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Forbes’ annual list of the 400 Wealthiest Americans is out and techies make a strong showing yet again.
Forbes’ annual list of the 400 Wealthiest Americans is out and techies make a strong showing yet again. The big names on the list are no surprise, like Bill Gates and Larry Ellison. But acquisitions of viral apps (like WhatsApp) and initial public offerings of fast-growing companies (like GoPro) are giving some new faces some deep pockets.
Bill Gates, $81B
Bill Gates is not only the richest techie, but for the 21st straight year the Microsoft founder and former CEO is also the richest American. His fortune has ballooned from $76 billion in March when Forbes anointed him as the wealthiest man in the world.
Larry Ellison, $50B
A familiar face on the list of richest Americans, the founder and now CTO of Oracle is third overall on the list of richest Americans with only Warren Buffet sitting between him and Gates.
Mark Zuckerberg, $34B
Zuckerberg’s fortunes continue to rise, just as his company’s stock does as well. Ever since Facebook’s initial public offering in 2012 Zuckerberg has been rubbing elbows with the big wigs of the tech industry. His net worth has grown from $28.5 million in March.
Larry Page, $31.5B
The dynamic duo of Larry Page and Sergey Brin has actually dropped somewhat since March, but at $31.5 billion the Google founder and CEO is still doing fine.
Sergey Brin, $31B
Brin now oversees special projects at Google.
Jeff Bezos, $30.5B
The king of ecommerce - and more recently the cloud - is the 15th wealthiest person in America.
Steve Ballmer, $22.5B
Now that Ballmer is no longer running Microsoft, he’s put his efforts toward new ventures, like owning the LA Clippers basketball team.
Michael Dell, $17.7B
A returning member of the list, Dell remains one of the wealthiest people in America even though his company is no longer publicly traded.
Paul Allen, $17.1B
Initially Allen made his fame as the co-founder of Microsoft, but more recently Allen has taken to owning Superbowl champion football team the Seattle Seahawks.
Charles Ergen, $16.9B
Ergen founded what is now Dish Network in 1980.
Lauren Powell Jobs, $16.4B
The widow of Steve Jobs is an activist and philanthropist.
Eric Schmidt, $9.4B
Schmidt is the executive chairman of Google and the author of the new book “How Google Works.”
Pierre Omidyar, $8.3B
Omidyar is the founder and chairman of eBay, but since becoming a billionaire at age 30 has taken to becoming an international philanthropist.
Dustin Moskovitz, $8.2B
While CEO Zuckerberg has earned the most from Facebook, a number of the disciples have done well for themselves too, including Moskovitz, who co-founded the company and still holds a minoritystake in it. He left the company in 2008.
Jan Koum, $7.8B
One of the new names on the list, Koum is the co-founder and CEO of WhatsApp, a mobile messaging platform that Facebook bought for $19 billion earlier this year.
James Goodnight, $7.5B
Goodnight is the co-founder of analytics company SAS Institute.
Gordon Moore, $7B
The man credited with creating the idea of Moore’s Law (which stipulates that computer processing speed will double about every two years) is a co-founder of Intel.
David Duffield, $6.6B
Duffield made his initial billions by selling the first company he co-founded, Peoplesoft before it was sold to Oracle in 2005. Since then he co-founded Workday, a major cloud-based service for financial management.
Nicholas Woodman, $5B
Yet another new face on the list, Woodman is the founder of the GoPro camera, which held an IPO in June and the company’s stock price has nearly tripled since then.
David Sun, $4.7B
Sun is co-founder of flash memory company Kington Technology Corporation, which he founded in 1987 with John Tu, who also has an estimated wealth of $4.7 billion. The company made $6 billion in revenue in 2013.
Emerging Leaders 2018