Friday 12 August 2016

Bill Gates tops Forbes’ 100 richest in Tech list


The rich keep getting richer in tech. The combined wealth of the 100 richest tech billionaires — a whopping $892 billion — surged 6% since last year. Forbes released the stats in its second annual Richest in Tech list.
Amazon, meanwhile, saw its net income multiply nine times since last year to $857 million, fueled in part by strong demand for its free-shipping membership, Amazon Prime.

Facebook and Amazon both saw remarkable growth this year despite the tumultuous stock market. Facebook’s ever increasing mobile ad growth propelled the company’s revenue to increase 59% in its last three-month quarter ending June 30.
Microsoft co-founder Bill Gates (personal net worth: $78 billion) took the top spot again, followed by Amazon CEO Jeff Bezos ($66.2 billion). Facebook CEO Mark Zuckerberg ($54 billion) took third place, while Oracle co-founder Larry Ellison ($51.7 billion) fell two spots to fourth.
Bezos is also the third-richest person in the world now, surpassed only by Gates and founder of Spanish retail giant Inditex fashion group, Amancio Ortega.
Other top tech billionaires include Google co-founder and its parent company Alphabet’s CEO Larry Page ($39 billion) at fifth on the list, Tesla Motors CEO Elon Musk ($12.7 billion) at 15th, and Chinese retail giant Alibaba executive chairman Jack Ma ($25.8 billion) at eighth.
The top-10 richest in tech:

1. Microsoft co-founder Bill Gates, $78 billion net worth

2. Amazon CEO Jeff Bezos, $66.2 billion net worth

3. Facebook CEO Mark Zuckerberg, $54 billion net worth

4. Oracle co-founder Larry Ellison, $51.7 billion net worth

5. Alphabet CEO Larry Page, $39 billion net worth

6. Alphabet president Sergey Brin, $38.2 billion net worth

7. Former Microsoft CEO Steve Ballmer, $27.7 billion net worth

8. Alibaba co-founder Jack Ma, $25.8 billion net worth

9. Tencent CEO Ma Huateng, $22 billion net worth

10. Dell CEO Michael Dell, $20 billion net worth

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