The 3 Common Habits of the 3 Richest Men

By
Eric M.
on
November 13, 2018

After reading through the online biographies of these men, I began seeing trends in habits among them. Some of these wealth-building habits can be considered innate, but they can all be developed. Find out what 3 habits the 3 richest men in the world share.

Before we get too far into this, you may be asking, who in fact are the 3 richest men in the world? Well, according to Independent News they are:

Jeff Bezos - $121 billion

Bill Gates - $91.1 billion

Warren Buffett - $86.1 billion

If you are asking who the heck is Jeff Bezos, don’t worry, I was wondering the same thing until last year. He’s the CEO of Amazon. And he’s stinkin’ rich. He recently skyrocketed to the position of world’s richest man since Amazon has been doing exceptionally well lately.After reading through the online biographies of these men, I began seeing trends in habits among them. Some of these wealth-building habits can be considered innate, but they can all be developed. If you focus on developing them, you can perfect them little by little.But Jeff Bezos, Bill Gates, and Warren Buffett all have mastered the following characteristics: 

1) Revolutionary

What have Bezos, Gates, and Buffett done that’s made them so incredibly wealthy?

Jeff Bezos created only the largest online retailer ever, aka Amazon. You’ve probably heard of it. It started as a book selling site in 1994 and now you can buy anything from sugar-free gummy bears to bacon-flavored floss. 

Bill Gates created the personal computer as we know it today. His mad nerd skills and hard work allowed him to develop personal computers for the masses. Thank you for giving us something to watch Netflix on.

Warren Buffett created Berkshire Hathaway, the world’s largest financial services company. Buffett manages the many facets of his company. 

The common theme among these men is they saw a need and had the abilities to fill that need. Not only did they have the foresight to fill these needs, but they were revolutionary in doing so. And throughout their entire lives, they persevered.

2) Persevering

Did you know Amazon came extremely close to going bankrupt in the early 2000s? After the dot-com crash of 2000, Jeff Bezos could have let Amazon go bankrupt and say to heck with it all. He found banks willing to loan to Amazon in order to keep it afloat. He had to work incredibly hard through it all to keep his company moving. 

And it worked.

He could have given up and few of us would even know or remember Amazon. But instead, because he gave it his all, his company has succeeded and is now incredibly successful.

Similarly, when Microsoft was first formed, there was a pre-launch leak of its new software and over 90% of computer lovers got the software for free. This didn’t stop Gates though. He continued to develop software and essentially invented the personal computer as we know it.

Warren Buffett has been a persevering investor for decades. He no doubt had difficult times from losing money investing in bad companies. But, he learned from his mistakes and kept on drinking his Coca-Cola.

3) Charitable

Is it possible to be an incredibly wealthy individual and not give any money to charity? Maybe if that person is a miserable Scrooge. If you are a Scrooge, no worries. You’re probably still a decent person besides the fact that you’re terribly greedy and selfish.

However, I believe an important part of having money is giving it away. Even if you aren’t exactly rich, there is something so rewarding of giving your money to charity or donating because of religious beliefs. People who are charitable are much happier and realize the needs of those around them.

For example, Bill Gates and Warren Buffett have both given billions to charities. Jeff Bezos still has some work to do in that department and hasn’t given much to charity until recently. Some would call him a Scrooge, but I think he’s still figuring out what type of philanthropy work he’d like to do. He’s starting to hop onto the giving bandwagon.

While everyone is different, being revolutionary, persevering, and charitable are the 3 common habits I found in these three extremely wealthy individuals. These character traits aren’t necessary to become wealthy, but I believe these traits are valuable and will also help us become better human beings.

And remember, don’t be a Scrooge.