You’ve been looking for statistics about coding bootcamps for weeks.

You’re on the fence about whether or not to take the plunge, and the last thing you want to do is make a mistake with your career.

You’ve probably heard that coding bootcamps are a great way to learn to code and get a job as a developer. But how many people have actually done it? What kind of jobs do graduates get? How much money do they make?

We get it. And that’s why we’ve rounded up the latest coding bootcamp statistics that will answer all of your questions and more. You’ll be able to read about everything from the average cost of tuition at these programs to how many people graduate each year and what kinds of jobs they get afterward.

This list is perfect for anyone considering taking a coding bootcamp or someone who’s already in one and wants some stats about their peers’ experiences!

We’re going to give you everything you need to know in one place so that you can make an informed decision and get back to being productive!

Coding Bootcamp Market Statistics

1. The estimated total number of coding bootcamp graduates for 2020 is 50,137.

The above figure includes 9,356 students that attended the bootcamps in person, 15,619 online students, and 25,162 corporate training graduates.

Compared to the year before, the number of online students has increased by 306% from 3,849. However, the number of in-person students has dropped by 34% from 9,356.

(Course Report)

2. Between 2013 and 2020, the coding bootcamp industry has grown more than tenfold.

In 2013 there were only 2,178 coding bootcamp graduates. Since then, the number has increased every year, with 2018 being the only exception, when it dropped by 761 students.

Excluding corporate training graduates 18,027 students completed their coding bootcamp studies in 2019, while their number grew by 39%, to 24,975 the following year.

(Course Report)

3. The average cost of coding bootcamps is $14,142 per student.

The largest portion, or 42% of coding bootcamp tuitions, cost between $10,000 and $14,999, and 37% cost $15,000 or more. 16% of bootcamps fall in the $5,000–$9,999 price range, while only 3% cost less than $5,000. Another 3% are free.

According to these tuition prices and the estimated number of bootcampers, the total coding bootcamp market size is estimated to be $349 million (or $349,426,408 to be exact)

(Course Report)

4. The largest portion, or 33% of coding bootcamp students, pay for their tuition themselves, without getting a loan.

On the other hand, 23% get an external loan to cover the costs of their coding bootcamp.

Another 16% of students pay their tuition with the help of school financing, and 12% rely on their families to cover the costs.

10% use scholarships, while 6% use their GI bill benefits to enroll in a coding bootcamp. Only 1% of students have their tuition costs covered by their employer.

(Course Report)

5. Climb Credit is the most popular coding bootcamp lender, with 29% of students getting their loans from it.

Other popular lenders include Skills Fund, which give out loans to 23% of students, and Sallie Mae, which help 19% of students cover their tuition costs through an external loan.

(Course Report)

6. There are 44 coding bootcamps in the greater New York City area, more than anywhere in the US.

The San Francisco Bay area is in second place with 31 bootcamps, while the greater Los Angeles area is a close third with 30.

Other metropolitan areas with a large number of bootcamps include Chicago with 22, Austin with 17, Seattle with 15, and Denver with 14 institutions. Boston, Washington, and Atlanta each have 13 coding bootcamps.

(Career Karma)

Coding Bootcamp Demographics Statistics

7. The average age of a coding bootcamp student is 31.

The stats also show that the median age of bootcampers is 30.

What is interesting is that both the average and the median age of bootcamp students have not changed and have remained 31 and 30 respectively, for three consecutive years between 2018 and 2020.

(Course Report)

8. Women account for 35% of all graduates since the inception of coding bootcamps.

That is a notably higher percentage than women with traditional computer science degrees, which is 21%. Their share becomes even higher if we look at the numbers for 2020 only when they accounted for 41% of the graduates.

Women also have a slightly higher post-bootcamp employment rate than men, with 88% of them landing jobs, in comparison to the 86% of male graduates.

(Course Report)

9. More than two-thirds (69%) of coding bootcamp graduates, are white.

The latest available data reveals that Asians account for 17%, Hispanics for 8%, and African Americans for 6% of coding bootcamp graduates. The share of Native American graduates is only 2%.

These stats show a very strong overrepresentation of Asian graduates, since their share of the US population is much lower, at 5%.

At the same time, African Americans are underrepresented, since they account for 13% of the US population, according to the 2010 census.

(Course Report)

10. 77.9% of coding bootcamp graduates are US citizens, born in the US.

The latest available data points to another 7.4% being US citizens that were born outside of the US and 14.7% that are not US citizens. Additionally, only 8% of grads had served in the military.

(Course Report)

Coding Bootcamp Courses Statistics

11. 90.3% of the coding bootcamp students take full-stack courses.

The two far less popular options are the more specialized courses in mobile development, the choice of 5.6% and front-end development chosen by 4.1% of bootcampers.

(Course Report)

12. JavaScript is the primary full-stack web development language taught at 50.3% of coding bootcamps.

Python is the preferred language for 15.3% of bootcamps, while .NET/C# is taught at 14.1%. Ruby on Rails is another popular option, preferred by 12.4% of bootcamps, and Java is the primary language for 6.8%. PHP is taught in only 1.1% of coding bootcamp courses.

(Course Report)\

13. 54.5% of the coding bootcamp mobile development courses are taught with iOS: Swift.

The language is slowly pushing out its predecessor, iOS: Objective-C, which accounts for only 18.2% of the courses taught at coding bootcamps. Android/Java courses, on the other hand, are taught at 27.3% of coding bootcamps.

(Course Report)

14. 79% of coding bootcamp graduates say that the skills they learned at bootcamp are useful in their new jobs.

They also rate their bootcamps highly, with an 8.76/10 satisfaction rating. They further claim their salaries have increased by 56% after graduating.

The average yearly salary for coding bootcamp graduates is $69,079.

(Course Report)

15. 38% of students choose their coding bootcamp institution based on the alumni outcomes.

Other important factors for selecting the right bootcamp according to 19% of the students are the instructors, and the curriculum, which is the primary reason for 17%.

The facilities of the bootcamp are the most important reason to choose a bootcamp for only 2% of the students.

(Course Report)

16. 6,776 LinkedIn users reported attending the General Assembly coding bootcamp on their accounts in 2020.

