Skip to content
City PM
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
Thursday 26 March 2015 5:53 am

The one degree you should study if you want to become a billionaire

By: Sarah Spickernell

Add as a preferred source on Google

Studying engineering for three or four years might not sound like great fun to most 18-year-olds, but it's exactly what they should be looking to do if they want to earn the big bucks later in life.

Why? Because out of every possible subject you can do at university, it gives you the highest chance of becoming a billionaire. According to an analysis of the Forbes 100 rich list by business-to-business buying platform Approved Index, 22 per cent of the world's richest people studied this subject as an undergraduate degree, which is almost twice as many as from any other discipline. 
 
Sergey Brin and Larry Page, co-founders of Google, both studied computer engineering before making their fortunes, while Michael Bloomberg  and businessman and philanthropist Charles Koch also come from an engineering background. 
 

 

A business degree offers the next best chance of being a billionaire, with 12 per cent of the list's members having studied this money-focused subject. All combined, arts graduates comprise just nine per cent of the world's wealthiest billionaires. 
 
More unusual is that engineering far exceeds any other science, technology, engineering or maths (Stem) subject in giving rise to the super-rich. Maths graduates make up just two per cent of the rich list, as do all other science graduates added together. 
 
What's more, engineering billionaires are richer than all other kinds of billionaire – these individuals have an average wealth of around $25.8 (£17.3bn) on the Forbes list, compared to $22.5bn (£15.1bn) among those with finance degrees and $24bn (£16.1bn) among those without degrees. 

Degree not always necessary

While an engineering degree can certainly help you on the road to success, it's by no means necessary. Of all the 100 richest people, a third had no degree at all.
 
Bill Gates, now the richest person in the world, and Mark Zuckerberg, the youngest person on the Forbes rich list, both dropped out of Harvard to become entrepreneurs.

 

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Jobs and Money

Categories

  • Personal Development

Trending Articles

  • Top Burnham adviser calls for capital gains and inheritance tax hikes

  • A meeting with the breakfast king of Mayfair

  • Housebuilding giants hit with £4.5bn lawsuit for allegedly overcharging buyers

  • As it happened: Stocks jump on defence and metals boost; Oil on track to shed a fifth on US-Iran peace hopes

  • BT tops FTSE 100 after finding new home for international business with Verizon joint venture

More from City PM

  • European Firms Turn to Midsize Engineering Partners

    Business Wire
  • Acres Engineering boosts UK industry with prestigious King’s Award win

    Partner
    Acres logo with sleek design on a business news website, representing innovation and growth in the industry.
  • Why English literature graduates shouldn’t be Prime Minister

    Opinion
  • Straive Acquires NextGen Invent to Boost Data & AI Operationalization Capabilities

    Business Wire
  • You can buy AI software, but not years of AI development experience

    Partner
    Edreams office space showcasing modern design and open-plan layout with collaborative work areas and natural lighting
  • Wise profit slides as costs racks up from US listing

    Fintech
    Wise outlined plans to shift its primary listing to the US in June.
  • European Aerospace, Defense Firms Advance Modernization

    Business Wire
  • Usercentrics Appoints Pawan Hegde as COO and Promotes Elena Ignatova to CPTO

    Business Wire

City PM — European politics, business and analysis.

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Topics

  • Business
  • Markets
  • AI
  • Technology
  • Opinion
  • Energy

More

  • Politics
  • Economics
  • Fintech
  • Legal
  • Sport
  • Life

Company

  • About City PM
  • Editorial Policy
  • Corrections
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 City PM · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
About · Editorial Policy · Corrections · Contact · Privacy