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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2020-09-16T22:31:00Z

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.

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

"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

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

FAQs

What is 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.

Who is the most successful self-made billionaire? ›

  • Steve Ballmer. As the former CEO of Microsoft, Steve Ballmer is the richest self-made billionaire on this list with a net worth of $101 billion. ...
  • Sergey Brin. Valued at $92.6 billion, Sergey Brin is the co-founder of Google's parent company Alphabet. ...
  • Mark Zuckerberg. ...
  • George Soros. ...
  • David Steward.
Apr 19, 2023

What is a famous quote about money? ›

A wise man should have money in his head, but not in his heart. A fool and his money are soon parted. It's all about the money. Money can't buy love, but it improves your bargaining position.

What are billionaire quotes? ›

20 Inspiring Quotes About Money From The Richest Billionaires
  • “If you are born poor it's not your mistake, but if you die poor its your mistake.”
  • “If you don't find a way to make money while you sleep, you will work until you die.”
Jan 29, 2019

Is $5 million cash rich? ›

Types of High-Net-Worth Individuals (HNWIs)

An investor with less than $1 million but more than $100,000 is considered to be a sub-HNWI. The upper end of HNWI is around $5 million, at which point the client is referred to as a very-HNWI. More than $30 million in wealth classifies a person as an ultra-HNWI.

What is money quotes by Robert Kiyosaki? ›

Intelligence solves problems and produces money. Money without financial intelligence is money soon gone.” “Rich people acquire assets. The poor and middle class acquire liabilities that they think are assets.”

Who is the most kindest billionaire? ›

1. Warren Buffett. Buffett has promised to donate more than 99% of his wealth.

Is Taylor Swift a billionaire? ›

Swift's inclusion comes after Forbes declared the singer a billionaire in October 2023 and reported her net worth at $1.1 billion. In a rare feat, Swift is the first musician to reach the milestone solely from songwriting and performing.

Who was the youngest billionaire ever? ›

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 is a powerful quote about being rich? ›

Not he who has much is rich, but he who gives much. We are rich only through what we give, and poor only through what we refuse. Wealth belongs to the person who enjoys it and not to the one who keeps it. It is not the man who has too little, but the man who craves more, that is poor.

What did Einstein say about money? ›

According to Einstein, “Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn't … pays it.” At first this quote might seem like a bit of an exaggeration but the math behind it shows that it is not.

What is Elon Musk's most famous quote? ›

When something is important enough, you do it even if the odds are not in your favor.

What did Bill Gates say about his wealth? ›

Being wealthy makes my life much more comfortable, but not more fulfilling,” wrote the co-founder of Microsoft (MSFT) and perennial placeholder on Forbes' list of World's Billionaires. He added that there were only three things in life he needed to feel satisfied: His family, his friends, and doing work that mattered.

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 millionaire pledge? ›

The organization's stated goal is to inspire the wealthy people of the world to give at least half of their net worth to philanthropy, either during their lifetime or upon their death. The pledge is a public gesture of an intention to give, not a legal contract.

What are rich people sayings? ›

14 Things Rich People Say
  • "Will we be seeing you in Antibes?"
  • "Buffy, what's an Uber?"
  • "I knew he was the real deal when he suggested we order a bottle of Château Lafite."
  • "Yes we downsized - we only have two vacation homes now."
  • "Fabulous, isn't it? ...
  • "You MUST come to our country house this spring."
Feb 18, 2015

What is the money loyalty quote? ›

Money is loyal and just. The more you revere it, the more it reveres you back.

When you hang out with 5 millionaires? ›

If you hang around with 5 millionaires, you will be the 6th. If you hang around with 5 idiots, you will be the 6th.” I had failed to surround myself with those who made me smarter, stronger, happier, and healthier.

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