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An individual who takes the initiative to develop ideas, products, or services to alleviate problems present in the larger world is referred to as an entrepreneur.
However, successful business people always need to be ready for setbacks and constructive criticism, and they should always be striving to learn new things and become better versions of themselves.
Although the path to entrepreneurial success is paved uniquely for each person, the road is paved uniquely for each person. The term "entrepreneurship" can refer to many different things, but it means striking out on your own and creating your path at its core.
In this piece, we are going to examine the rise to prominence of some of the most successful business people in the history of the world, dissect the decisions they made along the way to the top,
and then contrast those choices with the perspectives of some experts on how to be successful as an entrepreneur.
Top 10 World's Successful Entrepreneurs (Updated 2022)
1. Jeff Bezos
About: Jeff Bezos, the whose given name is Jeffrey Preston Bezos and who was born on January 12, 1964, in New Mexico, United States, is an American entrepreneur.
Thanks to his leadership, Amazon became the most successful online retailer and served as a template for other online business ventures.
In 1986, Bezos received his degree in economics from Princeton University. He is educated in computer science and electrical engineering, respectively.
Between 1986 and early 1994, he held a range of jobs on Wall Street that were all related to the financial industry.
Profession: He is the Founder and Chief Executive Officer of Amazon.com, Inc. This online retailer initially specialized in selling books but has expanded its offerings to include a wide range of goods.
In addition to founding Amazon in 1994, Bezos also established Blue Origin, a space travel corporation, in 2000.
Net Worth/Wealth:
$13280 crores
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2. Bill Gates
About: Bill Gates, whose full name is William Henry Gates III, is a businessman and computer programmer from the United States.
He was born on October 28, 1955, in Seattle, Washington. While he was still a student, he was involved in computerising the payroll system at his high school
And started a business that marketed traffic-counting equipment to local governments.
At the age of 19, he left Harvard University and, along with Paul G. Allen, started the company that would become Microsoft.
Profession: He collaborates with organisations that have received grants and other organisations to advance the foundation's mission, which is to promote greater fairness in the United States and throughout the world.
Bill, along with Paul Allen, established Microsoft Corporation in 1975. Under his leadership, the company has become the market leader in terms of business and personal software and services.
His work in Alzheimer's research and other healthcare challenges, multidisciplinary education, and technology is carried out through his private office, Gates Ventures. He also pursues his work in climate change and sustainable energy innovation.
Net Worth/Wealth: $12500 crores
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3. Mark Zuckerberg
About: Mark Elliot Zuckerberg, was born on May 14, 1984, in White Plains, New York, United States.
American computer programmer Mark Zuckerberg, whose full name is Mark Elliot Zuckerberg, was born on May 14, 1984, in White Plains, New York, United States.
He is best known as the co-founder and current Chief Executive Officer of the social networking website Facebook.
Following his time at Phillips Exeter Academy, Zuckerberg started his academic career in 2002 at Harvard University.
Profession: He is best known as the co-founder and current Chief Executive Officer of the social networking website Facebook.
A directory in which fellow Harvard students contributed their information and photographs onto a template that he had designed, he launched thefacebook.com on February 4, 2004, and renamed it Facebook in 2005.
Within two weeks, fifty percent of the student body had joined. Dustin Moskovitz and Chris Hughes, who were Zuckerberg's roommates, assisted him in expanding the site's functionality and making it accessible to students at other universities across the country.
Net Worth/Wealth: $7150 crores
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4. Larry Page
About: He was born on March 26, 1973, in East Lansing, Michigan, U.S.
After finishing his primary education at a Montessori school, Larry Page completed his senior education at East Lansing High School.
He graduated with honours. After earning his bachelor's degree in computer engineering,
he enrolled at Stanford University in Palo Alto, California, to pursue his master's degree in computer science. The city of Palo Alto can be found in the U.S. state of California.
First and foremost, he did all of the groundwork for his project, which consisted of investigating how different websites on the World Wide Web were connected. He did all of this work at that specific spot.
