Everybody wants to become a millionaire or billionaire. But there’s a vast difference between being a millionaire and a billionaire. One day, if your net worth exceeds 8.3 Crore, you will become a millionaire. Do you know how much money is needed to become a billionaire? The day your net worth exceeds Rs. 8,300 Crore, that day you’ll become a billionaire. Today we’ll learn 10 Interesting Facts about Billionaires.
How many billionaires are there in the world?
Today, there are over 800 crores people in the world. But how many billionaires are there? Just 3,279. That means only 4 billionaires are made among 1 crore people. People often say, “Son, you’re one in a million.” Actually, billionaires are one in a crore.
How much money do these people have?
You’ll be astonished to hear how much money these 3,270 billionaires have. The total GDP of the world is $100 trillion. The GDP of the USA is $28 trillion, China’s is $18 trillion, and India’s is $4 trillion. But these 3,279 billionaires have more than $15 trillion combined. This means, excluding the USA and China, these billionaires collectively have more money than the GDP of any country. They have four times the GDP of India. Most interestingly, a few individuals possess 15% of the world’s wealth.
Now, would you like to know how many billionaires there are in India? There are 271 billionaires in India. That means only 2 billionaires are made among 1 crore people in India.
How many billionaires are made in a year?
If sometimes you think, “I’ll be the next billionaire,” let’s find out how many billionaires are made in a year. In 2013, there were 1,453 billionaires with a combined wealth of $5.5 trillion. Today, there are 3,279 billionaires with a combined wealth of $15 trillion. We all know that the toughest examination in the world is the Indian Civil Service examination, where out of 140 crore people, less than 100 become IAS officers every year. But the real biggest task in the universe is becoming a billionaire. In the past year, only 167 billionaires were made among 800 crore people. On average, around 150 billionaires are made every year.
Where do billionaires live?
Does living in a certain country or city increase or decrease the probability of becoming a billionaire? 90% of the world’s billionaires live in the top 20 countries. Almost half of the world’s billionaires live in China and the USA. 8% of billionaires live in India. Would you like to know which city has the most billionaires? 37% of the world’s billionaires live in the top 20 cities. New York is the Billionaire Capital of the world, with 119 billionaires. London has 97, Mumbai has 92, and Delhi has 57 billionaires. Mumbai has surpassed Beijing to become Asia’s Billionaire capital.
What is the right age to become a billionaire?
Does becoming a billionaire depend on your age? Is this the right age to become a billionaire? Let’s find out. Clemente Del Vecchio, aged 19, is the youngest billionaire. He inherited a 12.5% stake in his father’s company. Ryan Breslow, co-founder and chairman of Bolt, is the youngest self-made billionaire in the world, at the age of 29, with $1.3 billion. There are 93 billionaires in the world aged equal to or less than 40 years. Most interestingly, the average age of billionaires is 66 years old.
How many billionaires are made from their fathers’ wealth?
You must have heard a lot about nepotism in Bollywood. But nepotism is mostly visible in the business world. 33% of total billionaires inherited their wealth. In addition to that, 118 billionaires are from the fourth generation or beyond. Last year, 39 billionaires passed away, leaving $284 billion in inheritance for their families. But don’t be disappointed, 67% of billionaires are self-made. So you can also become the next billionaire.
Can women become billionaires?
There are 337 women billionaires in the world. 218 of them are self-made women billionaires. China has the most self-made women billionaires. Francoise Bettencourt Meyers of L’Oreal is the richest woman in the world with $91 billion. Diane Hendricks of ABC Supply is the richest self-made woman in the world with $22 billion. Let me know in the comment box: who is the richest woman in India? Who can forget the famous dialogue from the movie Dangal: “Our girls are no less than boys!”
Which industry produces the most billionaires?
Are you thinking about which industry is right for becoming a billionaire? Let’s find out, the top 10 industries where the most billionaires are made. 71% of billionaires come from these top 10 industries: Financial Services, Consumer Goods, Food & Beverages, Real Estate, Retail, Media & Entertainment, Healthcare, Investments, Software & Services, and Industrial Products. 10.1% of billionaires are from the Financial Services industry. Michael Bloomberg of Bloomberg is the richest person in this industry. 8% of billionaires are from the Consumer Goods industry. Bernard Arnault of Louis Vuitton is the richest person. 7.3% of billionaires are from the Food & Beverages industry. Zhong Shanshan of Nongfu Spring is the richest person.
You must also want to know about India’s top industry! India’s top 3 industries are Pharmaceuticals with 39 billionaires, Automobile & Auto Components with 27 billionaires, and Chemicals with 24 billionaires.
Do you know any billionaire actors: from Hollywood or Bollywood? Do you know any billionaire footballers? Do you know any billionaire cricketers? Maybe not! If you know, let me know in the comment box.
Where does India stand in comparison to the USA and China in the billionaire competition?
We already know that half of the world’s billionaires live in China and the USA. India has a long way to go in the Billionaire Competition. There are 814 billionaires in China, 800 in the USA, and 271 in India. New York is the Billionaire Capital of the world, and Mumbai has overtaken Beijing to become Asia’s Billionaire Capital. The USA leads the Top 100 Billionaire List with 40 billionaires. China has 15, and India has 5 billionaires in the Top 100. China has 178, the USA has 113, and India has 19 women billionaires.
Top 10 Billionaires in the World:
Elon Musk of Tesla is the richest person with $231 billion.
Jeff Bezos of Amazon is the second richest person with $185 billion.
Bernard Arnault of Louis Vuitton is the third richest person with $175 billion.
Top 10 Billionaires in India:
Mukesh Ambani of Reliance Industries is the richest person in India with Rs. 8.08 lakh crore.
Gautam Adani of Adani Group is the second richest person in India with Rs. 4.75 lakh crore.
Cyrus Poonawala of Poonawala Group is the third richest person in India with Rs. 2.78 lakh crore.
