The Best Way To Become a Billionaire Is To Help a Billion People

Peter H. Diamandis? Ankur Jain? Apocryphal?

Dear Quote Investigator: One path to achieving great wealth is by building a vital new product or performing a widely needed service. Here are three versions of a pertinent adage:

  • Want to become a billionaire? Then help a billion people.
  • The best way to become a billionaire is to help a billion people.
  • The best way to become a billionaire is to improve the lives of a billion people.

This saying has been ascribed to author and entrepreneur Peter H. Diamandis who founded the XPRIZE Foundation. Would you please explore this topic?

Quote Investigator: The website of Peter H. Diamandis in 2021 included a document titled “Peter’s Laws: The Creed of the Persistent and Passionate Mind” which listed twenty-three statements. The following were the third and fourth items. Boldface added to excerpts by QI: 1

The world’s biggest problems are the world’s biggest business opportunities.

The best way to become a billionaire is to help a billion people.

The collection of sayings on the website was labeled “The Abundance Edition”, and the set has changed over time. Diamandis’s 2015 book “Bold” contained a somewhat different set of twenty-eight items that was also called “Peter’s Laws”.

Below are additional selected citations in chronological order.

Continue reading The Best Way To Become a Billionaire Is To Help a Billion People

Notes:

  1. Website: Peter H. Diamandis, Article title: Peter’s Laws: The Creed of the Persistent and Passionate Mind, Edition: The Abundance Edition, Article author: Peter H. Diamandis, Date on website: Undated, Website description: blog by author and entrepreneur Peter H. Diamandis. (Accessed diamandis.com on February 27, 2021) link