Which Industry Produces the Most Millionaires? These 7 Sectors Might Be Your Path to Wealth

TEMPO.CO, Jakarta - Becoming a wealthy individual at such tacky times when loaded inflation issues surfacing isn’t an easy feat. While retaining the best profit is difficult, some sectors still thrive amidst the current wave trends.

But, which industry produces the most millionaires? Chances are respected businesses occurring in technology, healthcare, and finance contribute the most to the world’s millionaire circles. 

Which Industry Produces the Most Millionaires? 

Consequential industries like technology, finance, and healthcare are proven to be the industries that produce the most millionaires and even billionaires, as per Bankrates and Visual Capitalists. Check out the top occupants of the list below: 

1. Technology 

Technology is undoubtedly one of the biggest industries producing the most millionaires, with some employees securing a skyrocket monthly wage. Given the mainstream adoption of tech in everyday life, this field only has a bright future ahead.

From startup employees to FAANG (Facebook, Amazon, Apple, Netflix and Google) workers, the tech laborers have the lowest band of $141,000 salary, making it a feasible route to reach the millionaire milestone. 

2. Healthcare 

In the second place, healthcare showcases a trend of birthing loaded millionaires where the high-paying jobs sprawled from surgeons to personal care aides. A career platform, Glassdoor, mentioned that the salary of doctors stay between $188,000 and $352,000 per year. This data further cements the industry’s ability to produce nearly 51% millionaire doctors. 

3. Manufacturing 

Manufacturing underpins a wide range of industries, from consumer goods to large-scale industrial machinery, making it essential to the functioning of modern economies. As global markets grow increasingly digital and fast-paced, the demand for reliable, high-output manufacturing continues to surge. 

4. Finance

Amassing million dollar funds when you work in the finance industry isn’t a myth. Glassdoor noted that the average salary of an investment banker is as much as $273,000 on the low end. This could lead financial workers anywhere around millions figures when they secure a place in some of America’s largest banks like Bank of America, JP Morgan, Wells Fargo, and Citibank. 

5. Real Estate 

The real estate industry produces about 90% of millionaires, owing to the business’s vast opportunities. Stretched from selling, purchasing, and renting endeavors, investments in this line of business will lead you to more than just one million milestones. Take Airbnb hosts for instance, the average profit for a two-bedroom apartment could reach roughly $20,619 per year, as highlighted by SmartAsset. 

6. Media and Entertainment 

Unlike the rest of the fields on the list, luck is an essential belonging within the media and entertainment industry. Despite being the largest one holding a market value of $649 billion in the US, not many people can break into the stardom easily. It takes great willpower, talent, and luck to score big. 

7. Mining 

As one of America’s highest paying industries this year, it’s not a far cry for their workers to reach a million milestone. Experts in this field often enjoy some of the most rewarding paychecks right from the start. And it only gets better with time. As their skills sharpen through real-world experience, so does their earning power. 

Understanding which industry produces the most millionaires offers valuable insight into where true financial opportunities lie. For aspiring millionaires, recognizing these sectors’ potential is a crucial step toward turning ambition into lasting wealth.

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