Profession: Larry Page is now the co-founder and CEO of Google. At the University of Michigan, where he received high honours as a student, he was also a member of the university's solar car team.
Net Worth/Wealth: $9850 crores
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5. Richard Branson
About: Richard Branson was born on July 18, 1950, in the town of Shamley Green, which is located in the county of Surrey in England.
His full name is Sir Richard Charles Nicholas Branson. He attended Stowe School for his education.
Profession: He is the head of Virgin Group Ltd. and a British entrepreneur and explorer.
Although he did not complete his formal education, he launched his first successful commercial endeavour while just a teenager by founding the magazine Student.
In the late 1960s, when the magazine started suffering financial losses, he formed Virgin Mail Order Records to raise funds. He gave the company the name "Virgin Mail Order Records" because he considered himself inexperienced in business.
In 1971, he opened the first British discount record store. In 1984, he purchased a controlling stake in the airline, rebranding Virgin Atlantic Airways under his name.
Net Worth/Wealth: $440 crores
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6. Steve Jobs
About: Steve Jobs was born in 1955, and his upbringing took place in Cupertino, California, with his adoptive parents.
Even though he had an interest in engineering, he had a wide variety of inclinations when he was younger.
After failing to complete his studies at Reed College, Steve Jobs found work as a video game creator at Atari. He later travelled to India to study Buddhism there.
Profession: After moving back to Silicon Valley in the fall of 1974, Steve Jobs got in touch with an old school classmate named Stephen Wozniak, who was employed for the Hewlett-Packard Company.
Jobs and Wozniak both attended the same high school. After Wozniak informed Jobs of his progress in creating his computer logic board, Jobs recommended that they go into business together.
They did this after Hewlett-Packard formally turned down Wozniak's concept in 1976. Jobs and Wozniak are credited with the invention of the Apple computer.
Net Worth/Wealth: $250 crores
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7. Larry Ellison
About: Larry Joseph Ellison, better known as Larry Ellison, was born on August 17, 1944, in New York City, United States. His full name is Lawrence Joseph Ellison.
In 1962, he enrolled in the University of Illinois at Urbana-Champaign; nevertheless, he left his studies there in 1964, not long after his aunt passed away.
He is an American businessman and entrepreneur who, in 1977, helped create the software company that would later be known as Oracle Corporation.
Additionally, he was the company's chief executive officer from 1977 to 2014.
Profession: Ellison, Miner, and Oates founded Software Development Laboratories (SDL) in 1977 to provide contract programming services for other businesses.
Ellison was a founding member of the company. Ellison had hoped that SDL would accomplish more.
The research paper that outlined the relational database model was written by a British-born computer scientist named Edgar F. Codd.
Net Worth/Wealth: $9450 crores
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8. Ritesh Agarwal
About: Ritesh Agarwal was born on 16 November 1993 in Bissam Cuttack, Rayagada, Odisha, India.
He graduated from St. Johns's Senior Secondary School and possessed a high school diploma.
Profession: He is the creator and CEO of the innovative hospitality business and app known as Oyo Rooms.
Oyo Rooms is comprised of a network of 2,200 hotels that are located in 154 locations around India.
Because of his achievements, Agarwal has been presented with several honours and prizes, including the Business World Young Entrepreneur Award.
In addition to being a fellow of the Thiel Foundation, he frequently gives talks at entrepreneurial conferences and institutes all around India and the rest of the world.
In addition to being a fellow of the Thiel Foundation, he frequently gives talks at entrepreneurial conferences and institutes all around India and the rest of the world.
Net Worth/Wealth: $94 crores
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9. Vijay Shekhar Sharma
About: On June 7, 1978, Vijay Shekhar was born in Aligarh, Uttar Pradesh.
He was the third of four children born to Sulom Prakash, a school teacher, and Asha Sharma, a housemaker.
His parents were Sulom Prakash and Asha Sharma. He graduated from the Delhi College of Engineering with a Bachelor of Engineering degree (now Delhi Technological University).
