In last decade’s world’s billionaire list we saw a lot of changes. Starts from early nineties with Sultan or King that hold big five billionaires of the world to the late nineties that comes era of technology business take the top billionaire list. The latest update of this billionaire list will be in following years that investor era had come to take the top billionaire list.
Nouveau Riche is French for ‘New Rich’; this nouveau riche phenomenon is explaining the billionaire list changes in the following years. In the early nineties Bill Gates is nobody in the Billionaire list, but as Nouveau Riche builds his wealth on technology in early eighties, Bill Gates become number one billionaire in the world using the success of Microsoft operating system and software during nineties, Bill Gates also received an amount of fortune in his Microsoft revenue.
This year Nouveau Riche is Warren Buffet number one in the list of Billionaire with his investment. Start from nothing in the eighties, Buffet continues to invest in potential company that made his wealth bigger. In this year Buffet already the number one thanks to terrific performance of company that he put investment on it.
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