Business
What we can learn from Elon Musk and the US tech billionaires – Sydney Morning Herald
Australian governments need to foster a supportive culture and environment for start-up businesses with global ambitions.
None of the Americans in the top 10 of the global Bloomberg Billionaires Index have inherited their wealth from family or royal lineage, these fortunes have been built from the ground up. The list includes: Jeff Bezos (founder of Amazon), Bill Gates (Microsoft), Mark Zuckerberg (Facebook), Warren Buffet (Berkshire Hathaway), Larry Page and Sergey Brin (Google) and Larry Ellison (Oracle). Except for Warren Buffett, these fortunes have all been made in new technology businesses.
Facebook founder Mark…
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