Nouveau Rich- Coming from nothing to everything.

September 29, 2008

We always have this notion in our head that, if you are born rich, you’ll most likely stay rich; if you are born poor, it is very unlikely you’ll ever make it on the top. In other words, the billionaire range. Although life is full of mysteries, there are certainly some real live examples of individuals who went from rags to riches. Dare to challenge yourself? Lets find out.

First of all, Nouveau Riche is a term used for wealth made in this generation. It wasn’t passed on from previous generation. The hilton family, for example, would be a perfect example of having wealth for more than one generation. In contrast, people like Forrest Mars, Albert Reichmann, King Fahd Bin Abdul- Azziz Al Saud are all known for their riches made in this generation. It is simply astounding to see that folks who never had a true formal education, educated family or any idea what they would do, yet they end up running industries upon industries. One interesting fact that I noticed in these billionaires, is that they are all self starters. They created wealth from education and being completely aware of their decisions. Warren Buffet, for example, proves to be another excellent source of Nouveau Riche, simply because he is one of the all-time investors in history. Check out what Nouveau Riche is all about on wikipedia.

If you enjoyed this post, make sure you subscribe to my RSS feed!

Posted in Believe it or NOT, Business/Stocks