Jay Walker – 1 year
Jay Walker is one of the most famous inventors of modern times with over 700 unique patents to his name.
Entrepreneur and inventor Jay Walker joined the billionaires club at breakneck speed and had a net worth of $1.8 billion in early 2000, just a year after he founded the discount service website Priceline.com.
However, the bursting of the dotcom bubble (a high-tech stock market bubble) hit Priceline.com’s stock price, causing the billionaire’s fortune to plummet to just $333 million in May. 10 years 2000. This is not a small number, but it is not enough to keep Jay Walker in the power club of the richest people in the world.
Gary Winnick – 1,5 years
In 1997, financier Gary Winnick founded Global Crossing, the company that built the first privately funded transatlantic fiber optic cable network with an investment of up to $15 million. And then the investment paid off when Global Crossing went public in 1998, bringing Winnick a billion dollars in revenue.
However, this billionaire was also a victim of the bursting of the dotcom bubble, Global Crossing filed for bankruptcy in 2002, knocking Winnick out of the world’s billionaire rankings.
Eric Lefkofsky – 2.5 years
Eric Lefkofsky founded several companies before co-founding Groupon in 2008 with Andrew Mason. The two quickly rose to billionaire status when Groupon first went public just three years later and stock prices skyrocketed.
However, in 2012, Groupon’s shares plummeted, moving Mason from a wealthy billionaire to a multi-millionaire. Meanwhile, Lefkofsky is still holding onto his billionaire seat with a net worth of $2.7 billion.
Cheng Wei – 3 years
In 2012, Cheng Wei, former CEO of Alibaba, launched Didi Dache, the predecessor of the taxi app Didi Chuxing. Thanks to this app, he made his first billion dollars in 2015.
In 2019, Didi Dache reached 550 million users and is considered the Uber of China. In fact, this company acquired all of Uber’s assets and operations in China. In 2020, Cheng Wei will own a fortune of $1.2 billion.
Mark Zuckerberg – 4 years
Mark Zuckerberg was the youngest and fastest self-made billionaire ever before Kylie Jenner took over. The number of shares of Facebook made Mark Zuckerberg a billionaire at the age of 23.
Zuckerberg first appeared on the list of the world’s billionaires in 2008, the CEO’s total net worth at the time was $1.3 billion (£1 billion). As of 2020, the owner of the social network Facebook has become a major philanthropist with a huge fortune of USD 85.4 billion.
Jeff Bezos – 4 years
Jeff Bezos founded e-commerce giant Amazon in 1994 and launched the website a year later. Starting with selling books, this online shopping site quickly rose to fame in 1997 and helped Bezos reach the annual Forbes list of billionaires in 1999 with a net worth of $10.1 billion.
In 2020, Bezos was the richest man in the world as his wealth increased by nearly $35 billion (£28 billion) during the COVID-19 pandemic, bringing his total wealth at the time to 166.$3 billion (£132.9). billion) was written about. Experts say Bezos is on track to become the world’s first billionaire by 2026.
Mark Cuban – 4 years
Mark Cuban, the owner of the Dallas Mavericks basketball team and a “shark investor” on ABC’s Shark Tank, hit a 10-figure net worth in 1999 when he and his partner Todd Wagner sold Broadcast.com, an Internet radio company, to Yahoo for $5.7. billion.
As of 2020, the fortune of this American businessman is estimated at USD 4.2 billion. In addition to owning a majority stake in the Dallas Mavericks basketball team, Cuban also has interests in Magnolia Pictures, AXS TV, and numerous other startups.
According to lovemoney.com