Which industry should you go into if you want to be a billionaire? The chart below shows which industries have the highest number of billionaires and the highest total net worth of billionaires.
Data Source: Forbes; Classifications of industry are modified |
From the chart, the top 3 industries with the most number of billionaires is Investments (145), followed by Fashion and Retail (132) and Real Estate (104). In terms of total net worth, the top 3 industries with the highest billionaires' total net worth is Fashion and Retail (US$685bn), followed by Investments (US$507bn) and Technology (US$447bn).
Some billionaires from these categories include:
Investments:
Warren Buffett (Berkshire Hathaway), George Soros, Carl Icahn (activist investor), John Paulson, Richard Chandler (NZ investor), Henry Kravis (of private equity firm KKR)
Fashion and Retail:
Bernard Arnault (LVMH), Amancio Ortega (Zara), Stefan Persson (H&M), Karl Albrecht (Aldi), Christy Walton & family (Walmart), Liliane Bettencourt (L'Oreal)
Real Estate:
Lee Shau Kee (HK), Donald Trump, Gerald Cavendish Grosvenor & family
Technology:
Bill Gates (Microsoft), Larry Ellison (Oracle), Sergey Brin (Google), Larry Page (Google), Jeff Bezos (Amazon), Mark Zuckerberg (Facebook), Michael Dell (Dell), Steve Ballmer (Microsoft), Paul Allen (Microsoft), Eric Schmidt (Google)
Note that the chart has not followed the classifications of industry by Forbes exactly. For example, the industry category Healthcare above includes both the Healthcare and Medicine categories from Forbes. The industry category Fashion and Retail above includes both the Fashion and Retail and Retail categories from Forbes. In addition, there are also some other re-classifications of industry based on the Source of their wealth provided by Forbes.
See the first series of graphs and analysis in Part 1 (Billionaires: Age Distribution, Youngest / Oldest Billionaires) and Part 2 (Billionaires by Country and Continent).
Data Source: Forbes; Graphs: Generated by me
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