How To Become Rich Quick In 2020

how to become rich quick

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The world is like a pyramid with a very short top and a very wide bottom.

This simply accounts for the rich and the poor.

The top of the pyramid lies wealthy and successful people while the bottom of the pyramids accounts for the ordinary and poor people.

The main reason why life accounts for very few people at the top is because not every one is willing to pay attention and master life’s simple principles which involves the ability to take risk and hard work.

Most people simply prefer to stay in their comfort zones and see other people succeed.

Life is like a football pitch the spectators always outnumbers the performers.

Who Are The Rich People ?

Rich or wealthy people are people that can afford to pay their bills and even lend out to other without feeling it.

Most people that are able to pay their personal bills only and not lend out to others are not rich, they are basically comfortable.

Being rich means you are able to lend out to a very few or lot of individuals or even nations of the world and that is what i call rich.

This does not necessarily mean that you are a philanthropist by nature to do this it just basically comes on it own.

A very good example of people in this category is Mr Gates, Jeff Bezos, Tony Elumelu  and Jack Ma.

Who have willingly let down their personal wealth for the good of others

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Rich People Stats You Should Know.

1. There are 46.8 million millionaires worldwide, up 1.1 million joined over the last 12 months.

2. Of those, 40% or 18.6 million individuals are in the United States.

3. After the U.S at 40%, the next highest 5 countries for millionaires are China 10%, Japan 6%, United Kingdom 5%, Germany 5%, and France 4%.

4. These top six countries represent 70% of the world’s millionaires.

5. Current projections are that 1,700 new U.S. millionaires are made every day.

6. Education is important, with 84 percent of millionaires having a college degree according to Spectrem.

7. One in three funded their own college education without debt.

8. In 2016 a study also showed that 78 percent of present day billionaires started out as middle class or poor, only 22 percent grew up in the upper class.

9. Over 80 percent of millionaires own their own business.

10. Millionaires also take good care of their health, with 76 percent exercising 4 days a week.

So don’t have it mind that millionaires like to work their asses out.

World Richest People 2020.

The World’s Billionaires is an annual ranking by documented net worth of the wealthiest billionaires in the world, compiled and published by top business and lifestyle magazine called Forbes.

According to the Forbes list here are the list of the top 20 richest persons alive.

1. Jeff Bezos.



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Jeffrey Preston Bezos is an American internet and aerospace entrepreneur.

He is best known as the founder, chief executive officer, and president of Amazon.

In September 2018, Forbes described him as “far richer than anyone else on the planet” as he added $1.8 billion to his net worth when Amazon became the second company in history to reach a market cap of $1 trillion.

SOurce – Amazon

Networth – $123 Billion

2. Bill Gates.



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William Henry Gatesis an American business magnate, software developer, investor, and philanthropist.

He is best known as the co-founder of Microsoft Corporation.

He is one of the best-known entrepreneurs and pioneers of the microcomputer revolution of the 1970s and 1980s.

From 1995 to 2017, he held the Forbes title of the richest person in the world.

Making him the only man to hold the title the longest.

In 2017, he was surpassed by Amazon founder and CEO Jeff Bezos

SOurce – .Microsoft

Networth – $112 Billion

3. Warren Buffet.



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Warren Edward Buffett is an American business magnate, investor, and philanthropist.

He is the chairman and CEO of Berkshire Hathaway.
Buffett has been the chairman and largest shareholder of Berkshire Hathaway since 1970.

He is considered one of the most successful investors in the world.
Buffett is a notable philanthropist. He pledged to give away 99 percent of his fortune to philanthropic causes, through the Bill & Melinda Gates Foundation.

SOurce – Berkshire Hathaway

Networth – $84 Billion

4. Bernard Arnault.



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Bernard Jean Étienne Arnault  is a French billionaire business magnate, and art collector.

Arnault is the chairman and chief executive of LVMH Moët Hennessy – Louis Vuitton SE, LVMH, the world’s largest luxury-goods company.

In April 2018, he became the richest person in fashion, topping Zara’s Amancio Ortega.

SOurce – Louis Vutton and Henessy

Networth – $72 billion

5. Carlos Slim.



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Carlos Slim Helúis a Mexican business tycoon, investor, philanthropist, and engineer.

Slim was ranked as the richest person in the world by the Forbes business magazine.

