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15 Lucrative Jobs That Can Make You A Millionaire

Posted by Glassdoor Team

Career Advice Experts

Last Updated May 20, 2021

We can say with confidence that most people want a job that offers job satisfaction, job security and that pays well. If you’re looking for more than this - you want a job that pays mega-£’s, then here are 15 career paths that over time can make you a millionaire. 

The eternal question is, though: What is a millionaire? Is it someone who earns a million pounds?  Or, is it someone who has a million pounds worth of assets? Let’s find out what makes someone a millionaire. 

When can you call yourself a millionaire? 

The basic definition of a millionaire is someone whose net worth is 1 million pounds or more. Net worth is the value of an individual’s assets (things they own), minus their liabilities (money they owe others). 

For example, if someone has two million in assets but they owe £3 million to the bank, they can’t class themselves as a millionaire. But, if that same person didn’t owe money to the bank, their net worth is £2 million - and they can call themselves a millionaire. 

What jobs can make you a millionaire?

Here are 15 jobs that can help you become a millionaire:

Glassdoor average salary: £116, 943

A tax director is responsible for ensuring the organisation is tax compliant with national and international laws. They’ll monitor reporting and planning to minimise the company’s tax obligations. 

Glassdoor average salary: £83,557

A director of IT has overall responsibility for a company’s technical infrastructure, managing a team of IT specialists and ensuring the technology in place is meeting the needs of the organisation. 

Glassdoor average salary: £99,816

Managing directors have overall responsibility for the company’s business operations. This includes the design and rollout of strategic plans, so the organisation meets its financial goals. 

Glassdoor average salary: £91,733

Someone who works in private equity makes money for their clients by investing in or buying privately owned companies. They’re involved in researching the company and coming up with a forecast for the company’s worth. 

Glassdoor average salary: £89,396

An in-house counsel can also be known as an in-house lawyer. In-house counsels are employed directly by a company and are responsible for providing accurate and relevant advice on any legal matter relating to the company. 

Glassdoor average salary: £99,908

A chief executive officer (CEO) is the highest-ranking executive in an organisation. They hold great power within the company and their responsibilities include managing the business’ operations, making major corporate decisions and acting as the public face of the company. 

Glassdoor average salary: £87,113

A managing partner may play two roles within a company: 1. Making strategic decisions and driving business growth, 2. Overseeing the day-to-day activities of the business and managing employees. A managing partner will report to the executive committee. 

Glassdoor average salary: £102,927

A chief marketing officer, CMO for short, is the most senior person in the marketing team. They’re responsible for making strategic marketing plans for the company and ensuring that the marketing team is communicating in a consistent and cohesive way. 

Glassdoor average salary: £79,854

The overall responsibility of a director of operations is to ensure an organisation is running as smoothly as possible and making a profit. A director of operations will make decisions on a company’s expense control, budgets, working practices, staffing, equipment needs, etc.

Glassdoor average salary: £80,816

A creative director is the lead creative in a company. They may work for an agency or be employed directly by an organisation. The responsibilities of a creative director include planning and creating creative visions to communicate a company’s products, services, mission or vision to the public. 

Glassdoor average salary: £122,178

The chief financial officer (CFO) is seen as the most senior person of an organisation’s finance or accounting department. A CFO has responsibility for all the finance activities of a company. This includes managing the processes for budgeting and forecasting and the preparation of financial reporting. 

Glassdoor average salary: £95,000

Depending on the management structure of an organisation, the vice president (VP) may be the second or third person in command. The responsibilities of a vice president will depend on the type of organisation, but may include making major business decisions, signing contracts, shaping the company’s mission and vision, guiding executives and stepping in for the CEO when needed. 

Glassdoor average salary: £96,112

A director of engineering may also be known as head of engineering. The person who occupies this role will be responsible for the engineering department. This includes hiring and organising the training of new staff, finalising budgets and managing large projects. 

Glassdoor average salary: £120,000

Orthodontists differ from dentists in that they focus on the alignment of teeth and jaws. Someone may be referred by their dentist to see an orthodontist if they need help correcting crooked or over-crowded teeth. 

Glassdoor average salary: £78,454

A cardiologist is a doctor who specialises in diagnosing, assessing and treating diseases of the heart and blood vessels. They can work for the NHS or work in private practices, meeting with patients to discuss their issues and plan the next steps for treatment or preventative care.