Naming your baby is certainly a hard decision, and according to an expert, the moniker you pick may set them up to one day become a billionaire.
Julian Goldie, a UK-based best-selling author who studies online trends, recently analyzed the Bloomberg Billionaires Index - a list of the 500 richest people across the globe - to see which names appeared the most.
He rounded up the 10 most popular monikers among the billionaires in the hopes that soon-to-be moms and dads can give their babies a name that will set them up for success.
'The results might give expectant parents a head start in setting their little ones up for future financial success,' he said in the study, per the New York Post.
'Even if there’s no guarantee they’ll become the next Mark Zuckerberg.'
Julian Goldie, a UK-based best-selling author who studies online trends, recently analyzed the Bloomberg Billionaires Index to see which names appeared the most
According to his research, the top names amongst the wealthiest people on the planet included John, David, Thomas, Michael, Wang, Mark, Charles, Zhang, Richard, and Jim
The top 10 names among billionaires - and the total net worth of the people with those monikers
- John: $155.3 billion
- David: $118 billion
- Thomas: $100.2 billion
- Michael: $147.1 billion
- Wang: $48.8 billion
- Mark: $205.8 billion
- Charles: $99 billion
- Zhang: $82.5 billion
- Richard: $33.6 billion
- Jim: $114.6 billion
According to Julian's research, the most common names among the wealthiest people on the planet were John and David, which tied with 12 billionaires each.
Some well-known moguls with the name John include Mars, Inc. heir John Mars, who has a net worth of $48.1 billion, and home improvement store Menards founder John Menard, who is worth $24.5 billion.
As for the name David, there's hedge fund manager David Tepper, who has a net worth of $21.2 billion, and Brazilian banker David Velez, who launched the bank Nubank and has earned $15.2 billion.
Other popular names among the wealthiest people on the planet included Thomas, Michael, Wang, Mark, Charles, Zhang, Richard, and Jim.
'Classic biblical names claim the top spots for billionaire frequency,' Julian pointed out.
'Perhaps suggesting there’s something special about these timeless choices.
'Names like John, David and Michael have stood the test of time, appearing frequently among both historical figures and modern business titans.'
In the end, Julian noted that it takes much more than a moniker to become a billionaire.
But he added that he hoped his research would help the process of picking a name become even easier for new parents.
'Whether you name your child Mark, Michael, or something completely different, the key to success likely has more to do with opportunity, innovation and determination than what’s written on their birth certificate,' he concluded.