20 quotes from self-made billionaires that will change your outlook on money (2024)

Table of Contents
"I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful." — Warren Buffett, chairman and CEO of Berkshire Hathaway "There are very few people in the world who get to build a business like this. I think trading that for some short-term gain isn't very interesting." — Evan Spiegel, CEO of Snap Inc., on not selling to Facebook "The reason I've been able to be so financially successful is my focus has never, ever for one minute been money." — Oprah Winfrey, business magnate "And I think the more money you put in people's hands, the more they will spend. And if they don't spend it, they invest it. And investing it is another way of creating jobs. It puts money into mutual funds or other kinds of banks that can go out and make loans, and we need to do that." — Michael Bloomberg, CEO of Bloomberg LP "If we were motivated by money, we would have sold the company a long time ago and ended up on a beach." — Larry Page, Google cofounder and former CEO of Alphabet Inc. "I can understand wanting to have millions of dollars, there’s a certain freedom, meaningful freedom, that comes with that. But once you get much beyond that, I have to tell you, it's the same hamburger." — Bill Gates, cofounder of Microsoft "When a small business grows like eBay did, it has a multiplier effect. It creates other small businesses that supply it with intellectual capital, goods, and services." — Meg Whitman, former CEO of Hewlett Packard Enterprise and current CEO of Quibi "I think frugality drives innovation, just like other constraints do. One of the only ways to get out of a tight box is to invent your way out." — Jeff Bezos, CEO of Amazon "You always hear the phrase, money doesn't buy you happiness. But I always in the back of my mind figured a lot of money will buy you a little bit of happiness. But it's not really true." — Sergey Brin, Google cofounder and former president of Alphabet Inc. "If you have less than $1 million, you know how to spend the money. [At] $1 billion, that's not your money. ... The money I have today is a responsibility. It's the trust of people on me." — Jack Ma, cofounder and former CEO of Alibaba Group "The financial markets generally are unpredictable. ... The idea that you can actually predict what's going to happen contradicts my way of looking at the market." —George Soros, investor and chairman of Soros Fund Management "As you start your journey, the first thing you should do is throw away that store-bought map and begin to draw your own." — Michael Dell, CEO of Dell Inc. "I never thought about becoming wealthy. It never crossed my mind. What really motivated me was to try to accomplish something." — Sheldon Adelson, chairman and CEO of Las Vegas Sands Corporation "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 not being just that — building something that actually makes a really big change in the world." — Mark Zuckerberg, CEO of Facebook "Wealth isn't the same thing as intelligence." — Larry Ellison, cofounder and CTO of Oracle "Being confident and believing in your own self-worth is necessary to achieving your potential." — Sheryl Sandberg, COO of Facebook "My philosophy is that if I have any money, I invest it in new ventures and not have it sitting around." — Richard Branson, founder of Virgin Group "Sweat equity is the most valuable equity there is. Know your business and industry better than anyone else in the world. Love what you do or don't do it." — Mark Cuban, entrepreneur "When it came rolling in, the money affected us all. Not much, and not for long, because none of us was ever driven by money. But that's the nature of money. Whether you have it or not, whether you want it or not, whether you like it or not, it will try to define your days. Our task as human beings is not to let it." — Phil Knight, cofounder of Nike "When I look back on whatever my past has been and the successes, my greatest rewards have been the people and the relationships that I've had. The money has been an accident. I mean, it's a good accident, but I happened to be playing a game that I love." — Ray Dalio, founder of Bridgewater Associates FAQs

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20 quotes from self-made billionaires that will change your outlook on money (1)

AP/Themba Hadebe
  • Anyone can build wealth, but your beliefs about money can affect how much wealth you'll build.
  • Just consider the world's self-made billionaires — they got where they are today because of their attitudes toward money and success.
  • These quotes about money from self-made billionaires are sure to inspire you.
  • Visit Business Insider's homepage for more stories.

20 quotes from self-made billionaires that will change your outlook on money (2)

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Building wealth is possible regardless of your financial situation or education. But your beliefs about money can play a huge role in whether or not you finish rich.

So why not look to those who have been there, done that for inspiration?

From investor Warren Buffett and entrepreneur Mark Cuban to tech mogul Jeff Bezos and media maven Oprah Winfrey, Business Insider rounded up quotations about money from self-made billionaires that will shift your perspective on business, investing, and success.

Many of their perspectives share a commonality: They don't measure success by the amount of money they make. Money isn't the end goal and it doesn't define them, but it's important to invest it wisely if you want to build more wealth down the road.

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Here's what some of the world's richest men and women have to say about money.

Emmie Martin contributed to an earlier version of this post.

