Industries Where the World’s Billionaires Got Their Money
Certain sectors have been noted to possess the unique ability of creating more billionaires than their counterparts. In short, the idea that it does not matter what you do but where you do it from is no longer relevant due to the recent studies on the super rich. The world’s billionaires get their money from certain types of industries, which is a fact that has now been proven again and again. Next is a look at some of the industry types that you should think of in case you wish to follow the footsteps of the world’s top billionaires.
A majority of the super rich in the world work in the finance and investment industry. Besides, it is a sector where men and women have an equal chance of becoming super wealthy. Of the 1,810 billionaires, 267 of them work in the finance and investment industry. Partly to credit for the rise of this sector to the top is the field of fintech or financial technology services. The future of fintech is quite bright due to its increasing popularity, and that will make it produce a large number of billionaires for the finance and investment industry, which will continue to lead the pack for the next few decades.
Fashion and retail is another sector that has a good number of billionaires. With 12% of the world’s rich, there are 221 billionaires in this industry.
Currently 163 of the world’s wealthiest come from real estate. Commercial properties seem to be the favorites as they seem to result in the highest net worth. However, you will need serious capital to venture into productive real estate.
Since the demand for products keeps on rising, an investment in manufacturing is one that could make you a billionaire one day. With 157 billionaires who have made it big in this sector, you too have something to look forward to by taking this route. Manufacturing too requires you to invest serious funds in it because that is the only shortcut to success.
4 of the top industries that have produced the most billionaires in the world have been highlighted briefly in the text above. Others like healthcare, food and beverage, telecommunications, media and entertainment, and energy have also contributed to making people really wealthy. It is interesting to note that a good number of those whose businesses have made them billionaires never started those commercial ventures with the intention of becoming that wealthy. For most, their ventures were meant to satisfy their various interests or to help solve pressing problems in the world. In a matter of years and after putting in a lot of effort, their ventures turned into what we know today- multi-billion enterprises that are known the world over.