Industries Where the World’s Billionaires Got Their Money
There are sectors with the ability to create more billionaires than their alternatives. 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. So, if you wish to be a billionaire yourself, it pays to learn about these sectors so that you can get a starting point.
The finance and investment industry has created to the largest number of the world’s billionaires. 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. 267 billionaires of the total 1,810 that are in the world are known to derive their status from working in this sector. 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.
The fashion and retail sector is the number two producer of the super wealthy that are in the globe. Currently 12% of the world’s billionaires who are 221 in number are in this industry.
Real estate is estimated to hold 163 billionaires. A majority of these persons have invested in the commercial real estate field. 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. 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. 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. Their primary motivation was to solve problems or venture into something they really enjoyed. 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.