Greatest Entrepreneurs of the 20th Century
Summary
Ultimate Fact Presents the Top 10 Greatest Entrepreneurs of the 20th Century. They did not live for themselves. They lived to shape the world through their entrepreneurial They are the key pioneers of the word entrepreneur. Their intellect made human […]
Ultimate Fact Presents the Top 10 Greatest Entrepreneurs of the 20th Century. They did not live for themselves. They lived to shape the world through their entrepreneurial They are the key pioneers of the word entrepreneur. Their intellect made human life easier and advanced. They are not only famous but also the greatest entrepreneurs and blessings for mankind of all times. Here are the top 10 famous entrepreneurs of the 20th century who will be unforgettable.
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Elon Musk:
He, known as the real-life Tony Stark, runs a private space travel corporation, the world’s leading electric car company. It is none other than Elon Musk, CEO and product architect of Tesla Motors and founder of Space Exploration Technologies. He was born on June 28, 1971, in Pretoria, South Africa.
Musk unveiled a concept for a high-speed transportation system called HyperLoop. Tesla acquired Solar City for $2.6 billion. In 1983, he taught himself computer programming and, at age 12, sold the code for a basic-based video game he created called Blaster for approximately $500.
In 1995, he started Zip2, a web software company that was renamed PayPal in 2001. In 2002, PayPal was acquired by eBay for $1.5 billion in stock, of which Musk received $165 million. In 1999, Musk co-founded x.com, an online financial services and e-mail payment company, with $10 million from the sale of Zip2. In 2015 Musk announced the creation of OpenAI.
Despite a net worth currently hovering around $45.2 billion, Musk has never taken a paycheck from Tesla, refusing his $56,000 minimum salary every year. Musk foundation, with at least $257 million donated to date. He is an altruist whose philanthropy reaches to clean water, disaster relief, and sustainability innovations of all kinds.
Michael Bloomberg:
The former New York City mayor has a net worth of $64.2 billion, according to Forbes, making him the richest person to ever run for president in US history. Michael Bloomberg is one of eight democratic candidates still running for president in 2020 and the richest person in New York and the 12th richest person in America. Born in 1942 in Boston, Massachusetts, the son of a bookkeeper.
After graduating from Johns Hopkins with an electrical engineering degree and earning an MBA from Harvard, he went to work on Wall Street. He landed a job at Salomon Brothers in New York City, where he spent countless hours counting out stocks and bonds in the bank’s vault. His starting salary was $9,000 a year. After leaving Salomon, Bloomberg used part of his severance to start his own business, a financial information technology company now known as Bloomberg LP. Bloomberg LP became widely successful throughout the 80s and was worth $2 billion by 1989.
He has donated $8 billion to charitable causes. His major campaign issues are stricter gun laws and the fight against climate change.
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Jeff Bezos:
CEO of Amazon, most people know him today as one of the world’s richest men, worth $86.7 billion.
Bezos completed his college years at Princeton University. He was raised by his mother, Jacklyn, who had him at age 17, in conjunction with a Cuban immigrant who adopted him. The marriage between his biological parents didn’t last long. Though born in Albuquerque, New Mexico, he later moved to Miami, Florida, where he continued to perform astoundingly well, earning various scholarships and recognition.
Bezos founded Amazon at the age of 30. In the midst of the internet revolution, he quit his job and decided to go for his idea, using his parents’s personal funding. His then start-up worked from inside his own garage. Within two months, sales hit as much as 20,000 dollars per week. This was in 1994. Within 5 years, Bezos was honored with Time magazine’s ‘person of the year’ title for popularizing online shopping.
In 2000, Bezos also founded Blue Origin, a human spaceflight startup company, due to his own interest in the topic of space travel. In 2015, Bezos saw success when a spaceflight vehicle made it into space.
Bezos is not just a businessman, but he’s a true leader and an inspiration for many young entrepreneurs across the world.
Kim Kardashian:
If she’s not an actress, a singer, or a socialite, then what exactly was it that made Kim Kardashian famous in the first place? One answer, and that is she wanted to become a celebrity, so she made it happen. Kim Kardashian is a reality television star, mobile gaming mogul, social media aficionado, and emoji sensation. Millions of Twitter fans eagerly await her every cyber utterance.
Kim Kardashian first gained notoriety after a sex tape she made with a former boyfriend and rapper named Ray J got leaked to the public. At this time, Kim was also hanging out with socialite Paris Hilton, which earned her the attention of the paparazzi too.
It’s easy enough to dismiss Kim Kardashian as a fame-hungry, slightly silly person who just enjoys taking selfies. But there’s plenty of good things she does, too. For one, her curvaceous body type flew in the face of the super thin look that was so popular for decades before. Her message of body positivity helps women all over the country feel better about their own curvy frames.
Kim Kardashian’s net worth is around $350 million these days. She runs over 23 charities. She was named one of TIME’s most influential people in 2015 and remains the sixth most followed person on Instagram with 128.7 million followers.
