Internet .. The new portal to the rich in a young age

The Internet has become an investment management tool and has become an area for it. Many Internet-based companies have emerged as a field for their work, and have become a field for large-scale projects. This has created a new class of world-class wealthy Internet entrepreneurs, whose wealth has surpassed billions of dollars, and have risen to the list of wealthiest figures, both in their own countries and in the list of the world's wealthiest, This category, its ability to influence the global economy.
Internet .. The new portal to the rich in a young age

Internet rich

Internet investments have grown in a large number of countries in recent years, especially the United States, China and Japan. They are ranked top 10 on the Internet Rich List of 2014. There is also a huge boom in the wealth of those who have topped this list, Shows their rising influence in a limited period of time.

It is clear from the statistics that Google Google America is the most influential in the Internet market; its founders Larry Page, Sergey Brin and Sergey Brin tops the list of the richest Internet in the world. The company has a wealth of $ 32.3 billion, ranking 11th in the United States and 17th in the world. Brin's fortune is $ 31.8 billion, ranking 13th in the United States and 19th in the world. Both have been able to increase their wealth by about $ 9 billion over the past year alone. Google also has Eric Schmidt, the company's executive director in the world's 132nd ranking and the 45th in the United States with a fortune of about $ 3.9 billion.

The dominance of the United States in the global Internet market is reinforced by the presence of Amazon.com, which is making huge gains from e-commerce. Jeff Bezos, founder and CEO of the company, is worth $ 32 billion, up about $ 13 billion from 2013, Which led to the rise of Bezos to the rank of 12 at the level of the United States, and ranked 18th globally.

Perhaps the world's most popular model is Mark Zuckerberg, the founder of the Facebook social networking site. His fortune doubled last year to $ 28.5 billion, ranking 14th in the United States and 11th in the world. The deal, which sold the Whatsapp service to Zuckerberg, led to the entry of the founder of this application, Jan Koum, in the richest list in the world's top 202 and 64 in the United States.

In the field of e-commerce, eBay e-bay is also one of the most important Internet companies, whose founder and director Pierre Omidyar has achieved a fortune of $ 8.2 billion, ranking 162 globally and 52 in the United States

The situation is not very different in China. It has the largest number of Internet users in the world and the most popular e-commerce market, which has resulted in the accumulation of wealth of employees of Chinese Internet companies in recent years. Although the influence of the Internet rich is evident in the United States, it is more pronounced in China, where the owners of these companies dominate the top ten in the list of the richest people in the state.

Even in China

The richest man in China now is Jack M, the owner of Alibaba, an e-commerce company with a fortune of $ 25 billion. Although Jack's wealth was estimated at $ 10 billion by September 23 this year, the situation changed after he put on his public subscription on the New York Stock Exchange, to jump his wealth and become China's wealthiest. Jack Ma predicts that by 2016, his global e-commerce share will outweigh the US and EU share.

Tencent, the e-marketing company of Ma Huateng, is one of the most influential companies among Chinese Internet companies; its owner's wealth reached an estimated $ 13.4 billion, making it the world's 80th place and fourth in the world. Among the wealthiest people in China, and Zhang Zhidong of the company itself ranks 305 globally with a fortune of about $ 4.8 billion.

Among China's wealthy is Robin Li, the Chinese search engine operator Baidu, which simulates Google's famous search engine. Lee was ranked fifth in China and the world's 91st place with a fortune of $ 12.1 billion.

William Ding, CEO of net gaming company Netease, is ranked 354th globally with a fortune of $ 4.2 billion. Chinese entrepreneur Liu Qiangdong, the owner of the JD.com website, also increased his fortune from $ 2.7 billion to $ 8.8 billion in just one year, becoming the ninth-largest Chinese.

Turning to Japan, businessman Masayoshi Son, who owns and manages one of the world's most successful Internet and communications companies - Softbank - has doubled his wealth to $ 19.7 billion, making it the richest At the level of Japan, and is ranked 42th in the world, ahead of many of the Internet rich in the United States and China. Hiroshi Mikitani, owner of Japan's e-commerce company Rakuten has achieved a fortune of $ 7.7 billion, pushing it to become the fourth richest investor in Japan, and now ranks the world's 23rd largest.

It is clear from the above that Internet companies are creating wealth for their owners, not only to push them to compete, but to outweigh other traditional industries that have long dominated the list of the world's rich, such as oil companies, cars and others, so we can now talk about a new layer rising at the level of World, the pattern of accumulation of wealth differs from traditional patterns, which requires studying the dimensions of this difference and its implications for the global economy.

