5 Unknown Facts About Billionaires

by Fong Ming (5B)

There are lots of billionaires all over the world. Some of the most popular billionaires in the world are Jeff Bezos, Bill Gates and Elon Musk. today we will look at interesting facts about billionaires!

1. Only 52% of billionaires are college-educated.

Not all billionaires need to be college-educated. 52% of all of the world’s billionaires have at least a bachelor’s degree, and 34% also have a postgraduate degree. Only 14% of them have less than a college degree.

2. Bill Gates says his kids will only inherit $10M US Dollars each of his $90.0Bn net worth.

Gates will leave only around $10M to each of his children, Rory, Jennifer and Phoebe. Only around 0.03% of his wealth will go to his kids and the rest of his fortune will go to charitable causes. He and his partner, Melinda Gates have always been passionate about philanthropy.

3. Elon Musk created a video game at the age of 12 and sold it for $500.

Musk says playing video games started him toward success, “Video games are "incredibly engaging," Musk said. "They made me want to learn how to program computers. I thought I could make my own games."

4. Jeff Bezos needs to spend more than $3 million dollars a day to go broke.

Bezos is the richest man in the world currently with a net worth of about $115 billion. Bezos would need to spend more than $3 million dollars per day to go broke in 100 years. With billions of dollars, the world is your proverbial oyster.

5. Only about 10% of billionares are female

With 227 females on the list of 2024 billionaires, this is a figure that hasn’t changed much since the 1990s. According to Professor Zucman of the National Bureau of Economic Research, if the rate of growth of female billionaires in the world, that would take over a century until the number of female billionaires takes over the male billionaires.