From Mark Zuckerberg to Richard Branson: Here Are 5 Amazing Leadership Lessons From Famous 'Dadpreneurs'
1. Elon Musk: Good parenting is both in the details and carrying out a long-term vision
2. Bill Gates: Teach your kids to find meaning in their work
3. Richard Branson: Success in business is really important -- but family is first
4. Warren Buffett: Earn respect and love through your accomplishments and behavior -- not fortune
The CEO and founder of Facebook hasn’t been a dad for very long but he’s been extremely public about his adoration toward his daughter. When Mark Zuckerberg and his doctor wife Priscilla Chan became parents to Maxima “Max” Zuckerberg last November the 32-year-old tech billionaire took two months paternity leave from Facebook, one of the few U.S. companies to offer up to four months paid paternity leave.
"Studies show that when working parents take time to be with their newborns, outcomes are better for the children and families," Zuckerberg explained at the time in a Facebook post.
He also posted on Facebook an open letter to his daughter, in which he describes his hopes of the sort of world he’d like her to grow up in, while also announcing that he is pledging 99 percent of his $46 billion fortune to his joint charitable foundation with his wife.
“As you begin the next generation of the Chan Zuckerberg family," he wrote, “we also begin the Chan Zuckerberg Initiative to join people across the world to advance human potential and promote equality for all children in the next generation. Our initial areas of focus will be personalized learning, curing disease, connecting people and building strong communities.” The point of his donation, he wrote, is to move the needle to better the world.
While Zuckerberg clearly doesn’t have a lot of free time while helming the biggest social-media company in the world connecting 1.65 billion active users, as of data from March 2016, it’s clear that fatherhood has changed his leadership for the better. It not only has made him want to better the world through his massive reach and fortune, but it’s also enhanced his brand as a Silicon Valley leader, making him more accessible and humanized through one warm-and-fuzzy Facebook post at a time.
Here are four more famous entrepreneurs who give fatherhood a good name.
Related: On Being a Startup CEO and a Dad
Elon Musk is not only the CEO of Tesla and SpaceX, but he is raising a team of children to be the next generation of tech pioneers. Musk is father to five -- that’s right, five -- young boys: a set of twins and triplets.
When asked how he manages juggling both his demanding career and raising five children, he replies in earnest, “With great difficulty.”
Parental challenges aside, Musk is very involved in his children’s upbringing, saying in an interview, “We made model rockets the other weekend. Also I like playing video games.”
While Musk has gotten some criticism over his quirky and sometimes insensitive behavior -- it was reported in Ashlee Vance’s 2015 biography Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future that he once berated an employee for skipping work to attend his wife’s childbirth (a fact which Musk denies) -- it is clear that the South African-born entrepreneur is supremely invested in his children’s education.
According to the UK Telegraph, unsatisfied with the schools his kids were attending in Hawthorne, Calif., Musk started his own exclusive school called Ad Astra (Latin for “to the stars”) for his own children and others -- 15 kids in total -- inside a mansion in Mountain View, Calif. run by three teachers he’d handpicked.
And like most futurist dads, he harbors some far-out hopes and dreams for his own kids, saying, “I hope they’ll be able to travel to other planets… perhaps even to see a self-sustaining base on Mars.”
When billionaire philanthropist Bill Gates stepped down as executive chairman of Microsoft, the company he co-founded with Paul Allen in 2008, he publicly pledged to leave the bulk of his $75.6 billion fortune to charity.
His motivation, Gates explained in a TEDTalk in Vancouver in 2014, is that he wants to encourage his kids “to make their own way in the world without the help of billion-dollar trust funds.”
Instead, the founder of The Bill & Melinda Gates Foundation wishes to enable his children with an amazing education “so they can learn how to rely on their own abilities,” telling Wired the importance of his kids having “a sense that their own work is meaningful and important.”
It’s obvious that Gates harbors high regard for his own parents, both of whom he’d clashed with as a surly and precocious tech geek growing up in Washington.
However, his mother was influential in Gates’ decision to devote his fortune to good works and his father William Gates Sr., a retired lawyer, works closely with his son to help him run The Bill & Melinda Gates Foundation.
While Branson has made headlines for his risk taking and joie de vivre, he is also a father to three children and remains extremely tight with his 91-year-old mother, Eve Branson, a grand dame who works on various charities with her famous son, including The Eve Branson Foundation and International Centre for Missing and Exploited Children.
The British entrepreneur shared the meaning of family with the Guardian in 2015, when he told the publication:
“My family means the world to me, much more so than business. We are lucky to be very close-knit and that cousins, nephews and nieces all get along. Being a grandparent is going to be a lot of fun… so I’m looking forward to spoiling them and seeing my family’s happiness increase.”
Like many successful business leaders, the CEO of Berkshire Hathaway (worth $65.7 billion) has been a workaholic for the majority of his 85 years. However, it’s clear Warren Buffett’s humble ways and lifestyle left an impression on his three adult children.
His 58-year-old son Peter tells Business Insider that his upbringing was very modest and normal, and he didn’t realize the scope of his father’s fortune and influence until he was about 25.
"I walked to public school... I had the same English teacher that my mother had… [Finding out] was very gradual ... The truth is, it just wasn't around... We didn't grow up around the exposition of wealth."
In fact, by the time Buffett’s children knew about their father’s wealth, they were already formed and developed as adults, says Buffett.
“[My kids] knew who their friends were," he explains, "and their friends were their friends because they liked ‘em, and not because they were the rich kid on the block or anything of the sort.”