Forbes has released its annual billionaires list.
This is the 27th year the publication has put together the ranking.
A majority of the individuals on the tech portion of Forbes' massive list are self-made.
Bill Gates is still the richest man in technology, his net worth increased by $1 billion between 2012 and 2013.
The Forbes 400 is out and once again plenty of tech people made the list.
We've gathered the 15 richest people in tech on the list. The biggest change from last year is that Mark Zuckerberg has taken a big fall. Turns out the public markets don't value Facebook the way private markets did.
Other than Zuckerberg, just about everyone else's wealth grew as the markets were friendly to older, more traditional tech companies.
To cash in online you need to be a game-changer. When Mark Zuckerberg launched Facebook, there was nothing like it. He is now worth $17.5 billion according to recent Forbes valuations. Drew Houston saw money to be made in online storage, and co-founded Dropbox, the web-based tool that hit $240 million in revenue in 2011. Eric Lefkofsky spotted the potential in Groupon and gave $1 million to CEO and founder Andrew Mason. Last year, Lefkofsky made the Forbes Billionaires list with a net worth of $2.9 billion. There are still fortunes to be made online, and we have found five ways to do so.
Let’s be honest, we all get a little jealous when we see how young these billionaires really are and how much money they make. Most of us would have to work many lifetimes in order to come even close to what these five billionaires generate, but how do they make so much money?
Find out how each of these young billionaires made their billions through this very interesting infographic.
Inc.'s Jeff Haden recently published an article, How the Rich Got Rich, and examined an annual IRS report, 400 Individual Tax Returns Reporting The Largest Adjusted Gross Incomes.
According to the IRS report, here's how the top 400 made their fortunes (their average earnings in 2009 were $202.4 million)...
Wages and salaries: 8.6%
Interest: 6.6%
Dividends: 13%
Partnerships and corporations: 19.9%
Capital gains: 45.8%
Who are the richest Internet entrepreneurs of all time?
The Internet has made a lot of insanely smart/lucky/dedicated people, insanely wealthy. Since the dawn of the web, anyone with the right idea and a willingness to work hard has been able create a massive personal fortune.
Billion dollar companies have been born and built out of bedrooms, dorm rooms, cars, garages and pretty much every location imaginable. Internet entrepreneurs have come up with digital solutions for services in nearly every single brick-and-mortar industry.
Whether it’s new and innovative ways for people to connect with friends, share content, find results or market products, the richest Internet entrepreneurs have profited hugely from connecting consumers to the World Wide Web. These geeks have literally revolutionized the way business is carried out around the globe, or have changed the way we interact with each other on a daily basis.
CNBC's Maneet Ahuja writes about the hedge fund industry's most prominent figures in her new book Alpha Masters. Here are 9 excerpts from the book.
There are some things money can’t buy; happiness, love, true friendship. For everything else, such as totally awesome hotel room, money will do the trick quite nicely. For a bill measured in tens of thousands of dollars a night, you can live in the lap of luxury with your own cook, butler and concierge while taking in the most amazing views from your private balcony.
Hey, if you’ve got the cash, why not? Just in case you ever find yourself on receiving end of a hefty lottery win or discover a sizeable oil deposit in your garden, here are the most incredible hotel designs money can hire...
As you may have heard, a bunch of people just acquired Scrooge-McDuck quantities of cash thanks to this morning's Facebook IPO. So exactly who is walking around with an extra billion dollars in their bank account? Here's a visual breakdown of everyone who sold their shares today, and how much they made.
There has been a lot of fighting about the possibility of raising taxes on the highest-earning Americans.
There has also been frustration about how much President Obama's healthcare plan will eventually cost Americans, especially high-income Americans.
If you’ve heard of trust funds but don’t know what they are or how they work, you’re not alone. For a large amount of people, they may know one key fact about trust funds: They’re set up by the ultra-wealthy as a way to give to their family, friends or entities after they pass away. But only part of the conventional wisdom is true. Trust funds are designed to allow a person’s money to continue to be useful well after they pass away, but trusts aren’t only reserved for ultra-high net worth individuals. Middle class citizens have the ability to set up trust funds too.
Last week it was announced that Facebook would be releasing their initial public offering (IPO), which estimates the value of the company at roughly $100 billion, in an effort to raise $5 billion in funds. This is a huge step for the company, who have been in no hurry to make the company go public, and with this new valuation, it makes a whole lot of people very rich indeed, possibly even 1000 millionaires. That would mean giving 7 figure payouts to nearly 1/3 of the company’s workforce.
Here’s our latest infographic which highlights nine entrepreneurs who became millionaires before they turned 30. Mark Zuckerberg, who at age 27 has an estimated personal net worth of $17.5 billion, tops the list, followed by Groupon founder Andrew Mason ($1.3 billion) and Firefox founder Blake Ross ($150 million).
The band is getting back together: Seven years after winning the $10 million Ansari X Prize, software billionaire Paul Allen and aerospace guru Burt Rutan are teaming up with SpaceX and other top-flight rocketeers to create an air-launched orbital delivery system. They say the venture will require the construction of the largest aircraft ever flown.
In an Bloomberg op-ed yesterday, venture capitalist Nick Hanauer laid out a very different point of view on the age-old, Republican-favored argument of "if taxes are raised on the rich, job creation will stop." This particular point has been at the forefront in opposing nearly every policy debate about raising taxes on the rich.
New York City's Broadway is the oldest north to south street in NYC and one of the most famous streets in the entire world. It's also a street that shows the stark differences that exist in NYC only a few blocks away. This time lapse video shows you those differences.
Three years ago, research firm Forrester said "Windows is the only desktop you need support."
Not any more.
In a report released yesterday, analyst David Johnson recommended that IT departments should formally support Macs as well because the best employees prefer them and are bringing them to work anyway.
They say that being in the top job of any organization is stressful, but that the pay is worth it. It seems the same is true when it comes to the government — as these super-rich heads of state show. Who says working in the public sector has to pay badly?
Eco-design guru Luigi Colani's career spans decades with works that many have labeled far ahead of their time. Check out some of the pictures from the automotive section of his latest exhibition.
The Forbes 400 is out and once again plenty of tech people made the list.
Microsoft and Google executives play a big role in this year's list, but Facebook's founders and early investors are shooting up it as well.
