Top Industries that Made the World’s Billionaires
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. Top of the world’s richest personalities tend to partake in business activities that are related to certain industries. 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.
Finance and investment is a sector that tops the list of industries that can make you really rich. Besides, it is a sector where men and women have an equal chance of becoming super wealthy. Of the 1,810 billionaires, 267 of them work in the finance and investment industry. Financial technology services; better known as fintech is to credit for the rise of this industry. Interestingly, fintech will continue to dominate since it has disrupted the traditional finance and investment way of doing business and is offering better solutions.
Fashion and retail is another sector that has a good number of billionaires. With 12% of the world’s rich, there are 221 billionaires in this industry.
In real estate are 163 personalities who made it to the list of world super rich. 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. 157 of the worlds’ billionaires are into manufacturing, and you can join their ranks if you make an investment in that sector. Manufacturing too requires you to invest serious funds in it because that is the only shortcut to success.
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. 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. It is after nurturing their ventures and working hard that they soon became top in their leagues in terms of fame, cash, and quality.