Bill Gates claims stake as richest American for 20th straight year

By on September 16, 2013, 6:00 PM
microsoft, bill gates, steve ballmer, forbes 400 list, forbes wealthies americans

Microsoft co-founder Bill Gates has topped the Fortune 400 list as the wealthiest American for the 20th year in a row. His total net worth of $72 billion kept him well ahead of Warren Buffett’s second place finish of $58.5 billion. Gates saw his fortune increase by $6 billion over the past year while Buffett’s wealth ballooned by $12.5 billion during the same period.

Oracle CEO Larry Ellison’s $41 billion nest egg remained flat over the year and was good for a third place finish, cementing the technology industry as the second-largest generator of billionaires. Nearly 50 of the people on the top 400 list are in the tech industry which accounts for a 12 percent share of the overall money pool.

Further down the list is Amazon’s Jeff Bezos (12th place) at $27.2 billion. Following in 13th and 14th place are Google co-founders Larry Page and Sergey Brin. Collectively, the Google duo are worth $49.3 billion. Facebook founder Mark Zuckberger is one of the youngest billionaires on the list. His estimated wealth of $19 billion is up thanks to the company’s recent turnaround on the stock market following a year of dismal results.

Interestingly enough, outgoing Microsoft CEO Steve Ballmer placed 21st on the list at $18 billion. Last month, Ballmer announced plans to retire within the next 12 months. He has held the title of Microsoft CEO for nearly 13 years following Gates’ departure in January 2000.




User Comments: 7

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dennis777 dennis777 said:

Was apple ceo Jobs manage to get on the list before? I see that the apple ceo is not yet that rich given their income from apple products.

hahahanoobs hahahanoobs said:

I can't help but love this man.

1 person liked this | mctommy said:

Was apple ceo Jobs manage to get on the list before? I see that the apple ceo is not yet that rich given their income from apple products.

Jobs was a billionaire but his net worth wasn't really from Apple's stock. At the time of his death, the biggest value in his stock portfolio was shares of DIsney which he received from Disney acquiring Pixar. Plus Jobs sold most of his apple stock when he got ousted.

Guest said:

20 straight year? Carlos slim was never top 1 in fortune400?

Ranger12 Ranger12 said:

20 straight year? Carlos slim was never top 1 in fortune400?

Bill Gates is the richest American for 20 straight years. Slim is from Mexico.

VitalyT VitalyT said:

Dear Bill Gates, all I'm asking is for the measly 0.001% of your infinite wealth. Surely, as a charitable person you will have no problem to arrange for such a tiny payment. If you should do that, I will have all of my friends praising your name!!!

Don't give up on me!!!!

Skidmarksdeluxe Skidmarksdeluxe said:

What difference does it make where your name is on the list when you have so much money? I would be happy just to be in the first 10 000.

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