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18th August 2015
09:43am BST
While hard graft and sacrifice are definitely up there, we love to examine the other factors that might increase our chances.
i100 have gone to the trouble of picking out the most common names on the list to determine which monikers are more likely to lend themselves to success.
Of the list of 60, only eight names were repeated more than once, with no female names making the cut.
The name David occured five times, while Michael and Richard were joined in second place with four occurrences each.
Here are the most popular first names of UK billionaires, in order.
David (5)
Michael (4)
Richard (4)
John (3)
James (2)
Ian (2)
Charles (2)
Mark (2)
It seems keeping it simple is the way to go! Maybe these parents should take note....
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