How Long Did It Take Today's Billionaires To Go From Millionaire To Billionaire?

By on April 17, 2018 in ArticlesBillionaire News

Today, Warren Buffett has a net worth of $75 billion. It took him 26 years from the time he became a millionaire to the time he made his first billion. Bill Gates has $90 billion today. It took him just five years to go from his first million to his first billion. That's pretty fast, but it has nothing on the billionaire with the fastest transition from millionaire to billionaire. That distinction goes to Facebook founder Mark Zuckerberg, who took just one year to make the leap from millionaire to billionaire.

Mark Zuckerberg debuted on the list of the world's billionaires in 2008. He was 23 years old. By 2009, he was off the list due to a drop in Facebook's valuation. The following year he was back in the billionaire's club and he's never looked back

Not surprisingly, founding a big tech company is one of the fastest ways to become a billionaire. It took Amazon's Jeff Bezos just two years to jump from millionaire to billionaire. Google co-founders Larry Page and Sergey Brin took five years to get there, just like Microsoft's Bill Gates.

Paul Marotta/Getty Images

Below is a list of 25 of the richest billionaires in the world and how long it took them to make the leap from millionaire to billionaire.

Sheldon Adelson

Age he made first million: 27

Age he made first billion: 68

Years in between: 41

Warren Buffett

Age he made first million: 30

Age he made first billion: 56

Years in between: 26

Carlos Slim

Age he made first million: 25

Age he made first billion: 51

Years in between: 26

Bernard Arnault

Age he made first million: 27

Age he made first billion: 48

Years in between: 21

Michael Bloomberg

Age he made first million: 31

Age he made first billion: 52

Years in between: 21

Amancio Ortega

Age he made first million: 49

Age he made first billion: 65

Years in between: 16

Robson Walton

Age he made first million: 34

Age he made first billion: 48

Years in between: 14

Li-Ka Shing

Age he made first million: 30

Age he made first billion: 43

Years in between: 13

Jim Walton

Age he made first million: 34

Age he made first billion: 44

Years in between: 10

David Koch

Age he made first million: 39

Age he made first billion: 49

Years in between: 10

Jack Ma

Age he made first million: 35

Age he made first billion: 45

Years in between: 10

Steve Ballmer

Age he made first million: 30

Age he made first billion: 38

Years in between: 8

Larry Ellison

Age he made first million: 42

Age he made first billion: 49

Years in between: 7

Larry Page

Age he made first million: 25

Age he made first billion: 30

Years in between: 5

Sergey Brin

Age he made first million: 26

Age he made first billion: 31

Years in between: 5

Bill Gates

Age he made first million: 26

Age he made first billion: 31

Years in between: 5

Alice Walton

Age she made first million: 39

Age she made first billion: 43

Years in between: 4

Ma Huateng

Age he made first million: 33

Age he made first billion: 36

Years in between: 3

Charles Koch

Age he made first million: 31

Age he made first billion: 53

Years in between: 22

Jeff Bezos

Age he made first million: 33

Age he made first billion: 35

Years in between: 2

Mark Zuckerberg

Age he made first million: 22

Age he made first billion: 23

Years in between: 1

Articles Written by Amy Lamare
Amy Lamare is a Los Angeles based writer covering business, technology, entertainment, philanthropy, and pop culture. She spent 8 1/2 years covering the entertainment industry for www.hsx.com. She has written for Los Angeles Magazine, Your Tango, Thinknum Media, and various airline magazines. Follow her on Facebook.
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