The reason for success?: What trait did billionaires Musk, Bezos, Gates, and Buffett share in their youth?

What trait did billionaires Musk, Bezos, Gates, and Buffett share when they were young

Elon MuskThe American businessman, the founder of Tesla and SpaceX, maintained his position as the richest person in the world, and last year added $ 165 thousand million to his fortune, according to the Billionaires Index records. Bloomberg. Day by day this title is disputed with peers like Jeff Bezos, founder of Amazon, and other top billionaire entrepreneurs Bill Gates, Microsoft creator, entrepreneur and investor Warren Buffett, among other things. In this context , A circumstance that these four personalities share destroys the myth of the “self-made man”.

Much has been written about the secrets of billionaire success. They work hard, work long hours, take risks, get up before dawn. No matter how good this advice is, there are a lot of people out there who work hard and for a long time but hardly survive.‘, male posted a company Before clarifying the common point that was one of the keys to the success of these entrepreneurs.

The self-made billionaire legend’s vanity wouldn’t matter, except that it reinforces the futile belief that anyone can get rich if they work hard enough. In fact, no one works harder than a poor person with few resources.

All these great rich people came from what anyone would know as a very distinctive background or strong start: Their families already have money or political and business ties.

In this sense, Elon Musk’s father was the owner of a profitable emerald mine and a wealthy real estate developer in South Africa. Additionally, Jeff Bezos’ parents gave him $300,000 to start his business. While Bill Gates’ parents were wealthy people with strong connections to IBM. For his part, Buffett’s father was a very successful investor and a four-time congressman.

Elon Musk, the American businessman behind Tesla, is still the richest person on the planet, and last year he added $165,000 million to his fortune.
Elon Musk, the American businessman behind Tesla, is still the richest person on the planet, and last year he added $165,000 million to his fortune.

These guys obviously played their cards well, but they had a pretty strong hand at first and were lucky when they played new cards, probably because the deck they were playing with was already stacked in their favour.‘, he pointed to the publication of a company after reviewing.

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In this way, this characteristic shared by Musk, Bezos, Gates, and Buffett allows us to realize that the “self-made” man is not an accurate description in these cases.

I claimed INC That Elon Musk’s father owned a profitable emerald mine and was a wealthy real estate developer in South Africa. He also explained that Jeff Bezos’ parents gave him $300,000 to start his own business. While Bill Gates’ parents were wealthy and had strong connections to IBM, Buffett’s father was a highly successful investor and four-time congressman.

“The ego of the self-made billionaire legend will not matter, except that it reinforces the futile belief that a person can become rich if he works hard enough. In fact, no one works harder than a poor person with few resources,” the post asked.

In this sense, he also draws criticism by saying that myths of “self-made” men also encourage people to believe that billionaires “deserve” more money than they can spend and enjoy tax laws that ensure their wealth continues to rise, while “14 million children in America without food”.

Amazon founder Jeff Bezos takes second place in the ranking with a net worth of $193,000 million US Dollars (EFE/Blue Origin)
Amazon founder Jeff Bezos takes second place in the ranking with a net worth of $193,000 million US Dollars (EFE/Blue Origin)

Look, entrepreneurship is great, but it’s not a solution to poverty. Entrepreneurship is a way forward for those of us who are fortunate enough to have training that can provide support to develop the skills and capital needed to start a business.‘ He rose. ‘Are there very poor people who have succeeded and are even rich?’ he asked. Sure, but these examples are by definition exceptional.”

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In this context, he concludes by thinking about it: “If you are a successful entrepreneur, be proud of your accomplishments, but don’t turn your success into a club that beats the less fortunate. It’s not a good look. It makes you look young and mean. And stop the do-it-yourself myth.” Silly and you know it.”

Gates and Buffet, a few years ago (Associated Press)
Gates and Buffet, a few years ago (Associated Press)

List of the 10 richest men in the world

Besides their histories and ancestors, these entrepreneurs have been able to maintain and expand their fortunes while continuing to innovate. Elon Musk, the American businessman behind Tesla and SpaceX, remains the richest person on the planet, adding $165 billion to his fortune last year, according to records. Billionaires Index Bloomberg.

The platform was completed by the American Jeff BezosAnd Founder amazon, In second place in the ranking, with a net worth of $193,000 million, and a French businessman Bernard Arn, the owner of the most famous luxury brands, hotel chains, and even the legendary Orient Express, is in third place with $ 169,000 million in his pockets.

appears behind Bill Gates (Microsoft) With an estimated fortune of 136,000 million US dollars. then the number Larry Page (Google), which raises $128,000 million and added $45,200 million this year. they follow Mark Zuckerberg, Founder Facebook social networking site (Today dead), With fortune of 123,000 million US dollars; Sergey Brin (Google), Who is the He owns 123,000 million US dollars; Steve Ballmer (Microsoft, Los Angeles Clippers), amounting to 117,000 million US dollars; Larry Ellison (Founder of Oracle), With an amount of 115.000 million US dollars, the tenth place is occupied by the entrepreneur and investor Warren Buffett, amounting to 104,000 million US dollars.

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Freddie Dawson

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