1. Financial Services Businesses
Do you want a sure way to becoming a millionaire or a billionaire? Start a Bank. Financial services businesses are undoubtedly the leader when it comes to making millionaires and even billionaires. The businesses that provide financial services include banks, stock brokerages, insurance companies, credit unions, consumer finance companies, credit-card companies, accountancy companies, and the like.
Financial service businesses hold almost all the money in any economy and in addition to charging fees for their services, these have the advantage of investing and making more money using other people’s money. Examples of well-known financial services companies with the largest revenues include Berkshire Hathaway (USA), AXA (France), American Express (USA), Allianz (Germany), ICBC (China), and HSBC (UK).
Sources: uk.businessinsider.com, Therichest.com, Forbes.com, Investfourmore.com
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