How the rich became rich and successful

How the rich became rich

Many successful entrepreneurs were born in ordinary provincial cities, attended general schools and started working in the same companies as less affluent peers. But then what is the difference between these people, who now own large capital, from those who have difficulty controlling even their own budget?

What helps people get rich or how to get rich

• It’s not the one who has a lot of money who becomes rich, but the one who uses it rationally. He who earns 500 thousand and spends 300, in 5 years will be richer than he who earns 1 million and spends 900 thousand.

• Money should not be stored, but made to work. It’s not always about business. Investments in the stock market, expenses for improving personal skills and qualifications are also investments that are justified in the future.

• Time is a resource that you cannot buy and do not make up for. A rich person seeks to use every minute to develop himself and his business..

• Employment is usually always a limited income. Even being the best specialist in the industry, a person is constrained by the fact that he simply cannot physically work more than 24 hours a day.

• Risks and experiments are part of success. And sometimes – the main reason for separation from competitors.

• If you want to be rich – communicate with the rich. The circle of acquaintances defines goals and landmarks. Maintains a critical attitude towards yourself and your occupation.

How the rich became rich in Russia

Among the 30 richest people in Russia, according to Forbes, there is not a single person who inherited a fortune. Almost all of them began their business journey in the 1980s and 90s: they participated in cooperatives, speculated in consumer goods, and entered the shares of industrial enterprises they worked for..

The main sectors of the economy for the Russian rich are heavy or oil and gas industry, energy. In the first twenty, 11 businessmen have assets in metallurgy or engineering, 9 in petrochemicals or energy, 4 in telecommunications. Seven businessmen also invest.
The three leaders in Russia are opened by Vladimir Lisin, Chairman of the Board of Directors of NLMK. The future billionaire began his career as a steelmaker at the Tulachermet plant. Aleksey Mordashov, chairman of the board of directors of Severstal, takes second place. He was born and spent most of his life in Cherepovets. He graduated with honors from the Leningrad Engineering and Economics Institute, and after studying he returned to his small homeland and went to work as an economist at the Chelyabinsk Metallurgical Plant. Third place is occupied by Leonid Mikhelson – Chairman of the Board of PJSC Novatek. He is the son of a builder. He began his career as a foreman at the construction of the Urengoy-Chelyabinsk gas pipeline. There Leonid got up at six in the morning. At breakfast I could drink vodka. He had to work with a special contingent, which mainly consisted of former prisoners.

How the rich became rich in the world

Among the twenty richest people in the world, according to Forbes, there is not a single Russian. Two women are present – Alice Walton and Francoise Betancourt-Myers. Both inherited the business empire. Similarly, the “rich” Mukesh Ambani (the wealthiest man in India), Robson and Jim Walton, Charles and David Kokhi, Carlos Slim. True, none of them can be called burners of the bequeathed billions – companies under the control of these people thrive and develop.

The distribution by industry differs from Russia: IT and the Internet – 7 businessmen, retail – 6, telecommunications – 3. Only the brothers Kokhi and Mukesh Ambani are related to the oil and gas industry. But she is one of the areas of activity of their industrial holdings..

The first place in the ranking is taken by Jeff Bezos. Prior to creating his own business, he worked in a hedge fund, from where he quit in 1994 for the simple idea of selling books online. So Amazon was born. The second place belongs to Bill Gates. He, along with Paul Allen, created the world’s largest software maker – Microsoft Corporation. Third place – investor Warren Buffett. He made his first investment when he was 11 years old. With the money borrowed from his father, he bought three shares of Cities Service Preferred, then sold them at a higher price..

How to become rich from scratch? 5 success stories of famous Russian entrepreneurs

1. Pavel Durov

Despite the complex relationship of Pavel Durov with the Russian government, he remains an example of a Russian businessman who built an empire out of nothing. While studying at St. Petersburg State University, he created two non-profit Internet projects:

• discussion forum for students spbgu.ru
• library of scientific articles and abstracts durov.com

The third brainchild was the social network vkontakte.ru, launched in the fall of 2006. Pavel does not hide the fact that a friend who met in the USA on Facebook suggested the idea to him.

A year after the launch, the social network gained 3 million users, overtaking Odnoklassniki, in December 2007 – it became the second most visited Runet site after yandex.ru. Sent offers for sale, but the founders did not want to leave the portal – they transferred 24.99% to the DST fund, but retained control over the company.

Between Durov and shareholders, misunderstandings and disagreements arose over goals. In 2013, the crisis peaked – Pavel sold his 12% in the authorized capital, and in 2014, he left the post of CEO.

Now the main project of Pavel Durov is the Telegram messenger, which is used by more than 200 million people.

“Money is overestimated, because creation is much more interesting than consumption, and the internal state is incomparably more important than the external” – P. Durov

2. Evgeny Chichvarkin

Evgeny Chichvarkin is one of the most successful entrepreneurs in Russia in the 2000s. He built a huge network for the sale of mobile phones and be remembered for the unique style of doing business. Since childhood, Eugene tried to think outside the box, preferred to “climb over the fence, and not stand in line for the rink.” He studied well, but did not get into the Komsomol because of “uncontrollability”.