He derived his fortune from his extensive holdings in a considerable number of Mexican companies through his conglomerate, Grupo Carso

SOurce – América Móvil, Grupo Carso

Networth – $64 billion

6. Amancio Ortega.



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Amancio Ortega is a Spanish billionaire businessman. He is the founder and former chairman of Inditex fashion group, best known for its chain of Zara clothing and accessories shops.

For a brief period of time in 2015, he was the richest man in the world, bypassing Bill Gates when his net worth peaked to $80 billion.

He is the head of the Ortega family and the second wealthiest retailer in the world

SOurce – zara

Networth – $62.7 billion

7. Larry Ellison.



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Lawrence Joseph Ellison is an American businessman, entrepreneur, and philanthropist who is a co-founder and the executive chairman and chief technology officer (CTO) of Oracle Corporation.

SOurce – .Oracle

Networth -$62.5 billion

8. Mark Zuckerberg.



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Mark Elliot Zuckerberg is an American internet entrepreneur and philanthropist.

Zuckerberg is the founder of leading social network Facebook, Inc.

SOurce – Facebook .

Networth -$62.3 billion

9. Michael Bloomberg.



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Michael Rubens Bloomberg is an American businessman, politician, and author.
He is the CEO and majority owner of Bloomberg L.P., which he co-founded.
Bloomberg was the mayor of New York City from 2002 to 2013.

SOurce – .Bloomberg

Networth -$55.5 billion

10. Larry Page.



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Lawrence Edward Page is an American computer scientist and Internet entrepreneur.
He is best known for being one of the co-founders of Google inc

SOurce -Google

Networth – $50.8 billion


Richest People In Africa.

I am an Nigerian by birth and i don’t expect to leave my Nigerian family behind and i am going to be doing this by digressing a bit into the African scene.

Here are a quick list of top 5 wealthiest men in Africa.

1 Aliko Dangote.

Aliko Dangote GCON is a Nigerian billionaire businessman, and the owner of the Dangote Group, which has interests in commodities in Nigeria and other African countries.

Source – Dangote Group.

Networth – $12 billion

2. Mike Adenuga

Michael Adenuga is a Nigerian billionaire businessman, and the second-richest person in Africa. His company Globacom is Nigeria’s second-largest telecom operator, which has a presence in Ghana and Benin. He owns stakes in the Equitorial Trust Bank and the oil exploration firm Conoil (formerly Consolidated Oil Company).

Source – Globacom Telecommunication.

Networth – $9.2 billion

3. Nicky Oppenheimer.

Nicholas F. Oppenheimer is a South African billionaire businessman and philanthropist. He was formerly the chairman of De Beers diamond mining company.

Source – De Beers.

Networth – $7.5 billion.

4. Nassef Sawiris.

Nassef Onsi Sawiris is an Egyptian billionaire businessman, the youngest of Onsi Sawiris’ three sons (his brothers are Naguib and Samih).

Source – Orascom Construction Industries

Networth – $6.3 billion

How Do I Become Rich ?

Now the Billionaire question actually popping up and on your mind is how you can get rich quick Hmmmmm!!!.

Becoming rich is a very good thing and it is worth aiming after, but i must tell you there is no quick way to get rich, there are no voodoos or quick rich schemes that allows help you to get wealthy.

There are so many people that have gotten rich through rich schemes like Lottery and magic but they are no where to be found.

There is a lot of things needed to sustain wealth than actually gathering wealth itself.

To be honest with you, In order to become rich you have to be discover yourself, be honest with yourself and understand basic principles of life.

Here are some few tips that can help you on your journey to wealth.

1. Stop procrastinating.

It is foolish to think you can do things at your own convenient time and this is common among younger generation.

Most young people often believe that retirement, or wealth building, is something that comes later in life and are less concerned and occupying themselves with the problems of now.

Most people carry out this mentality till they become ten years older than their present age.

You should also know that the more you delay in kick starting a business an Idea or learning a skill, the harder it becomes to ever start.

You keep giving excuse till you eventually have no more time on your hands.

2. Personal Development.

Personal development is the most paying investment in the information age.

You are the best resource you have to accumulate wealth. Investing in yourself means spending more time on your education, refining your own skill sets.

The more educated, skilled, experienced, and connected you are, the more valuable opportunities you’re going to get.

And skills needed to strive are not often though in traditional schools.

Look back ten years ago,the kind of jobs we have now was not what we used to have back then.

