Want to Become a Billionaire? Study Engineering

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iStock

If you want to get rich—really, really rich—chances are, you should get yourself an engineering degree. As The Telegraph reports, a new analysis from the UK firm Aaron Wallis Sales Recruitment finds that more of the top 100 richest people in the world (according to Forbes) studied engineering than any other major.

The survey found that 75 of the 100 richest people in the world got some kind of four-year degree (though others, like Bill Gates and Mark Zuckerberg, attended a university but dropped out before graduation). Out of those who graduated, 22 of those billionaires received engineering degrees, 16 received business degrees, and 11 received finance degrees.

However, the survey doesn't seem to distinguish between the wide range of studies that fall under the "engineering" umbrella. Building a bridge, after all, is a little different than electrical engineering or computing. Four of those 100 individuals studied computer science, but the company behind the survey cites Amazon's Jeff Bezos (who got a bachelor's degree in electrical engineering and computer science from Princeton) and Google's Larry Page (who studied computer engineering at the University of Michigan and computer science at Stanford) as engineers, not computer scientists, so the list might be a little misleading on that front. (And we're pretty sure Bezos wouldn't be quite so rich if he had stuck just to electrical engineering.)

Aaron Wallis Sales Recruitment is, obviously, a sales-focused company, so there's a sales-related angle to the survey. It found that for people who started out working at an organization they didn't found (as opposed to immediately starting their own company, a la Zuckerberg with Facebook), the most common first job was as a salesperson, followed by a stock trader. Investor George Soros was a traveling salesman for a toy and gift company, and Michael Dell sold newspaper subscriptions in high school before going on to found Dell. (Dell also worked as a maitre d’ in a Chinese restaurant.)

All these findings come with some caveats, naturally, so don't go out and change your major—or head back to college—just yet. Right now, Silicon Valley has created a high demand for engineers, and many of the world's richest people, including Bezos and Page, earned their money through the tech boom. It's plausible that in the future, a different kind of boom will make a different kind of background just as lucrative. 

But maybe don't hold your breath waiting for the kind of industry boom that makes creative writing the most valuable major of them all. You can be fairly certain that becoming an engineer will be lucrative for a while.

[h/t The Telegraph]

We're Hiring a Videographer/Editor!

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iStock.com/filo

Mental Floss is seeking a full-time videographer/editor to join our team in New York City. This person will shoot and edit multiple videos a week for our site and other platforms, contribute to brainstorming sessions, and see each video through every stage of production to the final product. This includes:

- Pitching video ideas and planning their execution
- Shooting in studio and on location
- Lighting shoots in studio and on location
- Recording audio
- Editing video
- Creating text and basic motion graphics

Ideal candidates will be ambitious, detail-oriented, and deadline-driven, and comfortable being a key player on a team as well as managing independent projects. They will have solid technical and production skills, and are equally comfortable shooting and editing. A sense of humor, wit, and the proclivity to pitch in and do whatever needs doing to get the job done are essential.

REQUIREMENTS

- 2-4 years making short-form digital video
- Experience shooting, lighting, and audio recording in the studio and on location
- Experience editing videos
- Proficiency in Adobe Premiere, After Effects, and Photoshop
- A knowledge of "what works" across platforms—but also an inclination to push the boundaries and innovate
- Strong writing skills
- Bonus points if you have animation and graphic design experience

TO APPLY

Send an email with the subject "Mental Floss Editor/Videographer" to anna@minutemedia.com. In your cover letter, tell us why you're a fit for our team and what a perfect Mental Floss video would be. Tell us about your most relevant work experience. Include a link to your portfolio and/or at least three links to short-form videos you shot or edited (specify your role). Please include your resume and salary requirements.

If we bring you in for an interview, we'll also ask you to do a video editing test. Please note that this is not a remote position; our offices are in midtown Manhattan.

America's Divorce Rate is Declining—and We Have Millennials to Thank for It

iStock/Jason_Lee_Hughes
iStock/Jason_Lee_Hughes

Millennials are reportedly killing off yet another cultural mainstay, but this time, it may be a good thing. According to Bloomberg, divorce rates are going down, thanks to the commitment powers of younger generations.

Between 2008 and 2016, the divorce rate in the U.S. dropped by 18 percent, according to a new analysis of data from the Census Bureau’s American Community Survey. Controlling for related factors like age (older people are less likely to get divorced than younger couples), the rate still dropped by 8 percent. By contrast, Baby Boomers have consistently divorced at higher rates than previous generations.

Many declines that Millennials are blamed for—like rates of homeownership or having kids—can actually be attributed to the dismal finances of a generation that came of age in a recession, is saddled with crushing student debt, and faces high costs of living and low wage growth. Divorces can be expensive, too. Yet several trends point to a higher likelihood of marriage stability for the Millennial generation that has nothing to do with finances. On average, Millennials are marrying later in life, and spending more time dating partners prior to marriage than earlier generations, both of which correlate with a lower chance of divorce, according to social scientists.

“The U.S. is progressing toward a system in which marriage is rarer, and more stable, than it was in the past,” author Philip Cohen writes in the paper.

Sorry, law school students, but it looks like being a divorce lawyer is going to get a little less lucrative in the future.

[h/t Bloomberg]

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