⬅ # 163 Wang Xing|# 165 Ray Dalio ➡

# 164 James Dyson 

$13.6B

Real Time Net Worth
as of 11/21/2024
-$230 (-0.00%)

# 164 James Dyson 

$13.6B

Real Time Net Worth
as of 11/21/2024
-$230 (-0.00%)
OccupationFounder, Dyson
Source of WealthVacuums
Age77
ResidenceGloucestershire, United Kingdom
Marital StatusMarried
Children3
Age-Adjusted Net Worth$4.31B
James Dyson
James Dyson
United Kingdom
Net worth: $13.6B

Self-Made Score 

Rado Unisex Centrix Diamond Swiss Automatic Watch

Wealth History

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Biography

Overview

Sir James Dyson was born May 2, 1947 in Cromer, Norfolk, England
He is an inventor, entrepreneur, and philanthropist.
He founded Dyson, a technology-led company present in 84 markets with a focus on problem-solving.
Around half of the global Dyson team consists of engineers and scientists.
Dyson's research interests include robotics, AI, machine learning, solid-state battery development, material science, and high-speed electric motors.
In 2013, Dyson established Dyson Farming, a commercial farming business promoting efficiency and sustainability in UK agriculture.
He created the James Dyson Foundation in 2002 to challenge misconceptions about engineering and inspire young people, running the global James Dyson Award for young inventors in sustainability and medical fields.
In 2017, Dyson founded the Dyson Institute of Engineering and Technology, offering a unique degree program with full-time salaried roles in Dyson's engineering team.
James Dyson has received honors, including a CBE in 1996, Knight Bachelor in 2007, and appointment to the Order of Merit in 2016.
He and his wife Deirdre have three children - Emily, Jake, and Sam - and six grandchildren.

Career and Innovation

Frustrated with his family's vacuum in 1978, Dyson invented a better version using a cyclone to lift dirt.
Dyson's popular line of intelligent air purifiers claims to have the most accurate picture of indoor air quality worldwide.
In 2019, Dyson abandoned plans to build electric cars, deeming them commercially unviable.
As of 2020, Dyson employs over 5,000 engineers worldwide and commits to investing $14 million per week in product development through 2025.
Despite attending art school in London, Dyson does not possess an engineering degree.

James Dyson's Wealth is Equivalent to:

10,477,290 Herman Miller Aeron Chairs

Herman Miller Aeron Chair

2,575,213 Gold Bars (50 gram)

24K Solid 50g Gold Ingot

139,098 Tiny Homes

Tiny House, Two Bedroom Solar Prefab Home

How long would it take you to become as rich as James Dyson?

If you started with $10,000 and invested an additional $500 each month at a 43.43% CAGR, it would take you 5 years to reach James Dyson's net worth of $13.6B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 58.67% compared to 23.91% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

James Dyson is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For James Dyson, Vacuums is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Affiliate Disclosure: Some of the links on this page are affiliate links. This means that, at no additional cost to you, we may earn a commission if you click through and make a purchase. We only recommend products or services we believe will add value to our readers.

Edited by: Lee Bailey