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- Here are the 44 new members of The Forbes 400 (net worths are as of September 3, 2021)
- Miriam Adelson. Net Worth: $30.4 billion. Source of wealth: Casinos. Adelson inherited her late husband’s 57% stake in Las Vegas Sands, the publicly traded gambling empire with casinos in Singapore and Macau, after his death in January.
- Sam Bankman-Fried. Net Worth: $22.5 billion. Source of wealth: Cryptocurrency. The 29-year-old MIT grad owes most of his $22.5 billion fortune to his stake in the cryptocurrency derivatives exchange FTX—which he cofounded in 2019—and his share of its FTT tokens.
- Jeff Yass. Net Worth: $12 billion. Source of wealth: Trading, investments. The former pro gambler joins The Forbes 400 thanks to his stake in trading firm Susquehanna International Group, which he cofounded in 1987 and built into one of the most successful firms on Wall Street.
- Net Worth: $68 Billion
- Worth: $9.8 Billion
- Worth: $6.9 Billion
- Worth: $4.2 Billion
- Worth: $9.6 Billion
- Worth: $4.5 Billion
- Worth: $10.5 Billion
- Worth: $6.8 Billion
- Net Worth: $57 Billion
- Net Worth: $179 Billion
Tesla stock rose more than five-fold since last year’s list, making Musk the biggest gainer in percentage terms. His meteoric rise, helped along by two massive grants of Tesla shares as part of his CEO compensation, continued after Forbesfinalized net worths for this year’s list in late July. He broke the $100 billion mark in late August, less than...
Nvidia shares are up some 25,000% since Huang took the chipmaker public in 1999, including a 128% jump since last year’s list. Huang, who’s been chief executive since cofounding Nvidia in 1993, owns about 3.6% of its stock.
Before founding cybersecurity firm ZScaler, whose shares have risen 90% since last year, Chaudhry launched four other tech companies that were all acquired. He and his wife, Jyoti, both quit their jobs and used their life savings to start the first of these firms, cybersecurity startup SecureIT.
Garcia III was an executive at his father’s used car dealer and financer DriveTime Automotive Group before cofounding online used car seller Carvana in 2012. Billed as the “Amazon of cars,” Carvana’s stock is up 77% since last year’s list.
His DriveTime operates 127 dealerships across the U.S. and has financed more than 4 million car buyers. The elder Garcia helped fund Carvana, which operated as part of DriveTime before the Garcias spun it out and took it public in 2017.
Shares of Veeva Systems, the cloud software provider for pharmaceutical and biotech companies that he founded and runs as CEO, are up 60% since last year.
The founder and CEO of wireless equipment maker Ubiquiti Networks, Pera’s fortune is up thanks to a 58% rise in Ubiquiti’s stock since last year. He owns about three-quarters of the publicly traded company.
The Twitter cofounder and CEO is richer this year thanks to a 96% bump in the share price of his other company, payments processor Square. That increase more than covers Dorsey’s pledge to give $1 billion of his Square stock to #startsmall, a new philanthropic entity he says will focus on Covid-19 relief, women’s health and education and lobbying f...
In July, along with her announcement of nearly $1.7 billion in donations to 116 nonprofits, Jeff Bezos’ publicity-shy ex wife said she changed her last name from Bezos to her middle name, Scott. Her fortune is still largely tied up in soaring Amazon stock.
America’s richest person had a great year, despite some bad headlines — including coronavirus-related protests by Amazon workers and a big-tech antitrust investigation by Congress. With the quarantining world turning to online shopping, Amazon shares climbed by 64% over the past year.
- Chase Peterson-Withorn
Sep 8, 2020 · NEW YORK – September 8, 2020 – Forbes today released the 39th annual Forbes 400 list, the definitive ranking of the wealthiest Americans—including a comprehensive report of not only what these...
Sep 8, 2020 · On Tuesday, the global media company shared its 39th annual Forbes 400 list, which ranks the wealthiest Americans alongside a comprehensive report about how much each person is worth and how...
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- Rob Garratt
- Axl Rose (1985-present) – US$200 million. As the only consistent member over the band’s 37-year history – and the legal owner of the brand – it’s perhaps no surprise that lead singer Axl Rose made more than double his other band members.
- Slash (1985-1996, 2016-present) – US$90 million. We’ll never know how many zeroes were on the fabled contract that Slash signed in 2016 – the same deal that history suggests cut out Adler/Sorum and lowballed Stradlin – but it surely goes a long way to explaining how much more he and McKagan have earned than his OG GNR counterparts.
- Duff McKagan (1985-1997, 2016-present) – US$70 million. Here’s an instructive tale: when Guns N’ Roses started to wind down, in 1994, Duff McKagan enrolled in a basic finance course.
- Dizzy Reed (1990-present) – US$40 million. Many fans might find it a travesty that the band’s session keyboardist has earned more than the guy who wrote all the classic songs.
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...
Apr 7, 2020 · For the first half of March, 226 people lost their billionaire status and there are 58 fewer billionaires compared to the same time last year. In total, Forbes counted 2,095 billionaires.
