Billionaires: primary industries by age 2022 | Statista (2024)

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    Published by

    Sep 1, 2023

    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.

    Primary industries* of billionaires around the world in 2022, by age group

    CharacteristicBanking and financeIndustrial conglomeratesReal estateTechnologyManufacturingBusiness and consumer servicesHospitality and entertainmentFood and beveragesNon-profit and social organizations
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    Release date

    May 2023

    More information

    Region

    Worldwide

    Survey time period

    2022

    Supplementary notes

    *Shows the industry to which the billionaires devote most of their time, not necessarily from where they earned their fortunes.

    The source only shows the top five industries of each age group.

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    Billionaires: primary industries by age 2022 | Statista (6)

    Einar H. Dyvik

    Research expert covering Nordics and global data for society, economy, and politics

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    Statistics on " Billionaires around the world "

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    Billionaires: primary industries by age 2022 | Statista (2024)

    FAQs

    Billionaires: primary industries by age 2022 | Statista? ›

    Primary industries of billionaires worldwide 2022, by age

    Continue Reading
    What is the most common industry of billionaires? ›

    427 billionaires amassed their fortunes in the finance sector, making it the industry that yields the most billionaires, followed by technology, manufacturing, retail, and food and beverage, according to Forbes.

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    What is the age distribution of billionaires? ›

    The median age of the world's 3,194 billionaires is now 67 years old, data firm Altrata said in a report released Wednesday. Forty-two percent are over the age of 70, and fewer than 10% are under the age of 50, according to the report.

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    What profession has the most billionaires? ›

    In broader terms, the finance and investment profession has the most millionaires. It also has the most billionaires, with 371. Here's a list of the seven best careers if you want to be a millionaire.

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    What field do most billionaires come from? ›

    The most common industry or sector in which billionaires made their fortunes is technology, followed by finance and real estate.

    Tell Me More
    What sector has the highest number of top ten billionaires? ›

    BILLIONAIRES MADE THEIR WEALTH IN FINANCIAL SERVICES (10%), FOLLOWED BY CONSUMER GOODS (8%), AND FOOD & BEVERAGES (7%) AND REAL ESTATE (7%). 4. GOOD YEAR FOR MEDIA & ENTERTAINMENT, WHICH ADDED US$226BN, OUTPACING SOFTWARE & SERVICES US$149BN, FINANCIAL SERVICES US$118BN AND RETAIL US$104BN.

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    What industry will produce the next billionaire? ›

    Automation and robotics are among the emerging industries and we are experiencing increasing investments in the sector. Almost 65% of billionaires see AI creating the largest commercial opportunities for their operating businesses. Applied AI and generative AI remain the top tech trends in 2023.

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    What is the average IQ of a billionaire? ›

    The average IQ of self-made deca-millionaires (over $10M net worth) is 118. The average IQ of self-made* billionaires is 133. The average IQ of self-made deca-billionaires (over $10B net worth) is 151. Of note, average incomes correlate well with IQ, however there is a much lower correlation between IQ and net wealth.

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    What is the demographic of billionaires? ›

    Demographics of billionaires: A majority of older men

    When taking a closer look at the demographics of billionaires globally, about 88 percent were men in 2022. Only about 10 percent of the billionaires worldwide were younger than 50 years old.

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    At what age are most millionaires made? ›

    Millionaires — those who have a net worth of at least $1 million —are, perhaps not surprisingly, on the older end. They're predominantly 55 and older; just 2.4% are under the age of 35.

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    What job pays $1 million a month? ›

    Jobs that pay $1 million dollars a month include franchise owners with multiple locations. For example, Shaq owns lots of 24-Hour Fitness clubs. Franchise owner is on the list of jobs that pay $1 million dollars a month because it's achievable if you think big.

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    Which degree makes the most millionaires? ›

    Top 7 degrees that make the most millionaires
    • Engineering.
    • Economics/Finance.
    • Politics.
    • Mathematics.
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    • Law.
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    What jobs are in the 1%? ›

    Some examples include:
    • CEO and top executives in large corporations.
    • Investment bankers and hedge fund managers.
    • Lawyers and partners in large law firms.
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    What is the best degree to get rich? ›

    More from Personal Finance:

    Students who pursue a major specifically in science, technology, engineering and math — collectively known as STEM disciplines — are projected to earn the most overall, the Georgetown Center also found.

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    What industry will produce the first trillionaire? ›

    However, even some ultra-rich people themselves believe the world's first trillionaire will come from the tech space.

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    Which industry has the most money? ›

    Energy. Energy is one of the industries that makes the most money in the world and hence, most billionaires.

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    New York

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    What is the most common thing about rich people? ›

    The two studies consistently found that rich people are more conscientious, open to experience, and extraverted than the average population. They are also less agreeable (that is, less likely to shy away from conflict) and less neurotic (as in, more psychologically stable).

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    What is the most rich business? ›

    Top 10 largest companies by market capitalization
    #CompanyMarket capitalization
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    6 more rows

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