馃攳
10 MOST Likely Industries That Can make YOU a BILLIONAIRE - YouTube
Channel: Alux.com
[0]
we know that you a lack sirs are
[1]
ambitious people and we're sure that
[3]
some of you are planning on how one day
[5]
you'll be able to afford luxuries like
[6]
your own private jet or super yacht or
[9]
employing a full-time housing staff and
[11]
maybe even buying a sports team for good
[13]
measure yes we were talking about
[15]
joining the ranks of these lucky people
[17]
with ten figure bank balances the
[19]
world's billionaires we know it's one of
[21]
the reasons why you're subscribe to this
[23]
channel welcome to Alex calm the place
[27]
where future billionaires come to get
[29]
inspired if you're not subscribed yet
[32]
you're missing out but today's video is
[36]
even more closely connected than usual
[38]
with the hot topic of how to become a
[39]
billionaire because we've done our
[41]
homework and found out what business
[42]
sectors most of the world's billionaires
[44]
earn their big bucks in in other words
[47]
the industries that are most likely to
[48]
give you access to this elite group so
[51]
stick with us until the end of our
[52]
countdown and you'll find out which
[54]
industry takes the number one spot and
[56]
you'll also get to hear some insider
[58]
tips and to where these industries are
[59]
heading in the coming years so without
[61]
any further ado let's get some
[63]
inspiration and look at the ten most
[64]
likely industries that can make you a
[66]
billionaire number ten engineering four
[71]
percent of billionaires come from this
[72]
sector and to join them basically you'll
[75]
need to design a piece of engineering
[76]
wizardry that can solve a problem that
[78]
nobodies addressed before one that's
[80]
clever enough to disrupt an entire
[82]
sector of the market a case in point is
[84]
James Dyson who invented the world's
[86]
first bagless vacuum cleaner and since
[89]
then he's branched out to a range of
[90]
other appliances including washing
[92]
machines and hand dryers and thanks to
[94]
these pieces of savvy engineering he's
[96]
worth 16 billion dollars making him the
[99]
UK's richest individual if you've got an
[101]
idea that's smart enough and the
[103]
know-how to see it through to completion
[104]
you could even do it without any formal
[107]
qualifications in engineering believe it
[109]
or not james dyson doesn't have any
[112]
number 9 media and entertainment people
[116]
will always want to be entertained
[117]
music films TV computer games youtube
[120]
channels
[121]
good old-fashioned reading or whatever
[123]
form of entertainment people dream up in
[124]
the future these are always going to be
[127]
a big part of our lives
[128]
so it shouldn't come as a surprise that
[129]
four percent of billionaires made their
[131]
money in this field and social media
[133]
means if you're an entertainer it's
[134]
never been easier to create a platform
[136]
and brand yourself people who made their
[139]
billions from entertainment include
[140]
Oprah and JC and they both demonstrate
[143]
that for entertainers to get to the
[144]
ranks of the super-rich it helps to
[146]
branch out from your core activity in
[148]
Oprah's case publishing and in Jay Z's
[151]
fashioned
[152]
number 8 energy for a long time this has
[156]
been one of the surest ways to get
[158]
wealthy in the early days of a modern
[160]
economy many of the first super-rich
[162]
made their fortunes in energy like oil
[164]
tycoon john d rockefeller and once again
[167]
four percent of today's billionaires
[169]
come from this sector we all consume
[171]
energy so this isn't likely to change
[173]
what will change is the type of energy
[175]
we consume the boom in this sector in
[178]
the near future is bound to be renewable
[180]
energy the world is becoming greener out
[182]
of necessity
[183]
besides renewable energy is cheaper and
[185]
unlike oil and gas is unlimited in
[188]
supply they don't call it renewable for
[190]
nothing
[190]
solar is the fastest growing energy
[192]
source it now contributes less than 1%
[195]
of the world's energy needs but it's
[196]
expected to increase between 5% and 20%
[199]
in the next few years
[201]
Elon Musk has invested heavily in solar
[203]
with Tesla's subsidiary Solar City
[205]
there's also huge potential for people
[208]
who can come up with innovative
[209]
solutions in other renewables like wind
[211]
power hydropower and geothermal as well
[214]
as eco-friendly energy storage systems
[217]
number 7 fashion you may not have
[221]
guessed the fashion industry was such a
[222]
heavy hitter but think about it and it
[224]
makes sense clothing is more than just a
[226]
basic necessity we are happy to spend
[229]
money so we can wear something that
[230]
makes us look and feel good and for a
[232]
lot of people one of the biggest
[233]
motivations for putting in long hours is
[235]
to be able to splash out on some
