Thursday, December 3, 2009

Are Movie Producers Billionaires?

Well, No. Movie Producers are not the Billionaires nor the film stars. Many people have a misbelieve that film producers are billionaires. But this is not true.

Well, Let me tell you straight forward that Who can become a Billionaire?

Well, A Person having a large chunk of stake (Shares) in publically listed company can become a Billionaire. There is no other way of becoming a Billionaires. A Person who develop a successful business from Scratch and later on take that Business to the public can become a Billionaire or anyone who receive a Billion dollar fortune can become a Billionaire.

Now, go to the Forbes.com and simply check the above core principle of becoming a billionaire. All the Forbes Billionaires are billionaires because they have developed a successful business and taken it to the public.

People like Tiger Woods, The famous golf player are very rare examples who earned a billion dollar by Income only.

Remember, Becoming a Billionaire is a Game of Valuations. You don’t necessarily need to earn this much money. You have to print this much of money legally. And you can do this by taking your Business to the public. And none of the movie producer has ever taken any company to the public so they are not billionaires.

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