Six university subjects that will make you a millionaire
Business

Six university subjects that will make you a millionaire

As revealed, High Net Worth Individuals (HNWIs) have law and finance qualifications. The report for 2022 detailed some of the fascinating fiscal trends in South Africa. The document is produced by New World Wealth.

High-net-worth individuals are defined as having a net worth of at least $1 million (R15. 3 million).

HERE ARE THE SIX SUBJECTS THAT WOULD HELP YOU:

The six subjects are:

  • Law (LLB, LLM)
  • Finance and Accounting (B.Com, MBA, CA, CFA)
  • Mathematics and Statistics
  • Engineering
  • Computers and Information Technology
  • Medicine and Science
Want to become a millionaire? Studying these SIX university subjects will help
Source: New World Wealth.

MAIN INDUSTRIES IN SA FOR HNWIs:

Here are the main industries in which HNWIs in South Africa have acquired their wealth:

  • Financial and Professional Services – Financial and Professional Services includes banks, law firms, consulting firms, fund managers and wealth managers
  • Real Estate
  • Technology and Telecoms
  • Basic Materials
  • Healthcare
  • Diversified
  • Retail
  • Fast-Moving Consumer Goods (FMCGs)
  • Media
  • Manufacturing
  • Transport and Logistics
  • Hotels and Leisure

So there you have it! All the information needed to get yourself the pot of gold.

The report also revealed that Johannesburg is in the lead with a whopping 840 multi-millionaires, 34 centi-millionaires, and two billionaires living there. This includes Sandton.

Johannesburg also has 16,000 High Net Worth Individuals – or HNWIs living there. High-net-worth individuals are defined as having a net worth of at least $1 million (R15. 3 million).

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