This was the coding bootcamp with the largest number of students according to the number of LinkedIn accounts reporting it.

Flatiron School was in second place with 3,347 users, and Springboard came third with 3,170.

Other bootcamps popular on LinkedIn included Lambda School with 2,935, Ironhack with 2,619 and BrainStation with 2,597 students.

(Career Karma)

17. 84% of coding bootcamps transitioned to fully online courses because of the Covid-19 pandemic.

Lockdowns didn’t change much for 12% of coding bootcamps, as they already provided remote learning before the pandemic.

Just 4% of the institutions did not migrate to online courses completely and either held hybrid classrooms or paused the enrollment.

(Course Report)

18. The shift to remote learning changed programs’ length for 89% of coding bootcamps.

This transition also increased the demand for courses according to 47% of them. However, it did not change their acceptance rate too drastically, as 71% of bootcamps stated it remained the same as before the pandemic.

While 54% of bootcamps said they did not see any attrition, the success rate of job placement has lowered for 59% of them due to Covid-19.

(Course Report)

Coding Bootcamp Student Background Statistics

19. 56% of attendees say they tried learning to code by themselves before joining their coding bootcamps.

This group of people is also the one with the largest number of graduates with 49%. Complete beginners accounted for 39% of coding bootcamp attendees, but 47% of graduates.

Only 5% of coding bootcampers say they were experienced programmers prior to their course, accounting for 4% of all coding bootcamp graduates.

(Course Report)

20. 25% of coding bootcamp graduates were unemployed before starting their course.

The latest available data reveals that most of the students, or 50% of them, were employed full-time before joining their bootcamps.

Students, freelancers, and part-time employees each accounted for 6% of the share. Another 5% of bootcampers are self-employed, and just 1% are homemakers.

(Course Report)

21. 74% of coding bootcamp students have a bachelor’s or a higher degree of education.

Coding bootcamp attendees who never went to college also report positive outcomes post bootcamp graduation, with a 77% salary increase to $62,000.

The statistics show that coding bootcamps gradually become more attractive to students who have never gone to college. In 2017 they accounted for 22%, while in 2020, their share grew to 26%.

(Course Report)

22. Only 2% of coding bootcamp graduates have a doctorate.

The latest available data reveals that the biggest portion of them, or 50%, have a bachelor’s degree, while 22% have a master’s degree of education.

Another 14% have a community college education, and 2% have a professional degree. Finally, 5% have an associate’s degree, and 6% are high school grads.

Interestingly, 0.2% of the bootcamp graduates don’t have a high school degree.

(Course Report)

23. Just 5% of coding bootcamp graduates have a computer science background.

Contrary to popular belief, coding bootcamps are not the most appealing to IT professionals but, instead, to people from the business and public administration fields. They account for 15% of coding bootcamp grads while engineers account for 7%.

Another 7% come from life science fields of study and finally, people with psychology, philosophy and sociology backgrounds for 6% of the grads.

(Course Report)

24. The largest portion, or 24% of the corporate training bootcampers, are financial service employees.

Coding bootcamp corporate programs are also popular with healthcare workers, who account for 12%, employees of the education sector, who account for 11% and retail workers, who account for 10% of the students.

Employees of the agriculture, forestry and mining, and hospitality, food and leisure travel industries together only account for 2% of the bootcampers.

(Course Report)

25. The main motivation for joining a coding bootcamp was getting a programming job for 91% of the students.

4% of the bootcampers said that they wanted to land a non-technical job, while 2% said that they wanted to start their own company.

Additionally, 1% joined a bootcamp to get a promotion at their current work, and another 1% wanted to become freelancers after their course.

(Course Report)

Coding Bootcamp Graduate Outcomes Statistics

26. Amazon is the top coding bootcamp graduate employer for 2021, with 729 graduates hired.

The statistics also show that Google hired the second-most bootcamp graduates, with 697, while Facebook hired 427. Microsoft employed 412, JP Morgan Chase & Co. 270, IBM 258, Apple 228, Accenture 227, and 212 grads got a job at Booz Allen Hamilton.

However, 310 coding bootcamp graduates decided to remain self-employed and work as freelancers.

(Career Karma)

27. The largest number of graduates, or 32%, started working as software engineers after completing their course.

11% of coding bootcamp students started working as front-end developers and another 11% as junior web developers after graduating from their respective bootcamps.

Only 8% landed a job as a junior software engineer, and the percentages for other job titles are even smaller and less significant.

(Course Report)

28. 367 of the graduates employed by Google were students of the General Assembly coding bootcamp.

Another 226 of the General Assembly coding bootcamp grads got a job at Amazon, 219 at Facebook, and 144 at Microsoft.

Another bootcamp with a large number of graduates hired by top employers is Hack Reactor, with 92 of them securing a job at Google, 69 at Facebook, and 43 at Amazon.

(Career Karma)

29. Students who were familiar with programming before coding bootcamp, earn about $3,000 more than complete beginners.

Similarly, students who took longer courses that lasted at least 16 weeks, earn about $8,000 more than those that graduated from eight-week-long bootcamps.

Moreover, military veterans make about $4,000 more than coding bootcamp students who never joined the military.

(Course Report)

30. 50% of coding bootcamp graduates shifted to remote work during the Covid-19 pandemic.

Only 25% of bootcampers stated that the pandemic had no impact on their professional lives. 10% said that they graduated during Covid-19 and were unable to find a job.

Other 9% were laid off permanently or temporarily, while 1% took a pay cut.

(Course Report)

Conclusion

We hope you enjoyed this journey together and learned some new things about coding bootcamps in the process.

As you can see, coding bootcamps are taking over the world. In fact, they are growing so fast that it is hard to keep track of all the new bootcamps and the people who are going to them.

This makes it important for us to continue tracking these statistics so we can see how they change over time and how they compare with other types of education.

We believe that a coding bootcamp is one of the best ways to break into a career in software development. The industry is growing, and there are so many opportunities for people who can build their own software.

If you have any questions about these stats or anything else related to learning code, please reach out to us. We’re always happy to help!

Thanks for reading!

