5 Billionaires Who Made Their Fortunes Outside of Banking

NEW YORK (TheStreet) -- JPMorgan Chase (JPM) CEO, Jamie Dimon recently hit the billionaire mark, according to Bloomberg's Index, but he's the only current banking CEO on the list. Moral: It gets lonely at the top.

Dimon's solo status indicates that despite public criticism about overpaid bankers, executives at the very top of the profession aren't as well compensated as some of their non-finance peers, according to Bloomberg. Warren Buffett takes the top spot in the information company's finance category at No. 3, and the next financier to appear on the list is hedge fund giant George Soros at No. 24. Meanwhile, the tech world has snagged six of the spots between the two men.

Buffett and Soros, of course, aren't bankers in the traditional sense. In fact, outside of Dimon's mentor, Sandy Weill, former CEO of Citigroup (C), there are no other true "banking" chiefs on Bloomberg's list. 

"There is a strong belief among legislators, regulators and the press that bank managers should not make very much money," Rafferty Capital Markets analyst Richard Bove wrote in his 2013 book, Guardians of Prosperity: Why America Needs Big Banks. "In fact, relative to other people in other industries, they do not. The combined income of the CEOs of the nation's four largest banks in 2011 was less than the combined income of the four infielders of the New York Yankees. (Bank CEOs: $63.3 million; Yankee infielders: $79.9 million.)"

While Lloyd Blankfein of Goldman Sachs (GS), John Stumpf of Wells Fargo (WFC) and James Gorman of Morgan Stanley (MS) all make the AFL-CIO's list of the highest-paid CEOS in 2014, they're closer to the bottom than the top. The best paid of all the executives on the list was David Zaslav of Discovery Communications, whose compensation totaled $156 million.

Following is a look at the top billionaires by industry, based on Bloomberg's ranking, which calculates net worth daily based on holdings in publicly traded companies:

Leonard Lauder

Bloomberg Rank: 116
Estimated Net Worth: $11 billion
Role: Chairman Emeritus, Estee Lauder (EL)
Industry: Manufacturing
Background: Estee Lauder is the world's second-largest cosmetics manufacturer, with revenue of $11 billion in 2014. Lauder joined the business founded by his mother, a Queens, N.Y., native, in 1958, when it had annual sales of $800,000, according to its website. He became president in 1972, according to Bloomberg. In addition to the Estee Lauder brand, the company owns Clinique, Bobbi Brown, M.A.C. and Aveda. Lauder is known for his philanthropy: He donated his collection of Cubist art to the Metropolitan Museum of Art in 2014 and his first wife, Evelyn, was a co-creator of the pink ribbon symbol for breast cancer awareness, according to Bloomberg. Four years after her death in 2011, Lauder remarried: He and Judy Glickman, a philanthropist and photographer, were wed in January.

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