Top Industries that Made the World’s Billionaires
It turns out that a number of sectors are better suited to creating billionaires than others. 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. There is now a trend that shows the sectors where the top world billionaires get their cash. So, if you wish to be a billionaire yourself, it pays to learn about these sectors so that you can get a starting point.
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. The sector has a total of 267 of the total 1,810 billionaires that the world has at present. The field of fintech, which refers to financial technology services, is responsible for a significant rise in the number of successful entrepreneurs in this sector. 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.
The fashion and retail sector is the number two producer of the super wealthy that are in the globe. With 12% of the world’s rich, there are 221 billionaires in this industry.
In real estate are 163 personalities who made it to the list of world super rich. 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. There are 157 global billionaires in this sector, meaning that you too could join them if you have a thing for producing items on a large scale. Just like in real estate, the capital requirements in manufacturing are quite substantial.
The top are four of the top industries that have created the current crop of billionaires. However, there are others that have also made significant contributions to making some people wealthy, and these are energy, media and entertainment, telecommunications, food and beverage, and healthcare. Most of these wealthy individuals never started out with the intentions of making it to the lists of the world’s super wealthy. Their primary motivation was to solve problems or venture into something they really enjoyed. However, their activities soon catapulted them to the top in no time due to hard work and commitment.