According to Forbes, in 2021, there will be more than 2,755 billionaires. And from this list of billionaires, analysts have filtered out the 10 industries that create the most billionaires in the world.
Finance – investment contributed to 371 billionaires globally, typically ‘The Oracle of Omaha’ Warren Buffett. In addition, billionaires also enrich with beauty, technology, real estate … Here are 10 industries that create the most dollar billionaires in the world.
1. Finance – Investment
Number of billionaires: 371; accounted for: 13%.
The richest person: Warren Buffett ($96 billion) – Chairman and CEO of investment company Berkshire Hathaway. The company owns shares in more than 60 businesses, including Duracell and Dairy Queen.
Legendary investor Warren Buffett has 10 investing rules for success: It all starts with good communication; Look to the future, not the past; When investing, innovate – don’t follow; Simple life; Always ready to learn new things; Never invest with borrowed money; Dividends are key to long-term growth; Remember that anything is possible.
Number of billionaires: 365; accounted for: 13%
The richest person is Jeff Bezos ($177 billion) – the founder of e-commerce giant Amazon. He also owns the Washington Post and aerospace company Blue Origin.
To become a successful person in the technology field, Jeff Bezos has 5 immutable principles: Take risks; Make appropriate decisions quickly; Find your passion; Accept detours; Don’t lose the difference.
Number of billionaires: 331; accounted for: 12%.
The richest person: He Xiangjian ($35 billion) – founder of Midea Group home appliances. The company currently has more than 200 branches and is listed on the Shenzhen Stock Exchange.
He Xiangjian is the developer of the Midea Group – one of the world’s largest electronics manufacturers, with more than 200 subsidiaries including Kuka, the famous German robotics company.
He Xiangjian is China’s fourth-richest person with $32.8 billion. He resigned in 2012, leaving his son He Jianfeng to take over.
4. Fashion and Retail
Number of billionaires: 273; accounted for: 10%.
Richest person: Bernard Arnault ($150 billion) – Chairman and CEO of LVMH. He currently manages more than 70 brands, including Louis Vuitton, Tiffany & Co and Sephora.
To be successful in this field, Bernard Arnault has 3 business secrets as follows: Long-term vision; Step out of the office and into the stores; Patience.
Number of billionaires: 221; accounted for: 8%.
The richest person: Jiang Rensheng (24.4 billion USD) – President of vaccine company Chongqing ZFSW Biological Products. The company is developing a tuberculosis vaccine.
Mr. Jiang Rensheng is the richest person in the world in the field of health and wellbeing, according to Forbes magazine. At the same time, he is also the billionaire with the strongest increase in wealth this year in the healthcare sector, with a sharp increase of 221%. Currently, he and his family are worth more than 24.4 billion USD.
6. Food and Beverages
Number of billionaires: 219; accounted for: 8%.
The richest person: Zhong Shanshan ($68.9 billion) – Chairman of bottled water company Nongfu Spring. He also currently controls Beijing Wantai Biological Pharmacy.
Billionaire Zhong Shanshan once shared, for a small business to grow and be stronger, the business field must be different from the majority. And that field must be highly profitable. This is the only way to create opportunities for business growth.
Among Chinese businessmen, Zhong Shanshan is said to be very knowledgeable about marketing. He made his colleagues in the industry admire his wisdom as well as his somewhat “unconventional” strategies.
According to businessman Zhong Shanshan, one of the factors that helps maintain the business is a unique advertising idea. He said: “A business that does not advertise is just a dead body”. But this billionaire also believes that marketing is a “double-edged sword”, over-hyping it will cause the brand itself to go to a dead end. His goal is to get attention through advertising, turning this attention into brand recognition, values, and corporate spirit.
7. Real Estate
Number of billionaires: 215; accounted for: 8%.
The richest person: Lee Shau Kee ($31.7 billion) – co-founder of real estate firm Sun Hung Kai. Prior to that, he founded Henderson Land Development in 1976. The company brought most of Lee’s fortune.
The secret to building a fortune of nearly 30 billion USD of billionaire Lee Shau Kee: Working hard to improve knowledge and control emotions in investing; Always use money to make money; Choose the right investment industry; Long-term investment; Apply the philosophy of ‘big umbrella in business and stock investment’.
8. Diversified Company
Number of billionaires: 188; accounted for: 7%.
The richest person: Mukesh Ambani ($84.5 billion) – president of Reliance Industries. The company has businesses in petrochemicals, oil and gas, retail and telecommunications.
Billionaire Mukesh Ambani once shared 6 keys to success:
First, always have a dream and know how to turn adversity into opportunity.
Second, have passion and conviction in the results you will achieve in the end.
Third, be willing to overcome all boundaries, barriers and obstacles to create the value you pursue.
Fourth, always ready to create and innovate; not afraid of bold moves.
Fifth, constantly cultivate knowledge and develop wisdom through new challenges. “Never be satisfied with the results achieved. Always strive and strive for more. That is the difference. And being different creates success.”
Sixth, for leaders, they must always have a sustainable development mindset and have a long-term strategic vision; ready to restructure the management apparatus, organization when necessary.
Number of billionaires: 100; accounted for: 4%.
Richest person: Robin Zeng ($28.4 billion) – President and founder of electric vehicle battery maker Contemporary Amperex Technology (CATL). Its customers are BMW, Volkswagen and Geely.
Robin Zeng is a former engineer at an electrical components manufacturer. In 1999, he started a lithium-ion battery manufacturer called Amperex Technology Limited (ATL). This company specializes in the production of rechargeable batteries for consumer electronic devices such as phones and laptops and has supplied batteries for Apple’s iPod, iPad, and Macbook. In 2011, Zeng founded CATL as a subsidiary of ATL to focus on automotive batteries. A year later, the business partnered with BMW.
10. Media – Entertainment
Number of billionaires: 95; accounted for: 3%.
Richest person: Michael Bloomberg ($59 billion) – co-founder of media and financial information company Bloomberg. Last year, he spent nearly $1 billion to run for president of the United States.
After years of working in the market, Michael Bloomberg has learned four successful lessons as follows:
- Do not accept customers’ opinions in the process of creating products.
- Accept failure.
- Hire someone better than you.
- Never give your critics what they want.