Connect with us

Hi, what are you looking for?

Economy

They are billionaires who only get rich in old age

They are billionaires who only get rich in old age

The press tends to focus on those who have achieved great success and become wealthy early in their lives. In addition to these, there are a large number of wealthy people who only ran when they were older. We present the billionaires who only became rich after their thirties or even later in their lives.

There are stars in this field who have entered their twenties and made amazing fortunes. Mark Zuckerberg, founder of Facebook, or Evan Spiegel, co-founder of Snapchat, became billionaires at the age of 23 and 25, respectively – in dollars.

Besides them, there are a large number of billionaires who achieved their first really big successes relatively late, after the age of 35. a optical capitalist He counted 45 individuals who, based on the available data, became wealthy only after the age of 35.

Those on the list were an average of 41 years old when they made their first major business breakthrough, with an average net worth of $10 billion.

The oldest player in the group is an Argentine businessman of Armenian descent, Eduardo Ornician. The president of Corpocácion América became a billionaire at the age of 56. Net assets are $1.3 billion.

Jack Ma, founder of Alibaba, also entered after the age of thirtySource: AFP / Imaginechina / Ni Yanqiang

However, three actors on the list are also known to the general public. One of these is Jack Ma, the co-founder of Alibaba, one of the richest people in China. The beginning of Jack Ma’s career is also interesting because he discovered the potential of the Internet in the United States and then, over time, connected Chinese companies with American programmers. In the end, he created an e-commerce giant called Alibaba, without writing a single line of code. Jack Ma made a business breakthrough at the age of 35 and currently has an estimated net worth of $48.4 billion.

See also  Putin's spokesman came with a "great inspiration".

Another popular player on the list is Amancio Ortega, the former CEO of a company called Inditex, which includes brands like Zara. The Spanish businessman made a big breakthrough at the age of 39 and now has a net worth of $77 billion. Thus, he is the third richest man in Europe.
Ortega’s success began when the first Zara store opened in 1975 and has been a successful business ever since.

Amancio Ortega was almost 40 years old when he achieved his first major commercial successSource: Agence France-Presse / Miguel Rioba

Finally, it is worth noting the name of Dietrich Mateschitz from Austria, who started his career as a marketer at Unilever and then worked for a cosmetics company called Blendax. For him, the breakthrough came at the age of forty when On a business trip to Thailand, he discovered that a local energy drink, Krating Daeng, had helped alleviate his travel exhaustion and being late.

Later, Chaelo Yoovidhya, creator of Mateschitz and Krating Daeng, spent $500,000 to make their own energy drink, which could then be exported worldwide. This is how Red Bull was born.

Dietrich Mateschitz, a Red Bull dreamer, started working at the age of 40Source: Agence France-Presse / Andrei Isaakovic

The Austrian businessman has a net worth of $29.6 billion now, making him one of the 60 richest people in the world.

So while we hear a lot about young billionaires, many of them only ran and got rich after their 30s. However, according to statistics, this is no exception, but in fact it is the most common case. According to the Census Bureau, a 35-year-old is three times more likely to start a successful business than a 22-year-old. That is, there is a lot of hope over thirty.

See also  Indicator - Economy - They wanted to hide the AstraZeneca vaccine but failed

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Top News

In a harrowing incident that has shaken the community of Lewiston, Maine, a series of shootings on Wednesday evening resulted in a tragic loss...

Top News

President Joe Biden’s abrupt departure from a speech on the U.S. economy at the White House on Monday sent a ripple of speculation and...

Top News

Given the differences in styles with next-generation consoles, the so-called “console war” between Sony and Microsoft is arguably moot. Most console players, however, will...

World

Chinese scientists have discovered a little-known type of ore containing a rare earth metal highly sought after for its superconducting properties. The ore, called...

Copyright © 2024 Campus Lately.