From investor Warren Buffett to tech mogul Jeff Bezos, here’s what some of the world’s richest men and women have to say about money.
“My goal was never to just create a company. A lot of people misinterpret that, as if I don’t care about revenue or profit or any of those things. But what not being just a company means to me is not being just that — building something that actually makes a really big change in the world.” —Mark Zuckerberg, CEO of Facebook
“When a small business grows like eBay did, it has a multiplier effect. It creates other small businesses that supply it with intellectual capital, goods and services.” —Meg Whitman, CEO of Hewlett Packard Enterprise
„I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.“ —Warren Buffett, chairman and CEO of Berkshire Hathaway
„There are very few people in the world who get to build a business like this. I think trading that for some short-term gain isn’t very interesting.” —Evan Spiegel, CEO of Snap Inc., on not selling to Facebook
„The reason I’ve been able to be so financially successful is my focus has never, ever for one minute been money.“ —Oprah Winfrey, business magnate
“And I think the more money you put in people’s hands, the more they will spend. And if they don’t spend it, they invest it. And investing it is another way of creating jobs. It puts money into mutual funds or other kinds of banks that can go out and make loans, and we need to do that.” —Michael Bloomberg, CEO of Bloomberg LP
„If we were motivated by money, we would have sold the company a long time ago and ended up on a beach.“ —Larry Page, Google cofounder and CEO of Alphabet Inc.
„I think frugality drives innovation, just like other constraints do. One of the only ways to get out of a tight box is to invent your way out.“ —Jeff Bezos, CEO of Amazon
“You always hear the phrase, money doesn’t buy you happiness. But I always in the back of my mind figured a lot of money will buy you a little bit of happiness. But it’s not really true.” —Sergey Brin, Google cofounder and president of Alphabet Inc.
„Today, making money is very simple. But making sustainable money while being responsible to the society and improving the world is very difficult.“ —Jack Ma, executive chairman of Alibaba Group
“Money makes you more of who you already are.” —Sara Blakely, founder of Spanx
“I’m a bit tight with money, but so what? I look at the money I’m about to spend on myself and ask myself if IKEA’s customers can afford it… I could regularly travel first class, but having money in abundance doesn’t seem like a good reason to waste it.. If there is such a thing as good leadership, it is to give a good example. I have to do so for all the IKEA employees.” —Ingvar Kamprad, founder of IKEA
“The financial markets generally are unpredictable. … The idea that you can actually predict what’s going to happen contradicts my way of looking at the market.“ —George Soros, investor and chairman of Soros Fund Management
“I believe that you have to understand the economics of a business before you have a strategy, and you have to understand your strategy before you have a structure. If you get these in the wrong order, you will probably fail.” —Michael Dell, CEO of Dell Inc.
“I never thought about becoming wealthy. It never crossed my mind. What really motivated me was to try to accomplish something.” —Sheldon Adelson, chairman and CEO of Las Vegas Sands Corporation