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. It not only has the largest numbers of billionaires but is an industry where both men and women have the opportunity to make it big. The sector has a total of 267 of the total 1,810 billionaires that the world has at present. 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.
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. 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. 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. 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. For most, their ventures were meant to satisfy their various interests or to help solve pressing problems in the world. It is after nurturing their ventures and working hard that they soon became top in their leagues in terms of fame, cash, and quality.