How To Become A Billionaire In The 21st Century Based On Real Data | by Vini Stringhini | December 2023

The total net worth of each rich person on the list is estimated based on their documented assets. Members of royalty and dictators whose wealth derives from their positions are excluded from this list.

A record 2,640 people were on the list in 2023/24. The planet’s billionaires are now worth $12.2 trillion.

To better understand how rare it is to be a billionaire, there are 8.1 billion people in the entire world, so the chance of a random person becoming a billionaire is roughly 0.000032%.

This compares to 0.08% for one who becomes a professional athlete. And 2% to become a professional actor/actress (you can make a living as an actor/actress, but you don’t necessarily make a lot of money).

Yes, becoming a billionaire is rare.

An Oxfam report noted that someone who saved $10,000 a day from building the pyramids of Egypt would still be 80% less wealthy than the five richest billionaires in the world. And much poorer than the richest man today, Bernard Arnault.

Here are the main commonalities I learned from studying this list and reading the autobiographies of some of the richest people in the world.

PS: If you’d rather watch a video than read, scroll down to the bottom of this post to find our summary video.

If you want to become a billionaire, the great news is that there are a wide variety of industries you can pursue that will get you on your way.

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