Microsoft
founder Bill Gates is the wealthiest living US entrepreneur, with an estimated
net worth of USD 80.2 billion, according to Wealth-X. The list of 10
billionaires was dominated by "technopreneurs" as six of them made
their fortunes from technology or technology-related businesses, including
Gates, Larry Ellison of Oracle and Facebook co-founder Mark Zuckerberg. The 10
entrepreneurs are collectively worth USD 407.4 billion, accounting for about 20
per cent of the total ultra-rich wealth in America, according to Wealth-X, the
global wealth intelligence and prospecting firm headquartered in Singapore. The
combined market capitalisation of these 10 individuals' primary companies is
USD 1.7 trillion, which means they have created wealth that's four times what
they themselves are worth. Legendary investor Warren Buffett, who at 83 is also
the oldest person on the list, was ranked second with an estimated wealth of
USD 64.2 billion. Buffett was followed by Ellison of Oracle with a net worth of
USD 48.2 billion and businessman and Bloomberg LP founder Michael Bloomberg
with USD 33.7 billion. Sheldon Adelson, Chairman and Chief Executive Officer of
the Las Vegas Sands Corporation, was ranked fifth with a net worth of USD 32.8
billion, while Google's Larry Page was placed sixth with a net worth of USD
31.3 billion. Zuckerberg, 30, is the youngest person on the list and was placed
seventh with a net worth of USD 30.9 billion, followed by Jeff Bezos, founder
and CEO of Amazon.com (8th, USD 30.5 billion); Google's Sergey Brin (9th, USD
30.1 billion) and Carl Icahn (10th, USD 25.5 billion). All the self-made
entrepreneurs on the list are active in the world of philanthropy, and six of
them have joined the Giving Pledge, a campaign initiated by Gates and Buffet to
encourage the world's most affluent individuals to pledge at least half of
their fortunes to charity, the Wealth-X report said.
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