When we think of fat cats, we generally think of billionaires and corporate executives. While this is certainly true, it’s not the only thing that matters regarding the rich. In fact, some of the richest people in the world are entrepreneurs who have found a way to make money without relying on traditional means. Here are 10 examples of wealthy fat cats who defy conventional wisdom:
1) Bill Gates
2) Warren Buffett
3) Carlos Slim Helu
4) Amancio Ortega
5) Michael Bloomberg
6) Larry Ellison
7) Sergey Brin and Larry Page
8) Mark Zuckerberg
9) Jeff Bezos
10) Reed Hastings.
Warren Buffett
Warren Buffett is one of the world’s richest men. He has a net worth of over $50 billion. He is also known for being a generous philanthropist.
Buffett was born in Omaha, Nebraska, in 1930. He started his career as an investment analyst at Benjamin Graham & Company. In 1962, he founded Buffett Partnership Ltd., which became Berkshire Hathaway in 1965.
Berkshire Hathaway is one of the largest insurance companies in the United States and also owns several major businesses, including Burlington Northern Railroad, Heinz Ketchup, Fruit Of The Loom underwear, Duracell batteries and Bimbo Bakeries USA.
Buffett is well-known for his investment philosophy called value investing. This involves buying stocks undervalued by the market and waiting for them to appreciate in value over time. He has been successful with this strategy throughout his career and is estimated to have earned over $60 billion from his investments alone!
Bill Gates
Bill Gates is one of the richest people in the world. Gates has made a large fortune through his business ventures. Gates was born on October 28, 1955, in Seattle, Washington. He went to Harvard University and earned a bachelor’s degree in 1975 and a master’s degree in 1977. Gates began working on a program that would help computers communicate with each other. This program became Microsoft Windows and revolutionized the way people used computers. With Microsoft Windows, users could access files stored on their computer and programs running on other computers. In 1991, Gates founded the investment firm Cascade Investment LP. In 2000, he co-founded The Bill & Melinda Gates Foundation with his wife, Melinda Buffett. The foundation focuses on improving global health by investing in research and supporting organizations working to prevent disease and improve the quality of life for people worldwide.
Jeff Bezos
Jeff Bezos is the founder, chairman, and CEO of Amazon.com, one of the largest online retailers in the world. With a net worth of $25 billion as of May 2017, Bezos is ranked as the richest person in the world.
The company quickly expanded into other areas, including music and video streaming, food delivery, and even apparel. In 2013, Amazon acquired Whole Foods Market for $13.7 billion, making it one of the most valuable companies in the world.
Blue Origin (a space tourism company), The Washington Post (a newspaper), and aerospace manufacturer Blue Origin Aviation.
Michael Jordan
Michael Jordan is one of the most successful athletes in history.
Jordan was born in Chicago, Illinois, on February 17, 1963. As a child, he was very passionate about basketball. He began playing at age five and quickly became one of the best players in his neighborhood. In high school, he led his team to an undefeated season and won the state championship.
Jordan attended North Carolina State University on a scholarship. At NC State, he led the team to two ACC championships and was named ACC Player of the Year both years. Jordan went on to play for the Chicago Bulls and quickly became one of their main stars. He led them to three straight league championships and two NBA Finals appearances.
Floyd May weather
Floyd May weather is a world-renowned boxer who has an estimated net worth of $285 million. He is one of the richest athletes in the world and has been named one of the most influential people in sports by ESPN.
May weather began his boxing career in 1996 and quickly became one of the best athletes in the world. He has won dozens of professional fights, including seven world titles. In 2012, he was awarded the prestigious Muhammad Ali Award for contributing to the sport.
Kobe Bryant
Kobe Bryant is one of the world’s most famous athletes. In 2009, he was named the Greatest Player in NBA History.
Kobe Bryant was born on September 23, 1978, in Philadelphia. He started playing basketball at a young age and quickly became a star player in high school. In 1998, he was drafted by the Lakers and joined their championship team that year. After two seasons, Kobe returned to LA and led the Lakers to their fifth championship in 2008.
Arnold Schwarzenegger
Arnold Schwarzenegger is a famous actor, producer, and politician known for his powerful physique and sharp tongue. He was born in Austria in 1947 and started his acting career in the 1970s. After years of success on the silver screen, Arnold entered politics in 1990. He quickly became one of California’s most prominent politicians, serving as governor from 2003 to 2011. In 2012, he announced his candidacy for President of the United States. He narrowly lost to President Barack Obama in the general election that year.
Shaquille O’Neal
Shaquille O’Neal is a Hall of Fame basketball player and one of the most dominating athletes ever.
In February 2016, O’Neal announced he would retire from professional basketball at 37 after 20 seasons in the league.
O’Neal is known for his explosive scoring ability, dominant physical presence on the court, and bombastic behavior on and off it. He has been involved in many high-profile incidents, including two arrests for assault and battery (one of which resulted in a conviction) and allegations of sexual assault.
Tom Brady
Tom Brady is one of the most successful athletes of all time. In 2006, he became the youngest quarterback to win the NFL MVP award.
Brady has an estimated net worth of $200 million. This makes him one of the wealthiest athletes in the world. He earns most of his money from endorsement deals and from playing in the NFL. Brady owns countless businesses, including an apparel company and a football training facility.
Conclusion
Looking to slim down your portfolio and invest in companies with healthier stock options? Check out our top 10 examples of fat cats. These billionaires have made their fortunes by investing in companies that lead a healthy lifestyle—from organic foods to sustainable practices. If you want to make money with quality investments, these are the stocks for you!