2020 really hit some people. A lot of us were forced out of work and expected to live on a lower wage, that didn’t really cover our bills or support us in the way we needed. 2020 was even harder on owners of small businesses. People were asked to spend as much time as they could isolating and only making trips when absolutely necessary. Because of this a lot of people stopped shopping in person and instead found themselves trawling through the many online options. When people did get the chance to leave the house, this was only for important supplies or human contact. Because of this, some of the less important stores out there were forced to close, leaving some previously well-off people in difficult financial situations.
Though a lot of people experienced the hardships that 2020 had to offer, there were some people that managed to take on the challenge of the year and have some financial and business success. Some people managed to keep their previously existing business going strong, while others managed to start businesses with a great deal of success.
A lot of people feel as though their success shouldn’t be celebrated in a time where so many other people are dealing with financial worries. However, it is hard not to acknowledge the amount of work that these people have put into ensuring that their businesses are as successful as possible. The people in this article defines what it means to be an ultra high net worth individual. Here are the six most successful business people of 2020.
Elon Musk has become a household name over the last few years due to the way he is using his money to progress the human understanding of what is out there in the universe. Not only is he known to be an eccentric billionaire, but he has also become the richest man in the world. Not only does he have stakes in his very successful company Tesla, but he is also known as the genius behind the well-used payment method- Paypal. Elon continues to invest his money in bigger projects every year and in 2020 he made some fantastic returns on the stock market. Not a lot of people like Elon due to his extreme opinions on matters, however, it is hard to deny that he isn’t a genius in the world of business.
You may not recognize this name at first glance, but it may trigger some reminders if you think of her as Jeff Bezos’ ex-wife. Mackenzie Scott supported Bezos tremendously during his creation of Amazon and so she rightfully saw a financial return after their divorce. The divorce made her one of the richest women on earth and she uses this money to support a number of charities as well as financing businesses.
Nick is the co-founder of afterpay, a payment method that allows people to pay for the products that they buy in monthly payments. In 2020, a lot of people used retail therapy as a way to pass the time. This meant that a lot of people used afterpay, which only increased the profits of the business and skyrocketed Nick Molner into the limelight as one of the most successful business people out there right now.
Cami is one of the youngest people to appear on this list and her success grew out of the need to combat a problem that she faced often. Cami is the co-founder of the brand Parade, which is a colorful underwear marketing business that promises to cater to all body types out there. The business was extremely successful and appealed to the mass market, bringing in an astonishing ten million dollars in the first year alone. The business was only created in 2019 and in 2020 the business saw astounding success. She uses her customers as brand advocates and believes her business will continue to increase in success over the next few years.
As well as being a beloved TV personality, Martin lewis has continued to offer financial advice throughout his career. In 2003 he set up a business called MoneySavingExpert.com which helps people locate online deals. The website cost him only one hundred dollars to set up and since then he has sold the website for 87 million dollars. In 2020 he continued to expand his brand and has made even more money.
Denise Coates is the head of the online gambling company Bet365. Again, 2020 saw a lot of people bored and with little to do. Many people turned to gamble for some light fun and entertainment. Because of this, the business made vast profits and Denise saw drastic increases in her income.