Over the past few years, there has been a radical change in how people have consumed media. Of course, the Internet and social media has played a great part on this change. Internet startups have sprouted left and right. We are talking about Facebook, Linkedin, Google and similar companies.
This change has paved way to some of the most famous billionaires we know today. Mark Zuckerberg of Facebook, Larry Page & Sergey Brin of Google and Reid Hoffman of Linkedin all have something in common. They have accumulated their wealth through new media specifically the Internet.
To give you a good comparison and to make you see how this is way different from how entrepreneurs have accumulated their wealth before, Staff.com has come up with an infographic that compares the ‘old media’ billionaires to the ‘new media’ ones.
The difference is striking. For instance, it took Rupert Murdoch (founder of News Corporation) 40 years to become a billionaire while Mark Zuckerberg managed to achieve that in just 3 years. You could also notice how the revenue for each of these successful companies differ. The entrepreneurs who utilized new media are experiencing tremendous growth year after year.
Check out the infographic below and let us know what you think. Is new media helping entrepreneurs become more profitable?