How to earn
1 Billion In A Year
What's the Fastest Way to Make $1 Billion?
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what's the fastest way that you can make
one billion dollars
well you could inherit it yep i think
that's the fastest way
wait wait wait while that's the real
answer to the question
that's probably not what you were after
when you clicked on this video
what you're probably after is the answer
to the fastest way that you
can make 1 billion dollars that answer
is
far more complicated and the truth of
the matter is that it's likely
impossible the easiest answer to how you
could make 1 billion dollars other than
inheriting it
is simply winning it in 2016 the
powerball jackpot in the u.s was 1.586
billion
that's the largest lottery jackpot ever
and while current lottery jackpots are
just a fraction of that
it's likely that it will be beaten by a
future lottery at some point in time
now even with a lottery jackpot that
large
the prize had to be split between three
different people
and with three winners each took away
533 million before taxes
even winning the largest jackpot in
history
isn't enough to make you a billionaire
but it is enough
to get you close now let's back up for a
moment
how many billionaires are there actually
in the world
right now the answer to that question
appears to be about 2825
that's an incredibly tiny number when
you consider that there are currently
46.8 million millionaires in the world
a far more achievable goal considering
that the world population is 7.8 billion
that means you have a .000
362 percent chance of becoming a
billionaire based on current statistics
for reference you have a 0.004
chance of being struck by an asteroid
and dying
so when you put it that way becoming a
billionaire seems
pretty likely but back to the question
at hand
maybe we can find the answer if we
observe how the current array of
billionaires made their money
the largest percentage roughly 14
percent of the world's billionaires made
their money through investing
in finance this is how warren buffett
the third richest man in the world
made his fortune roughly 11 percent of
the world's billionaires made their
money riding the fashion and retail
industry to the top
the walton family the founders of
walmart made their billions by becoming
one of the largest retailers in the
world
but we can't talk about retail without
mentioning jeff bezos
bezos the founder of amazon became a
billionaire first in 1999
what seems like an eternity ago now he
was 35 at the time and it took him just
five years since the founding of amazon
that nearly breaks the record but
there's two men who became billionaires
faster and sooner
than anyone else mark zuckerberg is one
of those men
at the age of 23 mark zuckerberg became
one of the fastest billionaires ever
it took him just one year to go from 1
million to 1 billion
however it took him in reality four
years to become a billionaire since the
founding of facebook
which is close to the current record but
if you do measure from the start of a
business to
actually becoming a billionaire the
record is held by ebay founder pierre
omidyar
who accomplished the task in just three
years
the average billionaire on the other
hand takes 21 years to amass their
fortunes
from their start in the business world
which is actually not that long if you
really stop and think about it
however examining the top spots for
fastest to 1 billion
mark pierre and jeff the real answer
becomes
clear start an internet commerce
business
jeff bezos and pierre omidyar made their
billions through creating a site where
goods were bought and sold online
mark on the other hand made his billions
in a similar fashion
creating an e-commerce site where the
goods being bought and sold were access
to users data
and the buyers were advertisers that of
course being the social media network
facebook so it seems like the fastest
way for you to make one billion
is to create an internet company at
least in the current
day and age the real answer is that
these new billionaires
rode the wave of new technology while
it's probably not too late to become a
billionaire through an internet company
today
the world's next billionaires will
likely come through riding the waves of
the next
new industry whether that be space
mining cryptocurrency
robotics whatever it may be so
the fastest way to make a billion is to
start your own company and drive it to
being the best place to do business for
your
industry a task that's easier said
than done
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