Although being a millionaire may seem to be an unattainable dream, it is not. Between 2018 and 2019, 675,000 new millionaires were born in the United States, and this trend is anticipated to continue for at least the next five years. Do you want to boost your earning potential and become one of the next millionaires? To get you started on your journey to financial success, we gathered 25 books on how to become a billionaire and grouped them by top ratings. As you go through this selection of books, put your millionaire attitude to action by contributing to monthly savings accounts and planning your living expenditures.
J.L. Collins’ “The Simple Path to Wealth”
Audible Rating: 4.8 stars | Goodreads Rating: 4.47/5
“The Simple Path to Wealth,” which has the highest rating on our list, lays forth a clear path to financial freedom. Collins believes that money is the “single most powerful instrument” and demonstrates how to utilize it effectively to increase your fortune. The book has received positive reviews on Goodreads and Amazon, with readers hailing it as an approachable guide to investment and portfolio development with clear insights on how to handle debt, investing, and your thinking.
M.J. DeMarco’s “The Millionaire Fastlane”
4.5 ratings on Goodreads | 4.36 stars on Audible
Author M.J. DeMarco, who is ranked second on this list, contrasts between life in the Slowlane (following the mainstream road to possible old money) and life in the Fastlane (doing things your own way) (the alternative path to extraordinary wealth). As a self-made billionaire, DeMarco believes that finding a need and providing a solution is the key to producing riches. This is an excellent book for problem solvers and business owners alike.
Taylor Larimore, Michael LeBoeuf, and Mel Lindauer’s “The Bogleheads’ Guide to Investing”
4.30 out of 5 stars on Goodreads | 4.5 out of 5 stars on Audible
The ideology of business entrepreneur and Vanguard founder John “Jack” Bogle is championed in this well-respected, practical guide to investing. The writers declare in the preface that their goal is to teach people how to get the highest long-term returns on their investments. Learn to be a Boglehead by concentrating on building wealth over time and achieving financial security.
George S. Clason’s “The Richest Man in Babylon”
4.26 out of 5 stars on Goodreads | 4.5 out of 5 stars on Audible
This book, which is considered a classic work on financial planning and personal prosperity, teaches financial knowledge via Babylonian parables. It teaches you how to save a percentage of your salary, live within your means, and make your money work for you, among other things.
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Benjamin Graham’s “The Intelligent Investor”
4.23 out of 5 stars on Goodreads | 4.5 out of 5 stars on Audible
Benjamin Graham, a prominent financial strategist, explains the theory of “value investing.” This stock market classic deconstructs Wall Street’s veneer and lays out long-term techniques to help you get the returns you desire from your investments. This work, which was first published in 1949 and is even endorsed by Warren Buffett, is still relevant today.
Dale Carnegie’s “How to Win Friends and Influence People”
4.21 out of 5 stars on Goodreads | 4.5 out of 5 stars on Audible
While not specifically about personal money, Dale Carnegie’s best-selling debut book gives guidance for anyone who want to succeed in life and business. It explains how to convince others to like you, how to persuade others to think like you, and how to influence others without instilling unpleasant sentiments in them.
Fred Kofman’s “Conscious Business”
4.21 out of 5 stars on Goodreads | 4.5 out of 5 stars on Audible
“Conscious Business,” as recommended by Sheryl Sandberg, Facebook’s COO, in a New York Times interview, urges that you apply greater awareness to all elements of your job. It encourages you to identify hurdles, determine your team’s requirements, and communicate and make decisions effectively. In order to bring that awareness to the surface, the book also contains a spiritual component that looks at who you are and what your mission is.
T. Harv Eker’s “Secrets of the Millionaire Mind” is number eight on the list.
Audible Rating: 5 ratings | Goodreads Rating: 4.20/5
“Secrets of the Millionaire Mind” establishes a link between wishing to be wealthy and actually becoming wealthy. It’s divided into two sections, the first of which focuses on finding and resetting your money blueprint, and the second of which delves into the beliefs and actions of the wealthy. Some individuals aren’t built for financial success, according to the book, but if you modify your money blueprint and start thinking like the affluent, you can rewire yourself to be successful as well.
Thomas J. Stanley’s “The Millionaire Mind”
4.20 out of 5 stars on Goodreads | 4.5 out of 5 stars on Audible
“The Millionaire Mind,” by Thomas J. Stanley, is a book that is quite different from number eight in that it surveys over 1,000 millionaires in order to acquire a better understanding of the lifestyles of the ultra-wealthy. Living frugally and taking financial risks are prevalent characteristics of success among millionaires, according to Stanley. Furthermore, millionaires have greater success in both job and marriage, so adopting their thinking may help you thrive in all areas of your life.
