5 of the Top 10 World’s Richest People are in the Tech Business

Bloomberg recently released the Bloomberg Billionaires Index, and an interesting trend can be observed. Of the Top 10 World’s Richest People, no less than half of them are from the world of technology.

Right at the top of the list are Jeff Bezos and Bill Gates, both of whom created tech companies that are now household names.

Amazon has now made Bezos worth a whopping $100 billion, of which the last $35 billion was added in the past one year alone.

Meanwhile, Bill Gates has a personal fortune amounting to $91.6 billion, with only 10% of that being added in the last one year. Understandable, since his fortune and Microsoft are more “mature” than Bezos and Amazon.

In fifth place is Facebook’s Mark Zuckerberg with $73.2 billion, $23.3 billion of which was added in 2017.

In eight place is Oracle’s co-founder Larry Ellison with $53.1 billion in his piggy bank, and another Larry, Larry Page of Alphabet, Google’s parent company, is worth $52.6 billion in ninth place.

The Bloomberg Billionaires Index also shows that 38 of the world’s richest people are from China, including iconic business moguls like Jack Ma and Pony Ma (not related), both of whom operate in the technology segment.

In all, more than 10% of the world’s richest people are from the realm of technology. That’s more than a strong validation of the fact that tech is a major driver of the world’s economy.

And our final nugget for the day: Together, the world’s 500 richest people have added $1 trillion to their personal wealth in 2017. That’s more than the projected nominal GDP of Mexico for 2017!

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