Billionaires in the higher tiers often create and hold significant shares in now-public businesses.
These businesses often evolve into large, multinational companies.
This includes well-known billionaires like Microsoft’s Bill Gates and Amazon’s Jeff Bezos.
In this video, I will profile a few famous billionaires and how they made their fortunes.
I will also profile a few unknown billionaires and how they made their billions.
Billionaires favor industries such as banking, finance, and conglomerates because that’s where large pools of money live.
Banking, finance, and industrial conglomerates dominate the focus of most billionaires.
Nearly 21% of billionaires made an average of $3.2 billion from these two industries.
Real estate, food and beverage, and manufacturing also made the top five.
Technology billionaires have accumulated the largest networth of all billionaires.
The tech titans’ average net worth was almost $6 billion — far more significant than in all other industries.