Forbes released its 40th annual list of the world’s 400 richest people, and the majority are Americans.
According to the publication, billionaires’ net worth was calculated using stock prices and exchange rates as of September 3, 2021.
ELON MUSK TRAILS JEFF BEZOS AT THE TOP OF FORBES ‘2021 BILLIONAIRES LIST
Almost all of them are richer than they were a year ago, and the top 20 together are worth $ 1.8 trillion.
Notably, the minimum net worth required to be on the list was $ 2.9 billion, up from $ 2.1 billion previously, or 51 billionaires.
MarketWatch reported last week that media mogul Oprah Winfrey was just below that amount and that former President Donald Trump fell off the Forbes 400 for the first time in 25 years.
So who is at the top of the list in the United States?
1. Jeff Bezos
Amazon.com, Inc. founder Jeff Bezos remains in the lead for the fourth year in a row, with a net worth of $ 201 billion.
While the founder of Blue Origin, LLC stepped down as CEO to become president in July, Amazon flourished during the COVID-19 pandemic.
Bezos also owns the Washington Post.
2. Elon Musk
Elon Musk, co-founder of Telsa, Inc. and founder of SpaceX (Space Exploration Technologies Corp.), came in second, with a net worth of $ 190.5 billion.
Musk has pledged to give more than half of his stake in Tesla as collateral for loans, and Forbes said he discounted his stake to account for the loans.
Musk resigned as chairman of the electric car company in 2018 after making “false statements” that launched a U.S. Securities and Exchange Commission investigation.
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SpaceX, however, is valued at $ 74 billion, Forbes said.
3. Mark Zuckerberg
Facebook, Inc. founder Mark Zuckerberg was ranked third, with a net worth of $ 134.5 billion.
Its social network has come under intense scrutiny in recent months, and a whistleblower who leaked internal documents to the Wall Street Journal gave testimony to Congress against the tech giant on Tuesday.
|FB||FACEBOOK, INC.||330.05||+0.83||+ 0.25%|
Zuckerberg, the subject of the movie “The Social Network,” made Facebook public in 2012 and owns about 12% of the company’s shares, according to Forbes.
In 2015, Zuckerberg and his wife, Priscilla Chan, pledged to give up 99% of their stake in Facebook during their lifetime.
4. Bill Gates
Microsoft Corp. co-founder Bill Gates was fourth, with a calculated net worth of $ 134 billion.
Gates stepped down from the Microsoft board in 2020 and donated $ 35.8 billion in Microsoft shares to the Bill & Melinda Gates Foundation.
Bill and Melinda Gates announced in May that they were ending their decades-long marriage, though they will still co-chair the foundation.
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5. Larry Page
Google LLC co-founder Larry Page is fifth on the list, with a net worth of $ 123 billion.
Page, CEO until 2005 and 2011-2015, also became CEO of Google’s parent company Alphabet before stepping down in December 2019.
|GOOGL||ALPHABET, INC.||2,795.71||+11.21||+ 0.40%|
The lone billionaire remains a board member and majority shareholder, according to Forbes.