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Tech billionaires’ affluence grows by $81 billion in 2015

JeffBezos-Amazon

Tech tycoons succeeded to buck a drift that saw $19 billion spread from the wealth of the world’s billionaires in 2015.

The world’s richest people

1. Bill Gates – $83.6bn

2. Amancio Ortega – $73.2bn

3. Warren Buffett – $62.5bn

4. Jeff Bezos – $59.3bn

5. Carlos Slim – $53bn

6= Charles Koch – $50.4bn

6= David Koch – $50.4bn

8. Mark Zuckerberg – $46.1bn

9. Larry Page – $40.1bn

10. Larry Ellison – $39.9bn

 

Tech bosses like Facebook founder Mark Zuckerberg and Amazon’s Jeff Bezos saw their wealth balloon by $81 billion (£54.8 billion) or 13.8%.

Bezos, who also owns 3% stake in Business Insider and a US newspaper the Washington Post, accounted for about 40% of that progress after more than doubling his treasure. 

The Index shows he is worth $59.3 billion.

The world’s eighth richest man according to the ranking, Zuckerberg, has turned out to be $11.6 billion better off so far this year, giving him a $46.1 billion wealth.     

Earlier this month he promised to donate 99% of his Facebook shares, worth around $45 billion, through his and his wife Priscilla’s Chan Zuckerberg Initiative.

Microsoft’s Bill Gates, who stays the world’s richest man with $83.6 billion at his disposal, wasn’t so fortunate, however. The Microsoft co-founder has lost $3 billion in the last year.  

Outer tech, those in the financial world also achieved to boost their wealth. The likes of Point72 Asset Management founder Steve Cohen and became investor George Soros $5.7 billion richer.

Commodities, communications, and consumer goods billionaires were amongst the losers.

Bloomberg said, they were smashed by dropping commodities values and the China’s slowdown, which startled investors.

Mexico’s Carlos Slim was knocked out the toughest and saw his wealth shrivel by $19.6 billion, reflecting the 25% failure in shares of his America Movil telecommunications firm.

US billionaires vanished a collective $21 billion, while Europeans gained by the same amount. China’s billionaires in the meantime gathered in additional $38 billion.

In the UK, billionaires were up by $1.4 billion – a 2% rise equated with 2014.

The Duke of Westminster and boss of London-based real estate firm Grosvenor Group, Gerald Cavendish Grosvenor, was the UK’s richest citizen.

His worth was estimated at $14 billion, ranked at number 57 in the world, $623 million or 4.6% more than last year.

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