Entrepreneurs naturally want to work for themselves and are willing to take risks. But what you don’t see, is their journeys of how they got to where they are today. Many people become famous entrepreneurs because of their commitment and passion to bring something novel to the market. Check out 2022’s top entrepreneurs and their stories here.
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Who Are 2022’s Top Entrepreneurs
Elon Reeve Musk is a well-rounded entrepreneur who was the co-founder of the payment system PayPal. He is currently the founder, CEO and head designer of SpaceX, co-founder, CEO and product architect of Tesla, and founder of The Boring Company. Musk takes risks and sees potential in many companies. Upon getting $180 million from his PayPal acquisition, he put $100 million in SpaceX, $70 million in Tesla, and $10 million in Solar City.
In April 2020, Musk offered to buy the social media site Twitter. For which he offered approximately $42 billion. His reasoning behind the offer was that he felt as though Twitter doesn’t live up to its potential for free speech. “I hope that even my worst critics remain on Twitter because that is what free speech means.” In August 2022, Musk filed a countersuit accusing Twitter of fraud over their deal – this is still an ongoing case of Elon Musk Vs Twitter.
2022 has made Elon Musk a famous entrepreneur and the richest man in the world with a net worth of €221.3 billion. If there was one thing you should take away from Elon Musk’s entrepreneurial journey, don’t be afraid to take risks. Because if something is worth pursuing, don’t think of the possible failure. Instead, take a chance on it, and you never know, maybe you could be the next Elon Musk.
Jeffery Preston Bezos is a media mogul, investor, entrepreneur, computer engineer and commercial astronaut. He is the founder and CEO of the online retailer Amazon. After graduating from Princeton University in 1986, he worked on Wall Street from 1986-1994 in various yet related disciplines.
In 1994, Bezos created Amazon. During the early stages of Amazon, it was an online bookshop, but today, it offers much more.
In 2018, Bezos earned the title of “richest man in modern history as his net worth surpassed $150 million”. Amazon is the most successful and largest online retailer in the western world today.
As of 2022, Jeff Bezos net worth is about €136 billion. A lesson any entrepreneur can take from Jeff Bezos is that you can start small and grow as time goes on.
The famous entrepreneur behind Facebook. The site was created in 2004 and grew massively over the years, in 2008, Facebook became the most-visited social media site. In May 2012, Zuckerburg went public with the business and most of the shares. He was named the youngest self-made billionaire in the world in 2007 at the age of 23.
Forbes listed Zuckerburg as the tenth most powerful person in the world in December 2016. As a famous entrepreneur, Zuckerburg didn’t chase money, he said,
“My goal was never to just create a company. A lot of people misinterpret that as if I don’t care about revenue or profit or any of those things. But what not being ‘just’ a company means to me is building something that actually makes a huge change in the world.” So instead, he focused on creating a service that could improve people’s lives.
If you want to be an influential famous entrepreneur, you should aim to create products and services that can be impactful and change people’s lives. Mark Zuckerburg’s net worth is around €59.6 billion as of 2022.
Not only is she an American entrepreneur and philanthropist, but also a famous talk show host for The Oprah Winfrey Show (1986 – 2011). During her time, she interviewed many people, from all different backgrounds and struggles. She used her fame to bring awareness to social problems and current events. In 1987, she founded the Oprah Winfrey Charitable Foundation. This foundation would be a way to support, inspire, empower, and educate families around the world. Today, she has been able to donate €393 million to her charity alone.
Winfrey has been known for her generosity and charisma. Oprah Winfrey is the most influential and famous entrepreneur in the world. As of 2022, she is worth about €2.4 billion. A lesson you can learn from Winfrey is that your personal brand matters.” Surround yourself only with people who are going to take you higher.” An entrepreneur should put not only their energy into developing their product or service but also into building their personal brand because your business can grow if people trust your brand.
