Q&A for How to Be a Billionaire

There is no specific age to start to be an investor. Warren Buffet started when he was 7 years old. Read up on what you want to invest in, and ask anyone you know who invests for tips.

Work hard and connect with people who have money. They may introduce you to investment and job opportunities.

Often, it's better to start a company on a national level. When your company is gets big enough, you go international.

You can't. But maybe you're not as broke as you think you are. Maybe you're just in the habit of buying things you don't absolutely ''need.'' Try living within your means. Don't buy anything unless you literally cannot survive without it. If you ever get un-broke, start saving a little bit of money every month. It doesn't have to be much. Just start saving. You'll surprise yourself after a while.

Hypothetically, anyone can become a billionaire through any job, but realistically, no. Most wealthy musicians have amassed their wealth in other ways. If your dream in life is to become a billionaire, there are only a select number of jobs which could even allow a person to become one and even these jobs have next to zero odds. Instead of focusing on money, find something you love to do because having passion is the most important thing.

Every billionaire was once 13. Read books about investing. One good one is "The Making of An American Capitalist" about Warren Buffett.

Write about a subject that is overwhelmingly fascinating to millions of people.

If you work hard, anything is possible. However, you'd probably need to own an entire chain of mechanics workshops across a country, and offer something extraordinary over and above what other mechanics do for the billions to roll in. Perhaps focus first on improving those grades and broadening your talents before dreaming of your billions; it also pays to realize that money truly isn't all that matters in life.

You should read other articles on wikiHow about starting your own business. For example, here is an article which should directly answer your question.

Invest in the right stocks.

Absolutely. You may have to work harder and smarter than all those college grads, but there are rich people who only finished high school and poor people with masters degrees and doctorates.

Use an online retirement calculator to make this determination. They can be found on many financial websites. Just websearch "retirement calculator."

No. Unless you are actually working for your parents, there is nothing for them to pay you for. You could earn a little money by doing chores or jobs for your parents. But your parents have limited money, which they probably work hard to earn, and they need most of it for their own expenses. If you want to earn a lot of money, you will have to work for it yourself by getting a job, starting a business, and/or doing the other things suggested in the article when you're old enough.

Possible. Not probable.

Search on the internet; Khan Academy is a good place to start. If you just want to get into the stock market, contact a broker.

Absolutely, as long as you invest wisely and live within/below your means. It will take time, but if you can manage investing 20% of your income monthly, you will get there.

Anyone can have billions, it is just that most everyone will never have billions because the system is rigged so that the few have billions and the rest have nothing of the sort. Whether or not school helps depends on who you are and the luck you experience. There is a lot of baloney about going to school and not going to school when in actual fact it really comes down to how many risks you're willing to take and how confident you are and that is something deep within.

Not unless s/he musters up some energy.

No. Grades do not decide one's future. What matters is your talent and the knowledge you gain and use to become a billionaire.

A few degrees that would be beneficial are in the areas of business, engineering, and accounting. An MBA degree would be very helpful to succeed in business.

Yes.

Invest as soon as possible. Ask advice from someone already in the field.

Yes, many people have become billionaires at young ages.

Yes, it is possible for artists to become billionaires, but most artists do not make that much money.

Own huge oil fields.

It is possible, but highly unlikely. If you wanted to reach billions, you would have to open a chain of bakeries. Even then, it is extremely unlikely. However, if you follow your dreams and work hard, you can do anything.

Read biographies of and advice from current billionaires.

Absolutely. It simply takes a huge amount of extremely hard and amazingly smart work.

Probably not; selling lemonade is a good start for kids who are interested in business, but it's not a great long term plan.

It's not likely, but it's not impossible.