[237]
high-end branded goods at the weekend
[238]
also factor in that successful designers
[241]
can make huge markups that's because
[244]
fashion items are priced by their
[245]
perceived value more than the cost of
[247]
commodities or real differentiation with
[250]
other brand
[250]
if you hit on the right formula there's
[252]
a huge potential to make big bucks the
[255]
fashion industry has produced 5% of the
[257]
world's billionaires including Nike
[259]
founder Phil Knight as well as other
[261]
familiar names like Giorgio Armani Ralph
[263]
Lauren Dominica Dolce & Stefano Gabbana
[266]
number six health care of course one of
[270]
our most basic needs is to stay healthy
[272]
and we pay huge amounts of money on it
[274]
whether directly on health bills through
[277]
taxes or on health insurance a large
[279]
portion of this money makes it way into
[281]
the bank balances of six percent of the
[283]
world's billionaires and it's no
[284]
surprise that the pandemic has lifted
[286]
more people in this industry up to
[288]
billionaire status and sure being a
[290]
doctor can make you wealthy but
[292]
billionaire probably not the real
[294]
potential for a 10-digit bank balances
[296]
in the pharmaceutical industry or
[298]
designing innovative medical devices or
[300]
founding a chain of private hospitals or
[302]
clinics the top end of the world's super
[304]
rich in health care is taken mostly by
[306]
owners of pharma companies with five of
[308]
the top ten spots being occupied by
[310]
Chinese billionaires but with other
[312]
players on the list from the USA Germany
[315]
Switzerland and India if you've got the
[317]
know-how and the drive you can make
[318]
waves in this industry no matter where
[320]
you're from number five retail whether
[324]
we do it online or we do it the
[326]
old-fashioned way in brick-and-mortar
[327]
shops we all need to keep on buying
[329]
stuff one way or another so it's no
[331]
wonder that this takes a high place on
[333]
our list
[333]
accounting for 6.5 percent of
[335]
billionaires keep in mind it'll probably
[337]
produce fewer billionaires in the future
[339]
that's because most billionaires in this
[341]
sector are heirs to fortunes that were
[343]
built up over a long period of time like
[345]
the 7 members of the Walton family heirs
[347]
to the Walmart fortune or the Albrecht
[349]
family who inherited the Aldi business
[351]
empire and what about the sector that's
[353]
taking it over online retail giants like
[355]
Amazon are classed as tech and business
[358]
services which we'll be hearing more
[359]
about later
[361]
number four food and beverage whatever
[364]
is happening in the world will always
[366]
need to eat and drink and currently
[368]
around 8% of the world's billionaires
[370]
come from a food or drink background to
[373]
become one of them you'll have to figure
[374]
out novel ways of producing food or
[376]
preparing and distributing it people on
[379]
the super-rich list in this field
[380]
include heirs to fortunes including
[382]
members of the Mara's and Heineken
[384]
families but there are also quite a few
[386]
self-made billionaires in this group
[387]
like Thailand's Dan and Chara Vanna who
[390]
expanded his father's chicken suit shop
[392]
into a farming empire worth fifteen
[394]
billion dollars
[395]
China's zhongqing Hao who made his money
[397]
through bottled drink giant ahaha and is
[400]
now worth twelve billion dollars or
[402]
Mexican American Daniel dubitzky
[404]
who created the first kind bar getting
[406]
his inspiration from eating a whole
[408]
fruit and nut bar on a business trip to
[410]
Australia
[411]
he's now worth 1.2 billion dollars
[414]
number three tech and business services
[417]
whatever the sector of the economy
[419]
nowadays it relies on tech businesses
[422]
use it to do transactions to communicate
[424]
their message to the public for
[426]
distribution and logistics and much much
[428]
more
[429]
and of course our private lives depend
[431]
on tech to to be entertained to chat to
[434]
shop or to hail a rideshare and 9% of
[437]
billionaires have made their fortunes in
[438]
tech and if that number is going to
[441]
change it's probably going upwards new
[443]
software and hardware is being developed
[445]
and making previous versions obsolete
[447]
faster than ever and with the arrival of
[449]
5g and the opportunities it'll bring it
[451]
looks like this is going to keep on
[453]
accelerating it's the field that most of
[455]
the world's most famous billionaires
[457]
belong to Elon Musk
[458]
Bill Gates Mark Zuckerberg and the
[460]
world's richest person Jeff Bezos and
[463]
it's a boom area for young billionaires
[465]
the list of self-made billionaires under
[467]
30 years old are mostly intact
[469]
they include Evan Spiegel founder of
[471]
snapchat and John Collison founder of
[474]
online payments company stripe the key
[476]
is to look ahead at the technology
