By Stephen Loke
The richest inventors are people who have created something that is extremely popular and are used by millions (and sometimes billions) of people. Their inventions have revolutionized our world and in the process, they have amassed a huge fortune.
There are many people who have come up with great inventions. But what makes the people on this list super rich are the fact that they have create something that are:
So, if you are thinking of becoming a millionaire or billionaire through something that you invented make sure you pass the above criterias. Anyway, here's one thought for you to digest:
"If you want to be super rich, invent something that will be used by hundreds of millions of people"
We have all watched shows like Shark Tank, that give people the opportunity to get money to fund their nifty inventions. I think there is a world full of innovators out there, each with the belief that their idea is a million dollar idea that will have them set for life. While tens of thousands of inventions hit the scene every year, the truth is that most aren't successful. With that being said, many do succeed and become top earners. Take a look at the world’s richest inventors and you will agree that innovation and creation really pays off.
As you go through the list you will realize one thing. Most of the top richest inventors in the world have something to do with the internet. Remember, the first criteria? These billionaires are able to leapfrog many other conventional billionaires because the internet enables their product to be used by an unending horde of users.
My 5 cent worth of thought is this "Those who know how to embrace the power of the internet will be the next generation of people who will gain great riches at breakneck speed".
Many have credited Bill Gates as a rich businessman an owner of Microsoft. But the richest man on earth would not have reach the status he is currently enjoying if he hadn't invented an operating system called Windows. Today, the market share that Microsoft has in the desktop, laptop and netbook category is about 90.99%. Despite the invention of android OS on mobile phones and tablets, people still feel that Windows offer the best solution for desktops and laptops category. 9 out of 10 new laptops/desktops that is purchased need to buy Microsoft's OS. Clearly with such a recurring need from consumers and a global customer base, Gates will be the richest inventor in history for a very long time.
When you think of Google, the first person that comes to mind is the super rich Larry Page and his co-inventor Sergey Brin. The market share of the giant search engine is 68% of all internet users. That means 2/3 of all people who use the internet use Google to get the information they want. The brilliance behind this invention is that the founders of Google offers a search tool for free but generate billions in ad revenues each year.
The partner of Larry Page, Sergey Brin help to create the search engine that we all use today. The reason why Google has done so well is because they put the needs of users first. Offering the best search results that beats out other competitors, Page and Brin's creation continues to generate wealth for the dynamic duo.
With 1.23 Billion users, yes it's more than a billion users, Facebook is the greatest, largest, most active, most used, most dynamic and (most spammed) social website out there. In the early days of the invention, investors were concerned about the revenue generation ability of this company. But lately, Zuckerberg has focused his energy to monetize from his creation. As a result, Facebook ads have generated quite a handsome profit for the company. Facebook earned $1.5 Billion in profit in 2013 alone. Not bad for a site that does nothing but connect people from all over the world.
Jeff Bezos, the founder of Amazon created one of the first marketplace for buying and selling books online. Today, Amazon is the leading online retailer in the world which not only sell books. The company has branched out to include almost anything that you can think of that you want to buy or sell. You name it and Amazon probably has it.
I LOVE Ferrero Rocher! But I never thought that big money could be made from selling chocolates. I guess i was wrong. Michele Ferrero and family earned $20 billion dabbling in the chocolate business. The company is home to brands such as Ferrero Rocher and Kinder Chocolate. If these Ferrero brands don't make your mouth water, the inventor has made Nutella a household brand. I know way too many people that can eat the stuff straight out of the jar.
It’s all about Mr. Benjamin baby. Mr. Franklin not only graces the front of the hundred dollar bill, but he ran to the bank collecting over $10 billion in his lifetime. If you thought he was only one of the founding fathers of the United States, you would be wrong. Franklin not only made strides in the field of electricity, he invented the furnace and the odometer.
Ralph Lauren not only graces our man’s bottom with his comfy briefs and boxer shorts, the inventor came up with the Polo shirt which is how he got to earn over $7.5 billion dollars.
See Also : How Ralph Lauren Made $7 Billion
What started as a simple and free messaging service has brought in billions for its creator Jan Koum. This is one of the most amazing invention story where the inventor went from rags to riches. Jan Koum did not sell any ads on Whatsapp and intend it to be ad free and a simple tool for people around the world to communicate with each other. Without any ad revenues one would think that the venture would be a failure. However, the growing legions of users which now has grown to over 500 Million, attracted the attention of Mark Zuckerberg. Faceook bought Whatsapp for about $19 Billion and Jan Koum became $6,8 Billion richer overnight.
These inventors gave us wings by creating the popular brand Red Bull. With such a great product at hand and millions of consumers, these inventors are flying all the way to the bank earning $6 Billion each.
James Dyson is famous for inventing the Dyson vacuum cleaner. The bagless vacuum cleaner has revolutionized the way housewives clean our homes. They no longer need to deal with the aweful bags that conventional vacuum cleaner has. Before getting his billion dollar idea into your homes, the inventor tried and tried again. He was said to have made over 5,000 attempts before coming up with the right design, technology and performance he wanted for this perfect model. Dyson is also famous for giving us the bladeless fan. His invention has benefited households all around the world and at the same time made the inventor super rich too!
Riegel comes in at number 5, earning $3 billion for his invention "the Gummy Bear". Kids and (older people) love to chew the sweet bears. It's probably your kid brother’s favorite snack, and why shouldn't it be? The inventor not only came up with the gummy bear, but invented over 200 other sweets.
When we talk about Ty Warner, you may not immediately know who he is, but his invention is on the top of all our minds. Warner made billions off the Beanie Baby. The stuffed bean bag toy has been around for as long as we can remember, earning the inventor $2.3 billion.
Polegato comes in at number 14, with a reported $1.8 billion in his bank account. Most of you won't know this inventor by name; however I am sure you are familiar with his invention. As the owner of Geox, he developed a solution for stinky feet. No, he didn't need any harsh chemicals to do the job, just a good sole with holes in them that allow the shoe to breath.
Hughes earned $1.9 billion for his invention “Public Storage” He invented public storage, after a brief stop during a road trip to a full warehouse.
The inventor of the light bulb is perhaps the greatest inventor in the world. Edison is said to have held more than 1,000 patents, and left a mark on the world of electricity. Not only is he known for his invention of the light bulb, he also invented the phonograph and the electric car. The inventor earned $178 million in his lifetime.