From Millionaire to Billionaire explores the averages of the world’s richest people and their journey to where they are today, looking into ages, industries, degrees and more. The data offers insight into just how quickly (or slowly) the mega rich have turned their millions into billions.
It takes on average 14 years to go from millionaire to billionaire
Average age first million is earned – 37
Average age first billion is earned – 51
Entrepreneurs in the tech industry make the jump in half the average time – going from millionaire to billionaire in just 7.3 years
Russian entrepreneurs make the jump the quickest – 9 years