That said, for the non-exact nature of figuring this out, if you don't want to wait for your fortune it probably comes as no surprise that technology is your best bet and is tied for the lowest average billionaire age (thanks, Facebook billionaires) with metal and mining. So if it's young money you're after, pick up a mine or two while you wait for your social network or search engine to catch on. You'll be making the other billionaires feel like slackers in no time.
That's not where the biggest money is though. Perhaps surprising to some is that fashion and retail (which includes grocery stores), is the category that accounts for the most cumulative wealth. More than investments, more than finance and more than technology. Selling actual, physical stuff to consumers is still your best bet of making money. Oh, and for those who noticed Sinaloa Cartel drug trafficking leader Joaquin Guzman Loera on the big list (he falls under "logistics")? {Forbes} Stick to the legal, actual, physical stuff like fashion or food. Not only is the life expectancy better, in the long run so are the profits. You never know though, maybe Loera's already diversified by blinging out weapons.
Now what if it's easy (relatively speaking) wealth you're after? Gaming has relatively few billionaires, and on average they're kind of old. The amount of competition is comparatively small, most will be retiring in general or retiring to that great casino in the sky, so this is a prime market to go after. How to go after it? Well, that's up to you and probably a bit of genetic fortune. If you missed out on being born into a dynasty, your next best bet is to marry into one. If that still doesn't work, there's always the do-it-yourself model. We'll give you a few pointers on that once we appear on the list rather than doing the grunt work of analyzing it. Off to the single billionaires list it is then.
How to Make the Forbes Billionaire List: Young, Big & Easy Billions by YM Ousley originally appeared on Signature9
When Pocketgear changed course recently and announced it was going to be a white-label app store provider for other companies called Appia, I said we should be prepared for an app store onslaught. Well, it appear it may be starting now with Opera opening the Mobile App, a web storefront where 100 million Opera browser users will be able to buy apps.
Opera said the store will be a Speed Dial link in the Opera Mini and Opera Mobile browsers and will offer apps for Android, Symbian, BlackBerry and Java. The number of apps available will vary according to the end device, with the store only presenting apps that work on that phone. Users will get a tailored store experience that includes local language and currency support, too. By leveraging Appia, Opera will have the ability to offer some 140,000 Appia apps on various platforms and will be able to boast its own store with minimal effort.
As I said earlier, the app market is booming with some projecting off-deck app markets eclipsing native app stores in revenue by next year. Forrester Research recently turned heads by predicting the mobile app market will be worth $38 billion by 2015. That’s a staggering sum, considering Apple’s App Store has generated a little less than $3 billion since it opened in July of 2008, with developers taking $2 billion so far. But it shows there’s a lot of optimism in app stores.
Opera is clearly angling to get a piece of the pie by extending beyond simply providing a mobile browser to being a purveyor of content. It’s hoping to leverage its existing reach in 200 countries, which gives it a leg up in competing for eyeballs. Opera said a pre-launch of the Opera Mobile Store in February attracted more than 15 million users, who racked up more than 700,000 downloads per day.
With everyone rushing to create app stores, I don’t know if anyone but a handful will get the kind of traffic needed to be really successful. The ones that simply resell and don’t create much value for developers or consumers may not see much success. Opera is trying to build relationships with developers through the Opera Publisher Portal, which is meant to make it easy for developers to upload their apps. But unless developers see a lot of money-making opportunities to warrant supporting additional stores, many will concentrate on the destinations that command attention and are willing to promote and market their apps, not just try to make some money off of them. And unless consumers of these stores get exclusive apps, better security, improved discovery or cheaper pricing, I’m not sure many will spend a lot of time in these markets. It’s not proving easy to make a store. The challenge now is ensuring its equipped to compete.
Related research on GigaOM Pro (sub. req’d):
- Why RIM’s Future (Unfortunately) Hinges on BlackBerry OS 6
- Why Google Launched App Inventor
- Is Amazon the New Self-Publish Kingpin?
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