Profession: Vijay Shekhar Sharma developed a fledgling company, Paytm, worth one billion dollars just five years after the company was founded.
He has been awarded the Yash Bharati, which is the highest civilian accolade bestowed by the Government of Uttar Pradesh.
In January of 2022, the Universal Acceptance Steering Group, which ICANN sponsored, appointed him to the position of UA Ambassador in India.
Net Worth/Wealth: $99.9 crores
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10. Elon Musk
About: On June 28th, 1971, Elon Musk was brought into this world.
First enrolling at Queen's University in Kingston, Ontario, in the Canadian province of Ontario, he later moved on to the University of Pennsylvania in Philadelphia.
Profession: He was one of the founders of both the online payment company PayPal and the company SpaceX, which manufactures launch vehicles and spacecraft.
In addition to that, he was one of the first big investors and eventually became the CEO of the electric automobile firm Tesla.
Elon Musk founded Tesla. He was one of the founders of both the online payment company PayPal and the company SpaceX, which manufactures launch vehicles and spacecraft.
In addition to that, he was one of the first big investors and eventually became the CEO of the electric automobile firm Tesla. Elon Musk founded Tesla.
Musk had long been interested in the potential of electric cars. In 2004, he became one of the major funders of Tesla Motors, which was later renamed Tesla and was an electric car company founded by entrepreneurs Martin Eberhard and Marc Tarpenning.
- Net Worth/Wealth: $21810 crores
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11. Steve Ballmer
About: Steve Ballmer was born on March 24, 1956, in Detroit, Michigan, U.S.
After failing the MBA programme at Stanford, he started working for Microsoft in 1980, becoming employee number 30.
Profession: Microsoft was managed by the high-wattage former CEO Steve Ballmer, who served in that role from the year 2000 until the year 2014.
Microsoft was managed by the high-wattage former CEO Steve Ballmer, who served in that role from the year 2000 until the year 2014.
After the first dot-com bubble burst, Ballmer assumed leadership of Microsoft, guiding the company through its attempts to catch up to Google in terms of its search skills and to Apple in terms of mobile phones.
In the same year that he left Microsoft, he made a $2 billion purchase of the Los Angeles Clippers of the National Basketball Association.
Since 2014, he has increased the amount of money he donates to charitable causes and has placed more than $2 billion into a donor-advised fund.
Net Worth/Wealth: $8450 crores
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12. Mukesh Ambani
About: On April 19th, 1957, Mukesh D. Ambani was born in the city of Aden.
He initially attended the University of Bombay, now known as the University of Mumbai, to receive his bachelor's degree in chemical engineering.
Subsequently, he attended Stanford University to earn his master's degree in business administration.
Profession: Under the aegis of the Reliance Group, Mukesh took command of RIL's gas, oil, and petrochemicals businesses and RIL's petrochemical operations.
Ambani is recognised for constructing the world's largest start-up petroleum refinery.
He is also credited with creating multiple state-of-the-art manufacturing facilities that substantially boosted RIL's production capacities. Both of these achievements have been attributed to Ambani.
Net Worth/Wealth: $9220 crores
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13. Oprah Winfrey
About: Oprah Winfrey's birthday is January 29th, and she was born in Kosciusko, Mississippi, in the United States.
After receiving her degree in journalism from Tennessee State University in 1976, she was hired by the ABC News affiliate in Baltimore, Maryland, where she went on to become a reporter and co-anchor.
She discovered that the requirement of neutrality in news reporting made it difficult for her to express her opinions, so in 1977 she started working as a co-host on the morning show People Are Talking in Baltimore.
- Profession: In 1998, Winfrey expanded her media and entertainment empire by cofounding Oxygen Media, which was launching a cable television network explicitly geared toward women.
The Oprah & Friends channel first made its debut on satellite radio in 2006. She was the one who secured the deal with Discovery Communications in 2008.
