Study: My Understanding of Companies

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. 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. The sector has a total of 267 of the total 1,810 billionaires that the world has at present. Financial technology services; better known as fintech is to credit for the rise of this industry. 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. Currently 12% of the world’s billionaires who are 221 in number are 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. Entry into this sector is not easy for many due to the heavy capital investments involved.

People always need things, and that has made the manufacturing sector to be one of the best to invest in for someone who wishes to make billions. 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.

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. They simply wanted to do something they enjoyed or help in correcting some of the common problems in life. However, their activities soon catapulted them to the top in no time due to hard work and commitment.