- Personal Finance
Forbes Announced Billionaires of the World for 2008
Yesterday as Forbes announced the new top Billionaires of the World for 2008, some questions came to my mind, so I thought I would ask my HUB friends what they thought.
What does it really take to be a "Billionaire"?
Warren Buffett Billionaire
Warren Buffet passes up Bill Gates in the scale of billionaires.
By the way, the top Billionaire is Warren Buffett, investor and friend of Bill Gates. Which brings up the next question, I asked myself. Do you think Bill Gates is jealous of the success of his friend? How do you think the competition level is when you are all billionaires?
- Listing the world’s billionaires - Forbes.com - MSNBC.com
It has been a busy year for Forbes' team of fortune hunters. Strong equity markets combined with rising real estate values and commodity prices pushed up fortunes from Mumbai to Madrid.
In case you were wondering here are the next billionaires that make up the top twenty. But if your not number one, does it really matter?
2. Helú Slim & Family
3. William Gates III
4. Lakshmi Mittal
5. Mukesh Ambani
6. Anil Ambani
7. Ingvar Kamprad & Family
8. KP Singh
9. Oleg Deripaska
10. Karl Albrecht
12. Sheldon Adelson
13. Bernard Arnault
14. Lawrence Ellison
15. Roman Abramovich
16. Theo Albrecht
17. Liliane Bettencourt
18. Alexei Mordashov
19. Prince Alwaleed Bin Talal Alsaud
20. Mikhail Fridman
Millions or Billions, what is the difference in the scheme of thing?
Now a mere millionaire, or even scoring a few hundred thousand in today's market, that is really not that big of a deal anymore, right? I mean, just think how fast you could spend a million dollars? It is required now that to be rich you simply must be a billionaire. So for my first question...
What would you spend a billion dollars on if you had it?
Give us your answer but keep reading.... there is more to this Hub after the comment box... so don't stop with it!
Hubs with answers.
What does a Billionaire actually do?
A Billionaire must be a very impressive businessman to have had made that much money, agreed? I know that we have several HUBS showing us how to make a million on the internet, but how about a billion dollars? What kind of business would give a person that much income?
I promise, I won't steal your ideas. : )
If you could start any business in the world, how would you plan on making a billion dollars? How would you become the next billionaire?
Sorry for the bad footage, but I had to play the original... Takin' Care of Business- BTO
Faith with works makes a billionaire?
According to Forbes, "Self-made billionaires don't dominate industries-they transform them and spawn new ones. That takes more than intelligence, courage and luck. It takes divine-like vision."
With that in mind, would you say that a becoming a billionaire is a gift from God? Assuming that you believe in a supreme being, would you not equate divine- with Godlike.
Forbes also stated that, "To crack the $1 billion barrier, you need total, unwavering belief in your vision-and an immutable will to pull it off." I guess that would take a great deal of faith in something and the ability to work towards a desired goal to actually become a billionaire.
Show me the money!
Risk taker, agressive, problem solver... qualities of success for a billionaire.
A Billionaire is a risk taker and a problem solver. A billionaire is willing to make hard decisions, even if it means crushing the little guy. I guess I would call that somewhat "ruthless" wouldn't you? Or is that simply having good billionaire "business sense"?
What do you think? Ruthless or good billionaire businessman?
Are you willing to spend that much time to become a billionaire?
Forbes also states, "For entrepreneurs who prize their independence, ask yourselves how much of it you're willing to give up. As the demands mount, both your schedule and decisions become less your own; worse, you may have investors and board members to appease."
So does that mean that your time is no longer your own when you are a billionaire? Do you have to become just one gigantic billioniare "butt kisser"?