO of California-based Luminar Technologies, remains the world's youngest self-made billionaire, with a net worth of US$1.2 billion, according to the Hurun Report.

Who is the youngest billionaire alive? ›

But old age is not a requirement for amassing great wealth. In fact, there are 15 people around the globe who boast a three-comma fortune despite being 30 years old or younger. The youngest of this mostly lucky bunch are Clemente Del Vecchio and Kim Jung-youn, neither of whom have hit their 20s yet.

Who made the most money in an hour? ›

Amazon honcho Jeff Bezos makes more than any person in America, raking in a whopping $4,475,885 per hour, according to an new analysis by Business Insider.
...
Earnings per hour for the richest people in America.
Jeff BezosAmazon$4,474,885
Meg WhitmanHewlett-Packard/eBay$102,739
7 more rows
Aug 27, 2018

Who is the richest man ever seen? ›

Mansa Musa or Musa I of Mali is considered one of the richest people ever. Musa was the ninth emperor of the Mali Empire, one of the prosperous Sahelian kingdoms that developed along the trans-saharan trade routes in the later medieval period.

Who is the richest white woman? ›

2021 list
No.NameBirth date
1Françoise Bettencourt Meyers10 July 1953
2Alice Walton7 October 1949
3MacKenzie Scott7 April 1970
4Julia Koch12 April 1962
6 more rows

Who was the richest woman in the Bible? ›

Lydia of Thyatira - Wikipedia.

Who is richer Oprah or Ellen? ›

Oprah Winfrey has a higher net worth than DeGeneres, clocking in at an estimated whopping $2.5 billion compared to DeGeneres' $380 million.

Who is the richest family in America? ›

The top 10 richest families in 2022 by estimated wealth are: The Walton family with $224.5 billion. The Mars family with $160 billion. The Koch family with $128.8 billion.

How tall is a stack of 1 trillion dollars in $100 dollar bills? ›

If you stacked $100 bills totaling $1 trillion on top of each other, the stack would be 631 miles high. This is what $1 trillion in spending look like. Sheriee Leticia Byers Hardin and 64 others like this.

Is Oprah a trillionaire? ›

Is Oprah a billionaire? Winfrey is a billionaire twice over! She is worth a whopping $2.6 billion.

How can you tell someone is wealthy? ›

15 Subtle Signs a Person is Wealthy. How to Tell When Someone is Rich
  1. 15) They Work for Different Reasons. Most of us work in order to make money and pay our bills, right? ...
  2. 10) They Know Privacy Beats Fame Every Time. People who have become rich really prioritize privacy. ...
  3. 6) They Know Just How to Accessorize.

What jobs pay $1 million a year? ›

The jobs of millionaires
  • Investment banker.
  • Certified public accountant.
  • Entrepreneur.
  • Day trader.
  • Real estate agent.
  • Engineer.
  • Lawyer.
  • Actuary.
Apr 14, 2023

What makes you rich? ›

Based on that figure, an annual income of $500,000 or more would make you rich. The Economic Policy Institute uses a different baseline to determine who constitutes the top 1% and the top 5%. For 2021, you're in the top 1% if you earn $819,324 or more each year.

How much cash can I withdraw from a bank before red flag? ›

Thanks to the Bank Secrecy Act, financial institutions are required to report withdrawals of $10,000 or more to the federal government. Banks are also trained to look for customers who may be trying to skirt the $10,000 threshold. For example, a withdrawal of $9,999 is also suspicious.

What is the $3000 rule? ›

Rule. The requirement that financial institutions verify and record the identity of each cash purchaser of money orders and bank, cashier's, and traveler's checks in excess of $3,000. 40 Recommendations A set of guidelines issued by the FATF to assist countries in the fight against money. laundering.

Can I withdraw $20000 from bank? ›

The amount of cash you can withdraw from a bank in a single day will depend on the bank's cash withdrawal policy. Your bank may allow you to withdraw $5,000, $10,000 or even $20,000 in cash per day. Or your daily cash withdrawal limits may be well below these amounts.

What bank do billionaires use? ›

Citi Private Bank is the private banking department of Citibank. Their services are reserved for worldly and wealthy individuals as well as their families. While eligible clients can get deposit accounts and retirement accounts as you'd find at any other bank, there are also many specialized products and services.

What is a black card limit? ›

What is the spending limit on the American Express Black Card? There is no spending limit with the Amex Black Card.

