World's Top 10 Billionaires of 2012 - Entrepreneurs and Investors
When we look at the list of the world's top billionaires, we can't help but wonder what have they done in order for them to accumulate such wealth and reach their current status.
From Forbes list of wealthiest people in the world, you can easily find their most common denominator - all of them are entrepreneurs and investors. All of them have different companies which they own and not just work for (employee of).
Among the wealthiest billionaires on the list, the one which really caught my attention was Warren Buffet. While the others may own companies which manufacture products and provide services, his company was mainly focused on investing.
He was more of an investor instead of entrepreneur. He determines the value of companies and identifies which ones to invest in. Unlike other billionaires, he doesn't have to start a company from the ground and make name for it. Instead, he identifies companies which value could increase in the long run and invest in them.
To Become a Billionaire: Do you Have to be An Entrepreneur or Investor?
It is interesting to note that Warren Buffett does not hold shares of the two giant tech companies - Google and Apple. It was also reported that he has no plans to invest in Facebook. He only practices what he preaches as he always suggests that investors stick to simple business that they understand.
So it brings me to the question: If you want to be wealthy, which one would you prefer - be an entrepreneur (create products and services) or be an investor (simply identify companies that you would want to invest in)?