How to become a billionaire !!!

some time ago, I saw the Forbes’ rich list. It has always been wonderful to read about the successful juntas across the world. I explored web world to find out some facts and trivias about these billionaires. I picked names of the top 200 guys, and I couldn’t stop my analytical skills to get something interesting facts that was unknown to me before

             

Facts behind Top 200 Richest People across the World

The findings are divided into 4 categories (no more, I guess)…. Educational Background, Age group, Professions, and the source of Fortune.

Education

 
I. Drop Outs

1. Total number is 17 (out of 200)
2. “Microsoft” rulez…as its 2 founders and CEO, all 3 are dropouts.
3.  6 (from17) are from “IT industry” and have founded the best companies
    of  sillicon valley, viz-a-viz, Microsoft, Dell, Apple, and Oracle.
4. After IT, 5 are in “investments” and 4 have acquaintance
    with “media/entertainment” industry.
5. 5 were dropped out after studying hign schools.
 
II. Study-Area

1)  25   —– MBA (Master of Business Administration)
2)  101 —– Bachelor’s degree (Arts/Science)
3)  9     —– Master of Science
4)  18   —– Doctorate
5)  12   —– High School
6)  1     —– Medical Doctor
 
III. Study-Location
 
1)  77 have completed their education in “United States(US)”
2)  10  —– Harvard University
3)  9    —– Stanford University
4)  5    —– Yale University
5)  4    —– Massachusetts Institute of Technology; University of Texas-Austin
6)  3    —– Columbia University; Princeton University

Age-Group

 
30-40     —–  14
40-50     —– 40*
50-60     —– 26
60-70     —– 43*
70-80     —– 39
80-90     —– 27
90+        —– 5

I. Geographic Distribution

If we pick the list of top-200 and take the countries having more than 5 billionaires in the top-200 list—

Country              Average Age     No of Billionaires(out of 200)
Russia                     46                              21
India                       56                               8
Saudi Arabia             56                               8
Canada                    58                               7
United States           65                               66
Japan                      69                                7
Germany                  70                               22
France                     71                                6
Sweden                   72                                5
Hongkong                78                                8

  • The youngest breed of billionaires came from Russia. India, Saudi Arabia, Canada, and US are successors.
  • United States(66) has the largest number of billionaires. The others in the list are Germany(22) and Russia(21)
  • The software and technology industry has the lowest average age — 53 yrs

II. Age below 50 and Professions

Total                                                   53
Software and Technology                       10
Oil/Gas                                                 8
Mining/Lumber                                       6
Manufacturing                                        4
Finance, Diversified(each)                        3
Investments, Pharmaceuticals(each)          2

Professions

 
Software & Technology       22
Retailing                          19
Manufacturing                   17
Media/Entertain                 17
Oil/Gas                            17
Finance                            15
Real Estate                      13
Investments                     12
Diversified                        12
Mining/Lumber                    9
Pharmaceuticals                  7
Food                                  6
Apparel                              5
Service                               5
Engineering/Construction      5
Beverages                          4
Gambling /Leisure               4
Shipping/Transport              3
Communications                 2

  • In the list of 21 Russian richest juntas, 9 are from Oil/Gas industry and 7 are from Mining industry
  • In the list of 22 richest juntas fro Software & Technology industry, 13 are from US and 3 are from India
Fortune

 
Self-made                         117
Inherited & Growing            43
Inherited                           40
 

  • Most self-made billionaires come from the age group of “Below 50″ —> 43

Suggestions …….. 2 become a billionaire

1.    Drop your education or make a situation to be dropped out and start a
       career  in Software/ Technology or Investments. and try to
       make  acquaintance with media industry

2.    Study in United State.

3.    Do MBA

4.    Must complete your bachelor’s degree

5.    Go to Harvard/Stanford

6.    If ur age is below 50, u have more chances; otherwise u’ll have to wait
       until 60.if crossed 80 or 90… u r having least chance

7.    Don’t stare at the records and leave the plan to move Russia.
       all young juntas made money in the 90’s

8.    Young juntas move to India, Saudi Arabia, and Canada or US.
       old juntas go to Japan, Germany, France, and Sweden.

9.    Software & Technology industry has more chances. for young juntas and
       for gonna-be-self-made-billionaire-juntas

10.   If u can find Time-machine somewhere, make sure u move to Russia,
       15 years back, and being placed in oil/gas or mining industry.

11.   Otherwise……..be dropped out after ur high schools

12.   Never go to Denmark/Colombia and start Agriculture/Chemical company.
        u’ll hv to wait until u become 90.

And take my wishes to make an entry in the list……..
Cheers!!!!!!!!!!!!!  :)

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11 Responses to “How to become a billionaire !!!”

  1. swasti Says:

    ha ha ha..so i can be 1 amongst those in d list ‘coz i satisfy atleast 1 condition ( ignore d rest)… m doin my MBA…

  2. Vineet Says:

    Software and Technology + Below 50 ( mid 20’s)..
    Just Escaped being dropped out of School and the Grad…
    Will also Try Studying in US( if i get a chance to go,..:) )
    Doing MBA ( part time)..

    Proud to be in INDIA …. 100 crore mein 1 Spl…

  3. Vineet Says:

    So i guess i stand a gud chance to replace 1 guy from the 200 listed…

  4. Djoh Says:

    Have you seen my name in the list ? It should be written, I promise !
    Hum, very interesting, thanx

  5. Maulik Says:

    Hey Ravi,

    Very interesting. Good. I satisfy 1+ conditions. Have done Engg. specially IT and also doing MBA.

  6. Florian Says:

    Hi,
    I found your blog via google by accident and have to admit that youve a really interesting blog :-)
    Just saved your feed in my reader, have a nice day :)

  7. Aleydar Husain Says:

    Just keep this name in mind , and one more things, This is only one name, you cant find this name anywhere else, Its Unique .

    Believe or not, I’m just now 20 years old and i m into my 2nd year of university in Delhi,

    Belive it or not, Before my age 26 year old, I will declared myself as a Billionaire, Amen!

  8. ravithesun Says:

    All the best buddy…
    don’t loose hope ;)

  9. manu Says:

    Very stupid analysis .. if i was you i won’t bet a cent on your analytical reasonings

  10. David Says:

    Thanks for the interesting post and thread.
    Best of luck to you all. :D


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