Nearly 68% of the world's richest people are 'self-made,' says new report. (via CNBCMakeIt)
Facebook founder and CEO Mark Zuckerberg leaves a meeting with Senator John Cornyn in his office on Capitol Hill on September 19, 2019 in Washington, DC. Zuckerberg is making the rounds with various lawmakers in Washington today.The vast majority of people who have a lot of money made it themselves, according to aThe market research firm analyzed the state of the world's ultra-wealthy population — or those with a net worth of $30 million or more.
The predominance of self-made wealth over inherited wealth is broadly catalyzed by new opportunities in technology and in emerging economies of the past decade, says Wealth-X. The collective total of the ultra-high-net-worth people in the world is $32.3 trillion, the data showed — and while that money is being made across any number of industries, the primary industry focus for nearly a quarter of them is Banking and Finance . The second most prominent industry is Consumer and Business Services , and the third most prevalent is Real Estate .
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