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Most Of The World’s Billionaires Made Their Money In These 5 Industries

warren buffettThere are 2,325 billionaires on the earth. 

And they control 4% of the world’s wealth.

According to a new report from research firm Wealth-X, about 13% of billionaires inherited their fortune, 27% became billionaires from re-investing inherited wealth, and a full 60% of billionaires made their money themselves.

Let’s drill into how they made all that cash. 

“Opportunities for significant wealth gains can be found across most, if not all industries,” the report reads, “but certain industries have been particularly important sources of billionaire wealth generation.” 

Here are the top five: 

billionaire industries

Unsurprisingly, most billionaires make their dough in finance. 

The fascinating trend here is just how much wealth industrial conglomerates are creating, which Wealth-X chalks up to globalization. 

“Billionaires are increasingly gravitating towards diversified business ventures such as industrial conglomerates, especially in emerging markets,” the reports says. “For Latin America and the Caribbean, Asia, Africa, and the Middle East, the largest proportion of new billionaires made their fortunes in industrial conglomerates.” 

The takeaway: If you want to achieve ridiculous wealth, go to Wall Street — or the developing world. 

And attending one of these schools can’t hurt, either. 

SEE ALSO: The World’s 2,325 Billionaires Have These 14 Traits In Common

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Pandora AMPs up the music with new data and insights platform for artists

Earlier this week we reported how Pandora wants to reward listeners with ad-free music for engaging with brands. Today, Pandora has announced it’s giving artists new tools to monitor and analyze fan-engagement on the internet radio streaming service. With AMP (artist marketing platform), Pandora says it’s looking to ‘eliminate the guesswork’ by letting artists know which  songs are performing well (e.g. which are being given a ‘thumbs-up’), which could be used to help inform future singles or which tracks to perform live. Pandora’s AMP AMP will also tell artists where most of its loving is coming from – for example,…

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Nikki Jean Featuring Ab-Soul “Champagne Water”

Ab-Soul often finds himself collaborating with soulful singers. Nikki Jean, who’s collaborated with him in the past, is one of the few. The two open up hump day with “Champagne Water.”

Like the drink that inspired it, Nikki Jean’s extended jam features bubbly production that Ab-Soul’s lyrically dense style happens to fit into: “God damn, why these humans so devilish/ Fuck Led Zeppelin, the ‘Stairway to Heaven’ in.”

Ab-Soul is working on Longterm Mentality 3 — what he calls his debut album.

Previously: Ab-Soul Is Finding His Own Lane In The Hip-Hop World
All The New Music Kendrick Lamar’s Released So Far
Ab-Soul And Bas Deliver High Energy Performances In NYC

Here’s When You Can Finally See ‘The Avengers’ Sequel Trailer

avengers age of ultron hanging out party

The “Avengers: Age of Ultron” trailer has now played at San Diego Comic-Con and New York Comic Con and pretty soon you’ll be able to see it, too.

The first teaser trailer for the anticipated sequel will air Tuesday, Oct. 28 during Marvel’s “Agents of S.H.I.E.L.D.” television series on ABC during the 9 p.m. hour ET.

The network made the announcement Tuesday evening during the hour-long show.

We expect it to hit the web soon afterward.

The “Avengers” sequel is in theaters May 1, 2015.

SEE ALSO: Marvel showed footage for “Ant-Man” and “The Avengers” sequel at a secret Comic Con event and fans loved it

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New Music: Nikki Jean feat. Ab-Soul “Champagne Water”


Los Angeles based vocalist Nikki Jean recently hit the studio with TDE’s Ab-Soul and cooked up a funky number titled “Champagne Water.” Detailing her journey through life, it’s apparent that Nikki is enjoying every step of the way. Even on a Poland Spring budget, she knows how to have Cristal dreams.

Listen to the song below…

[spotted at HHNM]

New Music: Ab-Soul Feat. Lupe Fiasco & Nikki Jean “World Runners”

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