Saturday, March 8, 2008

How To Be A Billionaire!

In a follow-up to the latest list of billionaires, Maureen Farrell asks us "Are You Born To Be A Billionaire?"

Some of her findings:

1. Billionaires are revolutionaries - they transform industries or start new ones.
2. They anticipate future fields - seeing spaces that no one else sees.
3. They have an Unwavering belief in vision--and an immutable will to pull it off.
4. They have a deep passion and a point of view about the future.
5. They believe that they have a better way to solve a set of problems than how they're being solved now.
6. They have a seemingly ravenous appetite for risk.

You have ALL THAT?

Good! But, before rushing into an action plan to catapult yourself to The Billionaire Club, ask yourself some fundamental questions listed by executive psychologist Debra Condren (who has worked with brands like 3M, Chevron and Hewlett-Packard) in the same article.

Also , see some billionaires share their "Secrets Of The Self-Made".

Some statistics on the latest members of The Billionaire Club:

Total number of billionaires: 1,125

Country having the largest of billionaires
: United States of American [ 42% ], # 2 is Russia -87, # 3 is Germany, with 59

Total number of billionaires in Top Ten from a single country:
4 from India - #4 Lakshmi Mittal, #5 Mukesh Ambani, #6 Anil Ambani, #8 KP Singh [famous for DLF
City in Gurgaon].

The total net worth of the group
: $4.4 trillion

Noteworthy Entrants
: Patrice Motsepe (South Africa) and Aliko Dangote (Nigeria, also first in country), the first black Africans to enter this list.

Number of billionaires under the Age 40
: 50. 34 of these have built their billions from scratch, including Google co-founders Sergey Brin and Larry Page; former
Enron trader John Arnold and India's Sameer Gehlaut, founder of online brokerage Indiabulls.

The youngest self-made billionaire in history: Mark Zuckerberg, age 23 [Founder Facebook]

Total newcomers: 226

View The Complete List.

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