What jobs do most millionaires have?
Asked by: Kayley Brekke | Last update: August 10, 2025Score: 4.8/5 (70 votes)
- Engineer. Median Salary: $91,010.
- Accountant (CPA) Median Salary: $77,250.
- Teacher. Median Salary: $61,030.
- Management. Median Salary: $107,360.
- Attorney.
What profession has the most millionaires?
The top five careers for millionaires include engineer, accountant, teacher, management and attorney. 79% of millionaires did not receive any inheritance at all from their parents or other family members.
What do 90% of millionaires do?
The answer: Real estate! When it comes to wealth-building strategies, real estate isn't just a side investment—it's a staple for the wealthy. A significant percentage of millionaires include real estate in their portfolios, and there's a reason for that.
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 is the most common job for rich people?
- Accountant. ...
- Sales Professional. ...
- Lawyer. ...
- Real Estate Agent/Broker. ...
- Doctor. ...
- Software Developer. ...
- Entrepreneur. ...
- Financial Advisor. Financial advisors provide investment advice, retirement planning, and wealth management services to individuals and businesses.
5 Jobs That Create the Most Millionaires
Do 90% of millionaires make over $100,000 a year?
The claim that 90% of millionaires make over $100,000 a year is likely false because many millionaires accumulate wealth through investments rather than solely high salaries.
What job can make a million a year?
A wide variety of jobs can put you on track to becoming a millionaire, including familiar jobs like actuary and airline pilot, and less-familiar ones, like reservoir engineer. Many of these jobs require only a bachelor's degree, and none demand more than a master's.
What job makes $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 skill makes the most millionaires?
- 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.
What jobs are most inherited?
Some of the jobs most likely to be passed down include steelworker, legislator, baker, lawyer and doctor. Children are less likely to follow their parents' careers if they are middle managers or clerical or service workers. These findings broadly align with previous research.
What do millionaires do all day?
How do millionaires spend their day? Millionaires spend their time on the things they know will bring them more income and wealth. That could be nurturing a solid friendship, investing in education, or delegating busy work to spend time on the most revenue-generating tasks.
What degree do most millionaires have?
More millionaires have degrees in engineering than any other subject, according to a new study from WealthInsight. As reported by the New Statesman, the study highlights the 10 most popular degrees that millionaires around the world hold, both for undergraduate and graduate studies.
What's the richest job ever?
1. Chief Executive Officer (CEO) 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.
How old is the average millionaire?
The average millionaire in the United States is actually 61 years old.
What jobs can you be rich?
- Doctor. Average salary: $189,760. ...
- Surgeon. Average salary: $352,220. ...
- Investment Banker. Average salary: $130,230. ...
- Corporate Executive. Average salary: $173,320. ...
- Petroleum Engineer. Average salary: $147,520. ...
- Psychiatrist. Average salary: $181,880. ...
- Data Scientist. ...
- Research & Development Manager.
What creates 90% of millionaires?
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.
What are the top 3 millionaire jobs?
THE TOP 5 CAREERS OF MILLIONAIRES: - Engineer - Accountant (CPA) - Teacher - Management - Attorney Some of those are surprising, huh?
What skill gives the most money?
- Tech skills.
- Sales.
- Design – UX, graphic, or visual.
- Video Filming & Editing.
- Project Management.
- Foreign Language.
- Foreign Currency Exchange Trading (FOREX)
- Trade skills. All the skills are discussed below to give you an idea of what to expect.
What jobs pay 800K a year?
- Hematology Oncology Physician in North Carolina. ...
- Interventional Cardiology Opening in California - 800K First Year. ...
- Interventional Cardiology - San Luis Obispo, California. ...
- Ophthalmology Opportunity in Rehoboth Beach, Delaware. ...
- Obstetrics Gynecology. ...
- Strengthen your profile.
Which field is best for rich?
- Pilot. ...
- Actuary. ...
- Computer network architect. ...
- Air traffic controller. ...
- Petroleum engineer. ...
- Lawyer. ...
- Physicist. ...
- Computer and information systems manager.
What job pays $1,000,000 a year?
Roles in investment banking, hedge funds and private equity not only promise substantial financial rewards, but also present opportunities for career advancement in a dynamic industry. Finance jobs are highly competitive, with employers actively seeking talent from top-tier educational institutions.
What job pays $1 billion a year?
A strong background in finance, mathematics, or economics is essential. Successful managers often receive performance-based fees, leading to multi-million dollar earnings. According to Institutional Investor, top hedge fund managers can earn over $1 billion a year, though the average is closer to $2.4 million.
What job makes you a millionaire the fastest?
- Inventor.
- Hedge fund manager.
- Accountant.
- Professional entertainer.
- Investor.
- Chief executive.
- Insurance agent.
- Engineer.
What makes a lot of money?
The careers that make the most money tend to be in medicine and technology as well as management positions.