What Industries Do Top World Billionaires Work In?
There are sectors with the ability to create more billionaires than their alternatives. 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. If you intend to make an investment, here is a look at the types of sectors that you should think of so as to make it big.
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. 267 billionaires of the total 1,810 that are in the world are known to derive their status from working in this sector. 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. 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. The property types that seem favorite in this regard are those of a commercial type since they are the sources of the most income. It is, however, a sector that requires a serious injection of cash for entrants.
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. 157 of the worlds’ billionaires are into manufacturing, and you can join their ranks if you make an investment in that sector. Here too, there are serious capital requirements that you need to satisfy before you get a solid footing.
4 of the top industries that have produced the most billionaires in the world have been highlighted briefly in the text above. 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. Most of these wealthy individuals never started out with the intentions of making it to the lists of the world’s super wealthy. For most, their ventures were meant to satisfy their various interests or to help solve pressing problems in the world. However, their activities soon catapulted them to the top in no time due to hard work and commitment.