Top 10 richest tech billionaires

Here we bring you world’s top ten richest billionaires in technology sector listed by Forbes. In ‘Forbes Richest in tech 100 2016 list’, Fifty-three of the top 100 added to their fortunes, while 27 got poorer. Meanwhile, this year twelve newcomers joined the ranks. Over half of the 100 Richest In Tech are from the United States, including eight of the top 10 richest on the list. Eight are from Europe, Canada has five tech billionaires and Germany has four. Forty among the 100 in the tech list, live in California.

1. Bill Gates

   

Bill Gates has retained on the top as the richest person in the on the Forbes Richest in tech 100 2016 list with a fortune of some $ 78 billion. He has prioritised on philanthropy through Bill and Melinda Gates Foundation after stepping down from the chairman of Microsoft.

2.Jeff Bezos

The second richest in tech Forbes list is Amazon founder and CEO Jeff Bezos with an estimated fortune of $ 66.2 billion. Last year Oracle chairman Larry Ellison was the second richest person. Jeff Bezos founded the world’s largest internet retail site Amazon in 1994. He has been managing three companies simultaneously, namely aerospace ‘Blue Origin’, newspaper The Washington Post and Amazon. He purchased the newspaper in 2013. Amazon.com shares witnessed 39% rise that helped to add an estimated $ 18.4 to his fortune.

3.Mark Zuckerberg

Facebook founder Mark Zuckerberg is on the third place with net worth of $ 54 billion. Mark Zuckerberg is the youngest richest billionaire in the top ten. He is also the richest person of California. Zuckerberg rise to the third place is attributed to rise in mobile advertising on Facebook, new users added on whatsapp and messenger

4.Larry Ellison

On the fourth place of Forbes list is Larry Ellison with the net worth of $ 51.7 billion. Oracle chairman Larry Ellison was the second richest person in Forbes last year. He gave up the Oracle CEO job in 2014, but as a chairman of the board he is still making the cut on Forbes list. He founded Oracle in 1977 and tapped into businesses’ growing need for customer relationship management databases.

5.Larry Page

Google Founder Larry Page is on the fifth position of Forbes list with an estimated fortune of $39 billion. Page was CEO of Google until October 2015, when Alphabet(the parent company of Google) was formed. Alphabet stock hit an all-time high in December 2015, and the company surpassed Apple as the world’s most valuable company for a time after posting strong quarterly earnings in February 2016.

6.Sergey Brin

Google co-founder SergeryBrin is on the sixth place with an estimated fortune of $38.2 billion. Sergey Brin runs Alphabet’s secretive X division, a key player in the race towards autonomous vehicles and the builder of self-driving cars. He founded Google with Larry Page in 1998, when they were both computer science Ph.D. students at Stanford University.

7.Steve Ballmer

Former chief executive of Microsoft, Steve Ballmer is on the seventh position with net worth of $ 27.7 billion. He now holds Los Angeles Clippers basketball team which he purchased in 2014. In late 2015, Ballmer purchased a 4% stake in social media firm Twitter; the stock steadily fell in value during the first half of 2016.

8.Jack Ma

Chinese businessman, founder of Alibaba Jack Ma holds eighth position with net worth of $25.8 billion. He is the second richest person in China. Jack Ma has built e-commerce firm Alibaba into a behemoth. The company has made a swath of deals in recent years, investing in movies like “Mission Impossible – Rogue Nation,” creating a sports division with Chinese partners and forming an online portal with U.S. department store Macy’s.

9. Ma Huateng

Former chief executive of Tencent, Ma Huateng is on the ninth position with an estimated net worth of $22 billion. cofounded Tencent Holdings in 1998 and as its chairman and CEO has led it to become one China’s online giants.

10.Michael Dell

Michael Dell, founder of the Dell, is on the tenth place with net worth of $ 20 billion. Dell founded the company in 1984, was ranked the 41^st richest person in the world in 2012. Dell started his company with $1,000 in his Texas dorm room when he was 19. Four years later, it went public with a market capitalization of $85 million. He took it private again in 2013 for $25 billion. Dell holds a 70% stake in the company, but most of his fortune lies in his private investment firm MSD Capital