
How does the Compound interest work for Bill Gates?
As I have already told you in many of my previous articles that, the compound interest is the greatest force in the universe. And over the time, compound interest is so powerful that it multiplies your wealth in a breath taking manner.
But for that, you have to invest for longer time or you have to start early. The Compound interest works on every asset in this world such as Stocks, Bond, Gold, Real Estate, Businesses, Art, Paintings or any other Assets in this world.
Now, Let us discuss that, How Compound interest may have worked for Bill Gates?
Well, See. Bill Gates was born on 28th October, 1955. And he founded Microsoft on 4th April, 1975. And Microsoft first time gone public on 13 March, 1986.
Now, analyze the above dates in deep. Bill Gates was born in 1955 and he started his company Microsoft in 1975. It means that, Bill Gates has started building his own Empire at the age of 20 Years only….. Can you believe this? At the age of 20 years he started his own Business…Microsoft…!!!!
Now, the Microsoft went public on 1986 means when bill was 31 years old. And Today is 2009 so Bill gates is 54 years old and Microsoft is 34 years old.
In short, the Compound interest worked on Bill Gates Wealth since last more than 34 years. And since 1986, the Microsoft is publically listed company so its share prices gone high since than.
Now, just tell me that, How many of you have started building your empire at the age of 20 years only? Not Many right? This is the key of developing a successful Business Empire. The founder MUST have to start early.
If you don’t start early, you may not become this much wealthy….!!!!
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