You might think becoming a wealthy millionaire is an impossible dream. You can work your whole life and never break a million. And while it’s true that it’s tough. It’s not impossible. The one thing that really makes a difference is the industry you choose.
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Technology
Tech is where it’s at. Silicon Valley has become the mecca for millionaires for a reason. And that money is not going anywhere. It’s only going to grow. You can become a FAANG employee or a venture capitalist and you can get there starting from the bottom. If you’ve got an eye for tech, here’s your in.
The average salary of an employee at one of the five largest tech companies is in the hundreds of thousands. $141,000 is on the low end, according to Fast Company. That’s saying something.
These FAANG (Facebook, Amazon, Apple, Netflix and Google) companies are massive employers. And they’re almost always hiring.
And even if you hate the 9 to 5 slog, you can become a founder. Venture capital investors are all over startups, especially now with the AI boom. We’re seeing over $300 billion invested in startups, primarily in the tech field, according to Crunchbase.
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Healthcare
But tech isn’t the only place to make millions. The high-paying jobs in the healthcare industry are spread across virtually every field. For example, according to Glassdoor, the average salary of doctors is between $188,000 and $352,000 per year.
And that can go much higher the more you specialize. Even better? About 51% of doctors reach a net worth of at least one million dollars, per Medscape.
With earnings like these, you can invest in the S&P and potentially grow your wealth to millions over time.
Fortunately, because the United States has one of the last for-profit healthcare systems in the developed world, there’s still so much money to be made here. If you’re passionate about medicine, this could easily be you.
Finance
You had to know this one was coming. Finance is where the money is.
If you’ve got a solid grasp of the stock market, hedge funds, portfolios and more, there are literally millions to be made in finance. In fact, it’s one of the few industries where you can get rich without a formal education.
According to Glassdoor, the average salary of an investment banker, on the low end, is $273,000. And Managing Directors make upwards of $750,000 a year.
How do these people make so much money? Companies like JP Morgan, Bank of America, Wells Fargo and Citibank rake in serious dough and they’re willing to pay big dollars to the people who help make that happen.
We’ve said it once and we’ll say it again: that could be you.
Real Estate
What were saying about not needing a formal education? Well, it’s true in real estate, too.
Around 90% of millionaires are invested in real estate. Indeed, a lot of them got that way by making their first purchase in a risky real estate adventure and growing from there.
You’ve got so many options when it comes to making money in land and property. You could buy and sell properties (or flipping). You might buy a property and make money from the rental income. You could even become an Airbnb host. After all, the average Airbnb host makes $20,619 in profit yearly for just one two-bedroom apartment or house, according to SmartAsset.
And, renting out several properties could potentially make you a lot of money while collecting equity for your appreciating property, building wealth at the same time.
The reality is: real estate drives tons of tax benefits your way and it serves as a hedge against inflation. It provides steady cash flow if you’re taking in rental income and the industry will only grow as the population increases. So there will always be demand.
With enough time, you can grow a decent-sized real estate portfolio that could make you millions.
Media and Entertainment
Yes, it takes work, luck and talent to break into media and entertainment. But it is one of the largest industries, with a market value of $649 billion in the U.S. alone, according to the International Trade Administration.
If you think you’ve got a knack for entertaining people, please, give it your best shot. It’s easier than ever to set up an Instagram account and start creating content. But be aware that since the barrier to entry is so low, very few will truly succeed.
Or — if you think you might be the next Brad Pitt — head over to Hollywood, find an agent and try to book a gig.
You could also start putting your music on Spotify or comedy routines on YouTube. There are just so many different paths you can take in this industry.
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Sources
ZipRecruiter, “FAANG Companies Salary.”
CrunchBase, “Startup Funding Regained Its Footing In 2024 As AI Became The Star Of The Show.”
SmartAsset, “Where Do Airbnb Hosts Make the Most Money?“
International Trade Association, “Media & Entertainment.”
This article originally appeared on GOBankingRates.com: 5 Industries Making the Most Millionaires in 2025