Business Finances By Ayda Walsh Share Tweet Share Share This was forwarded to me by a friend/client who studies wealthy people in the world as a big hobby! It is interesting to see the billionaires and their matching Industries. Real estate is what we look at and what type of investments and trends are going in place. For example, right now the trend is to push people to Condo / Apartments- more consolidated living arrangements. There is a trend to bring more people together, make the "smaller" living style a trend with upcoming marketing trends. It is cool to see and track what these people invest in and some interviews if you can find them. This is not for the money part of it but the trends and mental attitude of these people. Of course there are a lot of Millionaires and billionaires that inherit, divorce into the wealth as well. So looking at the self-made ones may be of some interest to some. "Most fortunes were made in the staid finance and investments industry. This year, 306 billionaires hail from this industry, which makes up 14% of the 2,153 total billionaires on the list. Notable finance and investing list members include Warren Buffett, the third richest person in the world and Robert Smith, the founder of private equity firm Vista Equity Partners. Despite the price of Bitcoin and other cryptocurrencies crashing over the past year, Brian Armstrong, the CEO and cofounder of cryptocurrency wallet Coinbase, became a billionaire this year. Last year finance and investments also ranked as the industry with the most billionaires, with 310 people. It turns out managing or investing other people’s money can make you rich. Selling people homes, or leasing office space to companies are also popular ways to make piles of money. Real estate comes in third with 223 billionaires, about 10% of the world’s richest people. China has the most real estate billionaires with 55, compared to 46 in the U.S. Hui Ka Yan, chairman of developer Evergrande Group, is the richest real estate mogul in the world with a $38.3 billion fortune. Donald Bren, owner of Southern California-based Irvine Co., is the richest real estate developer in the U.S. at $16.4 billion. But the most famous among the real estate set is President Donald Trump, whose net worth is unchanged from a year ago at $3.1 billion. Ironically, Trump’s most valuable holdings are interests in two office towers, one in San Francisco and one in New York City, that do not bear his name. "List of the top 10 industries in which billionaires made their fortunes.Top 10 Industries for 2019 :1. Finance & Investments306 billionaires14% of the list2. Fashion & Retail230 billionaires11% of the list3. Real Estate223 billionaires 10% of the list4. Technology214 billionaires10% of the list5. Manufacturing188 billionaires9% of the list6. Diversified188 billionaires 9% of the list7. Food & Beverage171 billionaires8% of the list8. Healthcare135 billionaires6% of the list9. Energy85 billionaires4% of the list10. Media & Entertainment71 billionaires3% of the listReference: Forbes.com - How The World's Billionaires Got So Rich How useful was this post? Click on a star to rate it! Submit Rating Average rating 0 / 5. Vote count: 0 No votes so far! Be the first to rate this post.
