Billionaires are always celebrated. No wonder Forbes’ yearly documentation of rich people is often a big deal whenever it is released.
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Have you ever stopped to think about how these billionaires make their wealth? In this report, YEN.com.gh will be presenting five industries that have some of the world’s billionaires.
It should be noted that this report only looks at the dominant industries of people in the top 10 richest list.
Almost everything has been digitized in this age for maximum delivery of results. In the top 10, five people made their money from this industry.
The first is Jeff Bezos, the owner of Amazon. Mark Zuckerberg, the founder of Facebook is also on the list. Bill Gates (founder of Microsoft), Larry Page (Google), Sergey Brin (Google) are also on the list.
If one considers software making a subdivision of technology, then Larry Ellison will make the sixth. According to Forbes categorisation, it is not.
Tesla founder, Elon Musk, is the only person in this industry who made the top 10 ranking. Perhaps with more car companies venturing in greener technology, more billionaires in this industry will move up the ladder.
4. Fashion and Retail
Bernard Arnault has been in the news in recent days for briefly displacing Jeff as the richest man in the world. Forbes Real-time indicator shows that the position is still keenly contested between the two. Francoise Bettencourt Meyers is another person under this category.
5. Finance and Investment
Warren Buffet, the astute investor, who is widely cited in economy essays for his many years of experience in the sector falls under this industry.
Meanwhile, it was earlier reported that after Elon stated that his automobile company would no longer accept bitcoin as payment for its vehicles, bitcoin investors lost much of their investment.
It was stated that:
"Cryptocurrency is a good idea on many levels, and we believe it has a promising future, but this can not come at a great loss to the environment."
A statement published by Musk disclosed that the auto manufacturer is planning to replace bitcoin with another cryptocurrency that uses renewable energy or just one per cent energy that bitcoin uses.
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Source: Yen News