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Sources

• Career Karma
• Course Report
• Course Report

Ready to learn about the world’s wealthiest people?

If you’re reading this, chances are that you’re looking for the latest statistics on billionaires. And there’s a good chance you’re feeling frustrated.

You’ve probably spent hours searching for the perfect data set, only to find that it’s either outdated or incomplete. Or maybe you’ve had to sort through a bunch of pointless information about the top 100 billionaires in order to find the ones who matter most to your industry.

But we’ve got good news! We’ve compiled a list of billionaire statistics that will give you everything you need—no more time wasted scrolling through search results or sifting through useless information.

We promise: one look at this list, and all of your money problems will be solved forever (or until the next time someone asks us for another list).

Billionaire Statistics – Editor’s Choice

Becoming a billionaire is the dream of millions of people. Yet, it becomes a reality only to a small percentage of the world population. Below, we handpicked the most impressive billionaire statistics just for you.

• There are 2,668 billionaires in the world.
• The odds of becoming a billionaire are 1 in 578,508.
• Americans, whites, and men have greater odds of becoming billionaires.
• Most women billionaires inherited their wealth.
• Higher education doesn’t guarantee a pass in the billionaire’s club.
• Elon Musk is the wealthiest person on the planet, with $219 billion.
• 19-year-old Kevin D. Lehmann is the youngest billionaire in the world, with $2.4 billion.
• The average time to become a billionaire is twenty years.
• People working in the mining and tech industries become billionaires the fastest.

If these intrigued you, we have many more interesting statistics and trends on billionaires in the article below. So, scroll down and get inspired!

Must-Know Billionaire Statistics

1. There are 2,668 billionaires in the world.

Billionaires are the wealthiest people in the world.

Per 2020 statistics, there were 2,095 billionaires globally. Their shared net worth was $8 trillion. By the end of 2021, their number increased by 600. Their shared net worth increased by $5 trillion.

In 2022, at the time of this writing, 493 individuals became billionaires, i.e., someone became a billionaire every 17 hours.

(Forbes)

2. The odds of becoming a billionaire are pretty terrible.

The chance of becoming a billionaire is approximately 1 in 578,508 (0.0001728584566%)

Americans have a greater possibility of becoming billionaires than people from elsewhere. Namely, there are around 500 billionaires in America.

In terms of race, there are more white billionaires than non-whites. Only 11 of the 2,043 billionaires are black people.

In terms of education, the situation is slightly surprising. Higher education isn’t necessarily linked with bigger wealth. In fact, 63 of the 400 billionaires by Forbes only have a high school diploma.

By contrast, the odds of getting struck by lightning are 1 in 15,300. So, it seems more likely to get struck by lightning than to become a billionaire. Ouch!

(Title Max)

3. Chances of becoming a billionaire by race and education.

Factors such as education and race influence the chance of becoming a billionaire. The likelihood of becoming a millionaire with a high school degree is the highest among Asians (6%) and the lowest among African Americans (1%).

Considering this, the chance of becoming a black billionaire is probably even lower. For those without a high school degree, the possibility of becoming a millionaire or billionaire, no matter the race, is close to 0%.

(Financial Samurai)

4. Tesla’s Elon Musk tops the list of the wealthiest people overall.

Elon Musk is the wealthiest person in the world. At the age of 50, Musk is worth $219 billion. The mastermind behind Tesla and SpaceX has been busy revolutionizing earth and space transportation, but also amassing his fortune.

In the second place, we have Jeff Bezos, an American entrepreneur best known as the founder of Amazon. His net worth is $171 billion.

The third richest billionaire is Bernard Arnault. He is head of the LVMH empire. This French business magnate boasts a net worth of $158 billion.

(Forbes)

5. The most interesting billionaire newcomers in 2022.

The year 2022 welcomed new members to the billionaires’ club. Here are some of them.

• Tang Xiao’ou from Hong Kong with a net worth of $5.7 billion. He’s the co-founder and executive director of SenseTime, an AI company.
• Falguni Nayar from India. She’s the founder and CEO of Nykaa, a beauty product retailer. Her net worth is $4.5 billion.
• The co-founder and CEO of design software maker Canva, 34-year-old Melanie Perkins from Australia, became a billionaire this year. She boasts a net worth of $6.5 billion.

(Forbes)

6. Billionaires by industry.

• Elon Musk is the wealthiest billionaire in the automotive industry, with a net worth of $219 billion.
• Pallonji Mistry made $15 billion in the construction and engineering industry and controls the Shapoorji Pallonji Group.
• Bloomberg LP’s co-founder Michael Bloomberg is the wealthiest in the media and entertainment industry, with an impressive net worth of $82 billion.
• Russian SPI Group owner Yuri Shefler is the wealthiest person in the food and beverage industry. His net worth is $1.5 billion.

(Forbes)

7. World’s wealthiest billionaires by year.

In 2001, Bill Gates was the wealthiest person in the world, with a net worth of $57 billion. He was the wealthiest person until 2007 when Warren Buffett took over with a wealth of $60 billion. Gates climbed to the top a year later, in 2008.

In 2009, Carlos Slim Helu became the wealthiest person in the world with a net worth of $51 billion. Helu maintained the status of the wealthiest person in the world until 2013 when Gates retook first place.

In 2017, Jeff Bezos became the wealthiest person on the planet, with more than $110 billion net worth. Bezos was the wealthiest person until 2021 when Elon Musk took over. His net worth is $219 billion.

It’s interesting to note how the world’s wealthiest person in 2001 was worth $57 billion, while two decades later the richest person boasts a fortune of nearly $220 billion.

(Forbes)

8. Wealthiest African Americans in the billionaire club.

African Americans are no longer “strangers” to the billionaires’ club. But their number is still lower than that of white billionaires. Certain African Americans are some of the wealthiest people on the planet.

1. Robert F. Smith is the 451^st wealthiest person globally and the richest African American, with a net worth of $6.7 billion.
2. David Steward comes second. He’s the 807^th wealthiest person in the world, with a net worth of $3.7 billion.
3. Media magnate Oprah Winfrey is the 1,174^th richest person in the world. She’s worth $2.7 billion.

