It Takes Money To Make Money - 10 Billionaires Who Disprove This!

By Jatinder Singh, Associate Partner & Mentorship Coach, Lighthouse International

There are many common misconceptions we hold in our lives. One of these for a lot of people, is the notion that "it takes money to make money." Now, while having money of your own at the start of any venture is unlikely to make things harder, it certainly isn't a requirement as these 10 billionaires below show. Forbes magazine estimates that out of the 565 billionaires in the US (Jan 2016) only 20% inherited their wealth and 62% of them made it during their own lifetime.

Ultimately the legends who have achieved a great deal of success, at least materially, have known that the circumstances that they were born into were not going to define the rest of their lives. Let's have a look at some examples of these legends who grew up in poor households amid very challenging circumstances.

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