America’s richest people, ranked

A leading company focused on virtual transformation.

All net worth below comes from Bloomberg, unless otherwise stated.

Emmie Martin and Tanza Loudenback contributed to a past of this story.

Equity: $54.9 billion (according to Forbes estimates)

Age: 78

Country: U.S.

Business sector: Finance, Technology

Source of wealth: made to himself; Bloomberg LP

Year-over-year replacement in equity: readily available

Michael Bloomberg, a Democratic presidential candidate and former mayor of New York, gets most of his fortune from his monetary company, Bloomberg LP. In the 1990s, he expanded the company to shape Bloomberg News and TV.

His eponymous company lasts around $10 billion in annual profits and Bloomberg gets 88% of the company.

Bloomberg is quite generous with his wealth and is known for donating to social problems such as weapons and climate change. He donated more than $3 billion of his fortune in 2019.

Net worth: $57.5 billion

Age: 84

Country: U.S.

Industry: Diversified investments

Source of wealth: made to himself; Koch Industries

Year-over-year replacement value: $4.57 billion minimized in last year

Charles Koch is president and chief executive officer of the multifaceted conglomerate Koch Industries, the largest personal company in the United States. The company employs another 130,000 people and generates an estimated annual turnover of $110 billion through its holdings, which manufacture everything from petrochemicals and Dixie cuts to raw clothing fabrics.

Koch is frank in the world of conservative politics and public policy. Koch and his younger brother, David, have long been known as advocates for smaller government and fund political campaigns, although they took a step back in the 2016 election cycle.

The e-book “Dark Money: The Hidden History of Billionaires Behind the Rise of the Radical Right” revealed that Charles Koch’s plans to reshape American politics go back 40 years, when he began to devise strategies and expand a libertarian movement.

Net worth: $57.5 billion

Age: 57

Country: U.S.

Sector: industrial

Source of wealth: inheritance; Koch Industries

Year-over-year replacement value: $4.57 billion minimized in last year

Flesher Koch married David Koch, one of America’s richest men, for 23 years until his death in 2019. They met after having a blind date through a mutual friend.

According to Forbes estimates, its net worth is close to $45 billion. Katie Warren of Business Insider reported in the past that this discrepancy may simply be due to the difference in estimates of the amount of Koch left for her children, as well as differences in the net worth of Koch Industries.

Net worth: $57.8 billion

Age: 70

Country: U.S.

Sector: Retail

Source of wealth: inheritance; Walmart

Year-over-year replacement in value: $4.750 million more than last year

Alice Walton, daughter of the late Walmart founder Sam Walton, owns a significant percentage of the company’s fortune, making her the richest woman in the world. Although he has never played an active role in managing the hypermarket like his siblings, he aims to crack the repression of Walmart’s minimum-wage workers who see their way of life as insensitive to workers’ difficulties.

Walton patrons of the arts. His vast non-public collection includes pieces by Andy Warhol, Norman Rockwell and Georgia O’Keefe. In 2011, he opened the $50 million Crystal Bridges Museum in Arkansas, where several of his most notable paintings are on display.

In 2015, Walton donated $3.7 million of his Shares in Walmart to the family’s nonprofit and put his Texas ranches, one a horse ranch in operation, the other a sumptuous vacation spot, on the market totaling $48 million.

Net worth: $58.4 billion

Age: 72

Country: U.S.

Sector: Retail

Source of wealth: inheritance; Walmart

Year-over-year replacement in value: $4.33 billion more than last year

James “Jim” Walton’s parents, Helen and Sam Walton, bought a majority stake in Bank of Bentonville of Arkansas the year before the opening of the first Walmart store in Rogers, Arkansas, in 1962. In five years, the circle of relatives owned 24 of the retail stores. and in 1972, Walmart listed on the New York Stock Exchange. In 1975, after working at Walmart’s genuine real estate branch for a few years, Jim joined his parents’ bank, which was later renamed Arvest Bank Group. He is now president and chief executive of the regional network bank, which has $15 billion in assets. Over the next year, Walton’s has surpassed $2.7 billion.

The entrepreneur is a director of Walton Enterprises, the walton family holding company, and president of Community Publishers, an Arkansas-based newspaper company. After the death of his brother John in 2005, Jim joined the Board of Walmart, where he is now a director.

While America’s richest family circle remains private, the Walton Family Foundation, of which Jim is secretary and treasurer, has donated millions to charity. In December 2015, Jim and his brothers donated $407 million in Walmart shares to a newly created Waltons philanthropy that he accepts as true with that budget, focusing on education, culture, network progression, and social causes.

In July 2019, Walton donated $1.2 billion in shares.

Net worth: $58.6 billion

Age: 75

Country: U.S.

Sector: Retail

Source of wealth: inheritance; Walmart

Year-over-year replacement in value: $4.37 billion more than last year

Samuel Robson “Rob” Walton is the eldest son of Walmart founder Sam Walton. He began working at the retail giant in 1969, served as senior vice president to suggest general and then as president, a position he resigned in June 2015 after 23 years of work. His eler has been appointed successor.

In July 2019, Walton donated 135,000 shares, $15 million to an anonymous recipient.

