Forbes – How America’s Wealthiest Get Rich
27 March, 2012 Leave a comment
Want to be a billionaire? If you follow our World’s Billionaires list, you know there’s no single way to get the job done–you can get rich on energy drinks or yoga pants just as well as hedge funds.
But for those who like to read the tea leaves, we’d point out something that is probably fairly obvious to most: the tech industry is probably the best place to roll the dice.
Technology is now the second-most common way American billionaires made their fortunes. Fifty-one of the 425 Americans on the World’s Billionaires List (12% of U.S. billionaires) are rich thanks to this industry. (Number one is the hodge-podge category of investments, which includes hedge fund tycoons but also a wide assortment of others like Warren Buffett who have interests in a multitude of industries).