Forbes 400 list for this year has been published peaking high compared to last year’s figures and enlisting newcomers as well. Amazon CEO Jeff Bezos and Facebook CEO Mark Zuckerberg both zoomed into the top 10 richest for the first time.
Forbes 400 list reached sky high this year. 400 people with the minimum of $1.7 billion left 145 U.S. billionaires off the list. The list already exceeded the $1.5 billion stipulation of last year to qualify for the list.
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Altogether the 400 wealthiest Americans are worth $2.34 trillion, up $50 billion from a year ago. The average net worth of list members is $5.8 billion, $100 million more than last year and a record high. About half are worth more now than they were a year ago.
Notable names among the top 10 this year are the Amazon.com CEO Jeff Bezos and Facebook CEO Mark Zuckerberg. Bezos, the biggest gainer on the list, up $16.5 billion in one year, is now the fourth richest American, worth $47 billion.
Zuckerberg is at number seven, with a net worth of $40.3 billion. Phil Knight, age 77, back into the top 20 for the first time in 18 years following a rise in Nike shares.
Bill Gates topped the list for the consecutive 22nd year. The richest man with a net worth of $76 billion, his stake in Microsoft, which he cofounded 40 years ago, now accounts for just under 13% of his fortune.
Warren Buffett, chief executive of Berkshire Hathaway, occupies the number two spot on The 400 (he’s been ensconced there since 2001), with a net worth of $62 billion. Larry Ellison, chairman of business software firm Oracle, comes in at number three, with a net worth of $47.5 billion.
In percentage terms, Travis Kalanick, founder of ride-hailing service Uber, gained the most, doubling his fortune since last year to $6 billion. Investors have valued Uber at more than $50 billion.
The list welcomed 25 new people. They included Evan Spiegel, the youngest person in the ranks, and the youngest billionaire in the world. Just 25 years old, the Stanford University graduate cofounded mobile messaging app SnapChat with Bobby Murphy, just 27 and also a newcomer.
Other newcomers include private equity titan Robert Smith, the second-richest African-American, after Oprah Winfrey; and the three cofounders of rental-accommodations service Airbnb: Nathan Blecharczyk, Brian Chesky and Joe Gebbia.
Thirty-five people fell off the list. The reason being, either because their fortunes dropped or they couldn’t keep up with the rest. The estimates of the snapshot of the wealthiest Americans’ net worth were finalized on Sept. 11, evaluating the numbers and rankings.