According to National Post, a new study discovered that more than one fifth of the richest people in the world studied Engineering while they were at college. Those that studied Engineering accounted for more than twice of the billionaires degrees. The finding also said that those who studied Engineering or at least have an interest in STEM (Science, Technology, Engineering and Mathematics) have a high preponderance of becoming rich compared to those who studied other subjects.
Both Bill Gates (worth $79 B in Forbes list) and Mark Zuckerberg ($33.4 B) were dropouts of Harvard University but had keen interest in science and engineering while at University. Those that also study business and finance have a better economic chance than those that studied arts or liberal arts as subjects in the University.
Approved Index, a business-to-business buying platform, analysed the educational background of billionaires by examining Forbes’ list of the richest 100 people in the world. Engineering graduates are also the richest of their prosperous peers, with an average wealth of US$25.8 billion, compared to a net worth of US$24 billion for billionaires without a degree and US$22.5 billion for those who studied finance. There are 2,325 billionaires in the world with a combined net worth of $7.29 trillion, which is almost a tenth of global GDP.