It’s no secret that we are obsessed with billionaires – especially the self-made – here at Celebrity Net Worth. And we think that since you are reading our content, you should be too. Plus, you may be spending more time than you should be thinking about what you would do and buy if you were a billionaire. Do you also spend time thinking about how to become a billionaire other than winning the lottery or marrying an heir? It takes something special – a unique commitment to pure ambition and your vision of earning enough money to be a billionaire. Clearly, some jobs and industries are more suited to the creation of billionaires than others. Technology comes to mind – a great idea for an app or startup and you’re on the right track! However, technology is not as high on the list of top industries for becoming a billionaire as you might think. In a report analyzing people with net worth over $ 5 million, the research company Wealth-X identified the industries that created the most millionaires and billionaires in the world.
#ten. Food and drink
We are not talking about waiting tables here, friends. Think more about disrupting a sector of the food and beverage industry like KIND bar founder Daniel Lubetzky (net worth $ 1.5 billion), owner of LaCroix Nick Caporella (net worth $ 2.4 billion) and the founders of Clif Bar, Gary Erickson and Kit Crawford (net worth: $ 850 million each). Tilman Fertitta (net worth $ 4.7 billion) made his money through Landry’s, his Texas-based restaurant and entertainment company. According to Wealth-X, 3.8% of people with very high net worth made a fortune in food and drink.
# 9. Construction and engineering
Tilman Fertitta is also mentioned in this category because he founded a construction company in his early thirties which was very successful, allowing him to have the money to invest in a restaurant called Landry’s in 1986. The rest belongs to the story. In the late 1970s, James Dyson (worth $ 5.7 billion) began developing a vacuum cleaner that used cyclonic separation to pick up dirt. Its new vacuum cleaner eliminated the need for a vacuum bag and remained more efficient over time. He couldn’t convince anyone to make the vacuum cleaner. So he ended up launching the product in Japan and starting his own manufacturing company. The Dyson vacuum cleaner has become a worldwide phenomenon and is now the most popular vacuum cleaner in the UK. According to Wealth-X, 3.9% of the wealthy have made a fortune in construction or engineering.
# 8. Hospitality and entertainment
This category covers everyone from Cirque Du Soliel founder Guy Laliberte (net worth $ 1.8 billion), to George Lucas (net worth $ 6.5 billion), to Steven Spielberg (3.7 billion), and, again, to Tilman Fertitta. According to Wealth-X, 4.1% of wealthy people made a fortune in this industry.
# 7. Manufacturing
Wealth-X reports that 4.1% of the wealthy earned their money in this sector. Diane Hendricks(net worth $ 7 billion) is one example. Hendricks is the CEO and owner of ABC Supply. ABC is the largest distributor of roofing, siding and windows in the United States.
# 6. Technology
We thought technology would have ranked higher on this list given the extreme number of billionaires in this sector – Jeff Bezos (net worth $ 145 billion), Bill Gates (net worth $ 110 billion), Mark Zuckerberg ( net worth $ 80 billion), Larry Ellison (net worth $ 65 billion), Larry Page (net worth $ 65 billion), Sergey Brin (net worth $ 63 billion), Evan Spiegel (net worth $ 2.5 billion), the founders of Airbnb, the guys from Lyft, the guys from Uber, the Collison brothers from Stripe, all the founders from PayPal who founded more startups, etc. However, Wealth-X found that only 4.7% of the very wealthy made a fortune in the tech industry.
# 5. Health care
Ernesto Bertarelli ($ 15 billion), husband of the fabulous Kirsty Bertarelli, is the richest person in Switzerland thanks to his participation in the family pharmaceutical company Serano. BMW heiress Susanne Klatten (net worth $ 19 billion) improved her net worth with her stake in the drug maker Altana. The world’s most punishable man, Martin Shkreli ($ 70 million peak net worth) made his fortune by measuring the public against the price of the drugs his company touted. The Sackler family once had a collective net worth of $ 14 billion through their business, Purdue Pharma, maker of the highly addictive pain reliever Oxycontin. These days, the family and their business are mired in lawsuits for the methods used to push the drug against doctors and the public. Wealth-X reports that 4.9% of wealthy people make their money in the health care sector.
# 4. Real estate
This seems obvious, but, like me, you may know a struggling real estate agent or two. Well, it can make money, but not obscene money. Real estate developer Stephen Ross ($ 7.7 billion net worth) is the wealthiest real estate developer in the U.S. Legendary former Dallas Cowboys quarterback Roger Staubach (net worth) $ 600 million), earned his money not in the NFL, but in real estate development. Los Angeles Rams owner Stan Kroenke (net worth $ 7.7 billion) began his professional career in real estate and founded the Kroenke group in the early 1980s. The business focused on the development of shopping centers and apartment complexes. After marrying Ann Walton Kroenke, one of Wal-Mart’s heirs, he also began to develop Wal-Mart shopping centers. In the early 90s, he founded THF Realty, a development company focused on suburban areas. Wealth-X reports that 5.4% of wealthy individuals have made a fortune in real estate.
# 3. Non-profit and social organizations
OK, this one is a bit misleading. Look, there is not a lot of money in associations. People generally work in this area because they are passionate about it. While Wealth-X found that 7% of the very wealthy work full time in non-profit organizations, we here at Celebrity Net Worth have to put an official asterisk on it because these people are people like Bill and Melinda Gates who work for and manage their own non-profit. When you are worth more than $ 100 billion, you have this option.
# 2. Business and consumer services
This is a fairly broad category that includes the owner of the Baltimore Ravens, Stephen Bisciotti (net worth $ 4 billion), who started a recruiting business in his basement with his cousin. The company, called Aerotek, has provided personnel for the technology and aerospace sectors. Aerotek has since become the Allegis Group, a multi-million dollar recruiting company that is currently the largest in the United States. Also in this category, Robert F. Smith (net worth $ 5 billion), founder of the private equity firm Vista Equity Partners. Vista is in the not-so-sexy enterprise software category. David Steward (net worth $ 4 billion), founded the computer company World Wide Technology. Wealth-X discovered that 16% of people with ultra high net worth made a fortune in this industry.
# 1. Banking and financial
From investment bankers to hedge fund managers, this industry created more wealthy people than any other at 22.6%. Ken Griffin (net worth $ 10 billion), Dan Loeb (net worth $ 2.3 billion), Steven Cohen (net worth $ 14 billion) Jamie Dimon (net worth $ 1.6 billion) , Paul Singer (net worth $ 1.9 billion), Carl Ichan (net worth $ 18 billion), David Shaw (net worth $ 6.8 billion) and Ray Dalio (net worth $ 14 billion ) all fall into this category.