(Forbes)

9. Education of billionaires.

A higher education degree doesn’t guarantee billions. Of the 400 wealthiest US residents, 63 have high school degrees only, which is more than 15%. Two of them are Mark Zuckerberg and Bill Gates.

From this list, there are 35 billionaires with a law degree, including Sumner Redstone and Penny Pritzker. Billionaires with a Master’s in Science are only 29, including Warren Buffet and Larry Page. Eric Schmidt and John Malone are among the 21 billionaires with PhDs. The number of billionaire MDs is only five.

(Forbes)

10. Average time necessary to become a billionaire.

The average time necessary to become a billionaire is two decades. Most billionaires in the world need between one and two decades to become billionaires. Some needed up to six decades.

Pierre Omidyar, the founder of eBay as well as Mark Zuckerberg, the co-founder of Facebook, needed only four years from the launch of their businesses to their first billion.

Reinhold Wuerth, a businessman and art collector from Germany, required the longest to become a billionaire, i.e., six decades.

(Forbes)

11. Average time needed to become a billionaire by industry.

Tech and mining tycoons make the first billion the fastest when compared to other industries. They needed between nine and ten years to reach a net worth of 10 figures.

In second place are the real estate and automotive sectors. The billionaires from these industries needed approximately 16 and 20 years (respectively) to make a billion.

Manufacturing billionaires needed the longest to become billionaires, i.e., 33 years.

(Forbes)

12. People who became billionaires the fastest.

Some of the wealthiest people in the world needed less time than other billionaires to amass their wealth.

Mark Zuckerberg, who boasts a net worth of $97 billion and is Facebook’s co-founder, needed only four years to turn a dream into reality.

Tycoon and investor Elon Musk took a decade to become a billionaire. He’s now worth $219 billion and works in the automotive industry.

Reinhold Wurth, a German businessman, and collector of art took six decades to earn his first billion from manufacturing fasteners.

So, there are no rules in the world of billionaires. You just need to work hard, believe in yourself, and wait to hit that magical number.

(Forbes)

13. Billionaires in the entertainment industry.

Entertainment and billionaires are a great match. That’s why many of the world’s most popular celebrities boast multi-million and billion-dollar empires.

Let’s see some inspiring stories.

In 2021, film director Peter Jackson became a billionaire with a net worth of $1.5 billion. He welcomed his first billion after selling a part of his visual effects company to Unity Software.

Singer and beauty mogul Rihanna became a billionaire through her cosmetics and lingerie business, Fenty Beauty. She’s worth $1.7 billion.

American socialite and businesswoman Kim Kardashian became a billionaire in 2021, and she’s worth $1.8 billion. A large part of her fortune is from KKW Beauty stakes and from Skims.

(Forbes)

14. People who lost their billionaire status.

In 2022, 329 billionaires lost their billionaire statuses. This is the highest drop in billionaires since 2009.

Shalom Meckenzie was worth $1.7 billion but experienced a decline to less than $900 million due to a decrease in his stake value.

Vlad Tenev and Baiju Bhatt went from a net worth of $1 billion each to less than $800 million each.

The third place is reserved for RJ Scaringe, who went from being worth $3.4 billion to less than $700 million.

(Forbes)

15. John D. Rockefeller was the first billionaire in history.

John Davison Rockefeller Sr. was born on July 8, 1839. He was an American business magnate, industrialist, and philanthropist who founded the Standard Oil Company in 1870. He was also the founder of Rockefeller University, as well as the University of Chicago.

Rockefeller became an assistant bookkeeper at 16 years old and went into several business partnerships beginning at 20 years old.

His main focus was on oil refining. In 1870 he founded the Standard Oil Company and began buying up other companies, eventually controlling 90% of American oil production by the late 1870s.

John D. Rockefeller became the world’s first billionaire in 1916.

It might be hard to picture what $1 billion looked like at that time—maybe it’s easier to understand if we think about it in terms of today’s dollars: if Rockefeller had left that same fortune behind today, it would be worth more than $285 billion!

(Investopedia)

Billionaire Statistics by Gender

16. US billionaires by gender.

Throughout history, the wage gap and other factors like gender stereotypes made it harder for women to earn more than men. And this increased men’s chances of becoming billionaires.

Despite the evident improvements in women’s earning status today, the gender discrepancy is still present.

According to data from 2021, approximately 11.88% of all US billionaires are females and the remaining 88.12% of billionaires are men.

(Statista)

17. Francoise B. Meyers’ is the wealthiest woman in the world.

The granddaughter of L’Oreal founder, Francoise B. Meyers, is the wealthiest woman on Earth. She is the 14th richest person in the world, with a net worth of $74.8 billion.

The second richest woman is Alice Walton, the only daughter of Sam Walton, the founder of Walmart. This 72-year-old American is worth $65.3 billion and is the 18^th richest person in the world.

With a net worth of $60 billion, Julia Koch comes third. She became a billionaire after inheriting her late husband’s fortune. Koch is the 21^st richest person in the world.

(Forbes)

18. Diane Hendricks leads the way for self-made female billionaires in the US.

The top six self-made female billionaires share a net worth of $36.8 billion.

1. They are Diane Hendricks, (75-year-old) co-founder and chairman of ABC Supply with a net worth of $12.2 billion.
2. Judy Faulkner, computer programmer (78-year-old) founder and CEO of Epic Systems with a net worth of $6.7 billion.
3. Judy Love, (84-year-old) founder of Love’s Travel Stops & Country Stores with a fortune of $5.2 billion.
4. Johnelle Hunt (90-year-old), co-founder of J.B. Hunt Transport Services with a wealth of $4.3 billion
5. Marian Ilitch (89-year-old), co-founder of Little Caesars Pizza and owner of Detroit Red Wings and Motor City Casino Hotel with a net worth of $4.3 billion.
6. Thai Lee (63-year-old), CEO of SHI International with a wealth of $4.1 billion.

(Forbes)

19. Becoming a self-made billionaire takes a lifetime.

The figures above reveal another interesting trend among self-made women billionaires. Namely, the average age for becoming a self-made female billionaire is 79.

Hopefully, as times are changing and women are getting more opportunities than ever, the average age of becoming a woman billionaire will decrease.

