The Africa wealth report has revealed that most wealthy people in South Africa, a projection that can be said to be the same for Zambia have either studied law or accounting.
These two careers or fields of study seems to offer the highest chances of joining the elite group of High Net-Worth Individuals – HNWI. The 2022 report availed to the Zambian Business Times – ZBT revealed that about 30% of HNWI have studied Law.
Accounting and Finance was the second most common area of study background among HNWI and it accounted for about 28%. The two (Law & Finance) are considered key in understanding how to both generate and accrue wealth.
Other notable areas of study that were areas of study and profession for wealthy people are ICT, Medicine, Engineering and Mathematic & Statistics. See chart for details.
Note from ZBT – any career path can land one into the elite league of HNWI, it’s the working knowledge of law and finance that is key. And that is why the Zambian Business Times – ZBT offers Business and Finance news that can help our readers improve and enhance their financial knowledge.
