Summary of How to Be a Billionaire

Proven Strategies from the Titans of Wealth

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How to Be a Billionaire book summary
Hey Regis: Stop thinking so small!

Rating

6 Overall

4 Applicability

6 Innovation

8 Style

Recommendation

If you ever wondered how Bill Gates, Warren Buffet or even John D. Rockefeller got so rich, rest assured it took hard work and restless individualism. Martin S. Fridson profiles self-made billionaires and describes the principles and strategies they used to achieve their wealth. The profiles illustrate how these billionaires succeeded. Fridson identifies nine fundamental strategies, which become the basis for each of his chapters. His ideas may sound familiar - as may some of the stories he cites, such as the rise of Rockefeller and Bill Gates. However, Fridson combines these ideas and images compellingly, highlighting the major strategies and providing vivid portraits. getAbstract recommends this book to general readers, as well as executives, company owners and anyone who feels driven to get very, very rich.

In this summary, you will learn

  • How to become a billionaire
  • Which 12 principles can help you
  • What basic strategies to follow
 

Summary

The Basic Characteristics of the Super-Rich
If you want to become a billionaire, analyze the careers of past and present billionaires. Forbes listed 268 individuals who had a net worth of a billion or more dollars in the U.S. as of 1999. When you look at the careers of the self-made billionaires...
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About the Author

Martin S. Fridson is a managing director at Merrill Lynch & Company and a member of Institutional Investor’s All-America Fixed Income Research Team. He is also the author of It Was a Very Good Year , Investment Illusions and Financial Statement Analysis.


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