(Forbes)

20. The wealthiest self-made women in the world.

There are only 327 female billionaires. Less than 4% of them are self-made. The others became billionaires through inheritance. Self-made female billionaires are worth $331 billion.

The richest is Fan Hongwei from China. She’s worth $18.2 billion and chairs Hengli Petrochemical, an oil refining, and chemical fiber company.

Rafaela Aponte from Switzerland is second with a net worth of $16.8 billion. She founded the Mediterranean Shipping Company with her husband, and it’s now the largest shipping line in the world.

Wu Yajun from China comes third. Her worth is $15.3 billion. She made her wealth from her real estate development company Longfor Properties.

(Forbes)

Billionaire Statistics by Country

21. The United States and China boast the biggest number of billionaires.

The US has the most billionaires, i.e., 735. Their shared worth is $4.7 trillion. China is the second country that boasts the highest number of billionaires. They have 539 of them, and they’re worth $1.96 trillion. India takes third place with 166 billionaires with a net worth of $750 billion.

For the first time, Bulgaria, Barbados, Uruguay, and Estonia have residents who are billionaires.

(Forbes)

22. The average time needed to become a billionaire differs by location.

Russians and the Chinese become billionaires the fastest. Approximately, they need 16 years to reach a fortune of $1 billion.

Billionaires in the US need an estimated time of 18 years to make a billion. Most billionaires in the US acquire billions by working in finance or tech.

Billionaires in Hong Kong and France need less than 30 years to become billionaires; 29 years and 24 years, respectively.

Germans need the longest period of time to become billionaires, i.e., 48 years.

(OLBG)

23. Notable billionaires by country.

Gina Rinehart is the wealthiest Australian, with a net worth of $30.2 billion. She made her wealth from working with iron ore.

Barbados has one billionaire, and this is singer and beauty mogul Rihanna. She made a fortune through her cosmetic line Fenty Beauty. Her estimated net worth is $1.7 billion.

In Russia, the wealthiest person is Vladimir Lisin, the chairman of NLMK Group, a manufacturer of steel products. His wealth is estimated at $18.4 billion.

(Forbes)

24. New York is the city with the most billionaires.

New York Is the city with the most billionaires, i.e., 107. Their net worth is more than $640 billion. The richest resident is Michael Bloomberg, with a net worth of $82 billion.

The second city with the most billionaires (83 of them) is Beijing. Their shared wealth is $310 billion. Their wealthiest resident is Zhang Yiming, with a net worth of $50 billion.

In third place comes the city with 68 billionaires, i.e., Hong Kong. Their shared net worth is $304.6 billion. Lee Shau Kee is Hong Kong’s richest resident boasting a wealth of $32.6 billion.

(Forbes)

25. European countries with the most billionaires in 2022.

Europe has 529 billionaires with a shared wealth of $12.7 trillion. Germany is the European country with the most billionaires.

Italy has 52 billionaire residents whose combined net worth is $194.5 billion. There are 134 of them, and their shared net worth is $608 billion.

Sweden is the home to 45 billionaire residents. They boast a shared wealth of $165.7 billion.

(Forbes)

26. The richest Europeans in 2022.

The ten richest Europeans have a shared wealth of $590 billion.

The wealthiest European is Bernard Arnault from France, whose net worth is $158 billion. He’s the chairman and CEO of LVMH.

The second richest person is also from France, and this is Francoise Bettencourt Meyers. She’s worth $74 billion. She’s the L’Oreal founder’s granddaughter and the wealthiest woman in the world.

The third richest European is Amancio Ortega from Spain. He boasts a net worth of $59 billion and is the co-founder of Inditex fashion group.

(Forbes)

Billionaire Statistics by Age

27. Kevin David Lehmann is the youngest billionaire in the world at 19.

The youngest of the youngest is 19-year-old Kevin David Lehmann, with a net worth of $2.4 billion. The only teen on the list inherited half stake in dm-drogerie markt, a drugstore chain.

The second youngest billionaire is 25-year-old Alexandra Andresen from Norway. She’s worth $1.3 billion and inherited part of their family investment company Ferd.

Worth $1.5 billion, 25-year-old Pedro Franceschi from Brazil is among the youngest billionaires. Together with Henrique Dubugrass, Franceschi dropped out of Stanford. They amassed a fortune through their corporate startup Brex.

It seems that becoming a billionaire in your 20s is possible only if you inherit a fortune or have a really good business idea.

(Forbes)

28. The youngest self-made billionaires.

Twelve individuals younger than 30 became billionaires in 2022. Together, they’re worth $25.8 billion. Four of them, younger than 30, are self-made newcomers.

The richest is 28-year-old Gary Wang, with a wealth of $4.5 billion. He’s the co-founder and CTO of FTX, a cryptocurrency exchange based in the Bahamas.

He’s joined by 27-year-old Ryan Breslow, whose net worth is $2 billion. He founded the payment software company Bolt and was its CEO until recently.

The other two are Franceschi and Dubugrass, founders of Brex, a startup for corporate credit cards. Each is worth $1.5 billion.

(Forbes)

29. The youngest female billionaires in the world.

Out of the twelve 2022 World’s Billionaires younger than 30, two are females, and they happen to be sisters.

One is 25-year-old Alexandra Andresen from Norway. She became a billionaire after inheriting a part of their family investment company. Her net worth is $1.3 billion. The other is Katharina Andresen. The 26-year-old inherited a part of the company as well, and so she’s also worth $1.3 billion.

(Forbes)

Conclusion

Congratulations on making it this far! 

So, what do these billionaire statistics tell us? Quite a lot, actually. They show that no matter your background or income level, it’s possible to achieve billionaire status if you’re willing to put in the hard work and take the right steps.

And they also suggest that there are basically two paths to becoming wealthy (other than inheriting it of course 😉): having an asset-based investing strategy or building a business empire.

So whatever your plans for achieving financial independence may be, make sure you keep these billionaire stats top of mind.