As a result, the Oprah Winfrey Network (OWN) took over for the Discovery Health Channel in January of 2011. - Net Worth/Wealth: $250 crores
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14. Jack Dorsey
About: He was born in San Francisco, California on November 19, 1976. He is a drop-out from New York University.
Profession: Jack Dorsey is currently the Chief Executive Officer of the payments startup Block, formerly known as Square.
He served in the same capacity at Twitter from 2015 to November 2021. In May of 2022, he resigned from his position on the board.
Along with Ev Williams, Biz Stone, and Noah Glass, Dorsey established Twitter in 2006, and he served as CEO of the company until 2008.
In 2015, he made his way back. In April of 2020, he committed to donating one billion dollars, which represented around 28 percent of his total net worth, to Covid-19 relief efforts and other causes in the form of contributions of his Square stock.
Dorsey and Jim McKelvey established Square in 2009 and later took the company public in 2015. In December of 2021, the company was rebranded as Block.
Net Worth/Wealth: $520 crores
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15. Raymond Thomas Dalio
About: He was born on 8 August 1949 in New York, U.S.A.
In 1975, after completing his Master of Business Administration degree at Harvard Business School, he established Bridgewater from the two-bedroom apartment he had in New York City.
Profession: Bridgewater Associates, the largest hedge fund company globally, was founded by Ray Dalio.
The company currently oversees a total of $154 billion.
In 2018, to ensure that Bridgewater would continue to operate after his departure, Dalio decided to transform Bridgewater into a partnership and provide staff with a more excellent ownership position in the company.
Dalio spent his childhood in a community on Long Island that belonged to the middle class. At the age of twelve, he began trading on the markets and received his first tips from golfers for whom he caddied.
Net Worth/Wealth: $2200 crores
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16. Jack Ma
About: On September 10, 1964, Jack Ma was born in Hangzhou in Zhejiang, China. His Chinese name also knows ma.
After some time, he enrolled in what is now known as Hangzhou Normal University (formerly known as Hangzhou Teacher's Institute), from which he received a Bachelor of Arts in English in 1988.
Profession: Jack Ma is a successful Chinese entrepreneur and investor who currently has a personal fortune of $34 billion.
His most notable accomplishments include being a co-founder and a former executive chairman of the international company known as Alibaba Group.
At various points throughout his life, he has held the title of being the wealthiest person in China and the richest person on the entire continent of Asia.
Alibaba has had phenomenal expansion over the course of the past 15 years. Today, the corporation operates the most extensive online marketplace globally; it is more significant than both Amazon.com and eBay put together.
Net Worth/Wealth: $2290 crores
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17. Shiv Nadar
About: He was born on 14 July 1945 in India and completed his bachelor’s degree at PSG College Of Technology, Coimbatore.
Profession: A pioneer in information technology in India, Shiv Nadar co-founded HCL in a garage in 1976 to manufacture calculators and microprocessors.
His HCL Technologies is now one of India's leading software service providers, and it brought in revenue of $11.2 billion last year.
In July 2020, he handed over the chairmanship of HCL Technologies to his daughter, Roshni Nadar Malhotra, after announcing his intention to step down from the role.
He has since been promoted to chairman emeritus and strategic advisor. HCL Technologies hires high school graduates and provides them with on-the-job training when they join its workforce of 198,000 individuals spread across 52 countries.
Net Worth/Wealth: $2450 crores
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18. Adam D'Angelo
About: On August 14, 1984, Adam D'Angelo came into the world.
He received his undergraduate education at Phillips Exeter Academy, where one of his students was Mark Zuckerberg, who would start Facebook.
Following his graduation from high school, he continued his education at the California Institute of Technology (Caltech).
Profession: In 2008, D'Angelo quit Facebook.
Quora was established in June of the same year, 2009, by him and Charlie Cheever, who had previously worked at Facebook.
Quora is a website that allows users to ask questions and get answers and create, modify, and organize the website's content.
