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Oct 5, 2021 · Forbes used stock prices from September 3, 2021 to calculate net worths for the list. Leading the newcomers, with a $30.4 billion fortune, is Miriam Adelson , wife of the late casino mogul...
Oct 5, 2021 · Nearly all are richer than they were a year ago. The top 20 on the list are together worth a stunning $1.8 trillion. Forbes calculated net worths for the list using stock prices from...
- Jeff Bezos
- Elon Musk
- Mark Zuckerberg
- Bill Gates
- Sergey Brin
- Larry Ellison
- Warren Buffett
- Steve Ballmer
- Michael Bloomberg
- Rob Walton
SOURCE: Amazon
Bezosstepped down as CEO of Amazon in July—and promptly launched himself into space, spending ten minutes outside the atmosphere aboard his company Blue Origin’s first manned spaceflight. His net worth also reached new heights: He’s up $22 billion in the past year, becoming the first person on The Forbes400 worth more than $200 billion.
SOURCE: Tesla, SpaceX
Musk’s electric carmaker, Tesla, has been profitable for eight straight quarters and posted its highest net income ever in July— thanks to sales of emissions credits—helping drive his fortune up by $120 billion in one year. In August, he unveiled plans for the Tesla Bot, a humanoid robot to run on technology used in Tesla vehicles. His rocket company, SpaceX, completed its first all-civilian mission in September.
SOURCE: Facebook
In August, the Federal Trade Commission refiled a lawsuit that, if successful, could force Facebook to split up its Instagram and WhatsApp businesses. So far no amount of regulatory danger or controversy—including criticism from President Biden over Facebook’s role in proliferating vaccine misinformation—has been able to curb the social media company’s steady stock-market ascent. In June, Facebook hit a $1 trillion market capitalization for the first time. The fortune of its founder and CEO h...
SOURCE: Microsoft
Gates drops out of the top two for the first time in three decades. The Microsoft cofounder, whose 27-year marriage to Melinda French Gates ended in May, transferred $5.7 billion of stock in companies like Canadian National Railway and Deere & Co. to her. In September he spent $2.2 billion to boost his stake in Four Seasons Hotels to 71%, from 48%.
SOURCE: Google
The duo stepped down as chief executive and president, respectively, of Google parent Alphabet in late 2019 amid a Congressional antitrust investigation but remain on the board and retain controlling stakes in it. Page has reportedly been riding out the pandemic in Fiji; Brin, whose yacht was recently spotted near Fiji and Tahiti, set up a Singapore branch of his family office.
SOURCE: Software
The Oracle cofounder, chief technology officer and chairman announced in December 2020 that he had moved to Lanai, the Hawaiian island he bought nearly all of for $300 million in 2012. In April, he paid $80 million for a Palm Beach mansion that he reportedly plans to tear down.
SOURCE: Berkshire Hathaway
The Oracle of Omaha, who was famously reluctant to plunge into tech stocks, has been amassing a 21st-century portfolio. Berkshire Hathaway now owns billion-dollar stakes in Apple, Amazon and Snowflake. In June, it pumped $500 million into Brazilian fintech Nubank.
SOURCE: Microsoft
The high-octane former Microsoft chief gave $38 million to groups in Washington to address the state’s workforce shortage in behavioral health; nearly a quarter of adults there with mental illness reported not being able to access care. In September, his NBA team, the Los Angeles Clippers, broke ground on a new 18,000-seat arena that will reportedly cost him north of $1 billion.
SOURCE: Bloomberg LP
The former New York City mayor plowed $1.2 billion into his failed presidential bid and to support other candidates in the 2020 election; he also gave away $1.6 billion via his Bloomberg Philanthropies. This year his giving has included donations to Covid-19 response efforts, climate change mitigation and creating a center at Princeton, named for his eldest daughter, Emma, aimed at increasing student diversity.
SOURCE: Walmart
Walmart, America’s largest private employer, is ending quarterly bonuses for store staffers but raising its minimum wage by $1, to $12 an hour, amid nationwide worker shortages. The children of founder Sam Walton own an estimated 39% of the retailing giant’s shares—which are up 14% since last year—despite cashing out of some $6.4 billion worth of stock over the past year. Only Rob sits on the board.
Oct 5, 2021 · The aggregate wealth of The Forbes 400 reached a record-breaking $4.5 trillion, and the minimum net worth needed to make the cut for this year’s list rose to a record high of $2.9 billion, up...
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May 6, 2022 · Loro Piana has named Marco Giacometti its new chief commercial officer, luxury goods, and tasked him with bringing faster growth and market-share gains.
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Feb 6, 2020 · The Italian luxury brand, owned by Mayhoola investment fund has just named Marco Giacometti as its new chief commercial officer who will assume his role in mid-April.
