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&lt;p&gt;Forgetting, for a moment, that money is the root of all evil, that money can&#39;t buy happiness, and that it&#39;s easier for a camel to thread the eye of a needle than for a rich man to enter paradise, let&#39;s talk about billionaires. More specifically, let&#39;s talk about self-made billionaires, because anyone with a head and a heartbeat can inherit a billion, but not everyone can make a billion on his or her own.&lt;/p&gt;&lt;p&gt;And so, first, let&#39;s go to the latest &lt;a rel=&quot;noopener noreferrer&quot; href=&quot;http://www.bloomberg.com/news/videos/2015-05-26/how-to-build-a-billionaire&quot; target=&quot;_blank&quot;&gt;billionaire survey&lt;/a&gt; by UBS and PWC to find out where all the self-made billionaires are making their billions.&lt;/p&gt;&lt;p style=&quot;padding-left: 60px;&quot;&gt;&lt;img src=&quot;https://media2.vault.com/16178/global_billionaires.png&quot; alt=&quot;Global Billionaires&quot; /&gt;&lt;/p&gt;&lt;p&gt;As it turns out, the place to be if you want to make billions in America is financial services (in the graphic above,&#160;the industry mentioned under each region is where the most billionaires work). But what the above graphic doesn&#39;t tell you is that you can&#39;t just work in any financial services sector, you have to work in the private equity or hedge fund sectors (on the so-called buy side). In other words, if you work in investment banking for your entire career, you will not likely make billions; you might make millions, but for the B to replace the M you will have to jump ship at some point to PE or the hedge fund industry.&lt;/p&gt;&lt;p&gt;However, there is a catch here. Again, what you don&#39;t see in the above graphic is the fact that the No. 2 sector for self-made billionaires in the U.S. is technology. And, in fact, self-made &lt;a rel=&quot;noopener noreferrer&quot; href=&quot;http://www.cnbc.com/id/102702595&quot; target=&quot;_blank&quot;&gt;billionaires in tech make more&lt;/a&gt;, on average, than self-made billionaires in PE and hedge funds. The numbers are $7.8 billion in net worth on average for tech billionaires vs. $4.5 billion in net worth for PE and hedge fund billionaires.&lt;/p&gt;&lt;p&gt;Also, although I haven&#39;t seen the age range data on the aforementioned billionaires, I am betting that the tech billionaires are, on average, much younger men and women (who are we kidding, they are mostly men) than financial services billionaires. Think Snapchat&#39;s Evan Spiegel vs. Blackstone&#39;s Stephen Schwarzman.&lt;/p&gt;&lt;p&gt;And so, the moral of this tale is this: If you want to be a billionaire in America, your best bet is to start or join an investment fund of some sort. But if you want a shot at the most billions, your best bet is to program an app that everyone you know and everyone they know (think they) can&#39;t do without.&lt;/p&gt;&lt;p&gt;&lt;em&gt;Follow me on &lt;a rel=&quot;noopener noreferrer&quot; href=&quot;https://twitter.com/vaultfinance&quot; target=&quot;_blank&quot;&gt;Twitter&lt;/a&gt;.&lt;/em&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Read More:&lt;/strong&gt;&lt;br /&gt;&lt;a rel=&quot;noopener noreferrer&quot; href=&quot;/blogs/innovate-with-influence-global-high-tech/4-takeways-from-google-poaching-morgan-stanleys-cfo&quot; target=&quot;_blank&quot;&gt; Google Poaches Wall Street&#39;s Most Powerful Woman: 3 Takeaways&lt;/a&gt;&lt;br /&gt;&lt;a rel=&quot;noopener noreferrer&quot; href=&quot;/blogs/job-search/where-the-jobs-are-in-new-york-hint-everywhere-but-wall-street&quot; target=&quot;_blank&quot;&gt; Where the Jobs Are in New York (Hint: Everywhere but Wall Street)&lt;/a&gt;&lt;br /&gt;&lt;a rel=&quot;noopener noreferrer&quot; href=&quot;/blogs/job-search/business-majors-are-most-bored-at-work-science-and-engineering-majors-are-most-financially-secure&quot; target=&quot;_blank&quot;&gt; Business Majors Are Most Bored At Work, Science and Engineering Majors Are Most Financially Secure&lt;/a&gt;&lt;/p&gt;

Derek Loosvelt

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 Business Majors Are Most Bored At Work, Science and Engineering Majors Are Most Financially Secure

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