Bill Gates:
From Netflix’s Inside Bill’s Brain to our thoughts, his excellence is everywhere! Entrepreneur, programmer, investor, and philanthropist. He founded Microsoft, which is the number one software company in the world. In 2015, the revenue was $110.4 billion. That you may know. Did you know?
Despite his immense wealth, Gates says his kids will only inherit $10 million each.
As a young teenager at Lakeside Prep School, Gates wrote his first computer program on a General Electric computer. Once his school realized Gates’ proclivities for coding, they let him write the school’s computer program for scheduling students in classes.
Bill Gates, who was a college dropout, is the second richest man on earth with a net worth of $100.6 billion. He was the CEO of Microsoft until January 2000. He focuses a lot of his time on the Bill & Melinda Gates foundation. That is why he has taken a less demanding role at Microsoft so that he can focus more on philanthropy. He is still giving a lot to the world with his entrepreneurship.
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Steve Jobs:
Steven Paul Jobs was an American inventor, designer, and entrepreneur who was the co-founder, chief executive, and chairman of Apple Computer. Apple’s revolutionary products, which include the iPod, iPhone, and iPad, are now seen as dictating the evolution of modern technology. On August 2, 2018, Apple made history by becoming the world’s first $1 trillion company.
Jobs’ youth was riddled with frustrations over formal schooling. He attended Cupertino junior high and Homestead high school in Cupertino, California. During the following years, Jobs met Bill Fernandez and Steve Wozniak, a computer geek kid. He continued auditing classes at reed while sleeping on the floor in friends’ dorm rooms, returning coke bottles for food money, and getting weekly free meals at the local Hare Krishna temple.
In 1976, Jobs founded Apple Computer in the garage of his parents in order to sell it. Steve Jobs has been our generation’s quintessential entrepreneur. Visionary. Inspiring. Brilliant.
Warren Buffet:
At a young age, he was already trained by his father, Howard Buffet, then a stock broker, about how important it is to be a good investor.
Even before he reached the age of 20, Warren had already been seeing himself as an entrepreneur, purchasing stocks and selling them when the prices got higher. Soon, his investment portfolio grew, and he was making a lot of money purchasing and selling stocks. He began purchasing stocks from Berkshire Hathaway and became CEO. The net income of this corporation as of 2006 is over $11 billion.
One of the most basic tenets of wisdom followed by him is that, if you want to end up with high dividend stocks, all you have to do is wait. Waiting means that you monitor such stocks, observe if they become priced at a lower value than their actual value, and buy them. Pretty soon, the prices of these stocks will equal or even surpass their actual value, so you end up with a lot of high dividend stocks, which you bought for a low price.
Though it sounds very simple, keep in mind that Warren Buffet spent so many years of hard work to achieve his current status today.
Walt Disney:
He used to sell newspapers in the morning. As he grew older, his dream to become an artist got stronger. So, he started making his own cartoon animations in his backyard and made his own company overtime. But after the failure of his cartoon series, the company went bankrupt, and he dropped to extreme poverty; he even had no money for clothes or food.
With $20, Walt headed to Hollywood to start over again. He made a new studio again in an old garage and came up with an idea that could change his life. The cartoon character, which he named Mickey Mouse. But the distributors rejected his idea. He still believed in his idea and made two back-to-back cartoon films. Even then, the theater owners had no interest in screening them. Disney struggled for years in debt.
Finally, after the screening of Mickey Mouse, which showed tremendous response, it became the icon of success. The biggest names in the entertainment industry of all time already have 32 Academy Awards.
Mukesh Ambani:
Mukesh Ambani is an Indian businesstycoon. He is the richest person in India and is considered to be one of the world’s most powerful personalities. His brilliance and success can be evaluated from the fact that his company is currently India’s most valuable company in terms of market value.
His vision resulted in the formation of the world’s largest grassroots petroleum refinery at Jamnagar, India. The refinery is integrated with petrochemicals, power generation, port, and related infrastructure.
One of his most notable works is the establishment of ‘Reliance Communications Limited,’ one of the largest and most complex information and communications technology initiatives in the world.
His company, ‘Reliance Jio Infocomm Limited’, became one of the pioneers in bringing the 4G network to India. The company also provides free Wi-Fi hotspot services, which have been set up across cities all over India.
According to the US-based news agency Bloomberg’s ‘Robin Hood Index’ in 2018, Ambani’s personal wealth can help in running the Indian Federal Government for 20 days.
He has created great wealth not just for his family but also for thousands of his shareholders and employees. He is a living legend among the business community of India and serves as an inspiration to millions of people around the world.
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Larry Page:
Page was interested in exploring the mathematical properties of the World Wide Web, and his tutor encouraged him to pursue this as the topic of his thesis. That was the start.
In order to do this, he created a web crawler called Backrub that was designed to examine the 10 million pages and innumerable additional documents that made up the web at that time. Page initiated the research project by himself, realizing that this technology could be used to create a search engine that would outstrip all other offerings available at the time. The product Google has since become the most popular search engine.
He has been paid an annual salary of only $1 every year since the company went public as a practice of limiting the top executive’s salary. We are being benefited till today through his work.
Who is your favorite entrepreneur? Don’t forget to let us know in the comment box below.