What Industries Do Top World Billionaires Work In?
Certain sectors have been noted to possess the unique ability of creating more billionaires than their counterparts. So, the thought that it does not matter what you do but where you do it from is far from the truth, according to the latest statistics. The world’s billionaires get their money from certain types of industries, which is a fact that has now been proven again and again. So, if you wish to be a billionaire yourself, it pays to learn about these sectors so that you can get a starting point.
Finance and investment is a sector that tops the list of industries that can make you really rich. It not only has the largest numbers of billionaires but is an industry where both men and women have the opportunity to make it big. 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. With its popularity growing exponentially, fintech will catapult the sector of finance and investment to greater heights, meaning that the latter will continue to produce the highest number of billionaires for a considerable period into the future.
Fashion and retail is another sector that has a good number of billionaires. There are 221 billionaires in this industry who account for approximately 12% of the total.
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. It is, however, a sector that requires a serious injection of cash for entrants.
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. A number of others such as telecommunications, pharmaceuticals, energy, food and beverage, and media and entertainment have also made significant contributions to making certain personalities super rich. An important point to note is that many of those who set up businesses that have made billions for them never had such ambitions at the onset. 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.