As things go back to normalcy following the pandemic, businesses and entrepreneurs are starting to regain their footing in the market. Among these entrepreneurs, the richest American billionaires are growing stronger than ever before and applying effective strategies to further expand their wealth pool.
As of 2022, these Richest American billionaires are collectively worth over $5 trillion. But even among these tycoons, the wealth is extensively concentrated at the top of the list with the top 10 Richest American Billionaires having a net worth of over $2 trillion. This amounts to 24% of the US billionaires’ total.
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The Top 10 Richest American Billionaires.
1. Elon Musk:
As the richest person in the world, Elon Musk is the founder and the head of SpaceX and Tesla. As of 2022, he has a net worth of approximately $221.4 billion.
He is also the founding father of The Boeing Company and Co-founder of Neuralink and OpenAI, and recently took over Social Media giant Twitter. Born in 1971, Elon Reeves Musk, in 2002, founded SpaceX, an aerospace and space transport services manufacturing firm, and has proceeded ever since to become the company’s chief engineer and CEO.
In 2004 he got involved with Tesla Inc., a clean energy company, as an early investor and he went on to become the chairman, product architect, and eventually the CEO of the company by 2008. With all the success he has had, he is known as one of the greatest minds alive and the richest person in the world in 2022.
2. Jeff Bezos:
With a net worth of $136 billion, Jeffrey Preston Bezos is an American entrepreneur, investor, media proprietor, computer engineer, and commercial astronaut, who founded one of the biggest e-commerce companies in the world, Amazon.
Bezos is the executive chairman and former president and CEO of the company. Born in 1964 in Albuquerque, New Mexico, Bezos is currently the second richest person in the world and was the wealthiest of them all from 2017 to 2021, with Amazon stock prices going through the roof in the last 2 years.
3. Bill Gates:
In the modern world, almost 95% of working professionals use Microsoft Windows as an operating system and other Microsoft products. As the co-founder, chairman, and CEO of one of the biggest software firms in the world, William Henry Gates III, was the holder of the title of the richest person in the world from 1995 to 2017. As the third richest American billionaire in the USA, he is presently worth $124 billion.
He founded Microsoft Inc., alongside his childhood friend Paul Allen back in 1975. Besides being a business tycoon, he is also known for his philanthropic efforts to expend his wealth on helping the deprived through the Milinda and Gates Foundation, which was co-founded by Bill and his now ex-wife Milinda Gates.
4. Larry Ellison:
Born on August 17, 1994, Lawrence Joseph Ellison, is the co-founder, executive chairman, and CEO of Oracle Corporation. With a net worth of $97 billion, Larry Ellison is one of the richest American billionaires with 98% ownership of Lanai Island in the Hawaiian Archipelago. While working at Ampex in the early 70s, he founded Oracle after being influenced by Edgar Codd’s research on relational databases in IBM.
Oracle later went on to distribute its services and sell them to mid and low-range systems and later compete with Sybase and Microsoft SQL Server. In 2010, Oracle acquired control of The MySQL source database that was formerly acquired by Sun Microsystems in 2008. As one of the richest person in 2022, he owns stakes in multiple firms such as SalesForce.com, NetSuite, Quark Biotechnology, and Astex Pharmaceuticals.
5. Warren Buffet:
Born in 1930 in Nebraska, Buffet graduated from Columbia School and went on to become the founder of Buffet Partnership Ltd., that later on acquired a textile company called Berkshire Hathway, to create a diversified holding company, which was later joined by Charlie Munger, in 1978. Buffet has been the chairman and largest shareholder of Berkshire Hathway since 1970 and has been referred to as the “Oracle” or “Sage” of Omaha by global media and is also known for his philanthropic mindset and his frugality despite his vast wealth and net worth of $96.3 billion.
6. Larry Page:
Google, is undoubtedly the most used search engine, and is one of the biggest software and internet companies in the world. Lawrence Edward Page is known globally for being a co-founder of Google with Sergey Brin. Born in 1973, Page went on to become the co-founder, chairman, and CEO of Google from 1997 until August 2001. He then became the CEO of Alphabet Inc., the parent company of Google, whose goal was to ensure major advantages for the growth of Google.
He remained in the post till 2019, after which he stepped down but remained and remains to date, an Alphabet Board Member, employee, and a controlling shareholder. With a net worth of 94 billion dollars, he is among the most respected and 6th of the wealthiest people in America, with employees worldwide, Google is one of the largest internet firms in the world and among the richest companies in 2022.
7. Sergey Brin:
Hailing from the Soviet Union, Sergey Brin is a computer scientist, internet entrepreneur, and business magnate who was the other co-founder of Google and the president of Google’s parent company Alphabet Inc. After moving to the United States at the age of six, Sergey Mikhailovich Brin, earned his Bachelor’s degree at the University of Maryland, College Park, in Mathematics and Computer Science, and started pursuing a Ph.D. in computer science from the University of Stanford, where he met Larry Page and suspended his to build a web search engine with him.
After it gained popularity among the masses, they decided to start up Google from a garage in Menlo Park. With a net worth of $90 billion, Sergey Brin is the eighth richest person in the world and among the richest American billionaire in 2022.
8. Steve Ballmer:
Born in 1956, Steve is the current owner of the Los Angeles Clippers of the National Basketball Association, Ballmer was hired by Bill Gates at Microsoft in 1980, where he went on the become the president in 1998 and CEO from 2000 to 2014, replacing Bill Gates. Born in Detroit, Michigan, Ballmer attended Lawrence Technological University and graduated as a valedictorian from a private school in Detroit with a perfect score of 800 on the mathematics section of SAT.
On June 11, 1980, he proceeded to become the 30th employee of Microsoft, and the first business manager hired by Gates. He was an integral factor in Microsoft’s growth as one of the richest companies in the world due to significant contributions like Microsoft’s development of the .NET Framework and other developments throughout all these years. With a net worth of $86 billion, he is among the richest American billionaires as of June 2022.
9. Michael Bloomberg:
As an American businessman, philanthropist, and author, Michael Bloomberg, started his career as an employee at the securities brokerage Salmon Brothers. In 1981 he founded Bloomberg LP, a financial, software, and, media firm that is also known as Bloomberg Terminal. As of June 2022, he was listed as the 6th richest person in the world by Forbes with an estimated net worth of almost $82 billion. He was also elected as the 108th Mayor of New York City and the third Jewish mayor of the city, where he held his office for three consecutive terms, winning the re-elections in 2005 and 2009.
As the mayor and one of the richest philanthropists in existence, he developed public charter schools, rebuilt infrastructure, promoted gun control,h public health development initiatives, and significant rezoning of large areas of the city after the 9/11 attacks.
10. Julia Koch:
With a net worth of $60 billion, Julia Margaret Flesher Koch, is one of America’s biggest and richest philanthropists. Although born to a farmer family, her parents Margaret and Frederic Flesher were owners of a furniture store called Flesher’s. After spending her childhood in Indianola, Iowa, she moved to Arkansas and graduated from the University of Arkansas, and worked as a model, until she moved to New York City.
Julia married David Koch and spent years living in an apartment at 1040 Fifth Avenue until they moved to an 18-room duplex at 740 Park Avenue. Formerly on the board of directors of the School of American Ballet, Koch also serves as the president of the David H. Koch Foundation, donating $200 million to various causes worldwide, like medical research, education and so many others. The couple even made donations to numerous welfare institutions such as the Lincoln Centre, the Metropolitan Museum of Art, and the Smithsonian Museum of Natural History.
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