Napoleon Hill’s “Think and Grow Rich”
4.17 out of 5 stars on Goodreads | 4.5 out of 5 stars on Audible
This motivating book, first published in 1937, focuses on corporate tycoons such as Henry Ford and King Gillette to explain the principles to financial success. These secrets, according to Hill, have brought money to many people throughout the years and may bring you fortune if you are ready and know what you want.
Daniel Kahneman’s “Thinking, Fast and Slow”
4.16 out of 5 stars on Goodreads | 4.5 out of 5 stars on Audible
In this book, Nobel Laureate and cognitive psychologist Daniel Kahneman provides insight into the systems of rational and emotional reasoning. He emphasizes the cognitive biases that influence how we trade stocks or perceive dangers in our daily lives. We can make better judgments in our personal and professional lives and avoid the harmful impacts of our prejudices if we comprehend our two systems of thinking.
Ramit Sethi’s “I Will Teach You to Be Rich”
4.5 ratings on Goodreads | 4.12 stars on Audible
Ramit Sethi, Forbes’ self-proclaimed “wealth guru,” has you covered if you want a step-by-step strategy to becoming wealthy. His book outlines a six-week plan for increasing savings, paying off debt, and negotiating your finances while still having fun with your hard-earned cash.
Wayne W. Dyer’s “How to Be a No-Limit Person” is number thirteen.
4.11 out of 5 stars on Goodreads | 4.8 out of 5 stars on Audible
Dr. Wayne Dyer tells you how to take charge of how you treat situations and people in this motivating resource. He encourages you to think on the roots of your sentiments in order to cope with them in an action-oriented, constructive manner as a self-help advocate and counselor. Sara Blakely, the first self-made female millionaire and inventor of SPANX, attributes her success to the audio version of this book.
J. Paul Getty’s “How to Be Rich”
Audible Rating: N/A | Goodreads Rating: 4.09/5
If you want to learn how to become wealthy, you should seek assistance from someone who has a track record of financial success. J. Paul Getty, who was named the world’s wealthiest private individual in the 1966 “Guinness Book of Records,” is unquestionably an expert in this field. In his book, he reveals the steps he took to become a billionaire and his views on wealth.
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Vicki Robin’s “Your Money or Your Life” is number fifteen.
4.05 out of 5 stars on Goodreads | 4.5 out of 5 stars on Audible
There is a distinction to be made between earning a livelihood and having a meaningful life. Vicki Robin offers a nine-step approach to help you transform the way you handle your money and live more intentionally. Robin believes that money can be saved by good habits and awareness, and that you can live well on a limited budget. This book will not only improve your relationship with money, but it will also, as Oprah Winfrey says, “truly change your life.”
Thomas J. Stanley and William D. Danko’s “The Millionaire Next Door”
4.04 out of 5 stars on Goodreads | 4.5 out of 5 stars on Audible
In this book, Thomas J. Stanley and William D. Danko show the startling traits that America’s wealthiest share. Learn vital life lessons from the affluent, such as how to effectively use your time and resources, how to live within your means, and how to value financial independence and self-sufficiency above all else. You may become a “prodigious accumulator of money” instead of a “under-accumulator of riches” if you follow these principles.
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James C. Collins and Jerry I. Porras’ “Built to Last”
4.02 out of 5 stars on Goodreads | 4.5 out of 5 stars on Audible
Find out what sets exceptional organizations like Disney and Hewlett-Packard distinct from the others for individuals interested in earning money in business. Collins and Porras explain the characteristics of “visionary enterprises” and lay forth a framework for creating successful businesses. These themes apply to every firm, whether you’re an entrepreneur or making your way up the corporate ladder.
Tony Robbins’ “MONEY Master the Game” is number 18 on the list.
3.97 out of 5 stars on Goodreads | 4.5 out of 5 stars on Audible
Tony Robbins designed a seven-step approach to help you and your family achieve financial independence after doing research and conversations with financial gurus and legends (think Steve Forbes and Warren Buffett). Robbins champions readers of all income levels and provides practical guidance on money management and key financial issues.
Steve Siebold’s “How Rich People Think”
Audible Rating: N/A | Goodreads Rating: 3.96/5
Have you ever wondered what the minds of the wealthy are like? To discover out, Steve Siebold interviewed hundreds of billionaires and shared his results with the general public. He reveals the secrets of a millionaire’s thinking and encourages you to research it as if it were a science. After you’ve studied it for yourself, duplicate what they’ve done and start making money!
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Sheryl Sandberg’s “Lean In”
3.95 out of 5 stars on Goodreads | 4.5 out of 5 stars on Audible
Sheryl Sandberg’s best-selling book about women and leadership is called “Lean In.” Sandberg encourages women to believe in themselves and make tiny adjustments that will result in them getting the promotion, raise, and equal pay they deserve. This book comes highly recommended by Mark Zuckerberg, a fellow Facebook executive, and Richard Branson, a business entrepreneur.
