Study: My Understanding of Companies

Top Industries that Made the World’s Billionaires

It turns out that a number of sectors are better suited to creating billionaires than others. 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. Top of the world’s richest personalities tend to partake in business activities that are related to certain industries. 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.

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. The field of fintech, which refers to financial technology services, is responsible for a significant rise in the number of successful entrepreneurs in this sector. 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. Currently 12% of the world’s billionaires who are 221 in number are in this industry.

In real estate are 163 personalities who made it to the list of world super rich. The property types that seem favorite in this regard are those of a commercial type since they are the sources of the most income. 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. There are 157 global billionaires in this sector, meaning that you too could join them if you have a thing for producing items on a large scale. Manufacturing too requires you to invest serious funds in it because that is the only shortcut to success.

The top are four of the top industries that have created the current crop of billionaires. Others like healthcare, food and beverage, telecommunications, media and entertainment, and energy have also contributed to making people really wealthy. Most of these wealthy individuals never started out with the intentions of making it to the lists of the world’s super 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.