11 Books Recommended By Billionaires

The power of finding information is right at the tips of your fingers. If you want to find out something all you have to do is type it into Google and you will have your answers. But what if you want something more, something that the worlds richest people swear by. We have compiled a list of the TOP 11 books recommended by billionaires. There are hundreds of books that you can read to become successful but these 11 were broken down.

1. How to Win Friends and Influence People

Written in 1936 this book is broken down into 12 principles that teach you how to influence any person you run into. If you follow these principles among other things mentioned in the book you will be on your way to adding a lot more friends to your life.

  1. The only way to get the best of an argument is to avoid it.
  2. Show respect for the other person’s opinions. Never say “You’re wrong.”
  3. If you’re wrong, admit it quickly and emphatically.
  4. Begin in a friendly way.
  5. Start with questions to which the other person will answer yes.
  6. Let the other person do a great deal of the talking.
  7. Let the other person feel the idea is his or hers.
  8. Try honestly to see things from the other person’s point of view.
  9. Be sympathetic with the other person’s ideas and desires.
  10. Appeal to the nobler motives.
  11. Dramatize your ideas.
  12. Throw down a challenge. 

 

2. The Intelligent Investor

Published in 1949 by Benjamin Graham this book is about value investing which is an approach to investing that Graham himself taught at Columbia Business School. The basic definition of value investing is that an investor will buy stock that appears to be underpriced but has high dividend yields.

3. Capital in the Twenty-First Century

Capital in the Twenty-First Century was published in 2013 by French economist Thomas Piketty. The whole book is centralized behind the idea that the rate of return on capital is higher than the rate of economic growth, this over a long term period will create a concentration of wealth in an area and cause economic instability.

4. Influence: The Psychology of Persuasion

After three years of private research, Cialdini trained at used car dealerships, fund raising organizations, and telemarketing companies to see how real life instances of persuasion was happening. Cialdini wrote the book with six key principles sort of like How To Win Friends And Influence People. These principles include:

  1. Reciprocity
  2. Commitment and Consistency
  3. Social Proof
  4. Authority
  5. Liking
  6. Scarcity

 

5. Outliers: The Story of Success

The third non fiction book from Malcolm Gladwell Outliers was published in 2008 and examines all the factors that contribute to becoming successful. Talking about Canadian hockey players, Bill Gates, and The Beatles and what makes them successful in their professional fields.

6. Titan: The Life of John D. Rockefeller, Sr.

Published in 1998 Titan: The Life of John D. Rockefeller, Sr became one of the top ten books of the year which was selected by Time Magazine and The New York Times. Rockefeller was an industrialist, philanthropist, and the founder of the Standard Oil Company.

7. The Gospel of Wealth

Written in 1889 by Andrew Carnegie this book speaks on the inequality of wealth and the importance of philanthropy. It talks about the self-made upper class members giving back by redistributing part of their wealth responsibly to the lower class.

8. Only The Paranoid Survive

Part memoir part strategy guide, Only The Paranoid Survive is written by one of the Intel founders, Andrew Grove. Grove speaks on the moment your company faces inflection points which will either make your company go to the next level or start to fall off. Speaking from experience, Grove talks about the moments Intel had hit their inflection points and what they did to overcome them.

9.The Effective Executive

Peter Drucker has written 40 books in his lifetime but The Effective Executive is arguably one of the best books on management ever written. If you decide to pick this book up you will find that there are 12 lessons to take away from it which come down to:

  1. Do What Needs To Be Done
  2. Exploit Opportunities 
  3. Direct Yourself
  4. Develop Practices For Effectiveness 
  5. Manage Your Time
  6. Focus On Contribution
  7. Organize For Excellence 
  8. Desire Greatness 
  9. Concentrate Your Efforts
  10. Be Courageous 
  11. Decide Sparingly
  12. Learn To Be Effective

 

10. Sam Walton: Made in America

This book talks about the man who created Wal-Mart, Sam Walton. Walton goes on in his book and talks about how he built a company from nothing to a billion dollar empire. Hard work and determination to make every single one of his customers as happy as possible is what drove him to create this American empire.

11. Einstein: His Life and Universe

Walter Isaacson has written about the lives of Steve Jobs, Benjamin Franklin, and Albert Einstein. This book takes you through Einsteins’ entire life from his childhood to his death. It talks about personal struggles, his biggest discoveries and what his focus changed to later in his life.

If you’re looking to expand your collection of books or if you’re looking to pick something up at the airport on your next trip, any of these books will be sure to change your life in one form or another!

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