Want to Become a Billionaire? Study Engineering
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]