10 Richest Tech Billionaires

10 Richest Tech Billionaires
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THE RICH AND TECH SAVVY
The Merriam Webster Dictionary describes defines rich as – 1. having a lot of money and possessions, 2. very expensive and beautiful, impressive, etc, and 3. having or supplying a large amount of something that is wanted or needed. The tech industry and the worlds demand for technology as made billionaires from what we called nerds and geeks in middle school.

It is hardly arguable that technology has become a major thrust of the 21st century existence. The world literally thrives on its flexibility and dynamism. It therefore comes as no surprise that many of the world’s richest men are chronic protagonists in diverse technical fields. Below are the profiles of the first five of the world’s richest men in the field of technology.

1. Bill Gates – Microsoft

forbes.com

forbes.com




Born October 28, 1955 at Seattle, Washington, he is a Harvard drop out. He is a co-founder of Microsoft; the world’s largest PC software company, Co-Chair of Bill and Melinda Gates Foundation, CEO of Cascade Investments and Chair of Corbis. Bill is married to Melinda and they have three children. His Net worth is USD 77.2 Billion.

Bill Gates grew up in a family that encouraged competition. There was always a reward for winning and a penalty for loosing. He is an avid reader, enjoys playing bridge, tennis and golf. He has been on Forbes list of world’s wealthiest people since 2014.

2. Larry Ellison – Oracle

rediff.com

rediff.com




Born August 17, 1944 in Manhattan, New York, Lawrence Joseph “Larry” Ellison is the executive chairman and CTO of Oracle Corporations. His Net worth is USD 43.8billion. He is the fifth richest man in the world. He dropped out of both Universities of Illinois and Chicago. He has been married four times and is a father of two.

Larry was Forbes’s third wealthiest man in America in 2014. He founded Oracle in 1977and tapped into businesses growing need for customer relationship management databases. He has made charitable donations to various organizations and schools like the Lawrence J Ellison Musculo-Skeletal Research Centre and Stanford University.

3. Jeff Bezos – Amazon

fortune.com

fortune.com




Jeffrey Preston Jorgensen was born on 12th of January, 1964 at Albuquerque, New Mexico. He is American technology Investor and entrepreneur. Jeff is a major propeller of e-commerce being the founder and CEO of Amazon which is the largest retailer on the worldwide web and a model for internet sales. He went to Princeton University.

Mr. Bezos’s Net worth is USD 59.5 billion. He is married to Mackenzie and has four children. Jeff is the 4th on Forbes’s list of Billionaires. His philanthropic work includes a section of his Amazon page dedicated to disease relief fundraising, supported writers and makes non-profit donations.



4. Mark Zuckerberg – Facebook

abcnews

abcnews




Mark Zuckerberg was born on the 14th of May, 1984 at White Plains, New York. He dropped out of Harvard University. He is a computer programmer and Internet entrepreneur. He founded Facebook. His Net worth is USD 46 billion. He is married to Priscilla Chan and they both have a daughter. He believes it is okay to break things for the purpose of making them better.

Vanity Fair magazine named him number one on its 2010 list of the top 100 most influential people of the information age. He founded the Start up Education Foundation as a philanthropic gesture.



5. Lawrence “Larry” Page – Google

cnet

cnet




On March 26, 1973 in East Lansing, Michigan, Lawrence Page was born. He went to the University of Michigan and Stanford University where he dropped out. He is a computer scientist and internet entrepreneur. He is the CEO of Alphabet Incorporated.

Page’s Net worth is USD 40.1 billion. He is married to Lucinda and has two children. He was a voracious reader and at a very early age, was taking everything in the house apart to see how it worked. This was when he knew that he wanted to invent things. He is one of the five richest billionaires in the technology world and number four in the United States.

6. Sergey Brin – Google

zimbio

zimbio




Brin is the current president of Alphabet, a firm that as from 2015 became the umbrella company of Google and its other subdivisions. While at Stanford University undertaking his computer science doctorate, Brin and Larry Page cofounded Google, a search engine that they envisioned would help categorize web pages according to their popularity.

After the firm’s launch in 1998, the two, working alongside their staff, have managed to grow the company to greater heights. In 2013, the success of Google saw Brin ranked twenty-first on Forbes billionaires list. He was also ranked fourteenth as per the number of US based billionaires on the list. In the same year, according to Forbes, Brin’s net worth was approximated at $24.4 billion.

Born in Russia in 1973, Brin and his parents were forced to escape to the US because of the Jewish persecution of 1979. While at the University of Maryland; following in his father’s footsteps, who was a mathematician; Brin attained a degree in mathematics and computer science. Headquartered in Silicon Valley, California, Google has greatly transformed the search engine world (Bio n.p).

