The people who have built some of the world's most successful and influential companies have earned the extra cash that has enabled them to found and acquire - more companies and brands.

However, as Statista's Katharina Buchholz explains below, the world's richest billionaires, including Elon Musk, Bernard Arnault, Jeff Bezos and Bill Gates, have employed different strategies to build their brand emporiums.

While some haven't tired of bringing similar entities under the umbrella of their initial ventures, others have strayed from their paths to explore other industries and endeavors that tickled their business sense or maybe just their fancy.