Regulatory filings on New Year’s Eve 2016 revealed that Walton and his brother donated 1.5 million shares in Walmart to the Walton Family Holdings Trust’s circle of family charities, while Sister Alice donated 3.7 million shares, to a general circle of family donations of $407 million. . It’s an incredible amount, but it’s also, in spite of everything, a drop in the bucket for the Waltons.

Net worth: $60.8 billion

Age: 50

Country: U.S.

Industry: Technology

Source of wealth: made to himself; Amazon

Year-over-year replacement value: $23.7 billion more than last year

MacKenzie Scott, a Princeton graduate, a former assistant to prominent American essayist Toni Morrison, holds a 4% stake in Amazon e-commerce.

Scott married Jeff Bezos for more than 25 years before divorcing in 2019. She won her involvement in Amazon as part of the divorce settlement.

Jonah Bromwich and Alexandra Alter wrote for the New York Times that Scott “Amazon’s first accountant and concerned about his transformation from a small online bookseller to the e-commerce giant he is today.”

On July 28, Scott donated $1.7 billion to more than a hundred organizations dealing with other social problems. He got all the cash back in a few days.

Net worth: $64 billion

Age: 75

Country: U.S.

Industry: Technology

Source of wealth: made to himself; Oracle

Year-over-year replacement in value: $5.18 billion more than last year

In 1977, Larry Ellison teamed up with two colleagues from an electronics company to start his own programming company, which won a contract soon after to build a relational database control formula for the CIA under Oracle’s allocation code. The allocation now has what is now called Oracle Corp., lately valued at $170.31 billion. In 2010, Ellison reduced his annual salary from $1 million to $1, but still receives more than $60 million in full reimbursement through beneficiary inventory allocations. Ellison resigned as CEO in 2014 after 38 years of work and took over as Chief Technology Officer.

The tech mogul is also a beneficial philanthropist through partnerships with conservation teams and the Lawrence Ellison Foundation, which supports organizations seeking aging and global infectious diseases. He is also a Member of The Pledge of Bill Gates and Warren Buffett, pledging to donate at least part of his fortune.

Net worth: $69.9 billion

Age: 46

Country: U.S.

Industry: Technology

Source of wealth: made to himself; Google

Year-over-year replacement in value: $7.20 billion more than last year

The restructuring allowed Brin to explore new “moonshot” creative projects and ideas. With the most productive skill and abundance of resources at his disposal, Alphabet has already made automated homes and self-driving cars a reality.

Brin, who emigrated from Moscow to the United States as a child, joined Page in 1995 at Stanford, where they pursued a phD. Three years later, they founded Google, now one of the toughest corporations on the planet.

Net worth: $72.1 billion

Age: 47

Country: U.S.

Industry: Technology

Source of wealth: made to himself; Google

Year-over-year replacement value: $7.49 billion more than last year

As a PhD student at Stanford in 1998, Larry Page teamed up with his classmate Sergey Brin to create BackRub, one of the first search engines. The assignment eventually became Google. In January 2020, Alphabet, Google’s parent company, valued at $1 billion, the third-generation company to achieve that prestige after Apple and Amazon.

Page oversaw major adjustments to Google’s business design in 2015, with the creation of Alphabet, the corporate holding company that manages Google and all of its related companies, adding Nest, Calico, and Google X. Previously, Google’s leading executive, Page, has risen to the helm of Alphabet, who takes care of everything from home automation to autonomous cars and the extension of human life.

Page does not make many eye-catching purchases, however, the advocate of the energies of choice owns an ecological mansion in Palo Alto that uses geothermal energy and rainwater capture. He is also a kitesurfing enthusiast.

Net worth: $73 billion

Age: 49

Country: U.S.

Industry: Technology

Year-over-year replacement in value: $45.4 billion more than last year

Before being recognized as Tesla’s eye-catching CEO, Musk devoted himself to several businesses, from game design to nightclub control in a fraternity. Musk graduated in physics and economics from the University of Pennsylvania and studied at Stanford University for a doctorate earlier even though it all gave up.

Musk is known for holding positions of responsibility at electric vehicle company Tesla and aerospace company SpaceX, valued at $277 billion and $36 billion, respectively.

In August 2020, SpaceX effectively conducted a verification flight for a prototype rocket for its mission to Mars. “Mars looks real,” Musk tweeted a short time later.

Musk is a component of The Giving Pledge, a nonprofit made up of some of the world’s richest people who devote a significant portion of their wealth to charity. He also runs the Musk Foundation, through which he has donated to synthetic intelligence research, advocacy groups, schools he attended through his youth and art projects at the Burning Man festival.

Net worth: $75.3 billion

Age: 64

Country: U.S.

Industry: Technology

Source of wealth: made to himself; Microsoft

Year-over-year replacement in value: $17.2 billion more than last year

Steve Ballmer left Stanford Business School in 1980 to enroll in Microsoft, a Friend of Harvard, Bill Gates, as the company’s first sales manager, earning a salary of $50,000 and a stake in the company. During his tenure, Ballmer held positions as vice president of marketing, vice president of systems software, and executive vice president of sales and support, and was known as the “man of numbers.”