In high school, Eugene resold peers cigarettes “Cosmos”, nail polish, phonograph records. Then he drew attention to commission stores: he bought cheaply in some and gave them with a mark-up – to others.

Chichvarkin spent his student years at the Luzhnikovsky market, selling everything he could: clothes, shoes, chocolate bars, jewelry, razors. Already here he was distinguished by a non-standard approach – he laid out ironed things on the counter so that they looked better than those of competitors, dressed in a women’s dress for outrageous. Later, in Euroset, shocking became one of the main tools of a businessman.

In 1997, together with his friend Timur Artemyev, he launched Euroset. The assortment of the first point was made up of several models, but the brand grew rapidly due to three components:

• Advertising campaigns were extraordinary, “on the verge of a foul.” In one of them the following slogan was used – “Euroset prices are just oh.”.

• Euroset was aggressively expanding: coming to new cities, launching points in a few days, trying to instantly gain a foothold in prominent and crowded places.

• In Russia, the market for mobile devices and mobile communications.

In 2008, Chichvarkin and Artemyev sold the network to the investment company ANN for $ 300-400 million. Almost immediately, Eugene emigrated from Russia to London, where he still lives. Since 2012, he and Artemyev have a new business – the Hedonism Drinks Ltd wine project.

“Buying should be an adventure. The person should have something else, except for the goods. For anything in our urban world, a person is not ready to pay more than for impressions ”- E. Chichvarkin

3. Oleg Tinkov

Tinkov is another Russian who has been helped by his originality and flexible thinking to become a billionaire. The entrepreneurial mind manifested itself already in school years. Oleg noted that the distribution system of the economy in the USSR works strangely: hockey sticks are delivered to Tashkent, and mohair scarves are delivered to Dushanbe. As a cyclist, he bought these things during the training camp and resold them in Leninsk-Kuznetsk (Kemerovo region).

After the army, he entered the Leningrad Mining Institute, began to buy clothes, cassettes, perfumes from foreign students and sell them in his native Siberia with a mark-up three to four times. In his student years, Oleg met his wife Rina Vosman – they began to travel together to Poland and Germany for goods for resale.

In the 1990s, Tinkov was engaged in any business that could bring him money: he sold electronics, Darya dumplings, Tinkoff beer. The beer brand worked according to the revolutionary concept of “restaurant + brewery”.

In 2005, Oleg Tinkov bought out Khimmashbank and renamed it Tinkoff Credit Systems. To start, we managed to attract investments from Goldman Sachs, Blue Crest and Vostok Nafta. Today it is a large and well-known online bank in Russia, and Tinkov is the owner of a fortune of $ 2.2 billion..

“I have no unique talents. Diligence, stubbornness and a great desire are the main talents that every businessman should have ”- O. Tinkov

4. Evgeny Kaspersky

Eugene Kaspersky – engineer and programmer, creator of the famous brand of antivirus software. Fateful for him was a collision with a virus that turned out to be infected with a computer. At that time, Eugene studied at the Institute of Cryptography, Communications and Informatics at the Higher School of KGB. A talented student analyzed a malicious program and developed a way to counter.

After the institute and the army, Kaspersky worked in a closed research institute under the General Staff of the Russian Air Force. Here in 1994, he created the AntiViral Toolkit Pro, which quickly gained popularity. Three years later, AVP is a leading project in the field of cybersecurity, and Eugene is the main one in the team of the famous Laboratory. By 2008, the company’s turnover reached $ 60 million. Today, Eugene Kaspersky is the 70th in the list of the richest people in Russia. His fortune is $ 1.4 billion.

“The goal of my company is to save the world from computer villains. That’s probably all ”- E. Kaspersky

5. Arkady Novikov

Arkady Novikov made his way from a student at a culinary school, where he came almost by accident, to one of the most respected restaurateurs in Russia and the CIS. At the time of admission, he did not know how to cook, but in parallel with his studies, he worked in Moscow restaurants. In practice, Arkady found out how the best cuisines of the city are arranged. After was a chef in the “Olympic Lights”, “Havana” and “Victoria” in Gorky Park.

In the early 1990s, Arkady matured for the opening of his own restaurant “Sirena” on Bolshaya Spasskaya, in the building of the technical school. Under the terms of the lease for a nominal fee, he fed dinners to two hundred students. Two years later, in 1994, he opened a second restaurant – Club T. The founder personally worked out the whole concept – from the menu to the interior.

Novikov continued to translate ideas into reality. The synthesis of high cookery skills and innate creativity gave the capital the traditional Russian restaurant Tsarskaya Ohota. The place was a cult. In the “hunt” in 1997 Boris Yeltsin and Jacques Chirac met.

The next major success is the Yolki-Palki network. It was made up of democratic institutions for the middle class. The brand quickly went beyond the capital, conquered the regions, and became a more profitable project than previous ones..

Since 2002, Novikov began to diversify his business: he opened a greenhouse for the supply of fruits, vegetables, berries and herbs.

“Any business, especially restaurant business, is a certain psychology, this means that you need to be able to predict trends – what will be needed for a specific audience in the next few months, it is also important to be able to choose the right design and monitor theft. And you know, for me it is so simple and elementary that it feels like everything turns out by itself. By the way, all the concepts, with the exception of one or two, I create myself “- A. Novikov

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