Industries Where the World’s Billionaires Got Their Money
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. 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.
The finance and investment industry has created to the largest number of the world’s billionaires. 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.
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.
Currently 163 of the world’s wealthiest come from real estate. 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.
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. 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. 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. 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.