Member-only story
The Only Two Ways to Become a Billionaire
**Join Medium here if you aren’t already a member to get access to 1,000s more articles**
Method 1: Create or Produce Something a Large Proportion of Humans will Use
When we think of ‘billionaire’ names like Jeff Bezos ($181.4 Billion), Bill Gates ($118.4B), Mark Zuckerberg ($99.1B) or Elon Musk ($104.5B) might spring to mind (for the names of all billionaires, have a look here). These are all people who have gone down the ‘classic’ route and produced something which a large proportion of humans use.
It might sound obvious to say ‘make something everyone needs and sell it’ but it’s not quite that simple, if it was the world would be full of billionaires.
Creating something everyone needs is often a very difficult thing, because most needs already have something readily available to fill them. If they didn’t, the world wouldn’t turn. It’s obvious we all need food, clean water and shelter, and if early opportunity-seizers hadn’t built houses, farms or water treatment plants, we would’ve already found other ways to fill those needs.
John D. Rockerfeller lit up the early American night with the oil lamp, and for his troubles his peak net worth was $418…
