What occupation has the most millionaires?

Asked by: Chanel Johns DDS  |  Last update: November 5, 2025
Score: 4.5/5 (12 votes)

9 Most Common Jobs in America that Produce Millionaires
  1. Engineer. Engineering is a broad field encompassing various disciplines, such as civil, mechanical, electrical, and software engineering. ...
  2. Accountant. ...
  3. Sales Professional. ...
  4. Lawyer. ...
  5. Real Estate Agent/Broker. ...
  6. Doctor. ...
  7. Software Developer. ...
  8. Entrepreneur.

What profession are the majority of millionaires?

STUDY SUMMARY

The top five careers for millionaires include engineer, accountant, teacher, management and attorney.

How do 90% of millionaires make their money?

It has become especially popular because it can potentially be a gateway to millionaire status. The famed wealthy entrepreneur Andrew Carnegie famously said more than a century ago, “Ninety percent of all millionaires become so through owning real estate.

Which job is best for millionaires?

Occupations that often produce many millionaires include entrepreneurship, finance and investment banking, technology, medicine, real estate, law, consulting, entertainment, sports, and high-level sales and marketing.

What industry has the most millionaires?

1. Financial Services. The financial services sector has produced more millionaires than any other industry, according to the Wealth Report. The sector plays a critical role in managing, growing, and deploying money worldwide.

Meet The Billionaire that Works a Normal Job

27 related questions found

Which major has the most millionaires?

Check out which undergraduate majors make the most millionaires, according to Edvoy.
  • #6: Law/Pre-Law. Photo: Maskot (Getty Images) ...
  • #5: Computer Science. Photo: Cravetiger (Getty Images) ...
  • #4: Mathematics. Photo: Hill Street Studios (Getty Images) ...
  • #3: Politics. ...
  • #2: Economics/Finance. ...
  • #1: Engineering.

Which industry is richest?

The 10 Global Biggest Industries by Revenue
  • Global Commercial Real Estate. ...
  • Global Pension Funds. ...
  • Global Oil & Gas Exploration & Production. ...
  • Global Direct General Insurance Carriers. ...
  • Global Auto Parts & Accessories Manufacturing. ...
  • Global Car & Automobile Manufacturing. ...
  • Global Coal Mining. $2,542,6B.
  • Global Tourism. $2,029,7B.

What job pays $2 million a year?

Medicine comes out top. Half of doctors in the US earn over $200,000 per year, and the mean is actually higher than finance and law. That said, the very highest-earning people are in finance and law. The top 1% in finance earn over $2m per year.

What job gets you rich the fastest?

10 high-paying jobs
  1. Pilot. ...
  2. Actuary. ...
  3. Computer network architect. ...
  4. Air traffic controller. ...
  5. Petroleum engineer. ...
  6. Lawyer. ...
  7. Physicist. ...
  8. Computer and information systems manager.

What skill makes the most millionaires?

12 MUST HAVE Skills of Every Millionaire
  • Product and Service Innovation. ...
  • Organizing. ...
  • Goal-Setting and Planning. ...
  • Money Management. ...
  • Philanthropy. ...
  • Networking. Building relationships is instrumental in the world of business. ...
  • Leadership. Every millionaire is a leader. ...
  • Time Management.

Is 7 figures considered rich?

What are seven-figure jobs? A seven-figure job refers to the number of digits listed in your salary. This includes people who earn anywhere from $1 million to just under $10 million per year. Many people may consider this salary range to be well above average.

What type of car does the average millionaire drive?

While some wealthy Americans drive luxury vehicles, an Experian Automotive study found that a whopping 61% of households making more than $250,000 don't drive luxury brands. Instead, they drive less showy cars, like Hondas, Toyotas and Fords.

What is the wealthiest career?

List of Top 10 Highest Paying Jobs in the World
  • Chief Executive officer.
  • Professional Athletes.
  • General and Orthopedic Surgeons.
  • Anesthesiologist.
  • Investment Banker.
  • Corporate Lawyers.
  • Software Engineers.
  • Cosmetic Surgeons.

What do 90% of millionaires do?

90% of millionaires made their money in Real Estate. I became a millionaire without owning a single property. But I own 6 small businesses that make me $725k/year.

How old is the average millionaire?

The average millionaire in the United States is actually 61 years old.

What profession has the most millionaires?

THE TOP 5 CAREERS OF MILLIONAIRES: - Engineer - Accountant (CPA) - Teacher - Management - Attorney Some of those are surprising, huh? Nope, teacher isn't a typo. You see, it's not chance or inheritance that creates most millionaires.

What is the simplest job that makes the most money?

High-paying simple jobs
  • Dispatcher. ...
  • Customer service representative. ...
  • Chauffeur. ...
  • Claims adjuster. ...
  • Roofer. ...
  • Groundskeeper. ...
  • Accounting clerk. ...
  • Massage therapist.

Is $2 million a multi-millionaire?

Dated ways of describing someone worth n millions are "n-fold millionaire" and "millionaire n times over". Still commonly used is multimillionaire, which refers to individuals with net assets of 2 million or more of a currency.

What jobs pay 800k a year?

800k a year job jobs
  • Hematology Oncology Physician in North Carolina. Curative. ...
  • Cardiology Physician- Discover Longview Texas. Curative. ...
  • Warehouse Associate. ...
  • Otolaryngology Physician in the Pacific Northwest. ...
  • Oral Maxillofacial Surgeon [#3261] ...
  • Strengthen your profile. ...
  • Staff Accountant. ...
  • Cataract Ophthalmologist Delaware.

Which field is best for rich?

Jobs That Make a Lot of Money (17 high-paying careers in 2024)
  • 10. Entertainment Professional. ...
  • Investment Banker. ...
  • Lawyer. ...
  • Pharmacist. ...
  • Physician or Surgeon. ...
  • Professional Athlete. ...
  • Real Estate Developer. ...
  • Software Developer.

How many people make over $500,000 a year?

A report by the World Economic Forum found that Americans think that a full 20% of earners make over $500,000, but this is starkly different from reality. The actual percentage of the U.S. population who earn more than $500,000 per year is less than 1%.

Which field has the most billionaires?

In 2022, banking and finance was the industry to which the highest share of the world's billionaires across all age devoted most of their time.

What business are most millionaires in?

Financial Services

The financial service industry has created the most number of millionaires since modern times, according to the Wealth Report. In the business of money, people make a lot of money.

What is the #1 largest company in the world?

Apple, Nvidia, and Microsoft are the biggest companies by market cap.
  • Apple is the largest company in the world, with a market cap of $3.68 trillion.
  • It's followed by Nvidia ($3.54 trillion), Microsoft ($3.15 trillion), Alphabet ($2.36 trillion), and Amazon ($2.36 trillion).