Billionaires’
First Steps: The Richest People’s First Jobs & Education
General Trends
80 of the world’s richest 100 people have earned a degree. Exactly a quarter of these graduated with a degree in engineering.
54%
of the world’s richest started working in a non-family owned business.
14% of the
World’s top 100 billionaires started their careers by setting up their own
business.
80 of the world’s richest 100 people have earned a degree. Exactly a quarter of these graduated with a degree in engineering.
2019 Trends
Are billionaires getting younger? In 2017, Mark Zuckerberg was the only individual in the wealthiest 100 under the age of 40. In 2019, there are now five top 100 billionaires below 40, with a trend of software entrepreneurs joining the list.
The wealth
of China is becoming more prominent in the billionaire list. Over the last 2
years, China has moved from having the 4th most individuals in the wealthiest
100, up to 2nd, only behind the United States.
What
type of person is more likely to become a billionaire? New research from Aaron Wallis
Sales Recruitment examines
the wealthiest 100 people’s career backgrounds.
The
research suggests that engineering graduates are most likely to become
billionaires, and if you want to become one of the world’s richest you should
start your career as a software developer or in a stock trader role.
Furthermore, you are far more likely to make the top 100 list if you are a
graduate as 80% of the top 100 has earned a degree.
The
research into first career steps looks at the billionaires who started working
in an organisation that was not their own, or family-owned. These billionaires
were then grouped into the type of their first job, which gave the following
job roles as the top 5 results:
Starting Job Role
|
Count of Job Category
(Total = 54)
|
Engineer
|
8
|
Stock trader
|
8
|
Software Developer
|
7
|
Salesman
|
6
|
Analyst
|
5
|
The
study also looks at the top degree subject by type, which gave the following
degree categories as the top 5 results:
Degree Type
|
Count of Degree Studied
(Total = 80)
|
Engineering
|
20
|
Finance & Economics
|
12
|
Business
|
12
|
Sciences
|
4
|
Philosophy
|
3
|
For
the full results of the study, please visit: https://www.aaronwallis.co.uk/news/top-100-billionaires-2019.aspx
Rob Scott, Managing Director at Aaron Wallis Sales
Recruitment said: “In 2019 we are seeing
a shift in old-money wealth from minerals and resources to a new generation of
billionaires from software entrepreneurship. It’s unsurprising that highly
educated and technically experienced entrepreneurs are making their way to the
top, with a degree being a great basis for the start of your career.”