Bill Gates wealthiest living US entrepreneur

Tags: News
Microsoft founder Bill Gates is the wealthiest living US entrepreneur, with an estimated net worth of $80.2 billion, according to Wealth-X. The list of 10 billionaires was dominated by ‘technopreneurs’ as six of them made their fortunes from technology or technology-related businesses, including Gates, Larry Ellison of Oracle and Facebook founder Mark Zuckerberg.

The 10 entrepreneurs are collectively worth $407.4 billion, accounting for about 20 per cent of the total ultra-rich wealth in America, according to Wealth-X, the global wealth intelligence and prospecting firm headquartered in Singapore.

The combined market capitalisation of the 10 individuals’ primary companies is $1.7 trillion, which means they have created wea-lth that’s four tim­es what they themselves are worth.

Warren Buffett, who at 83 is also the oldest person on the list, was ranked second with an estimated wealth of $64.2 billion.

Buffett was followed by Ellison of Oracle with a net worth of $48.2 billion and businessman and Bloomberg founder Michael Bloomberg with $33.7 billion.

Sheldon Adelson, chairman and chief executive officer of the Las Vegas Sands Corporation, was ranked fifth with a net worth of $32.8 billion, while Google’s Larry Page was placed sixth with a net worth of $31.3 billion.

Zuckerberg, 30, is the youngest person on the list and was placed seventh with a net worth of $30.9 billion, followed by Jeff Bezos, founder and CEO of Amazon.Com (eighth, $30.5 billion); Google’s Sergey Brin (ninth, $30.1 billion) and Carl Icahn (10th, $25.5 billion).

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Changes to FDI investment norms for housing look cosmetic

    The policy measures announced on Wednesday for facilitating greater participation of foreign direct investment (FDI) in the real estate sector do not

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Varun Dutt

Energy conservation through feedback

In households across the world, people use electric energy not ...

Zehra Naqvi

Rememberance and forgetting are crucial

Memories are so vital to our lives that they can ...

Dharmendra Khandal

Sandalwood may get extinct if not protected

When we talk of sandalwood, the most common usage that ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture