The Forbes 400 List Of Richest Americans Highlights

Money

Despite the COVID-19 pandemic, it has been an excellent year for billionaires in the US, according to Forbes 400 List Of Richest Americans. Members’ collective worth skyrocketed up to USD4.5 trillion, which is an impressive 40 percent increase over last year’s USD3.2 trillion. 

A good year for Wealthy Americans

America’s richest billionaires are wealthier than ever before that the cut-off limit to make it onto the prestigious list was raised to USD 2.9 billion. The minimum net worth knocked billionaires like Donald Trump and Oprah Winfrey off the list. 

America’s Richest

Founder and chairman of Amazon, Jeff Bezos, held on to his number one spot for the fourth year in a row. Bezos is USD22 billion richer than last year, with a net worth of USD201 billion, making him the first person on the list worth more than USD200 billion.  

In second place came Elon Musk, worth USD190.5 billion, which is a 200 percent increase to his personal fortune since last year. This came as a result of a huge rise in the price of Tesla’s shares. 

Facebook’s Mark Zuckerberg came in third place after a 63 percent increase in Facebook stock since last year. Bill Gates, who held one of the top two spots over the past 30 years, came in fourth place. This is mainly due to his divorce from former wife Melinda French Gates in May. After 27 years of marriage, Gates transferred approximately USD5.6 billion worth of stock in different companies to his Ex-wife. 

Important Forbes 400 Figures

A total of 44 newcomers joined the list, the richest of whom is cryptocurrency entrepreneur Sam Bankman-Fried (29), worth USD22.5 billion. Bankman-Fried is also the youngest member of the list and richest self-made newcomer in the history of Forbes. 

Fifty-six women made The Fobes 400 including Melinda French Gates, following her divorce,  and Miriam Adelson, the heir to her late husband Sheldon Adelson’s stake in the Las Vegas Sands casino empire. America’s richest woman for the seventh year in a row is Walmart heir Alice Walton, who is worth approximately USD67.9 billion.  

More than 280 list members are self-made billionaires who have either started a company or were hired by someone to build one. While, 61 individuals inherited their fortune, in addition to 57 others who inherited and then worked on increasing their fortunes. 

Source: Forbes 

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