12 Interesting Facts About Billionaires

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2. Who Was The First to Become a Billionaire

billionaires-john-d-rockefeller

courtesy of: money.cnn.com

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The first person to achieve billionaire status in the world was John D Rockefeller who had a net worth of US$ 1.4 billion by the time he died in 1937. Since then the economic times have changed and the value of the dollar has been on a steady rise. If Rockefeller was alive today he would simply be the richest person in the world. This is because in today’s economy, he would have a staggering US$ 663.4 billion according to the prevailing dollar rate in the year 2007. That is an enormous figure implying how times have really changed.

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