The World's Richest People Mostly Come From the Manufacturing Sector

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Erlina Fury Santika 13/04/2025 13:00 WIB

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According to Knight Frank research, from 2014 to 2024, the world's wealthiest individuals predominantly originated from the manufacturing sector. There were 500 billionaires.

Number of the World's Wealthy People by Top 10 Industrial Sectors (2024)

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Number of the World's Wealthy People by Top 10 Industrial Sectors (2024)

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Knight Frank, a UK-based property consultancy, has mapped the number and distribution of high-net-worth individuals (HNWIs) globally. These individuals are defined as those possessing assets exceeding US$10 million, or over Rp167.9 billion (assuming an exchange rate of Rp16,790/US$).

Their latest report, *The Wealth Report 2025*, states that there were 2.34 million HNWIs worldwide in 2024, a 4.4% increase from 2023.

Broken down by industry, the manufacturing sector had the highest number of HNWIs, with 500 individuals. This was followed by the technology sector with 443, finance and investment with 353, and fashion and retail with 318.

The healthcare sector had 284 HNWIs, while the food and beverage, real estate, and automotive sectors also featured in the top 10.

The United States had the largest population of HNWIs, with 905,413 individuals, representing 38.7% of the global total in 2024. China followed with 471,634 HNWIs (20.1%), and Japan with 122,119 (5.2%).

"Despite the global economic slowdown throughout 2024, the resilience of the US economy helped maintain investor confidence," wrote Knight Frank in its report.

Here are the top 10 industrial sectors with the highest number of HNWIs in 2024:

1. Manufacturing: 509 individuals
2. Technology: 443 individuals
3. Finance and Investment: 353 individuals
4. Fashion and Retail: 318 individuals
5. Healthcare: 284 individuals
6. Food and Beverage: 277 individuals
7. Real Estate: 228 individuals
8. Media and Entertainment: 110 individuals
9. Automotive: 101 individuals
10. Diverse Sectors: 206 individuals

Editor : Erlina Fury Santika

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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The World's Richest People Mostly Come From the Manufacturing Sector

The World's Richest People Mostly Come From the Manufacturing Sector

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