News7 min read

5 Jobs That Make You a Millionaire in the U.S.

Do you want to learn about the 5 jobs that make you a millionaire in the United States? Continue reading this article and get to know them.

Written by

Tech VC

Published on

17 Feb 2023

For many people, the American dream is to become a millionaire. According to the  2021 Global Wealth Report by Credit Suisse, the United States boasted 21.95 millionaires, meaning their net worth is $1 million or more. Net worth includes all assets (including equity in one’s home) minus all debts. Besides making money through earnings, investing, and home appreciation, many Americans acquire large sums of money through inheritance. The United States has been a prosperous country for generations, and people have been able to pass down their wealth to their children.

While earning a large amount of money is no guarantee of happiness, it is a legitimate goal for those who want to improve their lives and the lives of their families.

While there is no magic formula for becoming an overnight millionaire, there are some jobs that will help you get there.

Most Popular Jobs for Millionaires

One of the most well-known jobs for millionaires is CEO. You will surely know Bill Gates, Jeff Bezos, and Elon Musk, three of the richest men in the world, all of whom held this position as leaders of their companies at some point, generating an immense fortune.

But besides CEO, there are other jobs that can also turn anyone into a millionaire in a few years.

jobs that make you a millionaire

What does it mean to be a millionaire?

It is important to remember that becoming a millionaire is not just about earning a high income. It’s also about saving and investing wisely.

Even if you don’t earn a six-figure salary, it’s possible to become a millionaire by living below your means, investing in assets that appreciate in value, such as real estate or stocks, and taking advantage of tax-advantaged savings plans, such as 401(k)s and IRAs. While there’s no guarantee that a single job will make you a millionaire, if you’re smart with your finances, it’s possible to achieve this goal.

So you want to be a millionaire. What is there to do? There are jobs that will make it possible.

According to a study, there are certain jobs in the United States that can make you rich. If you are looking to make a lot of money, these are the jobs you should consider. Don’t miss the opportunity to read this article!

Astronauts

For example, being an astronaut is currently the most lucrative career path for those who want to earn a million dollars. However, not many people pursue this line of work as the number of jobs are few and far between.

That said, becoming an astronaut is only one way to earn a million dollars; there are several other jobs that provide high salaries without a large risk factor.

Health and Medical

In general, healthcare and medical jobs are the highest paying jobs in the United States. However, they are also among the jobs that require the most education, dedication, time, and stress, but the pay could be a great incentive.

In the United States, the 25 highest-paying jobs have an average salary of more than $100,000, which is double the median income in the U.S., which is $46,124 a year, according to data from the Department of Labor’s Bureau of Labor Statistics. We share with you the highest paying jobs according to US News & World Report, as well as the average salary.

Highest paying jobs in the United States

Job Salary
Anesthesiologist $265,990
Surgeon $251,890
Oral and Maxillofacial Surgeon $242,740
Obstetrician and gynecologist $235,240
Orthodontics $229,380
Psychiatrist $216,090
Doctor $198,370
Prosthodontist $196,960
Pediatrician $187,540
Dentist $174,110
Nurse anesthetist $169,450
Petroleum Engineer $154,780
Information Technology Manager
Podiatrist $148,470
Marketing Manager $145,620
Financial Manager $143,530
Lawyer $141,890
Sales Manager $137,650
Financial Advisor $124,140
Commercial Operations Manager $123,460
Pharmacist $121,710
Optometrist $119,100
Actuary $114,850
Political scientist $112,030
Health and Medical Services Manager $111,680

Of all those mentioned, we will only focus on 5:

General Manager

A general manager can earn more than $11 million per year. If you’re a good leader and have experience managing companies, this job could be right for you.

Lawyers

Lawyers have the opportunity to earn large sums of money if they work at a good law firm or if they are partners in a law firm. Average salary in the U.S. is $70,000$136,000 per year.

We all know what a lawyer does. They are in charge of giving legal advice or assistance to individuals, businesses, or the government. They can focus on different areas, and they usually charge by the hour, which usually generates a large income. The more money clients have, the higher the profits. This is achieved through good performance.

Doctors

Doctors are some of the highest paid people in the United States. Physician salaries vary by specialty, but the average salary in the U.S. is $201,000$862,000 per year.

Physicians are health professionals who treat sick or injured people. There are multiple areas of medicine, with surgery being one of the biggest money-makers.

Doctors make a high salary because they are in high demand, they invested a great deal of money in their education, and their work is vitally important. Specialists and surgeons make even more money since they are in even higher demand. There is also a lot of competition for all of these jobs, as many people want to become doctors so they can earn good salaries.

Technology Executive

Technology executives are some of the wealthiest people in the world. Executives at major tech companies like Google, Facebook, and Apple can earn more than $20 million per year.

They are the most in demand since their job is to create life-saving machines. This is also a very lucrative field as computers can perform almost any task and are highly reliable compared to human error. In addition, many computer programs can be used to calculate salaries and hire people only for value-added tasks, which further increases paychecks.

Investment Banker

Bankers can also earn large sums of money. Executives at the world’s largest banks can earn upwards of $1,000,000$20,000,000 per year.

As the title mentions, an investment banker gives advice to individuals or companies on how to invest or use their money to make it grow. This involves buying stock, investing in individual businesses, or even acquiring or blending with another company. The larger an investor’s clients are, the larger the commissions they earn with each action paying off.

These jobs are some of the ones that can make you a millionaire in the United States. If you are willing to work hard and have the necessary skills, don’t miss the opportunity to look for one of these jobs! We can help you!

Obtaining a Work Visa

Each year the United States issues thousands of work visas to foreign nationals. However, there are dozens of different types of nonimmigrant visas that cover a wide variety of jobs.

There are many types of work visas that allow foreign nationals to work in the United States. The most common type of work visa is the H-1B visa, which allows skilled professionals to work in a specialty occupation.

Other types of work visas are the H-2A and H-2B visas for seasonal workers, the L Visa for intra-company transferees, and the E visa for traders and investors.

Who can apply for H-2A and H-2B visas?

Citizens of these Latin American countries are eligible to apply for H-2A and H-2B visas.

Argentina

Brazil

Chile

Colombia

Costa Rica

Ecuador

El Salvador

Guatemala

Haiti

Honduras

Mexico

Nicaragua

Panama

Paraguay (H-2A only)

Peru

Dominican Republic

Uruguay

To apply for a work visa, you will need to file an application with the United States Citizenship and Immigration Services (USCIS). Once your application is approved, you may attend an interview at a U.S. embassy or consulate. After the interview, you will be issued a work visa that will allow you to enter the United States and begin working.