Those born in October most likely to become a billionaire, says research (2024)
What makes a billionaire? Money, you think, obviously. But apart from grit, hard work, determination, there is a fair amount of fate at play too – work hard as one might, such riches are beyond most. Nevertheless, there’s some news for you – good or bad, you decide. If recent research is to be believed – if you are an Aries or Libra man of 65 years, born in the US, who has studied at Harvard University, made his wealth in tech, and does not wear glasses – you have a great shot at being a billionaire!
Online betting site Time2Play examined some of the common traits of the 50 richest people to identify which traits make a billionaire.
For instance, if you are an Aries or a Libra, then you have the best chance of being a billionaire among the zodiac signs. The site found that of the 50, eight billionaires came from Aries and Libra each, while five from Leo and Scorpio, three from Aquarius, Cancer, Capricorn, Gemini, Pisces, and Virgo each, and two from Taurus. None of the billionaires were Sagittarians.
If you want a month-wise breakup then, the highest number of billionaires, at 11, were born in October, followed by five each in August and June, four each in January, February, March, April and September, three in May, two in July and one in November. No billionaires were born in December.
Four of the 50 billionaires were born in 1957, three each in 1948, 1949, 1951, 1962, 1964, and 1971. One each was born in 1930,1938, 1940, 1953, 1954, 1955, 1956, 1980, 1983 and 1984.
When it came to the place of birth, the US produced 19 billionaires, followed by China at 11, France with 5, Germany with 3, Japan with 2, and one each in Canada, India, Israel, Italy, Mexico, Russia, South Africa, Spain, Ukraine and Yemen.
Hangzhou (3), Detroit (2), Newport (2) and Paris (2) produced the most number of billionaires.
Six of the world’s billionaires dropped out of university, the report added. But of the ones with degrees, four attended Harvard University, followed by Princeton University, University of Arkansas, and University of Pennsylvania that were attended by two billionaires each.
The research took into account the Forbes 2021 list of the 50 richest people.
According to one new study, babies born in October are more likely to be billionaires. Tombola, a UK based bingo site, analyzed the birth dates of some of the world's most academic, generous and famous people. Some billionaires born in October? Bill Gates, Roman Abramovich, Sir Jim Ratcliffe and Ralph Lauren.
' But if you're concerned that you just missed the cutoff, Coupon Follow says not to worry because October was likewise found to be the most popular birth month for billionaires.
If you want a month-wise breakup then, the highest number of billionaires, at 11, were born in October, followed by five each in August and June, four each in January, February, March, April and September, three in May, two in July and one in November. No billionaires were born in December.
As of 2022, a majority of the world's billionaires had earned their wealth themselves. Nearly 2,000 of the total 3,194 billionaires worldwide that year had earned their fortune this way. Meanwhile, 317 billionaires had inherited their wealth.
The average billionaire is 66, and the oldest person in the ranks is 102. Still, a select few have gotten super-rich super young. This year, the 25 youngest people on the Forbes' World's Billionaires list are all 33 or younger. Together they are worth $110 billion.
Some billionaires born in October? Bill Gates, Roman Abramovich, Sir Jim Ratcliffe and Ralph Lauren. In terms of a particular day, the study found that October 13th may have an edge when it comes to financial success. And it's not just billionaires, some successful artists also have October birthdays.
Global medical surveys also find that October babies tend to live longer than those born in other months — the Journal of Aging Research has found that people born in the fall (September through November), have a greater chance of living to see the 100-year mark. October birthdays also bring strong mental health.
Libras make up 12% of the world's billionaires. Ruled by Venus and represented by the divine scales of Justice, Librans have a strong sense of aesthetics and a weakness for things they can't afford.
Millionaires — those who have a net worth of at least $1 million —are, perhaps not surprisingly, on the older end. They're predominantly 55 and older; just 2.4% are under the age of 35.
Self discipline (i.e., regular investing and living below one's means) are key factors. The average age of millionaires is 57, indicating that, for most people, it takes three or four decades of hard work to accumulate substantial wealth. Research was conducted by the authors, Thomas Stanley, Ph. D., and William D.
Of the 3,194 billionaires in the world in 2022, only 12.5 percent were women, meaning that there were 399 billionaires worldwide. Whereas male billionaires tend to be self-made, 45 percent of the female billionaires in 2020 had inherited their fortune.
Eight-year-old Charlotte is the wealthiest royal grandchild and the richest child in the world, with an estimated net worth of £3.9 billion ($5 billion).
The 25 youngest people on the Forbes' World's Youngest Billionaires of 2024 list are all 33 or younger and worth $110 billion together. Some are self-made, but for the first time in more than 15 years, every billionaire under 30 inherited their fortune.
The average IQ of self-made deca-millionaires (over $10M net worth) is 118. The average IQ of self-made* billionaires is 133. The average IQ of self-made deca-billionaires (over $10B net worth) is 151. Of note, average incomes correlate well with IQ, however there is a much lower correlation between IQ and net wealth.
Warren Buffett is one of the most successful investors ever, but the “Oracle of Omaha” didn't get there overnight. In fact, about 99% percent of his wealth was created after his 50th birthday.
See why October is the most successful birth month and which ones are close behind. It's no surprise that expecting parents like to imagine every possible detail—every what-if—of their baby-to-be.
Those born in the first month of the year are also more likely to become CEOs. One study found that 10 percent of CEOs were born in the month of January. (However the highest honors went to March with 12.5 percent of CEOs.)
Children born in November were fitter and more powerful than those born at other times, particularly the summer months (April, May and June). October-born children were stronger than those born in all months except September and November.
Article continues after video. Researchers found that babies born in March or April are more likely to eventually become CEOs than those with June or July birthdays. The month in which you're born apparently has "a long-lasting influence on career success."
Introduction: My name is Carlyn Walter, I am a lively, glamorous, healthy, clean, powerful, calm, combative person who loves writing and wants to share my knowledge and understanding with you.
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