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"I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful." — Warren Buffett, chairman and CEO of Berkshire Hathaway

20 quotes from self-made billionaires that will change your outlook on money (5)

Mario Tama/Getty Images

Source: Good Reads

"There are very few people in the world who get to build a business like this. I think trading that for some short-term gain isn't very interesting." — Evan Spiegel, CEO of Snap Inc., on not selling to Facebook

20 quotes from self-made billionaires that will change your outlook on money (6)

Steve Jennings/Getty

Source: CNBC

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"The reason I've been able to be so financially successful is my focus has never, ever for one minute been money." — Oprah Winfrey, business magnate

20 quotes from self-made billionaires that will change your outlook on money (7)

Mark Metcalfe/Getty Images

Source: Entrepreneur

"And I think the more money you put in people's hands, the more they will spend. And if they don't spend it, they invest it. And investing it is another way of creating jobs. It puts money into mutual funds or other kinds of banks that can go out and make loans, and we need to do that." — Michael Bloomberg, CEO of Bloomberg LP

20 quotes from self-made billionaires that will change your outlook on money (8)

REUTERS/Tyrone Siu

Source: Google Books

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"If we were motivated by money, we would have sold the company a long time ago and ended up on a beach." — Larry Page, Google cofounder and former CEO of Alphabet Inc.

20 quotes from self-made billionaires that will change your outlook on money (9)

Kimberly White/Getty Images

Source: Time

"I can understand wanting to have millions of dollars, there’s a certain freedom, meaningful freedom, that comes with that. But once you get much beyond that, I have to tell you, it's the same hamburger." — Bill Gates, cofounder of Microsoft

20 quotes from self-made billionaires that will change your outlook on money (10)

Thierry Chesnot/Getty Images

Source: MSN

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"When a small business grows like eBay did, it has a multiplier effect. It creates other small businesses that supply it with intellectual capital, goods, and services." — Meg Whitman, former CEO of Hewlett Packard Enterprise and current CEO of Quibi

20 quotes from self-made billionaires that will change your outlook on money (11)

AP

Source: Economic Times

"I think frugality drives innovation, just like other constraints do. One of the only ways to get out of a tight box is to invent your way out." — Jeff Bezos, CEO of Amazon

20 quotes from self-made billionaires that will change your outlook on money (12)

Chip Somodevilla/Getty

Source: Investopedia

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"You always hear the phrase, money doesn't buy you happiness. But I always in the back of my mind figured a lot of money will buy you a little bit of happiness. But it's not really true." — Sergey Brin, Google cofounder and former president of Alphabet Inc.

20 quotes from self-made billionaires that will change your outlook on money (13)

Steve Jennings/Getty Images

Source: via Janet Lowe's book "Google Speaks: Secrets Of The World's Greatest Billionaire Entrepreneurs, Sergey Brin And Larry Page"

"If you have less than $1 million, you know how to spend the money. [At] $1 billion, that's not your money. ... The money I have today is a responsibility. It's the trust of people on me." — Jack Ma, cofounder and former CEO of Alibaba Group

20 quotes from self-made billionaires that will change your outlook on money (14)

Andrew Burton/Getty Images

Source: Business Insider

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"The financial markets generally are unpredictable. ... The idea that you can actually predict what's going to happen contradicts my way of looking at the market." —George Soros, investor and chairman of Soros Fund Management

20 quotes from self-made billionaires that will change your outlook on money (15)

AP Photo

Source: Investopedia

"As you start your journey, the first thing you should do is throw away that store-bought map and begin to draw your own." — Michael Dell, CEO of Dell Inc.

20 quotes from self-made billionaires that will change your outlook on money (16)

Jack Plunkett/AP Images for Dell, Inc.

Source: Entrepreneur

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"I never thought about becoming wealthy. It never crossed my mind. What really motivated me was to try to accomplish something." — Sheldon Adelson, chairman and CEO of Las Vegas Sands Corporation

20 quotes from self-made billionaires that will change your outlook on money (17)

AP

Source: Jewish Press

"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 not being just that — building something that actually makes a really big change in the world." — Mark Zuckerberg, CEO of Facebook

20 quotes from self-made billionaires that will change your outlook on money (18)

REUTERS/Robert Galbraith

Source: Entrepreneur

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"Wealth isn't the same thing as intelligence." — Larry Ellison, cofounder and CTO of Oracle

20 quotes from self-made billionaires that will change your outlook on money (19)

Kimberly White/Getty Images

Source: Chicago Tribune

"Being confident and believing in your own self-worth is necessary to achieving your potential." — Sheryl Sandberg, COO of Facebook

20 quotes from self-made billionaires that will change your outlook on money (20)

Reuters

Source: Good Reads

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"My philosophy is that if I have any money, I invest it in new ventures and not have it sitting around." — Richard Branson, founder of Virgin Group

20 quotes from self-made billionaires that will change your outlook on money (21)

Vincenzo Lombardo/Getty Images

Source: Thrillist

"Sweat equity is the most valuable equity there is. Know your business and industry better than anyone else in the world. Love what you do or don't do it." — Mark Cuban, entrepreneur

20 quotes from self-made billionaires that will change your outlook on money (22)

Jin S. Lee

Source: Inc.