The features of Internet rich

The rise of the Internet's wealthy class is in large part due to a new global trend that strengthens the emergence of the individual worker in economic activities and drives many people around the world to set up special projects to deal with the economic problems faced by many countries, Communications and transportation have created the so-called "democratization of entrepreneurship", which suggests new and diverse classes of investors with different ideas and at relatively low cost of entry.

In addition to the revolution in the field of enterprise development and management, it has made it an attractive investment market. As a result of the increasing number of Internet users worldwide, it is possible to reach a larger base of consumers, to know accurate information about them and to clearly define their desires and needs. Provide services that respond to these needs. This would have enhanced the influence of the Internet entrepreneurs' class and maximized their profits in order to define the most important features of this class and the mechanisms of forming the wealth of its members:
Small age

The young age of its members: This class is characterized by the age of its members; most of them have started to form their wealth from work in the Internet and established by companies in the third or fourth decade of life. Perhaps the most striking example of this is Mark Zuckerberg, the founder of Facebook, who was able to enter the list of rich people in the world and he did not exceed the age of thirty years, and was ranked the richest in the world in this age group.

Unlike the world's most famous names of Internet billionaires, there are other models of young people who have managed to make millions of dollars at a young age. These include Matt Mullenweg, owner of Automattic, which launched WordPress.com, and Matt was able to make a fortune at the age of 22 in just eight months. As well as Rob Benwell, who is still in his thirties, to set up BloggingTotheBank.Com. The idea of ​​the site is to provide guidance on how to make significant gains through blogging, and has made tremendous gains from this site estimated at over $ 1 million.

The list of young Internet millionaires includes many other examples that demonstrate the privacy of the Internet as an area of ​​investment that opens up opportunities for young people to create lucrative projects through which they can realize huge fortunes and multiply them in a limited period of time.

Self-reliance

Self-reliance: The vast majority of the models mentioned have started from scratch without having much capital at the outset; so they are called self-made billionaires; they did not have any financial assistance at first and did not have any prior management background Business. This is because of the nature of the Internet and the nature of the projects they perform. Unlike traditional projects that may require a lot of money to start, Internet projects require an attractive, innovative idea and sufficient technical knowledge, without capital being a governing element. They were not businessmen before, but they were working in traditional jobs in companies before starting their own projects. Perhaps this explains their young age at the beginning of the realization of these riches, and their ability to multiply them in relatively short periods.

Opportunities for virtual investment: It is clear from the above that Internet projects are diverse between projects based on free and e-commerce-based services. Although profit sources are more visible in online businesses where the source of profit is a commission for the purchase, those offering free services such as Facebook, Google and social networking are also making big gains.

Where the biggest source of profit in this type of companies from advertising, whether to allow companies to advertise their sites, or sell part of the personal information that users agree to provide for the use of these services to the advertising networks so that you can provide ads commensurate with the tendencies of each user on Sharpness. Many companies have resorted to the electronic marketing of their products because of its low cost and effectiveness and ability to reach large numbers of consumers, as a result of the increase in the number of Internet users in the world, and the diversity of their needs between access to information, or purchases and sales, or the desire to communicate ; There is an open space that these investors can exploit to maximize profits, by coming up with ideas tailored to these diverse needs.

The role of monopoly

Relying on monopolies: Despite the openness of the Internet market and easy access, there are companies that are the largest in the world controls the main services; Internet companies can be divided into three main types:

Search engines: The search engine market is a full monopoly of certain companies that dominate the search market in most countries: Google, which controls the search market in most Western countries, Baidu in China, Yahoo in Japan , And Yandex in Russia. This is due to the accuracy of the results and the speed that distinguish them from others.

E-commerce companies online: such as Amazon and Alibaba, whose acquisition is based on the fact that services related to online sales and purchases require the confidence of users in the integrity of these sites;

Social networking: The Facebook site is the dominant in this area; by August 2012, had dominated 64.27% of the social networking market, according to consumer surveys, as opposed to 7.39% of the site of YouTube, and 5.07% received by Twitter , And 0.31% for the LinkedIn site. But this market is still open to competition, especially since most companies do not offer services of a single nature, but each company has a specific goal different from companies and other sites.

Internet companies are emerging on a global scale; there are no spatial restrictions that limit the globalization of their business, nor does it require any additional costs, which means that the Internet has created a new type of transnational corporations, multinationals, Through which services are provided to large user bases that transcend the boundaries between States. Perhaps this is one of the factors explaining the huge profits that Internet companies are making in the short periods after their establishment.
Internet .. The new portal to the rich in a young age Internet .. The new portal to the rich in a young age Reviewed by reactech on December 06, 2017 Rating: 5

No comments:

Powered by Blogger.