What job is most likely to make you a billionaire?
In broader terms, the finance and investment profession has the most millionaires. It also has the most billionaires, with 371.
Finance: Investment bankers, hedge fund managers, and private equity investors can also become billionaires through high earnings and successful investments. Real estate: Investing in real estate and developing properties can also lead to significant wealth, as can beco.
- Computer network architect. ...
- Air traffic controller. ...
- Petroleum engineer. ...
- Lawyer. ...
- Physicist. ...
- Computer and information systems manager. ...
- Dentist. ...
- Surgeon. National average salary: $239,200 per year Primary duties: Surgeons diagnose and treat patients using surgical and non-surgical interventions.
Finance and investments remains the surest way to get ultra-rich. It's the industry with the highest number of billionaires, 372, including hedge fund and private equity tycoons, bankers, venture capitalists and fintech founders.
In the United States, a billionaire is a person with a net wealth of a billion dollars, or $1,000,000,000. Billionaires in other countries are defined by other monetary units. For example, a billionaire in the eurozone has a net worth of €1 billion, while a billionaire in the United Kingdom has £1 billion or more.
Elon Musk. Elon Musk did odd jobs at his cousin's farm. He tended to vegetables, shoveled grain bins and cut logs with a chainsaw. Later in Vancouver, he would clean the boiler room of a lumber mill for $18 an hour.
There are a few jobs that make a million or more dollars per year. Some of these jobs include investment bankers, surgeons, and CEOs of major corporations. However, there are a few other jobs that make a million or more per year that are not as well-known. One such job is a professional gambler.
- CEO and top executives in large corporations.
- Investment bankers and hedge fund managers.
- Lawyers and partners in large law firms.
- Medical doctors and specialists.
- Tech entrepreneurs and venture capitalists.
- Professional athletes and entertainers.
- Real estate.
Dave Ramsey on X: "Top 5 Careers of Millionaires: 1. Engineer 2. Accountant (CPA) 3. Teacher 4.
- Actor.
- Author.
- Accountant.
- Insurance agent.
- Investment banker.
- Professional athlete.
- Entrepreneur.
- Hedge fund manager.
Which field are most billionaires in the world?
In 2022, banking and finance was the industry to which the highest share of the world's billionaires across all age devoted most of their time. Moreover, one fifth of the billionaires below 50 years devote most of their time to technology.
“On average, the wealthiest start their lives substantially richer than other households in the same cohort, own mostly private equity in their portfolios, earn higher returns, derive most of their income from dividends and capital gains, and save at higher rates,” the paper stated.
- Finance & Investments. 427 billionaires | 15% of list. ...
- Technology. 342 billionaires | 12% of list. ...
- Manufacturing. 328 billionaires | 12% of list. ...
- Fashion & Retail. 285 billionaires | 10% of list. ...
- Food & Beverage. 210 billionaires | 8% of list. ...
- Diversified. 201 billionaires | 7% of list. ...
- Healthcare. ...
- Real Estate.
According to Forbes Billionaires List 2024, a 19-year-old Brazilian student Livia Voigt was named the youngest billionaire. She took this title from an Italian teen, Clemente Del Vecchio, who is just two months older than her.
It can be hard to grasp just how much more money $1 trillion is than $1 billion. Basically, $1 trillion is equal to 1,000 billion dollars, which itself equals 1,000 million dollars, Investopedia said. Simply put, a trillionaire would be the custodian of a "phenomenal sum of money."
- START A SUCCESSFUL BUSINESS. Founding a highly profitable company in a rapidly growing industry can pave the way to immense wealth. ...
- INVEST WISELY. ...
- CREATE VALUE. ...
- SCALE UP. ...
- LONG-TERM VISION. ...
- NETWORK AND COLLABORATE. ...
- PHILANTHROPY AND GIVING BACK.
Early years
During Zuckerberg's high-school years, he worked to build a music player called the Synapse Media Player.
He actually attended the University of Pennsylvania, where he received degrees in both physics and economics. It is true that Musk's grades in high school were not exceptional, with some reports indicating that he had a GPA of around 2.0 or a C average.
Bill Gates
First job: Bill Gates worked as a computer programmer for TRW during his senior year in high school at the age of 15.
Those earning over $10m per year mostly work in management and finance, though there are significant numbers in sales, real estate, operations, medicine, law, engineering and art at this level.
What job makes $1000000 a year?
Business owner is the job or career that makes the most millionaires. A job in sales, such as real estate or SaaS (Software as a Service) can also make you a millionaire after several successful years. The investment field can also make you a millionaire. Certain surgeons can also become millionaires.
Doctors in the top 10 percent averaged $1.3 million. And those in the top 1 percent averaged an astounding $4 million, though most of that (85 percent) came from business income or capital gains.
Nationally, households that make $652,657 are considered among the top 1%. They earn more than eight times as much as the median household, which sits around $75,000. However, the 1% threshold varies from state to state, ranging from as much as $953,000 to as little as $368,000.
2021 Average Annual Wages | |
---|---|
Group | Avg. Wages |
Top 1% of Earners | $819,324 |
Top 5% of Earners | $335,891 |
Top 10% of Earners | $167,639 |
- Air traffic controller.
- Veterinarian.
- Senior creative director.
- Management consultant.
- Tattoo artist.
- Psychiatrist.
- Orthodontist.
- Anesthesiologist.