New research suggests business people who start their career in a salesperson role are more likely to hit it rich – and that current billionaires tend to be parents, with an average age of 69.
A study into the richest 100 people in the World suggests that engineering and business graduates are most likely to become billionaires, and if you want to become one of the world’s richest you should start your career in a sales or stock trader role.
Furthermore, you are far more likely to make the top 100 list if you are a graduate – 75% of the top 100 have 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 type of first job, which gave the following job roles as the top 5 results:
The study also looks at the top degree subject by type, which gave the following degree categories as the top 5 results:
Rob Scott, managing director at Aaron Wallis Sales Recruitment said: “Today we are seeing that nearly all of the top people in business are graduates and that a degree can be a great first-step into preparing you for your career ahead. It’s also unsurprising how many of the top 100 billionaires started working as salespeople, which can give you the communication and negotiation skills which are vital to succeed.”
Meanwhile, the average British earner would have to work for a 35,715 years to make a billion.
Separate results also reveal that the net worth of those gracing the rich list has increased by $26.88 billion (78%) over the last decade. The average net worth of the world’s current top 10 richest is $61.28 billion whilst, in contrast, the average British person currently has a net worth of £147,134.
Government statistics indicate that 32% of Brits have two or more cars, much like the billionaires in the top 10, who typically own between two and three cars each. However, a rough estimation of annual insurance of £575 for a 2017 Ford Focus pales into insignificance against the cost of insuring Bill Gates’ Porsche 911 Carrera at £2,794.52.
Anna McEntee; associate director Consumer Marketing; Frontline at Budget Insurance, said: “It’s fascinating to hear how the other half lives. We imagine they probably all have an army of assistants to keep them on top of their household admin – but whether that’s the case or not, we’re sure it’s just as important to them as it is to us to ensure they have the right insurance to protect the things they hold dear.”
Home, motor and life insurance provider Budget Insurance reveals a wealth of stats and facts about the world’s richest people, demonstrating how average UK workers stack up against top tycoons like Mark Zuckerberg and Bill Gates in ‘The World’s Richest: How Do They Compare?’
The 10 Richest People In The World 2017
1. Bill Gates
2. Warren Buffett
3. Jeff Bezos
4. Amancio Ortega
5. Mark Zuckerberg
6. Carlos Slim
7. Larry Ellison
8. Charles Koch
9. David Koch
10. Michael Bloomberg
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