Tech billionaires dominate Forbes' 2016 rich list

By on
Tech billionaires dominate Forbes' 2016 rich list

Forbes' annual analysis of America's most wealthy people is upon us, and it's striking just how tech-heavy the whole thing is. Four of the top five names in the list made their fortune through the kind of thing that we at Alphr like to follow on a daily basis.

Top of the list, for the 23rd year running, is Bill Gates. With a net worth of US$81 billion (A$105 billion), he's pretty much unassailable, even as he tries to give much of his wealth away in the fight against malaria. I say unassailable, but Jeff Bezos, founder of Amazon.com, is gaining some ground, leapfrogging Berkshire Hathaway chief executive Warren Buffet to second place with a net worth of US$67 billion.

According to Forbes, Bezos gained a whopping US$20billion in the course of 2016 – more than anyone else in the list. Buffet (US$65.5billion) hasn't been in third place for 15 years.

After Buffet, it's back to plain technology with Facebook founder Mark Zuckerberg (US$55.5bn) hitting fourth place for the first time at the expense of Oracle's founder Larry Ellison (US$49.3billion) who hit his lowest ranking since 2007.

This article originally appeared at alphr.com

Got a news tip for our journalists? Share it with us anonymously here.
Copyright © Alphr, Dennis Publishing
Tags:

Most Read Articles

You must be a registered member of CRN to post a comment.
| Register

Poll

What's your reaction to Microsoft shifting Azure prices into $US?
Upset that we'll pay more
We'll manage it, but wish prices were consistent
Not a problem - we already purchase in $US
We'll move to other clouds
View poll archive

Log In

Username / Email:
Password:
  |  Forgot your password?