Hello all, I am glad to share my Latest INDEPENDENT Excel Project – “Worlds Billionaires Insight Dashboard”. This project is primarily focused on gaining a comprehensive understanding of the billionaire landscape. Through meticulous data analysis and visualization, the project aims to uncover key insights and trends within this elite group of individuals.
➤Project Title: “The World’s Billionaires”
➤OBJECTIVES: This project is aimed at providing a visualized, interactive analysis of the world billionaire statistics to the following objectives: 🎗️ To expose individual rankings of top billionaires. 🎗️ To uncover the country scale of top-billionaire distribution. 🎗️ Insights on gender billionaire scale. 🎗️ To decipher the top billionaires according to industries.
➤Questions: • Who are the top 10 billionaires in the world? • Which country has the highest number of billionaires? • Which age group has the highest number of billionaires? • How many male billionaires are there in USA?
➤Process: • Data Cleaning, remove empty values. • Data Processing • Data Analysis • Data Visualization • Insights • Recommendations
➤Insights:
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Billionaires by source & worth: - 🌐 Technology Reigns: A significant portion of billionaires derive their wealth from tech-related sectors, showcasing the pivotal role of innovation in today's economy. 💼 Finance & Investments: Noteworthy presence of billionaires from finance and investments underscores the importance of financial markets in wealth creation.
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Billionaires by Age :- 🚀 Young Entrepreneurs: A rising trend of young billionaires under 40, showcasing the entrepreneurial spirit and disruptive innovation driving wealth creation. 📈 Mid-Career Success: Many billionaires in their 40s and 50s, reflecting a stage of career maturity and substantial achievements in various industries.
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Billionaires by worth :- 🚀 Ultra-High Net Worth Individuals (UHNWIs): A substantial portion of billionaires boasts net worths exceeding billions, representing the pinnacle of wealth accumulation. 💼 Mid to High Net Worth Individuals: Beyond UHNWIs, there's a diverse range of billionaires with varying net worths, reflecting the multitude of pathways to billionaire status.
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Gender Distribution by Billionaires :- 🌟 Male Dominance: Historically, male billionaires have outnumbered their female counterparts, reflecting longstanding gender disparities in wealth accumulation. 🚺 Rising Female Representation: Encouragingly, there's a noticeable increase in female billionaires, signalling progress towards greater gender equality in wealth creation.
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The most billionaire-distributed country is the United States with a total of 31 billionaires 💵.
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Bernard Arnaut & family ranks the richest billionaire from the statistics with a net worth of $211,0000.
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Clement Del Vecchio, age 18 ranks the youngest billionaire.
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The percentage ratio of men to women billionaires is 87.23% to 12.77%; signifying gross gender gap.
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Of all 18 industries analysed, the technology category ranks topmost with a total of 34 billionaires.
➤RECOMMENDATONS:
⚓ Structures are to be put in place to enable women thrive better in economy.
⚓ The youngest billionaire, 18 is reasonably poor, considering the advancement of technology in the industrial/ ITC age.
⚓ The United Nations should endeavour to enable the training of the young in industrial, economic enterprise.
⚓ The US, ranking top by most billionaire-distributed country is suggestive of a good economy. Other countries are advised to enter into treaty relationships with her to foster their own economic growths.