Simple Advice From The World’s Most Legendary Billionaires

The wealthiest people in the world may seem like some of the most unrelatable folk on the planet but in actuality, not all of the world’s billionaires were born with silver spoons in their mouths.

From pioneers in technology to the legends who led the industrial revolution in the 19th century, these people worked really hard to start their businesses and they undoubtedly acquired some excellent wisdom along the way. Read on to see what Mark Zuckerberg asks himself every day and find out what Andrew Carnegie found to be the most important part of building a successful business.

Warren Buffett’s Advice Is Simple And Effective

Warren Buffett, chairman and CEO of Berkshire Hathaway, testifies before the Senate Finance Committee during a hearing on the Federal Estate Tax on Capitol Hill in Washington, DC, 14 November 2007.
SAUL LOEB/AFP/Getty Images
SAUL LOEB/AFP/Getty Images

“Rule No. 1: Never lose money. Rule No. 2: Never forget rule No. 1.”

Warren Buffett, named the third-richest billionaire in the world in 2019, has managed to keep growing his daily fortune which now sits at an $89.9 billion net worth. Buffett is the CEO and chairman of Berkshire Hathaway, a multinational conglomerate holding company that owns companies like Duracell, Dairy Queen, and GEICO, to name a few.

In 2010, Buffett and Bill Gates started the Giving Pledge, which asks billionaires to commit to donating half of their wealth to charity. Buffett himself has promised to donate 99-percent of his fortune and donated $3.4 billion to the Bill & Melinda Gates Foundation in 2018.