In addition, members of Quora are obliged to register with their real names rather than a screen name; nevertheless, they are permitted to link their accounts to social media platforms such as Twitter and Facebook.
Net Worth/Wealth: $70 crores
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19. Ratan Tata
About: He was born on 28 December 1937 in India and graduated with a degree in architecture from the Cornell University College of Architecture and an advanced management degree from the Harvard Business School in 1975.
He also completed the Advanced Management Program offered by them.
Profession: From 1991 until the day he officially retired on December 28, 2012, Mr. Ratan N. Tata served as Chairman of Tata Sons, the holding company for the Tata group of companies.
During his tenure, the company's revenues increased by ten, reaching a total of more than $100 billion in 2011-2012.
After Mr. Tata's retirement, the company he founded, Tata Sons, and its subsidiaries Tata Industries, Tata Motors, Tata Steel, and Tata Chemicals, have bestowed upon him the honorary title of Chairman Emeritus.
Net Worth/Wealth: $29100 crores
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20. Nithin Kamanth
About: He was born on 5 October 1979 in Shivamogga, Karnataka, India. He completed his graduation from the Bangalore Institute of Technology.
Profession: Nithin Kamath is the founder of Zerodha and serves as the company's Chief Executive Officer (CEO).
Zerodha is India's largest stock brokerage firm and is headquartered in Bangalore, Karnataka, India.
He is an entrepreneur from India who also works as a stockbroker and contributes columns to The Financial Express
Nithin was recognised as one of The Top 10 Businessmen to WatchOut for
2016 in India for bargain booking by The Economic Times.
In addition to this, Zerodha was named the most successful company on the IIFL Wealth Hurun India 40 and under Self-Made Rich List 2020.
Nithin Kamath is also one of India's youngest self-made billionaires, making him one of the youngest in the country overall.
Net Worth/Wealth: $11400 crores
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21. Warren Buffett
About: The late United States Representative Howard Homan Buffett, from Nebraska, was the father of Warren Buffett. He was born on August 30th, 1930.
After receiving his Bachelor of Science degree from the University of Nebraska in 1950, he attended the Columbia University School of Business and studied under Benjamin Graham (M.S., 1951).
Profession: In 1956, Buffett moved back to Omaha, and in 1965, he assumed majority control of the textile firm Berkshire Hathaway Inc.,
transforming it into his primary investment vehicle. Buffett has been highly successful as an investor.
The major stock averages gained approximately 11 percent yearly from the 1960s through the 1990s, whereas the publicly listed shares of Berkshire Hathaway gained almost 28 percent annually over the same period.
Buffett's success with Berkshire Hathaway helped him become one of the wealthiest individuals in the world.
Despite this, he avoided extravagant spending and was critical of government policies and taxation that favoured the rich over the middle class or lower class citizens.
Net Worth/Wealth: $11180 crores
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22. Carlos Slim Helu
About: Being born on January 28 1940 in Mexico, Carlos completed his graduation from Faculty of Engineering, UNAM in 1961.
Profession: América Móvil is the most successful mobile communication firm in Latin America, and Carlos Slim Helu and his family control it.
He is the wealthiest man in Mexico. Together with other foreign telecom partners in 1990, Carlos Slim purchased a stake in Telmex, which was the only phone provider in Mexico América Móvil has bought Telmex as a subsidiary.
In addition to this, he is an investor in Mexican companies involved in the construction industry, consumer goods, mining, real estate, and The New York Times, of which he owns 17 percent.
Net Worth/Wealth: $8560 crores
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23. Bernard Arnault
About: Bernard Arnault is a French businessman who was born on March 5, 1949, in the city of Roubaix.
He is best known for his position as chairman and CEO of the French conglomerate LVMH Mot Hennessy Louis Vuitton SA, the largest luxury-goods company globally.
He received his degree in engineering from the École Polytechnique in Paris, where he studied for four years.
