Everyone aspires to become a billionaire, but only a few know what it takes to become one. If you wish to become one in the future, there are a few things you need to know and plans you need to put in place. First off, you need a good job to attain billionaire status. If you are yet to go to college, you may be anxious to know the right course to study.
If you want to become a billionaire, here are some handpicked courses that you may want to study: engineering, business, arts, economics, finance.
What you study sometimes play a key role in your finances in the future. Some degrees could make you wealthy, while some wouldn’t. If you are looking to study something that can help you attain that billionaire status, you are at the right place. Simply read on to find out more.
What to Study to Become a Billionaire?
Based on research, 75% of the world’s richest 100 individuals own a degree, and out of these, 75, 22 studied engineering. 53 of the top 100 also started working in a non-family owned business, with 19% starting in a salesperson role and 17% as a stock trader. At the same time, 17% of the world’s top wealthiest individuals began their careers by establishing their businesses.
Below, I have created a list of the courses to study if you wish to become one. But, before we consider that, what is a billionaire?
What is a Billionaire?
Of course, we all know a few billionaires, including Jeff Bezos, Elon Musk, Mark Zuckerberg, Bill Gates, and the likes. These individuals have a net worth of over $1b. In essence, they are wealthy. They are billionaires. If perhaps, you want to follow in their footsteps one day, you should arm yourself with a little knowledge. First off, you need to understand who a billionaire is.
A billionaire is an individual who has a net worth of $ 1 billion or excess. Put differently; if you can sell your entire assets for cash, settle your debts, and have $1 billion left in the bank after doing these things, you are considered a billionaire.
Having $1 billion in assets with debts of $900 million doesn’t make you a billionaire, even if you and your family may likely not bother about future college fees or retirement.
Like all huge numbers, a billion dollars can be hard to understand, especially as one who isn’t conversant with mathematics. For instance, counting to $1 billion at the rate of a one-dollar bill per sec would be a lifetime career for three individuals working a typical 40-hour workweek.
If, say, you hired them at age 21, they would finish the job more than 44 years later, assuming they worked eight hours each day without taking a break. The counted $1 bills would occupy the size of a football pitch to a height of 8.3 feet and weigh over 1,100 tons.
Regarding purchasing power, a billion dollars is similar to the following:
- 21,900 Cadillac CTS so you could ride a different luxury car each day for 60 years. If you are the economical type, you and your spouse could each buy a new Honda Civic each day for the same period.
- 1.53 million Yearly passes to any of the Disney theme parks, or a pass for everyone living in Philadelphia, Pennsylvania.
- Over 95 million Pizza Hut hand-tossed large pizzas or 167 million Big Mac Meals, complemented with French fries including a soda.
- Over 2,000,000 rounds at Pebble Beach Golf Links in California, adequate tee times to cover you, and about 99 of your buddies to play each day for the next 55 years at this luxurious gold resort.
- Fifty thousand fares for a 121-day around-the-world cruise on the magnificent Queen Elizabeth. In fact, $1 billion would allow you and 415 of your acquaintances to live on the cruise ship year-round, sailing from one port to another for the next 40 years if you wish.
So, that is it! Those are some illustrations designed to help you grasp how huge a billion dollars is.
Top Five Degrees Amongst World’s Billionaires:
- Law: 6
- Computer science: 4
- Finance and economics: 11
- Engineering: 22
- Business: 16
Here Are Their Five Most Common First Jobs:
- Stock trader: 9
- Stock trader: 5
- Software developer: 10
- Analyst: 4
- Engineer: 5
Want to Have a Shot at Becoming a Billionaire? Study Any of These:
- Engineering:
When you look at all the areas you could venture into after graduating with an Engineering degree, including logistics, operational management, etc., it is stunning that it’s the most popular subject overall. And yes, if you do everything right, you could end up becoming a billionaire by putting your knowledge and entrepreneurship skills to good use.
- Business:
A business degree allows you to have comprehensive education in all ramifications of business. It often involves time in the industry gathering experience and building valuable contacts. Not surprising really that business graduates then go on to earn a significant amount of money.
- Arts:
Are you surprised? You better not be! An arts degree teaches you to think out of the box, which is essential to becoming a successful entrepreneur.
- Economics:
Here is another degree choice that is linked with a mega salary. Economics graduates often work in several industries, all of which are known for being lucrative.
- Finance:
Once again, careers in this industry, including the financial services industry, are known for making people wealthy. Finance graduates are also known to be ambitious and more likely to establish their own companies later in their careers.
What Does the Bible Say About Borrowing Money?
Which Profession Is Best to Become a Billionaire?
Some professions can help you cater to your need and that of your family alone. Also, some professions can make you rich, while some professions can make you wealthy (a billionaire). If you want to follow the footsteps of Jeff Bezos and the likes, you may want to know the profession that can help you reach their level.
The best profession to become a billionaire is the engineering sector. However, to make enough money in this sector, you’ll need to embrace entrepreneurship.
Mind you, even if you embrace this profession, it may take you several years to attain that billionaire status. So, ensure you practice patience.
