Many of the world's billionaires get both a bachelor's and MBA before achieving their success. The common major is engineering or business administration. Becoming a billionaire takes hard work and dedication.
Some created new riches, some inherited old ones. But many on the list have something in common: They made their fortunes in the world of finance–or inherited such wealth. This year, the industry with the most billionaires is finance and investments, with 393 billionaires, nearly 15% of the list.
According to MBA.com, new hires with an MBA can earn as much as $115,000 as a starting salary, compared to a new hire with an undergraduate degree at $65,000.5 But the impact your MBA has on your salary depends on a number of factors, including your school, the chosen field, your position, and your past experience.
Benjamin Bradley Bolger (born 1975) is an American perpetual student who has earned 15 degrees and claims to be the second-most credentialed person in modern history after Michael W. Nicholson (who has 30 degrees). Like Nicholson, Bolger is from Michigan. Flint, Michigan, U.S.
If you have a bachelor's degree in a business discipline, then an MBA is a waste of time. You're going to repeat a bunch of stuff you took in undergrad, except you'll be paying graduate level fees. If you have a degree in some other discipline, an MBA can be invaluable if you want to open a business.
According to Zanetti, the MBA is not worth the investment, and “I don't think they have much impact on people's careers.” Generalist management training that an MBA brings has very little value in today world of specialized training, according to her.
Philanthropy is the most popular hobby among billionaires, according to Wealth-X's 2019 Billionaire Census. Sports, boating, and travel are also popular pastimes among the richest people in the world, according to Wealth-X.