Where do billionaires keep cash? ›

Securities

Funds and stocks are the bread-and-butter of investment portfolios. Billionaires use these investments to ensure their money grows steadily. Billionaires typically hold onto these investments, instead of trying to time the market for a quick buck.

How much cash can you fly with? ›

You can fly with any amount of cash. No law prohibits you from bringing any amount of money on a flight. Likewise, TSA has no rules that limit how much money you can bring through security. In other words, TSA has no cash limit per person.

What is the best thing to do with a lump sum of money? ›

Saving with a savings account

If your lump sum is a smaller amount or you would prefer to save your money towards certain priorities, a simple savings account might be the better option for you. Cash savings are always popular with people who want to put away a lump sum and earn interest over a long period of time.

Why do people wrap money in plastic? ›

A cliche print containing bank and branch details is applied to the plastic package seal. Vacuum packing is the most reliable and effective way of storing currency, which is protected against tarnishing, e.g. from moisture and dirt. Vacuum-packed banknotes also take up less space in containers used for transportation.

Who is the fastest growing billionaire? ›

The biggest gainer by far is Gautam Adani of India, whose Adani Group encompasses a network of publicly traded companies active in power generation, cement, real estate and more. In early February 2022, Adani became the richest person in Asia and the tenth richest person in the world worth $90.1 billion.

Who is the earliest billionaire? ›

The American business magazine Forbes produces a global list of known U.S. dollar billionaires every year and updates an Internet version of this list in real-time. The American oil magnate John D. Rockefeller became the world's first confirmed U.S. dollar billionaire in 1916.

Who is the youngest fastest billionaire? ›

Kim Jung-youn is the world's youngest billionaire, according to reports.

Who is the 14 year old billionaire? ›

At 14 years old, Mia Talerico has more than $1 million to her name.

Who is the most intelligent billionaire? ›

Life lessons from Jim Simons: The 'World's Smartest Billionaire'

Which billionaire gives away the most money? ›

Lifetime Giving: $46.1 billion. Buffett is likely the biggest philanthropist of all time thanks to his quest to give away more than 99% of his fortune.

Who is the first female billionaire? ›

2021 list
No.NameBirth date
1Françoise Bettencourt Meyers10 July 1953
2Alice Walton7 October 1949
3MacKenzie Scott7 April 1970
4Julia Koch12 April 1962
6 more rows

Who is the first black billionaire? ›

Bob Johnson knows what it takes for people of color to advance to the highest level of the business world. The founder of Black Entertainment Television, Johnson became the first Black billionaire in American history in terms of personal net worth when he sold the pioneering cable network to Viacom for $3B in 2001.

Who are the 3 richest families in America? ›

The top 10 richest families in 2022 by estimated wealth are: The Walton family with $224.5 billion. The Mars family with $160 billion. The Koch family with $128.8 billion.

Who is the youngest female millionaire? ›

1. Elizabeth Holmes rose to the Silicon Valley fame after founding Theranos in 2003 at age 19.

How many billionaires are unknown? ›

And in fact, there exists yet another billionaire census, done by a research company called Wealth-X, that is considerably less so. In 2021, it counted 927 billionaires in the United States — some 203 more than Forbes did. It doesn't name any of them. Perhaps they're right about these 203 unnamed billionaires.

Who is the richest 15 year old? ›

Valentina Pinault: $7.1 Billion

At 15, Valentina Pinault is the richest teen on this list if not the world -- although her net worth is based on her parents' net worth. Not only is she the daughter of actress Salma Hayek, but her dad is Francois-Henri Pinault -- a literal billionaire.

Who is the richest girl in the world? ›

T he reign of Françoise Bettencourt Meyers continues. For the third year in a row, the French heiress retains the title of the richest woman in the world, with an estimated net worth of $80.5 billion, $5.7 billion more than last year. Bettencourt Meyers ranks as the planet's 11th wealthiest person overall, up from No.

Who is the richest 9 year old? ›

Hailing from Lagos, Nigeria, Mompha Junior, is the son of multimillionaire Nigerian internet celebrity Ismailia Mustapha, Muhammed Awal Mustapha. The young influencer boasts 29,800 followers on his Instagram account, where he posts photos of his grand lifestyle.

Are there any Trillionaires? ›

A trillion is such a huge number, followed by twelve zeros. That is one thousand times a billion (nine zeros followed by 1). Do you know that only 6 trillionaires ever lived on the face of earth? As of today, there are no trillionaires who live on earth.

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