If you want to cook, learn from a chef.
If you want to dance, learn from a dance instructor.
If you want to work to get rich, learn from the rich.
There are a total of 2,325 billionaires on the planet, and they control 4 percent of the world’s wealth.
Based on news report from Wealth-X, approximately 13 percent of them made their fortunes by inheriting their fortune, 27 percent of them became billionaires from re-investing their inheritance and a staggering 60 percent of billionaires made their mark themselves.
So lets go down on how they made all that money.
“Opportunities for significant wealth gains can be found across most, if not all industries,” according to the report, “but certain industries have been particularly important sources of billionaire wealth generation.”
And these are the top five industries:
Wealth-X and UBS Billionaire Census 2014
Unsurprisingly, most billionaires make their dough in finance.
The fascinating trend here is just how much wealth industrial conglomerates are creating, which Wealth-X chalks up to globalization.
“Billionaires are increasingly gravitating towards diversified business ventures such as industrial conglomerates, especially in emerging markets,” the reports says. “For Latin America and the Caribbean, Asia, Africa, and the Middle East, the largest proportion of new billionaires made their fortunes in industrial conglomerates.”
This article first appeared on Business Insider.
