The riches of the top wealthiest Americans combined is more than the combined wealth of half the people in the world! The following article lists the ten richest people in America, along with their net worth.
10. Michael Bloomberg
This former NYC mayor and co-founder and CEO of Bloomberg L.P. has a net worth of $51.8 billion, making him the 10th richest person in the United States. Michael Bloomberg got his start on Wall Street with an entry level job at Salomon Brothers, an investment bank.
FUN FACT: Bloomberg announced last week that he was considering a run for president… of the United States, that is. Bloomberg also announced he was re-registering as a Democrat after being both a Republican and an Independent in recent years. He had this to say on Instagram: “At key points in U.S. history, one of the two parties has served as a bulwark against those who threaten our Constitution. Two years ago at the Democratic Convention, I warned of those threats. Today, I have re-registered as a Democrat – I had been a member for most of my life – because we need Democrats to provide the checks and balance our nation so badly needs.”
9. Sergey Brin
Sergey Brin is one of the co-founders of Google. He became the president of Google’s parent company, Alphabet, in 2015. Brin has a net worth of $52.4 billion.
-Brin co-founded Google in 1998 with Larry Page, a fellow Stanford University student.
-Brin become Google’s president of technology in 2001.
-Brin is a Jewish immigrant who was born in the Soviet Union. He and his family came to the United States to escape anti-Semitism when he was just six years old.
8. and 7. The Koch Brothers
Running neck and neck for the number eight spot on the list is Charles and David Koch, both with a net worth of $53.5 billion. The Koch brothers are the owners of several companies (known as Koch Industries)–10 of them, to be exact. They include Georgia-Pacific, the makers of products like Quilted Northern® toilet paper, Brawny® paper towels and Dixie® cups, Flint Hills Resources, Guardian Industries, and Matador Cattle Company.
They’re also known for funding a right-wing political advocacy group known as Americans for Prosperity. According to the group’s website, “Americans for Prosperity exists to recruit, educate, and mobilize citizens in support of the policies and goals of a free society at the local, state, and federal level, helping every American live their dream – especially the least fortunate.”
6. Larry Page
Coming in at number six on the list is Larry Page, with a current net worth of $53.8 billion. Page is one of Google’s co-founders and is currently the CEO of its parent company, Alphabet. Under his leadership, Google has invested in hundreds of startups, including Uber, Lyft, Clearwire, and Snapchat. The company has invested in overseas markets as well, including China, Israel, and India.
FUN FACT: Page’s fascination with computers likely spawned from his parents passion for tech, both of whom taught computer science at Michigan State University.
5. Larry Ellison
With a net worth of $58.4 billion, Larry Ellison is the fifth richest person in America. He co-founded the software company Oracle in 1977. He owns about 25 percent of the company, along with a 288-ft yacht, a sailing team, a tennis tournament, several real estate properties–including a $70 million home in Woodside, California and additional properties in Malibu, San Francisco, Lake Tahoe, Rhode Island, and Japan–and the Hawaiian island of Lanai! Like many wealthy individuals, Ellison is also a philanthropist. He has given over $330 million dollars toward research into age-related diseases.
4. Mark Zuckerberg
Facebook co-founder and CEO Mark Zuckerberg has a net worth of $61 billion. He became the youngest self-made billionaire when Facebook’s value flew past the $1 billion mark. He was just 23 years old at the time.
FUN FACT: There’s a movie about Zuckerberg and Facebook. It’s called The Social Network. The storyline goes something like this:
A Harvard student comes up with an idea for a global social network, becomes the youngest billionaire in history, and is sued by two brothers (who claim he stole their idea) and the social network’s co-founder, who was later booted out of the company.
3. Warren Buffett
Coming in at number three on the list is Warren Buffett. He has a net worth of $83 billion.
Buffett is chairman and CEO of Berkshire Hathaway, a publicly traded investment firm, and is considered one of the world’s greatest investors–and it’s no wonder. Buffett took an interest in investing at an early age. He bought his first stocks at age 11–six shares of Cities Service, an oil service company, for $38 apiece.
FUN FACT: eBay holds an annual “Power Lunch with Warren Buffett” auction. Bidders vie for the chance to dine with Buffett at Smith & Wollensky, a high-end steakhouse in New York City. All of the proceeds from the winning bid are donated to GLIDE, a California-based charity organization. By the way, bidding starts at $25,000!
2. Bill Gates
With a net worth of $97 billion, second place doesn’t seem so bad after all. Bill Gates became America’s richest person in 1994, a title he held onto for 24 years. He became a millionaire at age 31 after Microsoft, the company he founded, went public in 1986. Gates made sure to put his fortune to good use. He and his wife, Melinda, established The Bill and Melinda Gates Foundation in 2000. The foundation is the largest private charity in the world and works toward solving problems like poverty and world hunger.
FUN FACT: Gates and friend Paul Allen formed Micro-Soft (a blend of the words micro-computer and software) in 1975. The hyphen was dropped after about a year.
1. Jeff Bezos
There’s a new richest billionaire in town, and his name is Jeff Bezos. The Amazon founder and CEO broke Bill Gates’ 24-year run as America’s richest person. He’s also the first person on America’s richest list with a fortune of more than $100 billion. His net worth is $160 billion.
FUN FACT: Bezos almost didn’t make this list. That’s because Amazon came close to going bankrupt in the wake of the 2000 dot-com crash. Thanks to the quick thinking of Warren Jenson, Amazon’s former CFO, the company made some timely stock market deals that provided a comfortable cushion against a failing economy.
Will your name be on this list someday? Let us know in the comments section below how you plan on becoming one of the wealthiest people in America. We just might have to right an article about you one day! 🙂