4. Phil Ruffin

Phil Ruffin, who is the owner of Treasure Island Hotel Casino in Las Vegas, likes investing in hard assets.

He believes hard assets such as land, building, precious metals and stones that have strong cash flows along with the tendency to appreciate in value in future, must be chosen for investment purpose. You should not forget that hard assets are also an excellent inflation hedge. Ruffin, like Mark Cuban, says that the average investor should to avoid investing in stock.   

More: 4 Prolific Investment Options for NRIs

5. John Paul DeJoria

John Paul Jones DeJoria is the one of the co-founders of the Paul Mitchell line of hair products.  The American billionaire businessman generates $1 billion of revenue annually.

DeJoria, is a man who raised from racks to riches. Basically the second son of divorced couples started earning bread for his family at the early age of nine, by selling Christmas cards and newspapers with his older brother. He had spent much of his youth in a street gang in Los Angeles, but gained incite after he was told that he would "never succeed at anything in life" by his high school math’s teacher.

His advice to the budding investor is to diversify their investment in gold, silver and in percent in blue-chip stocks that pay a bulletproof dividend.

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