Asking Billionaire Women How They Got RICH!

Summary: How Billionaire Women Got RICH!

This video embarks on an inspiring journey to uncover the secrets behind the immense wealth of self-made billionaire women. The host travels across the country, interviewing successful female entrepreneurs who have built billion-dollar empires from the ground up, offering valuable insights and financial advice to the younger generation.

From Wall Street to Tech Empire

One interviewee, a former Wall Street professional who left in 2013, now runs a successful tech company. She reveals her job on Wall Street was to “keep rich people rich” and boasts a single-year earning of $1.2 billion. Her journey highlights a transition from managing existing wealth to creating new wealth through entrepreneurial ventures, emphasizing the dynamic nature of wealth creation.

The Youngest Self-Made Female Billionaire

The video features an interview with Sarah Blakeley, acclaimed as the youngest self-made female billionaire in the world. The host travels to Atlanta to meet another self-made female billionaire who transformed a mere $5,000 into a billion-dollar empire. These stories serve as powerful testaments to determination, innovative thinking, and the potential for extraordinary financial success.

Financial Advice for the Next Generation

A recurring theme throughout the interviews is the financial advice offered to the younger generation. The billionaires stress the importance of understanding where the wealthiest individuals invest their money, with a significant portion (80%) typically going into specific avenues. While the video hints at these investment strategies, it primarily focuses on the entrepreneurial spirit and hard work as foundational elements of wealth accumulation.

Building a Billion-Dollar Future

Ultimately, the video aims to inspire and guide aspiring entrepreneurs, particularly young women, by demystifying the path to extreme wealth through real-life examples and practical, experience-based advice.

Vocabulary Table

Term	Pronunciation	Definition	Used in sentence
Millionaire	/ˌmɪljəˈnɛər/	A person whose assets are worth one million pounds or dollars or more.	How old were you when you became a millionaire?
Billionaire	/ˌbɪljəˈnɛər/	A person whose assets are worth one billion pounds or dollars or more.	No, I’m a billionaire.
Tech company	/tɛk ˈkʌmpəni/	A company that sells technological goods or services.	I run a tech company.
Wall Street	/wɔːl striːt/	A street in New York City where the New York Stock Exchange is located; financial district.	So, I left Wall Street in 2013.
Richest	/ˈrɪtʃɪst/	Having a lot of money or valuable possessions. (superlative of rich)	I’m about to interview some of the richest women in the entire world.
Self-made	/ˌsɛlfˈmeɪd/	Having achieved wealth or success by one’s own efforts.	Sarah Blakeley, the youngest self-made female billionaire.
Fortunes	/ˈfɔːrtʃuːnz/	A large amount of money or assets.	To figure out how they built their fortunes.
Empire	/ˈɛmpaɪər/	An extensive group of states or countries under a single supreme authority. (figurative: large business)	Turned just $5,000 into a billion-dollar empire.
Financial advice	/faɪˈnænʃəl ədˈvaɪs/	Guidance on managing money and investments.	What’s the best financial advice you would give?
Generation	/ˌdʒɛnəˈreɪʃən/	All of the people born and living at about the same time.	Your last message to the younger generation.
Entrepreneur	/ˌɒntrəprəˈnɜːr/	A person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.	If you want to start your own business, you have to be a good entrepreneur.
Investments	/ɪnˈvɛstmənts/	The action or process of investing money for profit or material result.	The wealthiest people make smart investments.
Capital	/ˈkæpɪtl/	Wealth in the form of money or other assets owned by a person or organization or available for a purpose such as starting a company or investing.	You need seed capital to grow a business.
Diversify	/daɪˈvɜːrsɪfaɪ/	To increase the variety of products or services of a company or business. Also, to spread investments among different types of assets.	It’s important to diversify your portfolio.
Asset	/ˈæˌsɛt/	A useful or valuable thing, person, or quality.	Your skills and knowledge are your greatest asset.

Vocabulary Flashcards

While-viewing Tasks

Complete these tasks while watching the video:

Guided Notes

Fill in the key information as you watch:

The interviewee’s previous profession on Wall Street:
The most money she made in a single year:
The percentage of money wealthy people typically invest:
Name of the youngest self-made female billionaire:
Initial investment that grew into a billion-dollar empire:

Questions to Answer

Answer the following questions based on the video:

What type of company does the first billionaire interviewee run?
When did she leave Wall Street to start her own business?
What is the best financial advice she would give to the younger generation?

Checklist

Check off these points as they are covered in the video:

The host mentioning being in Beverly Hills.
The host mentioning flying to Atlanta.
Discussion about where the wealthiest people put their money.
A mention of the final message to the younger generation.
The video’s primary focus on female billionaires.

Embedded Video:

Fill in the Blanks Exercise

1. The first interviewee runs a company.

2. She left Wall Street in .

3. Her job on Wall Street was to keep rich people for a living.

4. The most money she made in a single year was $1.2 .

5. The host is going to interview some of the women in the entire world.

6. Sarah Blakeley is the youngest female billionaire.

7. The host is standing in Beverly .

8. After Beverly Hills, the host will be flying to .

9. One billionaire turned $5,000 into a billion-dollar .

10. As a billionaire, she gives the best to the younger generation.

11. The wealthiest people typically put 80% of their money into .

12. If you want to start your own business, you need to be a good .

13. You need seed to grow a business.

14. It’s important to your portfolio.

15. Your skills and knowledge are your greatest .

Extension Activities

Choose from these activities to extend your learning:

Research Project: Famous Self-Made Billionaires

Research another famous self-made billionaire (male or female, not mentioned in the video). Prepare a short biography that highlights their background, the industry they disrupted, their key strategies for success, and any philanthropic efforts. Focus on how their journey aligns with or differs from the examples in the video.

Difficulty:
Easy

Entrepreneurial Pitch

Imagine you have $5,000, similar to the billionaire in Atlanta. Develop a concise pitch for a business idea that you believe could grow into a multi-million or billion-dollar enterprise. Outline your product/service, target market, competitive advantage, and initial steps. Consider how you would overcome challenges and scale your business.

Difficulty:
Medium

Debate: Nature vs. Nurture in Success

With a partner, debate the extent to which success (especially extreme wealth) is a result of innate talent and personality (“nature”) versus learned skills, opportunities, and environment (“nurture”). Use examples from the video and other successful individuals to support your arguments.

Difficulty:
Hard

Interview Simulation: Aspiring Entrepreneur

Work with a partner. One person plays the role of an aspiring young entrepreneur, and the other plays the role of a seasoned billionaire mentor (perhaps one from the video). The entrepreneur should seek advice on starting a business, overcoming obstacles, and financial strategies. The mentor should provide guidance based on their experience and the insights from the video.