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Is it not amazing that billionaires are getting younger? Analyzing the World's Dollar billionaires, using age as a variable, is interesting. Majority of billionaires have, for a long time, been individuals who are over the age of 70, and in most cases made their wealth through government backed contracts. This article seeks to analyze the business success drivers that might have contributed to the decline in age of Dollar billionaires and to a significant extent, their independence of government influence.
Extraction industries like mining, oil and gas have also contributed significantly to the wealth of a number of entrepreneurs. From the experience of global entrepreneurs; modernization, investing in manufacturing and knowledge management have provided a gold mine for wealth creation. Sound education with investment in technology has contributed substantially to the growth of enterprises in terms of leadership and strategy.