There are many highly paid engineers. What you're probably looking at are the top 1/10th of a % of the wealthiest people in the world. There are a lot of miserable rich people in the world. Do what you like...the money will follow, but don't obsess on money itself,
I don't know what you mean by "highly paid" or "rich" but almost all of the engineers I worked with are highly paid and most are also rich.
Note: most people who work for a living get rich by saving their money and investing it wisely. Read "The Wealthy Barber" if you want to learn ho to be rich.
I think 90% of world's richest and most successful people are engineers. Those who inherited their wealth aren't considered rich, they are offspring of rich people.
My father is engineer, he made the first million in our family, my uncles are business owners and work for the government - the didn't make half his fortune.
Engineering is demanding but it's also very rewarding. But if you are after money, then business can make you billionaire - engineering alone cannot.
So the best is - mixture - of both business and engineering. Nowadays, business has lots of engineering and technology in it. Supply chain management, inventory management, etc. So if you love engineering studies and want to be extremely rich, then study engineering then do masters in business.
Good luck!
According to the study "Leading CEOs: A Statistical Snapshot of S&P 500 Leaders," the most common undergraduate degree for such leaders, who are usually compensated very well, is engineering. See the link below for that study:
http://content.spencerstuart.com/sswebsi...
Are you kidding me? Engineers have highly paid jobs. But I guess that depends on your definition of a lot of money. If you're talking millions then no. But it's normal to get a starting salary at 50000$.
The people who make a lot of money basically do it by swindling other people rather than building things. If you make money in real estate by flipping houses, your money comes from people who lost it in the market - ended up with less than they started with. If you make money on the stock market, it might come from dividends - a reward for your lending money to companies so they can build things - but it probably comes from gambling, selling stocks to others who lost money buying it.
I'll grant that someone can make a good deal building up an engineering company and getting real contracts, but the big money comes from going public and getting investors to pay over the odds for your shares.
because most of them are decent people who don't think charging ignorant customers ten times what the job is worth is the way to behave
Im in gr 11 and i want to be a very rich engineer. Ive been searching up rich people in the world. Most of them inherit it from family or are buisness people. None are engineers and could someone explain why