Jobs like Graphics designing, web development , social media management where not there.

All we had where native jobs that required school degrees.

The whole state of things have taken a new different look.

Machines have taken over and we can see this in security, finance and the media.

Few years back we had more U.S Troops in Iran but with the invention of drones, the U.S need only very few troops to take care of the dirty job.

3. There is no shortcut or magic anywhere.

Just because i used the word “secrets” in the title of this article might have brought you here hoping for a more tricky way of gathering wealth without actually properly planning.

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And i’ll tell you something, It is possible to get wealthy by luck, lottery or even an inheritance without actually working.

But the end justify the means.

I don’t know if you actually understand that, let me buttress further, how many lottery winners have you seen took their wealth to the next level since you ever heard of one.

Most of them often go back to their previous lives.

This is simply because of the simple fact that the wisdom needed to gather is quite different from the wisdom needed to sustain such wealth.

I recommend you read books and follow authors on investing they can actually guide you right and one very reputable finance author i recommend is Robert Kiyosaki, Donald Trump.

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4. Pay down your debt.

When so much debts are acquired over a period of time it becomes difficult to actually build wealth.

According to financial experts we have two kind of debt which are Good debts and the Bad debts.

The bad debts is when you use money to fund your very stupI*d and luxurious lifestyle such as buying cards, building a comfortable house for yourself oh!! owning a home is a bad debt when you don’t intend to use for money purposes such as rent or lease.

It becomes a liability that always take money from you because you have to fix it when it breaks down, pay utility bills and this can cause your finance to further decline.

On the other hand a Good debt are debt used to build a business.

This can involve taking a soft loan to start your business, borrowing from your friends to improve you existing business.

As far as the sole purpose of each money you have or acquired is for the sole purpose of building a business which makes little or plenty cash then it is a good debt.

You can read my article on raising business capital and getting business Grants.

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5. Take risks.

You’re young. You have a lot of years ahead of you. Now is the time to take risks.

Consider quitting your job to start your own business.

Jump on new ventures and new opportunities. If you ever fail, you’ll have plenty of time to make up for it.

The majority of the population sticks with the safe route such as getting a degree and seeking a high paying job.

That may actually work for a time but always remember that you will be retired very soon and you will have to seek for other means of income.

At this point of your life you will wish you have started more earlier than now because building a business will be more rigorous than ever, because you don’t have the strength, agility and moreover the very good health needed to sustain your business.

You might eventually die in the process.

I counsel Young people reading this, start now.

Just in case you don’t know where and how to start here is an article i recommend you read.

6. Diversify as many times as possible.

A popular proverbs in Africa states that, You do not keep all your eggs in only one basket.

Even though risk-taking is a generally rewarding strategy in your 20s and 30s, it’s also a good idea to diversify your efforts.

Don’t build up just one skill set, or one set of professional connections. Don’t rely on one type of investment, and don’t gamble all your savings on one venture.

Instead, try to set up multiple income streams, generate several backup plans for your goals and businesses, and hedge your bets by looking for new opportunities everywhere.

This will protect you from catastrophic losses, and increase your chances of striking it big in one of your ventures.

7. Forget Principles and Find A mentor.

I decided to make this a very last statement before concluding and i think that not too many people understand this.

There are over a billion principles recommended by expert from various fields to become a billionaire.

But the problem with principles is that they can be applied at the wrong time and this might eventually lead to believing that success is not a real thing.

I have experienced this and so as so many people reading this article.

The best way to get there fast is to find a mentor and i mean someone who have walked your path before and is now successful, such a person is in a better position to hellp you out with obstacles you might encounter.

And also there are certain things you must not do to your mentor such as begging for money and other silly things.

You should buy them gifts in order to appease them, they will not let go easily but you have to be consistent and prove yourself to be worthy.


Awaken you mind now by applying these seven secrets in full detail, it might take a while but i must tell you, You just have to trust the process.

It might take a while but it will not tarry. There are so many real life lessons to learn from building a business than working at a job all your life.

You pretty learned nothing except from things related in your field that may not even make money.

I wonder how a door man intends on monetize his skills or an native accountant at the bank.

Such skills set and experience are pretty useless in this age.

What do you think?

Written by Udemezue John

Web developer| Digital Marketer| Entrepreneur.

I love sharing great things

You can connect with me on twitter @_udemezue


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