7. Jack Ma – Alibaba

chinadaily.com.cn

chinadaily.com.cn




Jack Ma founded Alibaba, an e-commerce business-to-business company. Currently 51 years old, Ma was born in China at a time when the country was experiencing a cultural change. Raised in poverty, he decided to learn English by interacting with the western tourists who often toured the country.

Initially an English teacher at Hangzhou Dianzi University, Ma has risen to be considered one of the richest men in China with an estimated net worth of $21.5 Billion as per Forbes listing. Alongside 17 other individuals, Alibaba was founded in 1999. According to Ma, even though this was going to be an online company, he had only learned how to use a computer the previous year. The major aim of establishing a company that would create an online presence was to enable small businesses in China get access to the global marketplace through.



Ma notes that even though the company that he cofounded has been a success, it has not been easy for him as an individual because he has experienced numerous setbacks; both academically and within the entrepreneurial world. The height of Alibaba’s success was in 2014 when the firm started trading publically in New York (Forbes n.p).

8. Steve Ballmer – Microsoft

nbcnews.com

nbcnews.com

Ballmer was born 59 years ago in Detroit, US. From 2000 to 2014, he worked as the CEO of Microsoft and has a 4% stake in the company. According to Forbes, much of Ballmer’s wealth was earned while he worked with Microsoft. The technology billionaire also has a 4% stake in Twitter.

After leaving the technology giant, Ballmer joined the sporting fraternity, although he has been doing it from the sidelines. He owns Los Angeles Clippers, an NBA outfit. While according to Forbes Ballmer’s net worth is nearly $23.9 Billion, Bloomberg Billionaires Index puts him at $21.4 billion. After leaving Microsoft, he has busied himself with his NBA outfit and has also been doing philanthropic undertakings.

This portrays his assertion that he was not going to sale his stake at Microsoft because he would prefer to offer some of it to charitable causes. Most of his charitable donations have been directed to educational institutions as well as supporting needy students (Forbes n.p).

9. Laurene Powell Jobs – Apple

forbes.com

forbes.com

She is the widow of the late Apple’s founder, Steve Jobs. According to Forbes (n.p), Jobs’ net worth is approximately $21.4 billion. She acquired her wealth when she was the CEO of Apple Inc. Her shares in the Walt Disney Company have also greatly contributed to her net fortune. She has however devoted her fortune to social causes where she contributes to educational and other social causes in order to improve the social wellbeing of the society.

Powell Jobs founded and chairs Emerson Collective, a firm that taps entrepreneurial abilities as a way of developing and hence promoting social capabilities. Through this, the firm has been able to contribute towards educational causes of under privileged students. Through College Track, which she cofounded, Jobs has been able to enable students ready themselves for life after college.

In 2015, she started working on XQ: The Super School Project, an undertaking that is aimed at developing new programs that will be used in high schools. She is also involved in social causes that are aimed at ensuring that anchor babies acquire US citizenship.

10. Michael Dell – Dell

japantimes.co.jp

japantimes.co.jp

Born in Texas in 1965, Michael Dell started Dell, one of the largest global computer developers, in 1984. He started it as a small venture whereby he developed computers for friends and other customers that he individually knew. Although he was interested in making it a big business, Dell was more focused on making it a customer based enterprise whereby he would eliminate middlemen and thus deal directly with the consumers (Bio n.p).

By 2000, Dell was a big household name because it was operating in approximately 34 countries and had a workforce of nearly 35,000. Around the same time, Michael Dell was already a billionaire. Although his approximated net worth stands at $19.4 billion, Dell states that his major desire is to see the company that he started continues growing. One way that he is achieving this is through mergers; for example the merger with EMC, a data storage firm.

While the company started trading public in 1988, Michael Dell decided to buy it out in 2013 because he was interested in giving it a long-term strategic framework. With 70% stake in Dell Inc., Dell is more focused on his other investment firm, MSD Capital; invests in automobiles and other ventures.

Works cited
Bio. “Michael Dell biography: Business leader, entrepreneur (1965- ).” 2016. Web. 25 Feb., 2016
Bio. “Sergey Brin biography: Engineer, inventor, computer programmer (1973-).” 2016. Web. 25 Feb., 2016
Forbes. “Jack Ma: The world’s most powerful people.” 2016. Web. 25 Feb., 2016
Forbes. “Laurene Powell Jobs & family.” 2015. Web. 25 Feb., 2016
Forbes. “Steve Ballmer. Forbes 400.” 2016. Web. 25 Feb.

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