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"When it came rolling in, the money affected us all. Not much, and not for long, because none of us was ever driven by money. But that's the nature of money. Whether you have it or not, whether you want it or not, whether you like it or not, it will try to define your days. Our task as human beings is not to let it." — Phil Knight, cofounder of Nike

20 quotes from self-made billionaires that will change your outlook on money (23)

Frederick M. Brown/Getty Images

Source: Good Reads

"When I look back on whatever my past has been and the successes, my greatest rewards have been the people and the relationships that I've had. The money has been an accident. I mean, it's a good accident, but I happened to be playing a game that I love." — Ray Dalio, founder of Bridgewater Associates

20 quotes from self-made billionaires that will change your outlook on money (24)

Reuters / Ruben Sprich

Source: CNBC

Read next

Billionaire Money Wealth

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20 quotes from self-made billionaires that will change your outlook on money (2024)

FAQs

What are 5 millionaire quotes? ›

Secrets of the Millionaire Mind Quotes
  • Rich people believe "I create my life." Poor people believe "Life happens to me."
  • Rich people play the money game to win. ...
  • Rich people are committed to being rich. ...
  • Rich people think big. ...
  • Rich people focus on opportunities. ...
  • Rich people admire other rich and successful people.

How do most self made billionaires make their money? ›

The great wealth of America's richest people came from the businesses they created, not inherited wealth. Billionaires' wealth is concentrated in company stock, and their companies' value lies mostly in ideas and processes, not cash and physical property.

What do billionaires say about money? ›

Probably the most quotable of all billionaires, I found this one to be the most life changing: “If you don't find a way to make money while you sleep, you will work until you die.”

Why billionaires are good for the economy? ›

But the same logic can be applied to billionaires from any professional background. For example, Wall Street titans create value by efficiently allocating capital throughout the economy. Over time, this lowers costs and spurs productivity and innovation, all of which benefit millions of households and businesses.

What is a special quote about money? ›

Ayn Rand: “Money is only a tool. It will take you wherever you wish, but it will not replace you as the driver. It will give you the means for the satisfaction of your desires, but it will not provide you with desires.” Epictetus: “Wealth consists not in having great possessions, but in having few wants.”

What are some Rich quotes? ›

No man is rich enough to buy back his past. The rich will do anything for the poor but get off their backs. If we command our wealth, we shall be rich and free; if our wealth commands us, we are poor indeed. To get rich, you have to be making money while you're asleep.

Are most billionaires white? ›

The 1,645 billionaires in the world control about $6.4 trillion in assets. There are 492 billionaires in the United States. China, Russia, Germany, and Brazil have the next highest number of billionaires. 90 percent of billionaires are male; 65 percent are white; 60 percent are 60 years old or older.

How many self-made billionaires under 30? ›

Research by Forbes magazine found there were 15 billionaires aged 30 or under but that none had created their own wealth, instead benefitting from huge inheritances.

Who is the youngest billionaire? ›

Clemente Del Vecchio

Clemente was at one time the world's youngest billionaire (at the age of 18), but he has since aged out of that title, which is now held by Livia Voigt.

What makes billionaires happy? ›

Billionaires love what they do. They enjoy their business and the industry they're in. Naturally, this makes you happier than having to do what you don't like. And billionaires are free in the sense that they work not because they have to, but because they like doing it and find it important.

What is the best motivational quote success? ›

"There are no secrets to success. It is the result of preparation, hard work, and learning from failure." — Colin Powell. "Strive not to be a success, but rather to be of value."

What is the best advice by a billionaire? ›

Even if you're wealthy, don't take anything for granted.

You may think that if you had more money, you'd stop worrying about your spending. That might be why you're not a billionaire (yet). Many of these folks, even those who had inherited much of their wealth, kept their eye firmly on the bottom line.

What do billionaires focus on? ›

The billionaires of the world have become wealthy by using and developing resources, and by satisfying needs and wants of a population. Many of them have set up businesses or corporations which employ thousands of people and sell goods or services to millions of people.

What motivates billionaires to keep working? ›

Billionaires often possess a fearless entrepreneurial spirit that keeps them engaged in the business world. They thrive on challenges and see setbacks as opportunities to learn and grow. Jeff Bezos's audacity to start Amazon in his garage, despite the risks, showcases this entrepreneurial drive.

What inspires billionaires? ›

It's ego/passion/enjoyment/expectations. Billionaires who continue working, do it because that's what they want to do, and not because it gives them money.

What was Andrew Tate's famous quote? ›

Success is a product of consistency. It's not about doing something once; it's about doing it over and over until you master it.”

What is a Rich man quote? ›

A rich man is nothing but a poor man with money. I tell you the truth, it is hard for a rich man to enter the kingdom of heaven. Again I tell you, it is easier for a camel to go through the eye of a needle than for a rich man to enter the kingdom of heaven.

What is the Rich stay Rich quote? ›

Broke people stay broke by living like they're rich.

What is a good sentence for millionaire? ›

He is a self-made millionaire. make sb/become a millionaire Her company made her a millionaire.

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