Tuesday, September 30, 2014

Who are the 10 richest billionaires in America?


MANILA, Philippines - Who's the richest man in America, with a net worth of $81 billion?

Forbes magazine released its list of 400 wealthiest Americans, with Microsoft co-founder Bill Gates still on top.

Gates added $9 billion to his net worth this year to reach $81 billion, as the value of his Microsoft shares and investments grew.

Warren Buffet, CEO of Berkshire Hathaway, reported a net worth of $67 billion. He's been the second richest man on the list since 2001.

Oracle co-founder Larry Ellison is the third richest man with a net worth of $50 billion.

Charles Koch, CEO of Koch Industries, and his brother David Koch, executive vice president of Koch Industries, were both ranked 4th on the list with $42 billion.

Several members of the Walton family, who own retail giant Wal-Mart, are in the top 10 richest list.

Christy Walton is the richest woman in America, with a net worth of $38 billion. She was married to John Walton, and inherited her wealth when he died in 2005.

Jim Walton, the youngest child of Wal-Mart founder Sam Walton, has a net worth of $36 billion. He is also the chairman and CEO of the Arvest Bank Group.

Michael Bloomberg, former New York mayor and founder of Bloomberg LP, ranked 8th on the list with a net worth of $35 billion.

Another Wal-Mart heiress Alice Walton ranked 9th on the list with a net worth of $34.9 billion.

S. Robson Walton, chairman of the Wal-Mart stores, ranked 10th with a net worth of $34.8 billion. He is the eldest son of Sam Walton.

Here's the list according to Forbes:

1. Bill Gates - $81 billion
2. Warren Buffett - $67 billion
3. Larry Ellison - $50 billion
4. Charles Koch - $42 billion
4. David Koch - $42 billion
6. Christy Walton & family - $38 billion
7. Jim Walton - $36 billion
8. Michael Bloomberg - $35 billion
9. Alice Walton - $34.9 billion
10 S. Robson Walton - $34.8 billion

Facebook founder Mark Zuckerberg, 30, is not just the 11th richest man in America, but also the youngest billionaire on the list. He has a net worth of $34 billion.

On the other hand, the oldest person on Forbes' list of richest Americans is David Rockefeller Sr., who is 99 years old. The philanthropist has a net worth of $3 billion, which is enough for him to be ranked 201 on the list.

Forbes said the 400 wealthiest Americans on its list this year are worth an estimated $2.29 trillion, which is $270 billion more than a year ago.

Forbes said their combined net worth is "the same as the gross domestic product of Brazil, a country of 200 million people."

source: www.abs-cbnnews.com