These names are not new to us, nor is their legacy, but how long exactly did it take these billionaires to make their money? There are 735 US billionaires, let’s see how long it took 10 of them to join the club.
Larry Page
We probably use his creation every day, Google, which hit the world by storm in 1998. With every search, Larry’s creation and worth grew more and more. Larry officially reached billionaire status 6 years after in 2004.
Dustin Moskovitz
Though not the well-known face of Facebook, Dustin Moskovitz also helped create the famous social platform. Dustin eventually left Facebook to start his own company but is still good friends with Zuckerberg. After 7 years he made the list of billionaires in 2011.
Brian Chesky
The creator of AirBNB and who completely shook up the travel stays industry. With unique stays around the world, it’s no wonder this idea took off. Brian Chesky started his business in 2008 and hit the billions 6 years later in 2014.
Bill Gates
We’re sure this is a name everyone will recognize, with one of the most powerful and well-known computer software. You might be surprised that it took him 12 years before he officially became a billionaire, though!
Judy Love
If you’re a road trip kinda person, then you have definitely seen Love’s Travel Stops. Judy Love first started the iconic pit stop in 1964 and surpassed $1 billion 49 years later.
Warren Buffet
Warren Buffet has always been known for his amazing investments, in fact, that’s exactly how he got his wealth. The Buffett Partnership which he started in 1956 investing in other businesses took 30 years to make him a billionaire.
Daniel Gilbert
Daniel Gilbert is the face behind rocket mortgage, a mortgage company used by many. While the average home loan is 30 years, it only took Daniel 22 to break into the billionaire’s circle.
Elon Musk
Elon has more businesses than we can count, between PayPal, Space X, Tesla, and now Twitter (aka X) it might come as a surprise how long it took him to become a billionaire. It took 17 years before Elon officially got the title of billionaire in 2012.
Mark Zuckerberg
We mentioned Mark Zuckerbergs’ partner earlier on in this list, however, we can’t go without mentioning the face behind Facebook. From starting in 2004 it only took Mark 4 short years to gain the billionaire status.
Jeff Bezos
Amazon is known around the world as the number one e-commerce brand. The mastermind behind Amazon and everything it has to offer is Jeff Bezos, but we didn’t have to tell you that. Having started in 1994, it only took him 4 years to become a billionaire in 1998.
According to Forbes’ 2023 “World’s Billionaires List”, the US houses the most billionaires globally – 735. By examining the net worth of the 50 richest self-made US billionaires, the team at SuperCasinoSites estimated the average time it took them to earn a billion dollars is 21 ½ years.
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Inflation has been cooling, unemployment rates are historically low, and wages have been rising, but that doesn’t mean the economic outlook is rosy everywhere and for everyone.
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Hi! I am a millennial mom with a passion for personal finance. I have always been “into” personal finance but got inspired to start my blog after a period of extended unemployment. That experience really changed the way I viewed my relationship with money and the importance of accessible personal finance education.