Profession: Together with Antoine Bernheim, a managing partner at the French bank Lazard Frères and Co.,
Arnault raised the $80 million necessary to purchase the insolvent textile company Boussac Saint-Frères, which was the owner of the Christian Dior fashion house.
Arnault contributed $15 million of his own money to the effort. The following year, in 1987, Henri Racamier, the chairman of LVMH, extended an invitation to Arnault to invest in the company.
Net Worth/Wealth: $14570 crores
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24. Andrew Carnegie
About: He was born on November 25, 1835, in Scotland. He was a Philanthropist and did not have formal education.
Profession: In 1865, Carnegie parted ways with his company to take over the Keystone Bridge Company management.
He acted in this manner because he believed that there would be an increase in demand for iron and steel in the years to come.
Roughly 1872 and 1873, when he was around 38 years old, he started focusing on steel and built the J. Edgar Thomson Steel Works near Pittsburgh.
He was one of the first people in the world to mass-produce steel. The Carnegie Steel Company was afterward derived from this particular establishment.
In the 1870s, Carnegie's new company built the first steel mills in the United States to use the groundbreaking Bessemer steelmaking process, which had been brought over from Britain.
These mills were established in Pennsylvania. In the history of the United States, these plants were the pioneers of their particular species.
Net Worth/Wealth: $45.7 crores
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25. David Koch
About: He was born on 3 May 1940 in Kansas, United States. He pursued his graduation and post-graduation from the Massachusetts Institute of Technology.
Profession:
David Koch, who, along with his brother Charles controlled Koch Industries, the second-largest private company in the United States, passed away in August 2019 at 79.
At the time of David and Charles Koch's control, Koch Industries was the second-largest private company in the United States.
In July of 2018, Koch handed in his resignation as executive vice president, citing concerns about his health as his decision.
After then, he was given the position of director emeritus to fill in his time.
Refining crude oil, making fertilizer, and producing consumer goods such as Dixie cups and Quilted Northern toilet paper are some activities that Koch Industries engages in.
The total revenue generated by the corporation is $110 billion.
The well-known philanthropist gave more than $1.3 billion to charity organisations worldwide, including the Memorial Sloan Kettering Cancer Center in New York and the Lincoln Center in New York City.
Net Worth/Wealth: $550 crores
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Conclusion
An entrepreneur is a person who recognises a need in the more fantastic world and sets out to address it by creating solutions in the form of new ideas, products, or services.
However, successful business people constantly need to be ready for setbacks and constructive criticism, and they should always be seeking to learn new things and become better versions of themselves.
Being prepared for setbacks and constructive criticism is an essential trait of successful businesspeople. Although the route to entrepreneurial success is paved differently for each individual, the road is paved differently for each person.
The idea of venturing out on one's own and paving one's path is at the heart of what is meant by the term "entrepreneurship," which can refer to a wide range of activities.
We are going to examine the rise to prominence of some of the most successful business people in the history of the world, analyse the choices they made along the way to the top, and then contrast those choices with the perspectives of some experts on how to be successful as an entrepreneur.
In this article, we will examine the rise to prominence of some of the most successful & famous entrepreneur in the world. I hope you liked our article on successful businessman in the world. If you have any suggestions please leave a comment below.
Frequently Asked Questions
Q1. Who are the top 10 entrepreneurs?
The top 10 entrepreneurs are John D. Rockefeller, Andrew Carnegie, Thomas Edison, Henry Ford, Charles Merrill, Sam Walton, Charles Schwab, Jeff Bezos, Elon Musk, and Bill Gates.
Q2. Who is the No 1 entrepreneur?
Jeff Bezos is the number 1 entrepreneur in the world.
Q3. Who is the most successful entrepreneur?
Henry Ford is the most successful entrepreneur.
Q4. Who is the richest entrepreneur?
Elon Musk and Jeff Bezos keep competing for the richest entrepreneur position.
Q5. Who is the youngest entrepreneur in the world?
Hillary Yip is the youngest entrepreneur globally.
Here are the World's Successful Entrepreneurs List :
