What Industries Do Top World Billionaires Work In?
There are sectors with the ability to create more billionaires than their alternatives. While that thought is arguable since some schools of thought are of the opinion that it matters not whatever you do but where you do it from, statistics don’t lie. 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. Interestingly, fintech will continue to dominate since it has disrupted the traditional finance and investment way of doing business and is offering better solutions.
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.
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. Just like in real estate, the capital requirements in manufacturing are quite substantial.
In the text above is a discussion concerning the 4 top sectors that have created the top billionaires that the world has at present. 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. 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. They simply wanted to do something they enjoyed or help in correcting some of the common problems in life. 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.