The richest people in America have in common a surprising quantity. To begin with, they’re all guys who operate mostly in tech. And nearly all of them produced their fortunes by setting up their own businesses and keeping ownership as they soared for achievement, including Microsoft and Facebook. Indeed, seven of “America’s 10 richest” men are among the ‘world’s 10 richest people in America as well.
A few quirks are also shared by these American billionaires: Microsoft founder Bill Gates, Facebook CEO Mark Zuckerberg, Oracle founder Larry Ellison dropped off college. Jeff Bezos, Larry Page and Sergey Brin all came to schools in Montessori where kids are encouraged to think separately and creatively instead of following traditional guidelines. It also seems that billionaires like Hawaii’s houses.
As with America’s richest women, Richest people in America individuals donate a lot of cash to cause them to care. Some of the males on this list have donated hundreds of millions to research aimed at improving the lifespan of humans and eradicating hazardous illnesses like Alzheimer’s disease and cancer. Warren Buffett, Gates, Zuckerberg, and Ellison went a step further and promised to give away their fortunes as part of The Giving Pledge, an initiative designed by Buffett and Gates to encourage billionaires to embellish their vast wealth with philanthropy.
Here’s all you need to know about America’s richest people.
List Of 10 Richest People In America
1. Jeff Bezos
Net worth: $109.9 billion
Bezos has recently become history’s richest person.
Jeff Bezos worked at a hedge fund in New York after graduating from Princeton before he began selling books online, a company that eventually became e-commerce giant Amazon.com. Amazon.com’s beginnings are typical start-up lore–in 1994, according to Forbes, Bezos began the business out of his garage in Seattle.
The founder of Amazon.com is well known to buy the Washington Post in 2013 for $250 million, but his space company, Blue Origin, is fast becoming almost as popular. The aerospace company is designing reusable rockets to transport passengers into space, with the objective of shifting industrial production off Earth for one day.
Bezos lives in Medina, Wash with his wife and four kids. He owns five houses, as well as a 290,000-acre Texas ranch with headquarters in Blue Origin, making him one of the largest landowners in the U.S. In 1999, he was appointed the year’s TIME speaker.
2. Bill Gates
Net worth: $93.3 billion
Bill Gates is an iconic businessman who co-founded Microsoft’s 1975 software company. After dropping out of Harvard, Gates produced his fortune mainly through his business shares.
He grew up in Seattle and met in high school with his future business partner, Paul Allen, with whom he founded Microsoft. The two became obsessed with computers and, while still in school, they even created their first venture, a traffic data system.
After Microsoft became public in 1986, Gates became a millionaire at the age of 31. He became renowned for his dedication to philanthropy in the 21st century, and in 2000 he founded the Bill and Melinda Gates Foundation with his wife, Melinda. The Gates Foundation, the world’s biggest private charity, is aimed at solving worldwide issues such as world hunger and empowering individuals in disadvantaged societies.
Gates now lives in the same neighborhood in Medina, Wash. as Jeff Bezos. In 2005, he was a TIME person of the year and in 2016, Barack Obama won the Presidential Medal of Freedom.
3. Warren Buffett
Industry: Finance and Investments
Net worth: $87.2 billion
Warren Buffett is one of the richest people in America who haven’t made their fortune in the tech industry. Known as the “Oracle of Omaha,” Buffet is the president and CEO of Berkshire Hathaway, a publicly traded investment company. Most of his wealth comes from 18 percent of the company’s stake. Buffett is regarded as a value investor holding long-term stocks.
He purchased his first stock at age 11 and submitted his first tax return for his bicycle at age $13 with a $35 deduction.
On January 10, Buffett named two of Berkshire Hathaway’s vice-presidents as vice-presidents to his board, a move that sparked speculation that he could implement his Berkshire Hathaway succession plan earlier rather than later, but the billionaire said the choice was “part of a succession motion over time.”
4. Mark Zuckerberg
Net worth: $77.5 billion
Mark Zuckerberg is another Harvard dropout known for beginning a tech business of his own. There’s a film about it even. He is Facebook’s co-founder and CEO, the world’s biggest social media network. It was the largest tech IPO in history when the business became public in 2012.
He owns an estimated $175 million in real estate throughout the country, with only 700 acres of land in Hawaii. He generally calls Palo Alto, California’s home, where he lives with Priscilla Chan, his two sons and wife, whom he met at Harvard.