With the launch of her Fenty Beauty makeup line, Robyn ‘Rihanna’ Fenty evolved into the ultimate famous entrepreneur. Rihanna experienced years of working with various brands in the cosmetics industry and noticed a void in the market for products that suited all skin types and tones and were light for the skin. So she launched Fenty Beauty, with the intention that “every woman everywhere would be included”. Fenty Beauty has outshone other high-profile makeup brands such as; Kylie Cosmetics, Urban Decay, NYX and more. Fenty Beauty was named Times magazine’s 25 Best Inventions in 2017.
As of June 2022, Rihanna was listed in Forbes as the youngest woman in the USA to become a self-made billionaire. She is also the first billionaire in her native country, Barbados. Rihanna’s network is €1.38 billion. What can you learn from Rihanna’s journey? Let your passions and dreams guide the way. Passion is a must. You should let your passion guide the way to your success. You can become a famous entrepreneur by having the right attitude and drive for your passion.
Tory Burch is a fashion designer, businesswoman, and CEO of the brand Tory Burch. Burch was listed 88th most influential woman in the world by Forbes in 2020. Her fashion brands generate 1.5 billion dollars in annual revenue, which is €12.28 billion. Burch is a famous entrepreneur because of her diligent work and dedication. Hard work and dedication are linked with enjoying the journey, which she does. So that means you should also enjoy the journey as an entrepreneur. Because you’ll be at your happiest when you have achieved what you wanted if you were enjoying the entire journey. So make sure you enjoy every moment of the journey, good or bad, as it will lead you to a more pleasant experience.
Characteristics of 2022’s Top Entrepreneurs
Everyone aspires to be a famous entrepreneur, but the majority worry that they aren’t cut out to be one. There are few traits that can be found in famous entrepreneurs.
Here are 7 characteristics that famous entrepreneurs should nurture:
Think out of the box. Without creativity, innovation will not be achieved. Entrepreneurs have a lot of ideas but not every idea will be a hit.
Creativity does not only mean finding new ideas but coming up with solutions to problems. It gives entrepreneurs the chance to devise new products for similar or new markets.
Professionalism is a trait that all entrepreneurs should possess. With professionalism comes reliability and discipline that each famous entrepreneur has. Having self-discipline has allowed famous entrepreneurs to thrive in their career fields and set an example for everyone else. Reliability interlinks with trust. Trust is what entrepreneurs need to gain from employees so that they can remain motivated and willing to do their best.
Risk-taking is an important trait for every entrepreneur. If famous entrepreneurs were afraid to explore the unknown, then they wouldn’t be where they are today. Risk-taking means using unorthodox methods and investing ideas. Not to mention, entrepreneurs who have achieved fame have invested their energy, time and money in their ideas.
Every entrepreneur should at least have knowledge of their industry. Especially in case of a crisis because then they would know how to find a solution. Having complete knowledge would give entrepreneurs the advantage of knowing about any new developments and requirements of the market. Any top entrepreneur should always try to increase their knowledge, hence why they will always be learners.
Planning is considered the most significant step for any entrepreneur, famous or not. Without planning, everything can fall apart. Planning is about strategizing the whole idea or business ahead of time. In the planning stage, you sum up all the sources you are going to use so that there is a structure on how you will achieve your goal.
Everything you do to become an entrepreneur should include passion. So whatever you do, make sure you enjoy it. Passion is a driving force that keeps you motivated to do better. Many entrepreneurs put in long hours to make a difference with their businesses.
Entrepreneurs should be accepting. Having an open-minded attitude can be beneficial in the long hall for them. As it will grow motivation and get them ready for the unexpected. Being an open-minded famous entrepreneur lets you look at your faults humbly.
Being a famous entrepreneur is about taking risks, working extremely hard, and having passion, and commitment. It should not matter what field you are in, if you want to be a successful entrepreneur then allow yourself to be inspired by those others that are already doing so well. And feed off their experiences to help start your own.