The Road to the Billions: The 10 Industries with the Most Billionaires in 2023

Warren Buffett, president, CEO and top shareholder of Berkshire Hathaway (Reuters) (Lucas Jackson /)

Ten sectors concentrate billionaires in 2023. These are thriving industries, some more traditional than others, numbering in the billions.

As detailed Forbesthe finance and investments are still the surest way to get ultra-rich and, in fact, it is the sector with the largest number of billionaires in the world, 372including hedge fund and venture capital moguls, bankers, venture capitalists and fintech founders.

In total, billionaires in finance and investing represent 14% of the list Forbes. The richest remains the legend of investment Warren Buffettthe fifth richest person in the world, with an estimated value of 106,000 million dollars.

This sector is the one that has added the largest number of newcomers to the 2023 ranking, with 24 new faces. Nithin and Nikhil Kamath (estimated net worths: $2.7 billion and $1.1 billion, respectively), co-founders of online discount brokerage Zerodha, joined the ranks this year. His company is now the largest stockbroker in India.

Rajiv Jain ($2 billion), run by Florida-based asset management firm GQG Partners, which invested in India’s embattled Adani Group in March, is also new.

Like hayes barnard ($3.7 billion), which funds 26% of all US home solar installations through its GoodLeap app, which offers loans to homeowners for solar panels, home batteries and other sustainable improvements.

In it In second place on the way to billions, is the manufacturing industry, which has 324 billionaires.

The richest is Reinhold Würth, a German businessman who took over the family screw business in 1954 and has grown it into a behemoth of $16 billion in annual sales. His fortune is estimated at $29.7 billion.

Jeff Bezos and Lauren Sánchez at the Vanity Fair Oscar party after the 95th Academy Awards, in Beverly Hills, California, United States, on March 12, 2023 (REUTERS/Danny Moloshok)
Jeff Bezos and Lauren Sánchez at the Vanity Fair Oscar party after the 95th Academy Awards, in Beverly Hills, California, United States, on March 12, 2023 (REUTERS / Danny Moloshok) (DANNY MOLOSHOK /)

After a hectic year, with many layoffs, tech companies dwindle billionaires list, but the industry remains in third place. now only there are 313 billionaires in the world who made their fortune in technology, up from 341 last year.

It’s also the richest group, collectively worth $1.9 trillion, about $170 billion more than the next richest, fashion and retail.

The biggest tech tycoon is Jeff Bezosof Amazonwhich ranks third, with an estimated fortune of 180,000 million dollars.

Fashion and retail rank fourth, with 266 members. The star of the sector is bernard arnault, Chairman and CEO of the luxury giant LVMH. His net worth increased by $53 billion last year to about $211 billion, making him the richest person in the world.

  A woman with a Louis Vuitton brand shopping bag in Vienna (Reuters)
A woman with a Louis Vuitton brand shopping bag in Vienna (Reuters) (LISI NIESNER /)

These are the 10 industries with the most billionaires in 2023

-1 Finance and investments

372 billionaires, which is equivalent to 14% of the list

The richest: Warren Buffett ($106 billion), Chairman and CEO of Berkshire Hathaway.

-2 Manufactures

324 billionaires, which is equivalent to 12% of the list

The richest: Reinhold Wuerth and family (29.7 billion dollars), president of the manufacturer of screws and fasteners Wuerth Group.

-3 Technology

313 billionaires, which is equivalent to 12% of the list

The richest: Jeff Bezos ($114 billion), founder of Amazon and owner of Washington Post and the rocket company blue origin.

-4 Fashion and retail

266 billionaires, which is equivalent to 10% of the list

The richest: bernard arnault and family ($211 billion), chairman and CEO of luxury goods company LVMH, and the world’s richest person.

Bernard Arnault, Chairman and CEO of Louis Vuitton (Reuters)
Bernard Arnault, president and CEO of Louis Vuitton (Reuters) (GONZALO FUENTES /)

-5 Food and drinks

212 billionaires, which is equivalent to 8% of the list

The richest: zhongshanshan ($68 billion), president of bottled water company Nongfu Spring. also controls Beijing Wantai Biological Pharmacywhich is listed on the stock market.

zhongshanshan
Zhong Shanshan (Shutterstock) (Shutterstock/)

-6 Health

201 billionaires, which is equivalent to 8% of the list

The richest: Cyrus Poonawalla ($22.6 billion), founder of the Serum Institute of Indiathe world’s largest vaccine manufacturer (by dose).

-7 Real estate sector

193 billionaires, which is equivalent to 7% of the list

The richest: donald bren (17,400 million dollars), president of the Californian real estate company Irvine Co.

-8 Diversification

187 billionaires, or equivalent to 7% of the list

The richest: Mukesh Ambani ($83.4 billion), Chairman of Reliance Industrieswith interests in petrochemicals, oil and gas, retail and telecommunications.

  Mukesh Ambani, President of Reliance Industries
Mukesh Ambani, president of Reliance Industries (Amit Dave /)

-9. Energy

100 billionaires, which is equivalent to 4% of the list

The richest: george kaiser (13.300 million dollars), which took over the Kaiser-Francis Oil Company of his family in the 60s.

– 10 Media and entertainment

91 billionaires, which is equivalent to 3% of the list

The richest: Michael Bloomberg ($94.5 billion), co-founder of financial information and media company Bloomberg L.P..

A very popular billionaire does not appear in the list, Elon Musk. He does not appear in this Forbes ranking because since most of his wealth comes from the automaker Tesla, he does not enter any of these 10 industries on this list.

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Source-www.infobae.com