The pair began the Chan Zuckerberg Initiative together, pouring $3 billion in financing into an attempt to cure disease and create fresh research technology. The foundation also set up a “Biohub” at Calif University. San Francisco to foster scientific cooperation.
5. Larry Page
Net worth: $54.9 billion
Larry Page is a co-founderof Google and is now its parent company’s CEO, Alphabet. He encountered his company partner Sergey Brin, No. 7 on America’s list of wealthiest individuals, while working at Stanford on his phd.
Most of Page’s riches arises from inventing one of the most precious tech businesses in the world— owning about 6 percent of Google through its inventory. Google has invested in hundreds of start-ups under Page, recognized for its effectiveness. In 2007, he decided to get rid of his assistants so anyone who required him would have to discover him physically to speak.
At a young age, Larry Page became fascinated by computers, picking up his parents ‘ enthusiasm for tech, both of whom taught computer science at Michigan State University.
Larry Page lives with his spouse, a researcher, and their two kids in Palo Alto.
6. Larry Ellison
Net worth: $54.7 billion
In 1977, Larry Ellison another dropout from college co-founded the Oracle software firm. He also owns the entire Hawaiian island of Lanai, a sailing team, and even a whole tennis tournament, the New York Times reports, in relation to owning about 25 percent of the business.
While known for living big (the billionaire owns a yatch of 288 feet), Ellison began with humble aspirations. His parents, who adopted him at the age of nine months, wanted him to be a doctor, but when he discovered he was not interested in medicine, he left college. According to the Times, he moved to California and worked as a programmer for computers and a rock climbing instructor and river guide. Ellison said he was “very happy with his life” at this point.
But he became part of a business working to set up a fresh sort of software database after a sequence of employment. It would be Oracle, now one of the world’s largest software companies.
Like other titans on this list, Ellison interested in expanding the lifespan of humans and has provided more than $330 million for studies into aging and associated illnesses.
Divorced four times, Ellison has two adult kids and is calling his $70 million home from Woodside, California. However, the huge portfolio of Ellison’s real estate implies that he never spends a lot of time in one location. In Japan, San Francisco, Malibu, Lake Tahoe and Rhode Island, he owns additional properties.
7. Sergey Brin
Net worth: $53.3 billion
Sergey Brin also created his fortune with Larry Page in the tech sector as one of Google’s storied co-founders (No. 5). Born in the Soviet Union, Brin and his Jewish-born families went to the United States when Brin was only six years old in their home nation, facing anti-Semitism.
The entrepreneur at Google headed up Google X, the company’s secret division, until it became Google’s new parent firm, Alphabet, chairman in 2015. He was rumored to be constructing a secret airship in a huge Silicon Valley aircraft hangar while running the Google X laboratories.
Brin donates about $50 million to Parkinson research after finding that he is predisposed to the disease by a genetic mutation. He also provided the Hebrew Immigrant Aid Society with $1 million, the organisation that helped him leave Russia as a kid.
8. Charles & David Koch
Net worth: $48.6 billion each
Charles is the president and CEO of Koch Industries, a conglomerate based in Kansas with an annual income of $100 billion. David is the company’s vice chairman, both owning 42% of the firm.
According to Bloomberg, the men both graduated from MIT with degrees in engineering and joined the company of their family when they graduated.
Charles set up a libertarian think tank called the Cato Institute in 1976, which was subsequently sued by the siblings over a property rights discussion.
Having donated hundreds of millions of dollars to Republican and conservative causes in their lives, the Koch brothers are politically active.
9. Rob Walton
Net worth: $47.9 billion
Rob Walton is Walmart founder’s eldest son, Sam Walton, and the company’s former chairman. After running the chain for 23 years, he stepped down from his position in 2015, although he still sits on his board.
Most of the wealth of Walton comes from his company stocks, and Bloomberg estimates that he own about 13% of the family business.
Rob Walton played football at the University of Arkansas and graduated from the Columbia Law School before moving to work for his dad at the world’s biggest retailer.
He owns various properties including a house in Aspen, Colo., and another Paradise Valley, Ariz, and has recently bought 1,500 acres of property in Hawaii to construct a resort, allegedly.
Walton presently lives and is married to three kids in Bentonville, Arkansas.
10. Jim Walton
Net worth: $44.6 billion each
Jim Walton is the Walmart fortune’s last heir. He continues on the board of directors of Walmart and is also the CEO of Arvest Bank, his own corporation.
As of 2019, the net worth of Jim Walton was $44.6 billion, putting him on this list of richest people in America at 10th place.