Latest Forbes rich list confirms there’s plenty of money in tech

latest forbes rich list confirms theres plenty of money in techForbes published its latest rich list on Wednesday. The annual list is made up of all the world’s billionaires and this year comprises 1,226 people worth a record $4.6 trillion.

Among the select group are 90 people who’ve made (and are continuing to make) their fortune in the tech industry, 51 of them from the US.

At the top of the list for the third year in a row is Mexican Carlos Slim Helu, who made his money through investments in the telecoms industry. The 72-year-old is said to be worth $69 billion. To confirm that it’s not a typo, let’s just say that one more time: $69 billion.

bill gatesRanked second is someone who Forbes calls “the most generous man on the planet.” That’s right, it’s Microsoft co-founder Bill Gates who, despite having already given away $28 billion, is still worth a colossal $61 billion.

Looking down the list, there are plenty of names from the tech world that you’ll have little trouble recognizing. Listed sixth is Larry Ellison, co-founder and chief executive officer of Oracle, the business hardware and software system provider. According to Forbes, he’s worth $36 billion, down $3.5 billion from this time last year though the chances are he won’t be too concerned about that.

Google co-founders Sergey Brin and Larry Page are listed 24th, each with fortunes worth $18.7 billion. Two spots behind them is Amazon founder and CEO Jeff Bezos, worth $18.4 billion. Bezos’s wealth has increased by $300 million in the last year, mainly thanks to the strong performance of the online retail giant’s stock, Forbes says.

Mark ZuckerbergBut wait, we’re moving down the list at quite a pace now and still no mention of Facebook founder Mark Zuckerberg. What’s going on? Of course he’s there, a little further down than you might expect, though that could well change once the social networking company goes public later this year. Zuckerberg is said to be worth $17.5 billion and is listed as the 35th richest person in the world.

Also in the top 100 is computer maker Michael Dell, ranked 41st with a value of $15.9 billion. Dell shares the position with Azim Premji, chairman of computer hardware and software manufacturer Wipro, based in India.

Microsoft CEO Steve Ballmer is 44th in the list, worth an estimated $15.7 billion. Another Microsoft man, Paul Allen, is said to be worth $14.2 billion, placing the co-founder of the company 48th in the list. Though Allen left the Seattle-based computer giant some years ago, he reportedly still has millions of shares in the company.

With China on the up and up, we can expect to see more of its citizens populating the Forbes list in the coming years. For now, from the tech industry, there’s only one in the top 100 — Robin Li, the man behind Baidu (think of it as China’s answer to Google). Li is ranked 86th and said to be worth $10.2 billion.

Twelve billionaires have died in the past year and so have been replaced in the list by family members, including at number 100 Laurene Powell Jobs, the widow of Steve Jobs, who passed away in October last year.

Forbes has been compiling a list of the world’s billionaires since 1987, when it contained just 140 names. Information on how the magazine comes up with its valuations can be found here.

[Image: Suravid / Shutterstock]

Movies & TV

Stan Lee has died: Marvel Comics icon and legendary creator dead at 95

Stan Lee, one of the world's most important and iconic comic-book authors, has died at the age of 95. Creator of some of the most famous and beloved superheroes and villains of all time, Lee leaves behind an indelible legacy.
Movies & TV

'Prime'-time TV: Here are the best shows on Amazon Prime right now

There's more to Amazon Prime than free two-day shipping, including access to a number of phenomenal shows at no extra cost. To make the sifting easier, here are our favorite shows currently streaming on Amazon Prime.
Movies & TV

The best shows on Netflix, from 'The Haunting of Hill House’ to ‘The Good Place’

Looking for a new show to binge? Lucky for you, we've curated a list of the best shows on Netflix, whether you're a fan of outlandish anime, dramatic period pieces, or shows that leave you questioning what lies beyond.
Home Theater

The best movies on Netflix in November, from 'The Witch’ to ‘Dracula’

Save yourself from hours wasted scrolling through Netflix's massive library by checking out our picks for the streamer's best movies available right now, whether you're into explosive action, witty humor, or anything else.

Be at your most productive with these Slack tips and tricks

Slack is an common means of communication in the workplace, but how do you use some of the app's lesser-known features to get the most out of your experience? Here's what you need to know to stay organized, efficient, and entertained.

Get rid of your Audible account by following these quick steps

Want to learn how to cancel your Audible membership? It's easier than you might think. Just follow along with these steps and you'll be rid of the audiobook listening service for good. Or until you sign up again.

Data stolen from HealthCare.gov includes partial SSNs and immigration status

Around 75,000 users have had their user data stolen from government site healthcare.gov, including information on their immigration status, whether they were pregnant, and partial social security numbers.

Make a GIF of your favorite YouTube video with these great tools

Making a GIF from a YouTube video is easier today than it's ever been, but choosing the right tool for the job isn't always so simple. In this guide, we'll teach you how to make a GIF from a YouTube video with our two favorite online tools.

From beautiful to downright weird, check out these great dual monitor wallpapers

Multitasking with two monitors doesn't necessarily mean you need to split your screens with two separate wallpapers. From beautiful to downright weird, here are our top sites for finding the best dual monitor wallpapers for you.

How to change your Gmail password in just a few quick steps

Regularly updating your passwords is a good way to stay secure online, but each site and service has their own way of doing it. Here's a quick guide on how to change your Gmail password in a few short steps.

Need a free alternative to Adobe Illustrator? Here are our favorites

Photoshop and other commercial tools can be expensive, but drawing software doesn't need to be. This list of the best free drawing software is just as powerful as some of the more expensive offerings.

Edit, sign, append, and save with 12 of the best PDF editors

There are plenty of PDF editors to be had online, and though the selection is robust, finding a solid solution with the tools you need can be tough. Here, we've rounded up best PDF editors, so you can edit no matter your budget or OS.

Google honors Veterans Day by highlighting military service stories

For Veterans Day, Google is honoring the heroes that served the country with a new Google Doodle that highlights the stories of five veterans from the five different branches of the military.
Emerging Tech

Alibaba’s Singles’ Day sale smashes online shopping records

The annual online shopping frenzy that is Singles' Day this year raked in $30.8 billion, up from $25 billion last time around. The Alibaba-organized event generates more in sales than Black Friday and Cyber Monday combined.