He became CEO of the company in 2000 after Gates’ resignation, and remained at the pace of the software giant until Satya Nadella replaced him in 2014. While leading Microsoft, the company’s revenue increased by 294% and profits by 181%, although its share the market was surpassed by Google and Apple in the same period. However, Ballmer’s first involvement in the company made him immensely wealthy.

After resigning as CEO, Ballmer fulfilled his dream of an NBA franchise, paying $2 billion in a deal to buy the Los Angeles Clippers.

Ballmer leads the Ballmer Group with his wife, Connie. The organization works for Americans and economically disadvantaged families in the United States.

Net worth: $80.7 billion

Age: 89

Country: U.S.

Industry: Diversified investments

Source of wealth: made to himself; Berkshire Hathaway

Year-over-year replacement value: $8.61 billion down from last year

Berkshire Hathaway CEO Warren Buffett began his prodigious career as an investor at an early age. As a child, he delivered newspapers on his bicycle and, at age 11, the Nebraska local bought his first inventory inventory inventory, Cities Service Preferred at $38, and sold them for a profit of $5.

He was rejected from Harvard Business School, so Buffett went to Columbia Business School and learned under the direction of iconic price investor Benjamin Graham, who would mentor the budding financier. Buffett worked as a securities analyst in the early 1950s before setting up his own investment firm. He bought the Berkshire Hathaway textile company in 1969, turning it into a corporate holding company that would spaey the many lucrative investments that helped build his big fortune and earn the nickname “The Omaha Oracle.”

The diversity of portfolio and investment companies that have done so would possibly seem random: it has opted for corporations such as Coca-Cola, American Express, Geico, Fruit of the Loom, Dairy Queen and General Motors, but all generate cash. Machines. that offer long-term value.

A frugal guy with a penchant for junk food, perhaps the most impressive component of Buffett’s $60 billion fortune is that it doesn’t come with the $37 billion he’s already donated.

He is a friend of Microsoft co-founder Bill Gates, with whom he collaborated to create Giving Pledge, a promise for billionaires to give at least part of their wealth to charity.

Net worth: $98.5 billion

36 years old

Country: U.S.

Industry: Technology

Source of wealth: made to himself; Facebook

Year-over-year replacement in value: $20.1 billion more than last year

In 2004, Mark Zuckerberg, then a 19-year-old sophoise at Harvard, presented TheFacebook.com, a rudimentary edition of the now ubiquitous social media paintings called Facebook. Zuckerberg dropped out of school to devote himself to painting full-time as ceo of Facebook, and his popularity exploded. The 36-year-old Zuckerberg is one of the 50 richest people in the world.

In December 2015, Zuckerberg and his wife, Priscilla Chan, pledged to deliver 99% of their wealth through an organization called the Chan Zuckerberg Initiative, although some critics noted that the organization was not a non-profit charity in itself and discovered the misleading announcement.

The couple also donated $25 million in the fight against Ebola in 2015, and donated $100 million in Facebook moves to a public school formula in New Jersey.

Net worth: $121 billion

Age: 64

Country: U.S.

Industry: Technology

Source of wealth: made to himself; Microsoft

Year-over-year replacement value: $8.28 billion more than last year

At just 20 years old, Bill Gates co-founded Microsoft with his training year friend Paul Allen. A few months before his 31st birthday, the company became public, making Gates a billionaire. He was executive director of the software titan until 2000 and its president and largest shareholder until 2014. Although he is still on the company’s board of directors, Gates is no longer actively interested in Microsoft.

Gates is not only one of the richest people in the world, but she is also one of the most generous. Since 1999, Gates and his wife have been the director of the Bill & Melinda Gates Foundation, one of the toughest charities in the world. The base, which controls an endowment of more than $46 billion, aims to lift millions of others out of poverty, with a strong focus on getting rid of HIV, malaria and other infectious diseases.

The Gates Foundation recently partnered with the Indian Biomedical Corporate Serum Institute to produce cheap coronavirus vaccines. In early spring, the foundation, along with Mastercard and Wellcome, committed $125 million to combat the epidemic.

Gates is a co-founder of The Giving Pledge, which he presented in 2010 with his friend and billionaire colleague Warren Buffett, promising to donate 50% or more of his fortune. The Giving Pledge now has Mark Zuckerberg and Elon Musk among its 204 members.

Net worth: $187 billion

Age: 56

Country: U.S.

Industry: Technology

Source of wealth: made to himself; Amazon

Year-over-year replacement in value: $71.9 billion more than last year

Jeff Bezos made his fortune introducing e-commerce into the world. After spending time in finance on Wall Street, Bezos founded Amazon in the garage of his Seattle home in 1994 and operated it exclusively as an online e-book retailer. The company became public three years later and has since grown to offer everything from furniture to food to electronics to Amazon customers.

Bezos also has outdoor interests on Amazon, adding investments in its personal corporate blue Origin area, which effectively introduced its first areacraft in 2015, and the Washington Post, the newspaper it bought in 2013.

Leave a Comment

Your email address will not be published. Required fields are marked *