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List Of The Richest People In America
The 5 richest men in the United States have a combined net worth of $435.4 billion. This is more than 2% of US GDP.
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Jeff Bezos, Bill Gates and Warren Buffett are the three richest people in America. AP Images, AP Images, Reuters
The five richest men in the United States are worth $435.4 billion, according to the Forbes 400 ranking of the richest Americans in 2019. And all but one made their fortunes in the tech industry.
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Amazon CEO Jeff Bezos tops the list with $114 billion, followed by Microsoft co-founder Bill Gates ($106 billion), investor and Berkshire Hathaway chairman Warren Buffett ($80.8 billion), Facebook CEO Mark Zuckerberg ($69.6 billion) followed. . Oracle co-founder Larry Ellison ($65 billion), according to Forbes ranking.
Their combined wealth is more than 2% of US GDP, which reached $21.34 trillion in the second quarter of 2019. ($21.34 trillion $21.34 trillion $426.8 trillion $426.8 trillion would be correct).
A Business Insider analysis found that for billionaires, buying a vacation to Bali is the equivalent of buying a candy bar for the average American. And that’s based on a net worth of $2 billion, the median wealth for billionaires on the Forbes list.
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Although these five people are the richest people in America, a European billionaire removed Alison from the list of the five richest people in the world. Bernard Arnault, the French businessman who controls LVMH, is worth $91.9 billion, making him the world’s third-richest person, behind Bezos and Gates, according to the Bloomberg Billionaires Index. Forbes estimates his net worth at a slightly lower $91.4 billion, still above Zuckerberg and Ellison.
Read more: Bernard Arnault just fulfilled his $219 million pledge to restore Notre Dame in Paris. Here’s how the French billionaire earns and spends his $93 billion income.
The United States is the world’s top country for billionaires, home to about 705 million, Business Insider’s Hilary Hoffur previously reported. New York City, San Francisco and Los Angeles have the highest concentration of billionaires in the country.
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China is in second place with 285 millionaires, but America may take this place. According to a recent PBS report, China is producing billionaires faster than any other country.
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Now watch: Tim Cook’s net worth is $625 million; Here’s how he earns and spends his money. As just one example, Elon Musk increased his wealth by at least 1,116% in the past year and a half. Meanwhile, Amazon’s Jeff Bezos has earned an additional $89 billion.
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With data from Forbes’ Real-Time Billionaires List, we look at how the wealth of various wealthy groups has changed since the start of the pandemic.
Adding to his fortune is the $100 billion worth of SpaceX. Since February, its value has risen to about $25 billion, making it one of the most valuable private companies in the world. However, most of Musk’s wealth comes from Tesla, which recently moved its headquarters from California to Austin, Texas.
Since the start of the pandemic, Musk has rapidly increased his wealth among the top 10. In the third quarter of 2021, Tesla’s net income exceeded $1.6 billion, a company record. This increase helped the entrepreneur become the first person to cross the $300 billion net worth threshold.
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However, once again, Musk surpassed the world’s richest man, Jeff Bezos. This is significant, because Jeff Bezos’ wealth increased by more than 79% during the same period. Similarly, Zuckerberg, Gates and Buffett experienced double or triple growth.
Behind Musk and Bezos is Bernard Arnault, known as the “Wolf of Kashmir.” The French tycoon will earn more than $121 billion in 2021 on the back of a 43% increase in LVMH revenue. Earlier this year, LVMH closed its $15.8 billion acquisition of jewelry retailer Tiffany & Co.
On average, the 10 richest people saw gains of 204% during the pandemic. Not surprisingly, most of them were in technology.
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Thanks to the rapid growth of Fenty Beauty (of which she owns 50%), Rihanna is the second richest woman in the world after Oprah, worth $2.7 billion. The company is based on inclusion, offering a wide range of products for every skin type. Launched in 2017 with LVMH (another 50% shareholder), Fant Beauty is currently valued at $2.8 billion.
Conversely, last year’s youngest billionaire, Kylie Jenner, dropped off the list after allegedly increasing her net worth. It’s interesting that the Kardashians reveal the extent of their wealth by showing Forbes their tax returns, along with invitations to their homes.
Given the dramatic growth of the super-rich in recent years, today’s concentration of wealth is comparable to America’s Gilded Age.
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At the time, John D. Rockefeller was the richest man in the world – worth about $285 billion in today’s terms. Its business generated 1.6% of the total economic output of the United States.
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Money Rankings: Asia’s 15 Richest Multigenerational Families This chart shows the 15 richest families in Asia. From energy to banking, these kingdoms have made fortunes in many sectors.
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Many dynasties have shaped Asian economies, from energy companies to banking empires. In many ways, this is supported by social capital and long-term planning, often in family business structures.
The chart above uses Bloomberg data to show Asia’s richest families from a multi-generational perspective. Based on the data
As shown in the chart above, the Ambani family controls a $79 billion empire, the largest in Asia. At the top is Mukesh Ambani, Asia’s richest man, who lives with his family in a 27-story skyscraper in Mumbai.
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For three generations, the Ambanis have owned a vast network of energy, retail and telecommunications companies under Reliance Industries, India’s largest conglomerate.
Indonesia’s Hart family is second on the list with $39 billion. After inheriting the Jaram Cigarette Company from their father, brothers Budi and Michael Horton invested in the Central Asian Bank. It is the largest private bank in Indonesia with a revenue of more than 6 billion dollars by 2022.
The Kwok family, ranked third with $35 billion, controls Hong Kong’s largest real estate development company, mainly involved in commercial and residential real estate. They are among only four families in Hong Kong’s top 15, the largest in a country or region.
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In a global data set of 1,000 family-run companies from Credit Suisse, 517 were from the Asia-Pacific region in 2022. In general, family firms have been shown to be highly innovative products due to long tenure and the creation of strong social capital. , combined with more efficient operating models.
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Today’s map comes to us from HowMuch.net, and it shows the surprising disparity in high wealth from state to state.
Top 10 Richest People In World In 2020
Below is a complete list of the richest people in each US state, based on estimates by Forbes as of early March 2020.
Amazon founder Jeff Bezos tops the list
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