Top 11 Self Made Billionaires of All Time

POSTED BY , UPDATED ON January 2nd, 2016

Billionaires who did not inherit wealth

Some people are rich by inheritance, and others make it possible with their arduous efforts and their relentless dedication. Those people who made it possible themselves are role models for all and they inspire everyone else. Such people were not born having silver spoons in their mouth or made it lucky with Pay n Play Casinos without naming any, but they made it possible through their overwhelming efforts. Here is the list of 11 self made billionaires of all time who made it possible with their determination, and hard but smart work:

11. Opera Winfrey

Opera Winfrey

Opera Winfrey is the best known American-African billionaire in the world, who is famous for hosting her international popular talk show from 1986 to 2011. Apart from being a successful television host, she is also a producer, publisher, philanthropist and an actress.

Born on January 29, 1954 in Mississippi to a single mother, she spent her early days in rural town of Kosciusko. In her childhood, she was sexually assaulted by many of her relatives and mother’s friends.

She moved to Baltimore in 1976 where she hosted a television chat show which was her first debut. Later in her life she hosted her own well known show, The Oprah Winfrey Show from 1986 to 2011 which was aired for 25 seasons, due to which she earned fame among her fans and later she was declared as most influential woman.

10. Steve Jobs

steve jobs

Image Source: Justin Sullivan/Getty Images

Steve Jobs was the chief executive officer of Apple Inc. as well as co-founder. Jobs was born on February 24, 1955 in San Francisco California but he was adopted by Clara. When he was too young he used to work with his father in the family garage on electronics. He is a school dropout and later founded Apple in his garage.

Smart but the directionless Steve tried so many options before he started his company. In 1976, he founded Macintosh and was fired nine years later – only to return later on and make Apple the organization it is today. Jobs died in 2011 leaving an inspirational legacy behind.

9. Roman Abramovich

Roman Abramovich

Having a total net worth of $18.8 billion dollars, he is a very well known Russian billionaire. He owns a very huge private investment company which is known as Millhouse LLC. In his early days he used to work as a mechanic in a local factory and also worked as a street vendor in his locality.

He was also attached to the army service, during which he started his multi-billion dollar business. At that time he sold gasoline to the officer of the unit for which he received remuneration.

8. Karl Albrecht

Karl Albrecht

With a total net worth of $23.5 billion , Karl is one of the well known billionaires who made it big from the very scratch. He was born in Essen into a middle class family. Karl’s father was a miner who made hardly made his ends meet. His father later on became a banker’s assistant, however his mother used to work in a small grocery store.

After the completion of the apprenticeship in the store where his mother used to work, he started working in a delicatessen shop. With his brother he founded a discount supermarket chain Aldi. In 1961, the first Albrecht-Discount was founded and after 49 years Karl was declared a billionaire in 2012. It was reported that he has two children; however neither of his children has been employed by Aldi.

7. Sheldon Adelson

Sheldon Adelson

Image Source: Bloomberg

The net wealth owned by Adelson is $36.4 billion. He is chief executive and chairman of the Las Vegas Corporation. Adelson belonged to a poor family as his father was just a cab driver. In his early age he used to sell newspapers at the end of the street corners. When he was 12 years old, he started selling toiletry kits; later along with his friends he initiated charter tour business. He did not complete his degree at the City College of New York. He later on also started working as a consultant with financial institutions.

He was recognized due to COMDEX, which first took place in 1979 in which he struck gold through the computer show. It later remained a very premier computer show throughout the 1980s and 1990s. During 1988, he purchased Sands Hotel and Casino with his partners in Las Vegas, Nevada and so far has achieved tremendous financial success.

6. Ingvar Kamprad

Ingvar Kamprad

Image Source: Örjan Björkdah

Having a total worth of $23 billion, Ingvar Kamprad is one of the most renowned self made billionaires out there. He was born to a poor family in a village called Agunnaryd and used to sell matches to his neighbors in childhood. He developed a sharp business acumen very early in life due to his tough childhood and within no time instead of selling a bulk of matches from one place to another place – he started selling fishes, pens, pencils, seeds and Christmas decoration pieces as well.

When he was as young as seventeen years old, his father gifted him cash for his studies, however he used this reward in order to establish IKEA (a Swedish ready-to-assemble furniture company) which not only allowed him to become a billionaire, but it also made him one of the most wealthiest persons in the world.