How Tech Billionaires Made Their Fortune

by Modis on July 6, 2015

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The booming tech industry has its fair share of creative entrepreneurs and wealthy CEOs, but have you ever wondered what it takes to make it to the top? What are the key ingredients for success – both as a manager and as an employee? Many of the tech world’s wealthiest billionaires started at the bottom and innovated their way up the ladder. You can learn a lot from their distinct attitudes and approaches to craft these turbo-charged mega businesses. Here’s a look at three well-known tech billionaires and how they made their fortunes.

Larry Page – Google CEO, Estimated worth: $31.3 Billion

A master of taking calculated risks; Google co-founder, Larry Page is no stranger to starting a business from scratch and working hard to see it through to success. Google began as a wild idea built in a friend’s garage but it’s grown rapidly into a massive global tech giant through Page’s ambitious drive and visionary innovation.

Larry Page currently oversees Google X, which is the super cool secretive facility focused on creating groundbreaking tech projects like self-driving cars and artificial intelligence. He is known for his bold ideas that push the boundaries of what can be done with modern tech.

As a leader, he’s not afraid to nudge his team forward to fuel this constant trailblazing momentum but Google also puts a ton of value on employee worth and morale. It’s consistently ranked among the top 50 best places to work, as employees feel their work makes a difference. They have ample opportunities for career growth within the company and they’re treated to plenty of cool perks designed to create a positive culture and fun work environment.

Inspirational quote: “My job as a leader is to make sure everybody in the company has great opportunities, and that they feel they’re having a meaningful impact and are contributing to the good of society. As a world, we’re doing a better job of that. My goal is for Google to lead, not follow that.” – Larry Page

Jeff Bezos – Amazon CEO, Estimated worth $39.8 Billion

An upbeat, energetic and good-natured personality makes Jeff Bezos a likeable fellow as far as billionaire CEOs go. His focus on customer needs and metrics are a driving force behind Amazon’s success. Amazon’s disruption of the online retail market and entertainment world correlates to why Bezo’s unflinching dedication to his customers is so real.

Going above and beyond to service the needs of customers is a key pillar of Bezos’ business approach. It’s so imperative that each year he accompanies his managers on a two days call center training to ground them in the realities of the customer experience and create empathy for customers.

An important aspect of this consumer focus is on building the “culture of metrics” that informs many of the core business decisions that have pushed Amazon to the top. Bezos’ experiments and frequent pivots are backed by countless algorithms and costumer experiences that data sets that provide concrete intelligence to shape the most important decisions, in order to maximize success.

Inspirational quote: “We see our customers as invited guests to a party, and we are the hosts. It’s our job every day to make every important aspect of the customer experience a little bit better.” – Jeff Bezos

Mark Zuckerberg – Facebook CEO, Estimated worth $35.3 Billion

When Mark Zuckerberg set out to create Facebook, his aim wasn’t to build a company. He wanted to create a more social and connected online world for people around the world. It’s the passion he feels for this mission that has helped shape Facebook’s popularity.

Zuckerberg’s unique ethos managerial showcases a more human-side to the CEO-employee relationship that favors openness and free-willed exchange, which even extends to wanting his employees to stand up and correct him, if of course he says something wrong during a meeting.

When it comes to hiring, Zuckerberg prefers to keep the company lean and custom suited for the job and overall mission. Maintaining the right company culture is important here, which is why Facebook has an extensive screening process for new hires and only opts for hiring candidates with the right attitude and the necessary skillet.

Inspirational quote: “The biggest risk is not taking any risk… In a world that changing really quickly, the only strategy that is guaranteed to fail is not taking risks.” – Mark Zuckerberg

Rising to the Top

Building your career can be challenging, especially if you don’t have the right mentors and assistance. Modis has endless opportunities and plenty of mentors to guide you along the way. Contact us today, to find your next tech job!

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