DID YOU KNOW?
Did you know that there are 1,542 billionaires worldwide? More than 560 of those billionaires live in the United States. That number is the most of any country. The first recognized billionaire in the United States is John D. Rockefeller (1839-1937). He is also recognized as the wealthiest American of all-time and the richest person in modern history. Rockefeller is an oil tycoon, industrialist, and philanthropist. Rockefeller's wealth soared as kerosene and gasoline grew in importance. He became the richest person in the country, controlling 90 percent of all oil in the United States at his peak. Oil was used throughout the country as a light source until the introduction of electricity, and as a fuel after the invention of the automobile. Rockefeller founded Standard Oil which was the first great business trust in the United States. He also revolutionized the petroleum industry and defined the structure of modern philanthropy.
Today, the richest person in the world is also an American. He is tech tycoon Jeff Bezos. Before he started selling books online, which eventually would be commerce giant Amazon.com, he worked at a hedge fund in New York. Bezos’ net worth is $109.9 billion. These tycoons have achieved their tremendous wealth due to proper financial management, as well as business savvy. In the world of gaming, there are business simulation games or tycoon games. These games focus on the management of economic processes in the form of a business. These games usually focus on micromanagement by simulating business management and applying techniques to earn money. One of the first successful tycoon games ever was the 1995 game Capitalism which was created by Trevor Chan. Chan is a notable creator of tycoon games. It has been described as the "best business simulation game".