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Tech titans rule the billionaires club

Published by on Sep 23rd, 2007, 1 Comment

Bill Gates ranked tops (surprise!) in Forbes’ newest list of the top 400 richest Americans with a commanding $59 billion. Half of the ten wealthiest earned their billions from the tech industry.Among those that made the $1.3 billion cutoff were five Googlers (GOOG), including employee #12 Omid Kordestani and early investor Ram Shriram. Three of Silicon Valley’s most influential VCs made the super rich list:  Kleiner Perkins” L. John Doerr and Vinod Khosla and Sequoia Capital’s Michael Moritz. The Valley’s most revered entrepreneur, Steve Jobs (APPL), made the No. 56 slot with $5.7 billion.
But striking it rich through tech is still a small and elite business. Just 10 percent of those on the list make their billions that way. Compare that to nearly 5 percent who make money by inheriting it. Here’s a look at the ten richest tech titans and their staggering net worth.

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  • http://www.daxdesai.com Invest with Dax

    You’ll start to see an influx of Billionaires from Asia soon, mostly tech. Some will be from infrastructure companies. Asia is creating billionaires in the infrastructure sectors similar to when the U.S. was becoming industrialized.

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