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Top 10 Richest Tycoons in the World 2016

Posted in Article, Tech3 months ago • Written by MurtaxaNo Comments

Just over half of the 100 Richest In Tech are from the United States, including eight of the top 10 richest on the list. Together, these 51 American tech founders and investors, the same number as on last year’s list, account for nearly two-thirds of the group’s total wealth. Thirty-seven of them live in California. China has the second highest number of tech richest tycoons, with 19 people worth a combined $132.7 billion, just one fewer than last year. The richest Chinese list member is Alibaba founder Jack Ma, who has an estimated net worth of $27.9 billion. He is closely followed by Tencent founder and CEO Ma Huateng (known as Pony Ma), worth an estimated $18.2 billion. Canada has five tech billionaires and Germany has four. The other 11 countries with tech titans each have three or fewer members of this list.

Top 10 Richest Tycoons in the World 2016

1.Bill Gates

Top 10 Richest Tycoons in the World 2016

Top 10 Richest Tycoons in the World 2016

Net worth: $89.4 billion

Age: 60

Country: United States

Industry: Technology

Source of wealth: Microsoft

Bill Gates is an American business magnate, investor, author, and philanthropist.  Gates and Paul Allen co-founded Microsoft, which became the world’s largest PC software company. During his career at Microsoft, Gates held the positions of chairman, CEO, and chief software architect, and was the largest individual shareholder until May 2014.

Gates was included in the Forbes list of the world’s wealthiest people and was the wealthiest from 1995 to 2007, again in 2009, and has been since 2014. Between 2009 and 2014, his wealth doubled from US$40 billion to more thanUS$82 billion. Between 2013 and 2014, his wealth increased by US$15 billion. Gates is currently the wealthiest person in the world with an estimated net worth of US$89.4 billion as of October 2016.

2. Jeff Bezos

Top 10 Richest Tycoons in the World 2016

Top 10 Richest Tycoons in the World 2016

Net worth: $72 US billion

Age: 52

Country: United States

Industry: Technology

Business: Amazon.com

Jeff Bezos is an American technology entrepreneur, investor, and philanthropist. He is the founder, chairman, and chief executive officer of Amazon.com, which became the world’s largest online shopping retailer. An Internet merchant of books and a wide variety of products and services, most recently video streaming and audio streaming, Amazon.com became the world’s largest internet sales website. on the World Wide Web and a model for Internet sales.

As of October 2016, Bezos’ personal wealth is estimated to be US$72 billion, ranking him the 2nd richest person in the United States (behind Bill Gates).

3. Mark Zuckerberg

Top 10 Richest Tycoons in the World 2016

Top 10 Richest Tycoons in the World 2016

Net worth: $55.3 billion

Age: 32

Country: United States

Industry: Technology

Business: Facebook

Mark Zuckerberg is an American computer programmer, internet entrepreneur, and philanthropist. He is the chairman, chief executive officer, and co-founder of social networking website Facebook. His net worth is estimated to be US $55.3 billion as of October 2016.

4. Larry Ellison

Top 10 Richest Tycoons in the World 2016

Top 10 Richest Tycoons in the World 2016

Net worth: $51.6 billion

Age: 72

Country: United States

Industry: Technology

Business: Oracle

Larry Ellison is an American businessman, entrepreneur, and philanthropist who is the co-founder of Oracle Corporation and was CEO from its founding until September 2014. He currently serves as executive chairman and chief technology officer of Oracle. In 2014,he is  as the forth-wealthiest person in the world, with a fortune of $56.2 billion.

5. Larry Page

Top 10 Richest Tycoons in the World 2016

Top 10 Richest Tycoons in the World 2016

Net worth: $40.2 US billion

Age: 43

Country: United States

Industry: Technology

Business: Google

Larry Page is an American computer scientist and an Internet entrepreneur who co-founded Google Inc. withSergey Brin in 1998. Larry Page is the chief executive officer (CEO) of Google’s parent company, Alphabet Inc. In October 2016, he is the fifth richest person in the world, with an estimated net worth of US$40.2 billion.

