Fastest way to become billionaires

Fastest  way to become  billionaires 

At some point, we all have dreamt of be coming billionaire even if that wasn’t serious. I mean who wouldn’t mind having an unlimited supply of cash. In a world where we are governed by capitalism,cash is the king. But the path to becoming a billionaire is challenging. Most billionaires have worked hard for deco reach that position such as warren buffet. But here in this blog , let’s take a look at some of the people who joined the billionaire club in the shortest period possible and with absolutely minimum effort. It doesn’t sound real, but some people actually did that.

 The opportunity was presented in front of them, and they took the best advantage out of it. When you think of Facebook, the only person who comes into mind is this guy. However, if you give it a closer look, it was developed by multiple people and along the way when Facebook made it to the top and was worth billions of dollars, all those people who were involved in Facebook at an early stage instantly became billionaires. And one of those people is Eduardo Saver in.

 

If you have watched Social Network, you probably know him. When Facebook was still an idea, Mark requested him to invest 15 thousand dollars and become its first investor and first CFO. Eduardo saw the potential opportunity and jumped on the board. But these two people shared entirely different perspectives, and their relationship worsened over time. So Mark diluted his shares and kicked him out of the company a year later. Although that he was involved in facebook for such a short period of time. His tiny ownership in facebook turned him into a billionaire when the company went public. And today his net worth is over 9 billion dollars. 

But he isn’t the only one who was in the right place and at the right time. With a bachelor degree in computer science in the 1990s, you had to start an online business, because internet was just booming, so began working on a side project that he named eBay, but it grew way faster than he expected, and after 9 months, its revenue outstripped his salary, so he quit his job and decided to give it his full attention. And in less than a year, the website hosted over 800 thousand actions a day. And the company decided to go public making its founder instantly a billionaire. 

It kept growing to the point where even luxury items were sold such as supercars, private jets. In fact, in 2006, a giga-yacht was sold one Bay for 168 million dollars. The reason behind the dot-com bubble was that people didn’t understand what internet is, so they threw money at any online business without really understanding anything about it hoping to make a fortune. And Gery Win nick couldn’t let it go without taking advantage out of it. In 1997, he founded global crossing Limited. It was a telecommunication company that provided computer networking service. It was the first private company to finance underwater fiber optic cable.

 It generated so much hype around that it raised over 400 qmillion dollars when it went public and its massive valuation earned Gary Win nicks total sum of 4.5 billion dollars. ANd like many other online companies, When the dot-com bubble burst, the company crippled and soon (2002), declared bankruptcy but our hero resigned just before that with his enormous wealth. However, the fast person who became a billionaire is someone whom you never heard of - Jay Walker. Like our previews hero (Gary Win nick) he also realized that the dot-com bubble is the greatest opportunity of his life.

Although that everyone today books flight tickets and hotels online. When the internet was at its initial phase,no one thought about it except Jay Walker, who turned it into a business. He founded priceline.com, and they sold over 40K tickets within four months of launching. And in less than a year, it went public and instantly made its founder a member of a billionaire club. But, when the dot-com bubble burst, the company’sstocks dropped significantly, but by then, Walker has already cashed out and left  , the company still operates today, but it's not as big as it has once been.

CLICK TO GET MORE INFORMATION