Home / AMERICAN NEWS / Bill Gates Ranked Richest American by Forbes For 21st Straight Year

Bill Gates Ranked Richest American by Forbes For 21st Straight Year

Microsoft co-founder Bill Gates nabbed the top spot on Forbes’ latest list of 400 richest Americans for the 21st straight year.

bill gates

Forbes richest American, Bill Gates, nabs the #1 spot for the 21st year in a row. (Image: Wikimedia)

The list, released on Monday, didn’t waver much for 2014 and showed that the rich are definitely getting richer. The combined wealth of those on the list rose 13 percent to a staggering $2.29 trillion, aided by a stronger U.S. stock market. Gates’ net worth soared to $81 billion, up $9 billion from 2013.

Investor Warren Buffet, the head of Berkshire Hathaway Inc., remained in second place at $67 billion. Oracle Corp. co-founder Larry Ellison also held on to his No. 3 spot with $50 billion.

Brothers Charles and David Koch, co-owners of Koch Industries Inc., remained tied for fourth with $42 billion each.

There were 27 new members popping up on the list, including WhatsApp co-founder Jan Koum in the 62nd slot. Facebook announced plans to buy the mobile messaging app for $19 billion in February.

Other new comers include: Russ Weiner (#249) of Rockstar Energy

The biggest gainer is Facebook CEO Mark Zuckerberg, No. 11, whose net worth increased $15 billion since last year to $34 billion. $2.5 billion, Travis Kalanick (#190) of Uber Technologies at $3 billion, and David Walentas (#368), and a real estate developer who made his fortune by rebuilding the Dumbo area in Brooklyn, New York, at $1.7 billion. The biggest gainer is Mark Zuckerberg of Facebook infamy (#11) whose net worth grew $15 billion since last year; he is currently worth $34 billion. Nicholas Woodman also had a great year, increasing his fortune by 200% to $3.9 billion, tripling from $1.3 billion last year, making the GoPro founder the largest percentage gainer this year (#129).

The net worth of America’s wealthiest people has risen in the years since the financial crisis hit, widening the gap between the exceptionally wealthy and the rest of the country. The average net worth of a Forbes 400 member is $5.7 billion, up from $5 billion last year.

Bill Gates Ranked Richest American by Forbes For 21st Straight Year

About Chelsea Alves