665 Investment Company Name Ideas To Up Your Profits

223 Money Lending Business Name Ideas to Get Rich

415 Holding Company Names For The Overachiever in You

Sources:

• Investopedia
• OLBG
• Title Max
• Financial Samurai
• Forbes
• Forbes
• Forbes
• Forbes
• Forbes
• Forbes
• Forbes
• Forbes
• Forbes
• Forbes
• Forbes
• Statista
• Forbes
• Forbes
• Forbes
• Forbes

Taco Bell is one of the most popular fast-food chains in the world. It’s also one of the most fascinating. But Taco Bell statistics can be hard to come by. That’s why we’ve compiled all of them here, so you’ll always have the information you need at your fingertips.

Some of these stats are just fun facts about Taco Bell that you might not know. Others are more serious: they’ll help you understand how this giant company makes its money.

And still, others can help you become a better consumer—because let’s be honest: Taco Bell isn’t perfect. But if you know what they’re doing right (and wrong), you can make sure your next trip through the drive-thru is as satisfying as possible!

Top Taco Bell Stats (Editor’s Pick)

• In 2021, total Taco Bell sales amounted to $13.28 billion.
• 94% of Taco Bell restaurants are owned and operated by independent franchisees
• Taco Bell’s most popular menu item is Crunchwrap Supreme.
• The initial Taco Bell franchise fee costs between $25,000 and $50,000.
• More than 210,000 people are employed at Taco Bell.
• Only 33% of Taco Bell’s employees would recommend working there.
• 33.3% of people describe Taco Bell’s drive-thru customer service as pleasant.
• There are 7,621 Taco Bell restaurants in the US.
• 75% of Taco Bell’s menu is under 500 calories.
• The original price of tacos in Taco Bell was 19 cents.

General Taco Bell Statistics – Sales, Industry, and Restaurants

1. In 2021, the sales of all Taco Bell restaurants totaled $13.28 billion.

(Source: Yum! Brands Annual Report)

Taco Bell’s total sales in 2021 were $13.28 billion, including both company-operated and franchise-operated outlets, a whopping 13% growth from the previous year wherein total sales were 11.75 billion USD. Out of this sum, $0.944 billion was from company-operated stores and $12.336 billion came from franchisee locations.

Furthermore, in 2021, Taco Bell reported a revenue of 2.238 billion USD. This is an increase of 10.2% from the previous year (2020) when it brought in 2.031 billion USD.

This is a staggering number for a company that started as a small taco shop in Downey, California. It’s hard to imagine that just over 60 years ago, there wasn’t even any such thing as “Taco Bell.” But thanks to founder Glen W. Bell, Jr.’s vision and drive, we now have one of the most recognizable fast-food chains on the planet.

Taco Bell’s success is due in large part to its ability to adapt to changing consumer preferences. By offering healthier options like their Cantina Bowls and their customizable salads, Taco Bell has managed to stay relevant by keeping up with customer needs—and this will continue as more people seek out healthier choices when dining out.

2. Taco Bell has 7,791 restaurants across the globe, 94% of them are owned by franchisees.

(Source: Yum! Brands Annual Report)

Taco Bell is the largest worldwide chain of Mexican-style cuisine quick-serve restaurants. It has been around for over 60 years and is a staple in many people’s lives.

The fast-food industry is a competitive one, but Taco Bell has managed to carve out a niche for itself by offering a unique experience and focusing on its customers’ needs.

In addition to their traditional fare, Taco Bell also offers a wide range of items that have become increasingly popular among customers. These include Cool Ranch Doritos Locos Tacos, Mountain Dew Baja Blast Freeze and the Quesalupa, which features cheese on both sides of the shell.

It’s no wonder that it continues to grow in popularity. Currently, Taco Bell has 7,791 restaurants in 31 countries, out of which 94% of them are owned by franchisees and the rest are company-operated.

3. The Crunchwrap Supreme is Taco Bell’s most popular menu item.

(The Waycroft)

The Crunchwrap Supreme is Taco Bell’s most popular item by Taco Bell, and it’s easy to see why. It’s a portable, hexagon-shaped serving of their signature crunchy, cheesy, melty goodness.

The Crunchwrap Supreme takes all the flavors that make Taco Bell so irresistible and wraps them in a tortilla for on-the-go eating.

So if you’re like us and love tacos but don’t have time to sit down for lunch or dinner—or if you just want something more portable than a burrito but still want that signature crunchy shell—give Taco Bell’s Crunchwrap Supreme a try today!

4. The initial Taco Bell franchise fee costs between $25,000 and $50,000.

(Nerd Wallet)

If you wish to open a Taco Bell franchise, prepare for significant expenses. Still, it’s interesting that over 90% of Taco Bell restaurants are actually independent franchisees.

Taco Bell stats suggest that the total cost of one franchise, in dollars, is between $1.2 million and $2.6 million before including prices for land and/or building leases.

5. The Taco Bell franchise network makes over $10 billion in sales every year.

(Nerd Wallet)

There are three types of Taco Bell franchises: traditional units, gas station units, and express units.

Thousands of such stores are already open, and statistics from 2020 reveal that their number increased by more than 10% in the previous three years and more than 3% in 2019 alone.

When staff training is in question, the on-the-job training lasts 400 hours, while classroom training lasts eight hours.

6. Taco Bell is ranked 143rd by its customers in the list of global top 1000 brands.

(Comparably)

Although Taco Bell is incredibly popular both in the US and globally, customers aren’t entirely satisfied with its services.

According to Comparably, Taco Bell has a negative social sentiment. If we compare it to McDonald’s, which is in the 85th place, we can conclude that McDonald’s is better both as a restaurant and as a workplace.

7. The Taco Bell happy hour lasts from 2 PM to 5 PM, seven days of the week.

(Taco Bell)

Taco Bell has had a happy hour (it’s actually called Happier Hour) for years now. Between 2 PM and 5 PM, you can get medium-sized freezes and drinks for just $1.

Apart from that, it’s possible to find all kinds of promotions, deals, and special offers during this time.

Nevertheless, Happier Hour deals are only available at participating locations.

8. In 2020, the average Taco Bell sales per unit amounted to $1.6 million.

(Statista)

Statista’s report points out that earning $1.6 million in sales per unit per year is Taco Bell’s record since 2006, and 2018 and 2020 are the only years when sales per unit were this much.

