Most millionaires with these top 5 jobs | WCJM 100.9 The Bull | Bob Delmont (2024)

FAQs

What 5 jobs create the most millionaires? ›

By those standards, the five jobs with the most millionaires are engineer, accountant, teacher, people in management, and lawyer.

| Helping others do the same. 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.

According to industry reports, managing directors in investment banking can earn between $500,000 and $1 million, with bonuses significantly increasing their total compensation. Corporate Executive Corporate executives, such as CEOs and CFOs, oversee company operations, strategy, and financial performance.

Topping the list, being a CEO gets you the highest paying job in the world, no matter where you work. A CEO is the highest-ranked position in any organisation's structure.

The average IQ of self-made deca-millionaires (over $10M net worth) is 118. The average IQ of self-made* billionaires is 133. The average IQ of self-made deca-billionaires (over $10B net worth) is 151. Of note, average incomes correlate well with IQ, however there is a much lower correlation between IQ and net wealth.

What are the top 5 careers of millionaires teachers? ›

According to a study conducted by Ramsey Solutions of over 10,000 millionaires, the top five careers for millionaires were engineer, accountant, teacher, management, and attorney. The study also discovered that 79% of the millionaires polled didn't receive an inheritance — and that 93% built wealth by working hard.

STUDY SUMMARY

Eight out of 10 millionaires invested in their company's 401(k) plan. The top five careers for millionaires include engineer, accountant, teacher, management and attorney.

Some of the highest-paying jobs for women include physicians, surgeons, chief executive officers (CEOs), dentists, marketing managers, pharmacists, attorneys, human resources managers, public relations managers, optometrists, nurse practitioners, certified registered nurse anesthetists (CRNAs), software developers, ...

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. Behind the most successful ventures in the world are people and organizations skilled in deploying and growing money.

Many millionaires generate significant wealth not solely through high salaries, but through investments and other income-generating assets. While it is true that a large percentage of millionaires may earn high incomes, this does not guarantee that 90% of them make that specific amount in annual salary.