When it comes to becoming a billionaire, many people opt for many different industries. But some fields always had an edge. People have been able to turn their idea into reality and earned billion in these fields. And this is exactly what we are going to look at today.
According to Business Insider, there is over a thousand billionaire all over the world. That means many have found the secret sauce of Earning Billions. So, without any further ado let us dive right in, and find out more about the industries.
According to Wealth-X, over 7.6% of the wealthiest people made their money on real estate. And this one is a complete no-brainer. Real estate has some of the largest returns on investment than any other industry in the world.
And this is why a massive number of Billionaires are somehow involved in real estate. The wealthiest real-estate developer in the united states is named Stephen Ross. He has a net worth of around 8 Billion US dollars.
With the ever-growing technological development, most of the Billionaires on the top of the mountain are from tech industries. Even though the tech industry does not hold the title of having the most number of billionaires on the list, but they have some of the richest individuals in the industry.
Some of the noteworthy names will be, Bil Gates, Mark Zuckerberg, Larry Page, and last but not least Elon Musk.
This may come as a surprise. But there are a big number of Billionaires in the Health industry. For example, the richest person in Switzerland is a massive shareholder in the pharmaceutical company Serono.
Investment and Finance
If you are handling money, you are going to earn a ton of it as well. This is the main motto of this industry. And nevertheless, it works like a charm.
Some of the most ultra-wealthy Billioniers are from the investment and finance industry. The banking, investment, and finance industry arguably hold the most number of Billionaires.
And even though many of the billionaires we see today are not into finance, most of them started there.
There is no shortage of billionaires in the manufacturing industry. Almost 7 percent of the wealthy people have made their fortune from the manufacturing sector according to Wealth-x.
Some of the other noteworthy industries full of billionaires would be
- Food and Beverage
- Fashion and retail
A thing to keep in mind is that most of the billionaires did not set out to be one in the first place. But research has shown that most successful ones started their careers in these industries. That means these industries have what it takes to convert the hard work, passion, and master plans into Financial mountains.…