Conversely, the lowest average sales per unit per year were in 2007, when they were $1.15 million.

Also, Taco Bell statistics from the same report revealed that the sales gradually increased between 2007 and 2020.

Stats Regarding Taco Bell Employees and Working at Taco Bell

9. Taco Bell has over 200,000 people in its workforce.

(Taco Bell, Glassdoor)

Taco Bell has a large employee base, both in its company-owned stores and with its franchise restaurants with 40,000 people employed by company-owned stores and 170,000 working in franchise restaurants. The company has grown rapidly in recent years, and it’s no wonder that they’ve had to hire so many people.

One of the encouraging Taco Bell facts is that 67% of people who have been on a job interview for a job in Taco Bell have a positive experience, while only 14% have a negative experience. Most people (55%) applied for an interview online.

Currently, there are 70,000 Taco Bell job openings on Glassdoor.

10. 25 employees are recommended per each Taco Bell franchise.

(The Balance SMB, Glassdoor)

High costs aren’t the only issue when opening a Taco Bell franchise is in question. It’s important to note that many of them, according to some employee reviews, have staff shortage problems.

That’s why it’s a bad idea to think about opening a franchise if you don’t have between $1.2 million and $2.6 million (that’s the worth of the total investment) and aren’t sure that you can pay your employees fairly.

11. 33.3% of people think Taco Bell’s drive-thru customer service is pleasant.

(Statista)

One-third of Taco Bell customers describe Tayo Bell’s drive-thru customer service as pleasant, while 26.7% see it as very friendly. On the contrary, 30% would call it average and 10% lazy. Lastly, no consumers said Taco Bell’s drive-thru customer service is rude.

12. Only 33% of employees would recommend working at Taco Bell.

(Comparably)

One of the bad facts about Taco Bell is that its employees aren’t entirely satisfied with the work conditions and rate their coworkers a D+.

Half of the employees don’t recommend working at Taco Bell, but 39% admit to staying with the company due to comfort and familiarity.

Interestingly, 52% of Taco Bell employees are typically excited about going to work every day.

13. The average hourly wage of a food service worker at Taco Bell in the US is $13.80.

(Indeed)

According to Indeed’s estimations for the job positions in the US, general managers at Taco Bell earn $53,967 per year, while shift leaders make $31,030 per year.

In addition, restaurant managers earn $16.10 per hour, while kitchen team members are only paid $12.52 per hour.

Also, only 38% of employees claim they’re paid fairly at Taco Bell.

Taco Bell Demographics and Global Statistics

14. 7% of Hispanic survey respondents said the fast-food restaurant where they eat most frequently is Taco Bell.

(Statista)

As the data from Statista’s Taco Bell survey points out, Hispanic survey respondents were the most likely to say that Taco Bell is the quick-service restaurant they visit most frequently.

More precisely, 7% of Hispanic respondents said so. Still, the sample of Hispanic respondents was a bit higher, so that should also be considered. On the contrary, Asian Americans are definitely the least likely to visit Taco Bell (1%).

15. There’s not a single Taco Bell restaurant in Mexico.

(Vice, Seattle Times)

We have to agree that one of the most contradictory but interesting facts about Taco Bell is that Taco Bell is prevalent in so many countries, but not in the country where tacos were invented.

Moreover, the restaurants were closed less than two years after Taco Bell was launched in Mexico in 1992. There were a few more attempts to run Taco Bell restaurants in this country, but none of them was successful.

16. California has the biggest number of Taco Bell restaurants (860).

(ScrapeHero)

11% of all Taco Bell locations in the US are in California, where there are 860 restaurants. Texas is right after California with 681 locations, followed by Florida with 469 locations.

Texas and Florida account for 8% and 6% of all Taco Bell locations in the US, respectively. Some other states with a lot of Taco Bell restaurants are Ohio, Michigan, Illinois, North Carolina, and Georgia.

17. There are 7,621 Taco Bell restaurants in the US.

(ScrapeHero)

Taco Bell’s growth is noticeable primarily in the US, as there are 7,621 open restaurants in 51 states and territories.

On the other hand, some US states and territories with no Taco Bell locations are Puerto Rico, American Samoa, Guam, US Virgin Islands, and the Northern Mariana Islands.

18. The US City with the most Taco Bell restaurants is Houston, with 64 locations.

(ScrapeHero)

ScrapeHero’s data shows that there are 64 Taco Bell locations in Heuston alone.

Apart from that, other cities with a high number of Taco Bell restaurants are Las Vegas (43), San Antonio (43), Indianapolis (39), Miami (38), Phoenix (37), and Chicago (35).

19. Close to 168 million people see a Taco Bell commercial at least once per week.

(Latin Trends)

If you live in the US, you must have heard about Taco Bell. Apparently, half of the US population sees a Taco Bell commercial at least once per week.

Also, another Taco Bell fact worth mentioning is that this chain regularly updates its menu, so there’s always something new and interesting to try.

That’s why this company has stayed popular for so long.

20. Taco Bell has nearly 500 international restaurants in close to 30 countries around the world.

(Yum!)

Apart from the US, where 40 million customers are served per week, it’s possible to eat Taco Bell in close to 500 locations across the globe. Some countries with Taco Bell restaurants are Canada, India, Japan, Korea, Peru, Portugal, Sri Lanka, and Spain.

21. There are 29 Taco Bell franchises in the UK.

(This Is Money, Insider)

It’s interesting that Taco Bell tried to enter the UK market for the first time in the 1980s. However, Taco Bell stats show that there’s only one location in London and 29 in the whole country.

The future of Taco Bell in the UK isn’t really certain. Still, it seems that some Brits have fallen in love with this chain.

22. Roughly 25% of Taco Bell’s international footprint is stores opened in the last two years.

(CNBC)

Taco Bell has been accelerating its international presence in recent years. Consequently, about one-fourth of Taco Bell’s global footprint is restaurants opened in the last two years.

In addition, it opened its 100th restaurant in Spain this year and plans to open a total of 1,000 international restaurants soon, which is very optimistic.

23. Taco Bell’s target market is people aged 18 to 34.

(Quality Logo Products)

Taco Bell knows its target market well, changes its branding strategy often, and knows exactly how to reach this age group via social media.

