Richest People in America – Top 10 Billionaires
Who are the richest people in America? After reading the article about Richest People in the World, you may be interested in knowing about the answer to the question. So far, USA is the largest economy on the planet only followed by China. Generation of wealth is synonymous with the name of this country. And it is not shocking to see the majority of world billionaires are from this most powerful nation. This content presents the names of top 10 billionaires who are the wealthiest citizens of the United States of America. Along with the name, after the dash is the net worth.
Must Read: Richest Women in America
#1) Bill Gates – The Richest Man in America
Net Worth: $79 Billions
Son of a lawyer based in Seattle, Bill Gates is the richest American in the world. He is the chairman of the software company Microsoft and also one of the founders of it. He was a geek in childhood and a voracious reader. He dropped out of Harvard University to start his first company along with his friend Paul Allen and this led to the birth of Microsoft Corporation. His company has been at the center of PC revolution along with Apple and IBM. Their operating system with a rich GUI (Graphic User Interface) led a PC revolution. One of the famous quotes of Gates is:
Life is not fair. Get used to it.
#2) Warren Buffett – One of the Richest People in America
Net Worth: $66.1 Billions
One of the most successful investors of 21st century, Warren Buffet ranks continuously as one of the richest citizens of the United States. Buffett is a well-known value investor throughout the world. His investing philosophy is widely followed and it is based on the principles set forth by Benjamin Graham, who is widely accepted as Father of value investing. He is CEO of investment firm Berkshire Hathaway, which was once a cotton textile manufacturing mill. Through Berkshire, Buffett holds significant stake in well-known giant companies like IBM, Coca-Cola and Heinz. Also, he fully owns many of the reputed companies through Berkshire.
#3) Larry Ellison
Net Worth: $50.9 Billions
Cofounder of the database management company, Oracle, Larry Ellison is a well known American billionaire..He resides in Woodside of California state. Recently, this Oracle Corporation had purchased a house on Malibu’s Carbon Beach. An ardent follower of Tennis, Larry Ellison owns many sports and exotic cars along with several private aircraft. Back in the last year, Ellison was widely reported to have been in talk for the purchase of the Hawaiian island of Lanai for an amount which everyone will envy. The deal was estimated to be in the $500-$700 millions. He has got an appetite for fighter jets, airplanes, islands and luxurious yachts. His yacht ‘Rising Sun’ is one of the largest and also one of the most expensive yachts in the world.
#4) Charles Koch – $25B
Net Worth: $41.6 Billions
An alumnus of the Massachusetts Institute of technology, this American billionaire is very private about his life and company. He owns a forty-two percent stake in Koch industries. This Koch of the wealthy Koch family actually took over the reigns of Koch Industries from his father. His father was a lesser known scientist who developed an innovative method of thermal cracking which increased the profit margins in the gasoline industry. Along with his brother, he forms one of the richest billionaire’s family.
#4) David Koch – $25B
Net Worth:$41.6 Billions
David is the other famous Koch. Together with Charles, he bought out the stakes of the other two brothers way back in 1983. Since then, the company has increased in revenues and profit, which is only known to a few as the company is private and unlisted. When asked about the company making it to the stock market, David replied its only over his dead body. Like his brother, he too studied at Massachusetts Institute of technology. Now, he is the executive Vice President of Koch Industries.
#6) Sheldon Adelson – $24.9B
Net Worth: $38.1 Billions
Born in the city of Boston in the state of Massachusetts, Sheldon Adelson is a renown casino mogul. A Major chunk of his wealth is derived from investments in casinos. He dropped out of college to embark upon his business career. He owns a significant amount of ownership in Las Vegas Sands. Keeping in mind the growth potential of casinos in the region of Macau, he has invested billions of dollars over there. He owns a newspaper company named ‘Israel Hayom’ which circulates in the country of Israel. He was much in news for spending more than $100 million in 2012 US Presidential Elections.
#7) Christy Walton
Net Worth: $37.7 Billions
Richest Woman in the world and also in America, Christy Walton is daughter-in-law of deceased Sam Walton. Sam Walton was the founder of biggest retailer Wal-Mart. She is the widow of the eldest son of Sam Walton. She also holds stakes in First Solar which manufactures Solar panels in America. Her family members are also billionaires. A surge in the price of stocks of First Solar and Walmart, her wealth has also increased.
Richest Family in America and also on Earth
Remaining three people, derive their wealth from Wal-Mart. All the three people are children of Wal-Mart founder Sam Walton. Together they form the Richest Family in America and in the world.
#8) Jim Walton
Net Worth: $35
Jim Walton is the chairman of Arvest bank and also the youngest son of Sam Walton. During the 2012 US Presidential elections, he donated millions of bucks to the campaign of Mitt Romney. He is a conservative Republican. He now looks after Arvest bank, which is owned by the Walton family. The bank was purchased by his father way back in the 1960s in Arkansan. Through mergers and acquisitions, it has grown to become one of the biggest banks in USA.
#9) Alice Walton – $23.3B
She is sister of Jim and Samuel and one of the most powerful women in the world. She has a net worth of $23.3 billion, according to Forbes and is the second richest woman in America. She is the only daughter of the late Sam Walton. Her wealth is inherited. Back in the year 2012, Time Magazine included her in the list of most influential people in the world. She received an honorary degree from the University of Arkansas.
#10) Michael Bloomberg – Another richest person in America
Net Worth: $34.9 Billion
If you have heard of Bloomberg TV or Bloomberg terminal or Bloomberg newspaper, then you are in a position to judge who owns them. This man Michael Bloomberg owns all of them. A Jewish billionaire, his upbringing has been tough. But he made it all through. He has been three times mayor of New York City and has won the elections decisively.
#11) Samuel Robson Walton – $23.1B
Eldest of all the siblings in Walton family, Rob is the tenth in this list. Before starting his career with Wal-Mart, he worked with a law firm.
With this ends the list of top ten richest Americans in the world. This was true at the time of writing this article.
Important Note: This information may not be current some times as the top 10 ranks change with each year. Any time, you can check a fresh list at Forbes Richest American.