Posted by In recent years, we’ve seen a significant increase in the number of billionaires around the world. These individuals have managed to amass incredible wealth through various industries, ranging from technology to entertainment. In this article, we’ll take a look at some of the newest billionaires and how they made their money.
- Mark Schneider – CEO of Nestle Mark Schneider is a Swiss business executive and the current
CEO of Nestle. Schneider took the helm at Nestle in 2017, succeeding Paul Bulcke. He has a degree in economics from the University of St. Gallen and an MBA from Harvard Business School. Before joining Nestle, Schneider was the CEO of the German healthcare company, Fresenius Group. At Nestle, Schneider has been instrumental in expanding the company’s portfolio to include more health and wellness products. He has also emphasized sustainability and has set ambitious targets for Nestle to reduce its greenhouse gas emissions. 
Shahid Khan – Owner of the Jacksonville Jaguars and Fulham Football Club Shahid Khan is a Pakistani-American billionaire and businessman who made his fortune in the automotive industry. He is the owner of Flex-N-Gate, a leading automotive parts manufacturer that he founded in 1980. Khan’s net worth is estimated to be around $7.2 billion. In addition to his automotive business, Khan is also the owner of the Jacksonville Jaguars, an NFL team, and the Fulham Football Club, a soccer team in England’s Premier League.
Kylie Jenner – Founder of Kylie Cosmetics Kylie Jenner is an American reality TV personality, social media influencer, and entrepreneur. She is best known for her role on the reality TV show “Keeping Up with the Kardashians.” In 2015, Jenner founded Kylie Cosmetics, a beauty brand that initially launched with a line of lip kits. The brand’s success skyrocketed after a few viral makeup launches and collaborations with other celebrities. Kylie Cosmetics is now valued at over $900 million and Jenner’s personal net worth is estimated to be around $1.2 billion.- Kanye West – Rapper, producer, and fashion designer Kanye West is a rapper, producer, and
fashion designer who has been in the public eye for over two decades. West began his music career as a producer, working with Jay-Z and other high-profile artists before launching his own solo career. He has released several critically acclaimed albums and has won numerous awards for his music. In addition to his music career, West has also launched several fashion lines, including Yeezy, a collaboration with Adidas. He has also dabbled in other business ventures, including a chain of Fatburger restaurants. - Rihanna – Singer, actress, and entrepreneur Rihanna is a Barbadian singer, actress, and entrepreneur who has sold over 250 million records worldwide.
She is also known for her successful acting career, which includes roles in films such as “Battleship” and “Ocean’s 8.” In addition to her entertainment career, Rihanna has also launched several business ventures. She founded Fenty Beauty, a cosmetics brand that has been widely praised for its inclusivity and diversity. She also launched Savage X Fenty, a lingerie line that emphasizes body positivity and inclusivity. Rihanna’s personal net worth is estimated to be around $2.3 billion, making her one of the wealthiest female musicians in the world. - Jay-Z, born Shawn Corey Carter, is a rapper, entrepreneur, and record executive. He is one of
the most successful and influential musicians of all time. Jay-Z’s net worth is currently estimated at $1.4 billion, making him one of the world’s wealthiest musicians. Jay-Z’s journey to success started in the 1990s when he began his music career. He then launched his own record label, Roc-A-Fella Records, which signed some of the biggest names in hip-hop, including Kanye West and Rihanna. In addition to music, Jay-Z is also a successful businessman. He has investments in various companies, including Uber, Ace of Spades champagne, and Tidal, a music streaming service.
- Tailor Swift: Taylor Swift is an American singer-songwriter who has a net worth of $365 million. She is one of the most successful musicians of all time, with numerous accolades and awards to her name, including 11 Grammy Awards.
Swift started her music career at a young age and quickly gained popularity with her country-pop style. She has since expanded her musical horizons and has become a pop icon. Apart from music, Swift is also a savvy businesswoman. She has endorsement deals with several high-profile companies, including CoverGirl, Keds, and Diet Coke. Additionally, she has invested in various properties and owns a stake in the music streaming service, Tidal. - Ryan Cohen: Ryan Cohen is an American entrepreneur and investor. He is the co-founder of Chewy, a popular online pet supply retailer. In 2021, Cohen’s net worth is estimated to be $11.5 billion.
Cohen started Chewy in 2011 with his partner Michael Day. The company grew quickly and was acquired by PetSmart for $3.35 billion in 2017. Cohen left Chewy in 2018 but retained a stake in the company. He then turned his attention to investing and has made several successful investments in companies such as GameStop, which earned him a fortune in 2021. - Tobi Lutke: Tobi Lutke is a German-born entrepreneur and the founder of Shopify, an e-commerce platform. Lutke’s net worth is currently estimated at $10 billion.
Lutke’s journey to success started when he co-founded Shopify in 2006. The company has since become one of the most successful e-commerce platforms in the world, with millions of users across the globe. In addition to Shopify, Lutke has invested in various companies, including Tesla, and is a strong advocate for clean energy. - Trevor Milton is an American entrepreneur and the founder of Nikola Corporation, a company that produces zero-emission vehicles. In 2021, Milton’s net worth was estimated to be $1.1 billion.Milton founded Nikola Corporation in 2015 with a vision to create a zero-emission trucking industry. The company has since become a leader in the industry, with partnerships with major companies such as General Motors. However, in 2020, Milton resigned from the company amidst allegations of fraud, which caused the company’s stock to plummet.
In conclusion, these newest billionaires have made their fortunes through hard work, innovation, and determination. Whether it’s through music, e-commerce, or clean energy, these individuals have had a significant impact on their respective industries and continue to inspire others to pursue their dreams.