[477]
that's arriving or about to arrive and
[479]
to see what opportunities open up big
[482]
areas that are likely to produce
[483]
billionaires in the coming years include
[485]
谩i the internet-of-things self-driving
[487]
cars virtual reality and augmented
[489]
reality as well as an area that crosses
[492]
over with a field we mentioned earlier
[494]
telemedicine number two real estate not
[499]
only does this industry fulfill our
[500]
basic need for shelter with the
[502]
population growing it's going to be even
[504]
more in demand and keep in mind that for
[506]
most of us buying the place where we
[508]
live will be the biggest transaction we
[510]
make in our life so there's little
[511]
wonder that huge amounts of money can be
[513]
made in real estate with 9 percent of
[515]
today's billionaires belonging to this
[517]
industry there are several paths into it
[519]
you could start off as a real estate
[521]
agent or you can set up a construction
[523]
firm or be a supplier of construction
[525]
materials of course most of Donald
[527]
Trump's fortune is in real estate
[529]
although his slightly over two billion
[531]
dollar fortune isn't a patch in the
[533]
skies of other American real estate
[534]
moguls like Steven Ross 7.6 billion or
[537]
Donald Wren sixteen point four billion
[540]
dollars or any of the world's five
[542]
highest players in real estate who are
[544]
all from China or Hong Kong topped by
[546]
zhu jia yen who's worth 37 billion
[549]
dollars but wherever you're from if
[551]
you're savvy and have a bit of luck
[552]
along the way this is a great way to
[554]
make a fortune as some of the largest
[556]
markups in recent years have been in
[558]
real estate
[559]
number one banking and finance think of
[563]
any hugely successful company in any
[565]
industry behind that success there was
[568]
somebody who knew exactly how to deploy
[570]
the money and grow it and thanks to
[572]
their investment choices they didn't
[574]
just make that company a success they
[575]
also grew their own wealth big-time
[578]
banking and finance produced 15% of the
[581]
world's billionaires today some of them
[583]
made it as private investors others from
[585]
setting up investment firms and others
[587]
as venture capitalists Warren Buffett is
[589]
known by many as the world's greatest
[591]
investor and with a net worth of 90
[593]
billion dollars he is currently the
[595]
fourth richest person in the world
[597]
well a Luxor's that's a wrap for today
[599]
but of course we would love to hear what
[601]
you think which industries do you think
[603]
will produce the most billionaires in
[605]
the next 20 years let us know in the
[607]
comments and because you stuck with us
[608]
until the end of course we've got your
[610]
bonus
[611]
so you're thinking of becoming a
[613]
billionaire maybe you're thinking the
[614]
best way is to choose one of these
[616]
industries and work really hard right
[618]
well probably wrong sure strategically
[621]
speaking these areas do have the highest
[623]
chances of turning people into
[625]
billionaires but remember the world's
[627]
billionaires come from a wide range of
[629]
business areas and if we're talking
[631]
about a formula to become a billionaire
[632]
as if there is a simple formula for that
[635]
you can be sure it doesn't involve
[636]
randomly picking an industry from this
[638]
list a much better solution is go with
[641]
your passions and spot a need that
[643]
nobody else is addressing remember most
[646]
of the people we mentioned in this video
[648]
probably didn't set out with the aim of
[649]
becoming a billionaire and we're sure
[652]
you don't need us to spell it out for
[653]
you there are only around 2,000
[655]
billionaires in the world at the moment
[657]
that's roughly one in four million of
[659]
the world's population and of the
[661]
self-made ones it's safe to say they all
[664]
did two things first they followed their
[666]
passions
[667]
you'll never be motivated enough to put
[669]
in the long hours and you'll never have
[671]
those stroker genius insights are going
[673]
to need unless you're passionate about
[675]
the field you're in and second once you
[678]
know what you're passionate about you
[680]
need to spot a need for something that
[682]
nobody else has figured out before
[683]
following these steps can't guarantee
[686]
you'll make it as a billionaire but it
[688]
might just take you most of the way
[689]
there thank you for spending some time
[692]
with us a Luxor's make sure to LIKE and
[695]
subscribe so you never miss another
[697]
video
[697]
we also hand-picked these videos which
[700]
we recommend you watch next you can talk
[703]
to us on all social medias or ask a
[705]
question on our website Alex calm thank
[708]
you for being an a lexer and we'll see
[710]
you back tomorrow
Most Recent Videos:
You can go back to the homepage right here: Homepage