Although Taco Bell isn’t a perfect company, it puts enough effort into getting closer to its target market and understanding its customers.

Important Taco Bell Facts and Stats Regarding Health

24. 75% of Taco Bell’s menu is under 500 calories.

(Taco Bell)

Taco Bell offers its most popular dishes in “fresco style,” replacing cheese, mayo-based causes, sour cream, and guac with fresh pico de gallo. That means that the same dishes contain a lot less fat and calories.

Its own calculator estimates Taco Bell calories, so customers don’t have to worry about an accidental intake of excess calories. For instance, one fresco-style Chicken Soft Taco has only 150 calories.

25. Taco Bell’s seasoned beef actually contains 88% of beef.

(Mashed, Jezebel)

Back in 2011, Taco Bell was sued by the Alabama Law firm due to the claims that Taco Bell’s beef contained only 36% of real beef meat. Apart from losing millions of dollars because of it, it had to reveal what its beef was made of.

Apparently, the Taco Bell percentage of meat stands at 88%. Not ideal, but still better than eating beef which is everything else besides meat.

26. Eating Taco Bell every day increases the chance of stroke, heart disease, and depression.

(Eat This)

Some well-known Taco Bell nutrition facts prove that you can eat incredibly cheap in this fast-food chain but that you definitely shouldn’t do it on a daily basis.

Processed meat worsens the symptoms of depression, while the lack of nutrients in Taco Bell’s food will leave you hungry and make you crave more food. Also, a lot of saturated fat can lead to stroke and heart disease.

27. It’s possible to make up to 1,000 vegetarian items during Taco Bell’s breakfast hours.

(Fast Company, Thrillist)

Since its ingredients are generally simple and it’s easy to combine them, Taco Bell is an excellent choice for vegetarians. Namely, it’s possible to make 1,000 vegetarian orders during breakfast hours with its 30 vegetarian ingredients.

Furthermore, Taco Bell’s collaboration with Beyond Meat is promising when plant-based meat options are in question.

Other Interesting Taco Bell Facts and Stats

28. The world’s most expensive Taco Bell order amounts to nearly $6,000.

(Entrepreneur)

One of the fun Taco Bell facts is that someone almost paid $5.555.49 for a chicken quesadilla with a tax price of $361.27.

That person was Kenzie Rae, who filmed the order and posted the video on Tiktok. It received 467,000 likes and was viewed more than 2.7 million times.

The drive-thru worker probably fixed the order so she didn’t have to pay for it.

29. The original price of a taco in Taco Bell was 19 cents.

(Mental Floss, Mel Magazine)

Paying 19 cents for a taco sounds impossible. Still, one of the weird taco bell facts is that you could really afford it for less than 20 cents.

Nonetheless, Taco Bell is relatively affordable even today.

The secret behind its affordability is that it uses more or less the same ingredients for all new inventions (and their core ingredients are very cheap).

30. Taco Bell’s fries were ordered 53 million times from January to April 2018.

(Business Insider)

Taco Bell’s idea to sell fries was excellent. They came out as a limited dish and were ordered 53 million times while they were available.

Luckily for all Taco Bell fries lovers, they were back on the menus in July 2018, again for a limited time.

The secret of Taco Bell’s fries lies in seasoning and cheese dipping instead of ketchup.

Related Questions (FAQ)

What is the healthiest food at Taco Bell?

Some of the healthiest options in Taco Bell are Burrito Supreme (Fresco Style), Chicken Soft Taco (Fresco Style), Bean Burrito, Veggie Power Menu Bowl, Cheesy Toasted Breakfast Burrito, Black Beans and Rice, Black Bean Crunchwrap Supreme (Fresco Style), and Grilled Steak Soft Taco (Fresco Style).

What race eats the most Taco Bell?

According to Statista’s survey, the race that stated that the fast-food restaurant where they eat most frequently is Taco Bell. More precisely, 7% of Hispanic people said so, along with 5% of African Americans, 4% of White Americans, and 1% of Asian Americans.

Is Mcdonald’s more popular than Taco Bell?

It’s difficult to say if Mcdonald’s is more popular. Still, Taco Bell’s brand is ranked 143rd in the list of the world’s top 1000 brands by its customers, while McDonald’s is ranked 85th by its customers.

Who is Taco Bell’s biggest competitor?

Some of Taco Bell’s serious competitors are Freshly, Luby’s, Del Taco, McDonald’s, Chipotle Mexic Grill, and Wendy’s Company.

Is the original Taco Bell still open?

The first Taco Bell ever opened called Numero Uno lives on, but the building was moved from its original address in Downey on a flatbed truck in 2015 and is now parked at Taco Bell’s headquarters.

Conclusion

In this article, we looked at Taco Bell statistics in order to learn more about the company and its consumers. From its menu items to its financial performance, we’ve covered it all!

As you can see, Taco Bell has grown a lot over the years. They’ve been able to do this by staying true to their roots and focusing on what made them successful in the first place: delicious food at affordable prices. Whether you want something spicy or sweet, crunchy or soft, Taco Bell has something for everyone.

Overall, it’s clear to see that Taco Bell is one of the most popular restaurants in the world — so don’t be surprised if you see it on your list of favorite places to eat next!

If you didn’t know it before, now you know: there are a lot of great reasons to be a fan of the Bell.

And if you are a fan? Well, we hope this has helped you learn more about your favorite fast food restaurant’s stats and that it has inspired you to get out there and enjoy them even more!

Thanks for reading! And don’t forget to share this post with your friends!

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Sources

• Business Insider
• CNBC
• Comparably
• Eat This
• Fast Company
• Entrepreneur
• Glassdoor
• Indeed
• Insider
• Jezebel
• Latin Trends
• Mashed
• Mental Floss
• Mel Magazine
• Nerd Wallet
• Quality Logo Products
• Statista
• Statista
• Statista
• Taco Bell
• Taco Bell
• The Balance SMB
• The Waycroft
• Seattle Times
• ScrapeHero
• This Is Money
• Thrillist
• Taco Bell
• Vice
• Yum!
• Yum! Annual Report