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Consequently, Rockefeller became the country's first billionaire, with a fortune worth nearly 2% of the national economy. [7] His personal wealth was estimated in 1913 at $900 million, which was almost 3% of the US gross domestic product (GDP) of $39.1 billion that year. [8]
A billionaire is a person with a net worth of at least ... The American oil magnate John D. Rockefeller became the world's first confirmed U.S. dollar billionaire in ...
The second-richest person in terms of wealth compared to contemporary GDP is a subject of dispute. While most sources attribute this status to Andrew Carnegie, others argue that it could be Bill Gates, Cornelius Vanderbilt I, John Jacob Astor IV, or Henry Ford. Determining the lower ranks is an even more contentious debate.
A little over a century ago, in 1916, legendary robber baron John D. Rockefeller became the world's first billionaire -- probably. Before the age of computerized records and the internet, measuring...
On Sept. 29, 1916, newspapers across the country announced a wealth milestone once thought to be unreachable: the world’s first billionaire.
A record of 2,208 billionaires were in the ranking and the total wealth was $9.1 trillion, up 18% since 2017. For the first time, Jeff Bezos was listed as the top billionaire due to Amazon's rising stock price that resulted in one person's biggest one-year gain in wealth ($35 billion) since Forbes started tracking in 1987. [16]
As it turns out, unlike Mark Zuckerberg, not all of today's wealthiest entrepreneurs saw such success at a young age.
As of 2024, five music artists have reached the billionaire status on Forbes reports: Jay-Z leading the list with US$2.5 billion, and becoming the first billionaire music artist, followed by Taylor Swift, the first billionaire with music as the primary income, and Rihanna, the first female artist to become a billionaire.