6. Sergey Brin

Top 10 Richest Tycoons in the World 2016

Top 10 Richest Tycoons in the World 2016

Net worth: $39.2 US billion

Age: 43

Country: United States

Industry: Technology

 Business: Google

Sergey Brin is a Soviet-born American computer scientist, internet entrepreneur, and philanthropist. Together with Larry Page, he co-founded Google. Today, Brin serves as President of Google’s parent company,Alphabet Inc. According to Forbes List October 2016, he is the 12th richest person in the world, with an estimated net worth of US$39.2 billion.[6]

Brin immigrated to the United States with his family from the Soviet Union at the age of 6. He earned his bachelor’s degree at the University of Maryland, following in his father’s and grandfather’s footsteps by studying mathematics, as well as computer science. After graduation, he moved toStanford University to acquire a PhD in computer science. There he met Page, with whom he later became friends. They crammed their dormitory room with inexpensive computers and applied Brin’s data mining system to build a web search engine. The program became popular at Stanford and they suspended their PhD studies to start up Google in a rented garage.

7. Jack Ma

Top 10 Richest Tycoons in the World 2016

Top 10 Richest Tycoons in the World 2016

Net worth: $27.9 billion

Age: 52

Country: China

Industry: Technology

Business: Alibaba.com

Jack Ma is a Chinese business magnate who is the founder and executive chairman of Alibaba Group, a family of successful Internet-based businesses. He is the first mainland Chinese entrepreneur to appear on the cover of Forbes.

8. Steve Ballmer

Top 10 Richest Tycoons in the World 2016

Top 10 Richest Tycoons in the World 2016

Net worth: $27.8 billion

Age: 60

Country: United States

Industry: Tech

Business: Microsoft

Steve Ballmer is an American businessman who was the chief executive officer(CEO) of Microsoft from January 2000 to February 2014 , and is the owner of the Los Angeles Clippers. As of August 10, 2016, his personal wealth is estimated atUS$27.8 billion, ranking him the 22nd richest person in the world . It was announced on August 23, 2013, that he would step down as Microsoft’s CEO within 12 months. On February 4, 2014, Ballmer retired as CEO and was succeeded by Satya Nadella; Ballmer resigned from the Board of Directors on August 19, 2014 to prepare for teaching a new class and for the start of the NBA season.

On May 29, 2014, Ballmer placed a bid of $2 billion to purchase the Los Angeles Clippers of the National Basketball Association (NBA) after NBA commissioner Adam Silver forced Donald Sterling to sell the team. He officially became the Clippers owner on August 12, 2014.

9. Michael Dell

Top 10 Richest Tycoons in the World 2016

Top 10 Richest Tycoons in the World 2016

Net worth: $20.3 billion

Age: 51

Country: United States

Industry: Technology

Business: Dell

Michael Dell is an American business magnate, investor, philanthropist, and author. He is the founder and CEO of Dell Inc., one of the world’s leading sellers of personal computers (PCs). He was ranked the 41st richest person in the world on 2012 Forbes list of billionaires, with a net worth of US$20.1 billion as of August 2016.

In 2011, his 243.35 million shares of Dell stock were worth $3.5 billion, giving him 12% ownership of the company. His remaining wealth of roughly $10 billion is invested in other companies and is managed by a firm whose name, MSD Capital, incorporates Dell’s initials. On January 5, 2013 it was announced that Michael Dell had bid to take Dell Inc. private for $24.4 billion in the biggest management buyout since the Great Recession. Dell Inc. officially went private on October 29, 2013.

10. Pony Ma

Top 10 Richest Tycoons in the World 2016

Top 10 Richest Tycoons in the World 2016

Net worth: $18.2 billion

Age: 44

Country: China

Industry: Technology

Business: Tencent Holdings

Pony Ma is one of the Core Founders, Executive Director, Chairman of the Board of Directors and Chief Executive Officer at Tencent since 1998. Pony oversees the strategic development, overall direction and management of the Group.

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