Wednesday, 2 July 2014

Bill Gates is the wealthiest living US entrepreneur

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Microsoft founder Bill Gates top's Billionaire list
NEW YORK: Microsoft founder Bill Gates reclaims top Billionaire list, considered the wealthiest living US entrepreneur, with an estimated net worth of US$ 80.2 billion. 

Warren Buffett an 83 year old Legendary investor is ranked 2nd with an estimated wealth of US$ 64.2 billions.

Larry Ellison of Oracle with a net worth of US$ 48.2 billions.

Bloomberg LP founder Michael Bloomberg with US$ 33.7 billions. 

Sheldon Adelson, Chairman and Chief Executive Officer of the Las Vegas Sands Corporation, was ranked fifth with US$ 32.8 billions.

Google's Larry Page is at sixth position with a net worth of US$ 31.3 billion. 

Zuckerberg, (30) Facebook is the youngest entrepreneur on the list and was placed seventh with a net worth of US$ 30.9 billion.

Followed by Jeff Bezos, founder and CEO of Amazon ranking eighth, with net US$ 30.5 billions.

The 10 entrepreneurs are collectively worth US$ 407.4 billion. All of them made their fortunes from technology or technology-related businesses, accounting for about 20 % of wealth in America. The overall market capitalisation of these 10 individuals' primary companies is US$ 1.7 trillion, they have created wealth that's 4 times what they themselves are worth. 

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