Although the shares of the world’s largest tech companies fell in March in response to the coronavirus pandemic, the founders of tech giants, starting with Jeff Bezos, still dominate the highest ranks of Forbes’ list of billionaires. Not only did the coronavirus pandemic dominate the headlines for much of March and April, it also led to large declines in stock markets around the world.
Falling share prices cut more than half of the tech fortunes on Forbes’ new list of the world’s billionaires, which this company compiles using stock prices and exchange rates on March 18, 2020. But the richest tech billionaires still dominate the top ranks on the list.
Nine of the 20 richest people in the world are tech moguls. Jack Ma entered the top 20 this year, bringing the total up. The 20 richest people in technology have a total net worth of 740 billion dollars, down from 758 billion last year.
This article focuses on the top 10 richest tech billionaires in the world according to Forbes 2020 ranking.
10 Wealthiest Tech Billionaires In The World 2020 Forbes
1) Jeff Bezos
Fortune: $175.3 billion
A tech billionaire, also the owner of Blue Origin and The Washington Post, is the first person whose fortune exceeds 100 billion dollars. In mid-March, Amazon announced that it would hire 100,000 full-time and part-time workers at its delivery networks and distribution centers to meet increased demand from stay-at-home consumers in response to the coronavirus pandemic. By the end of the month, at least 10 of his warehouse workers had COVID-19. On April 2, Bezos posted on Instagram that he would donate $ 100 million to Feeding America, a non-profit organization that operates a network of food banks in the United States. Bezos’ net worth fell to about $ 131 billion last year after he gave his ex-wife MacKenzie Bezos $ 36.8 billion in Amazon stock as part of their divorce settlement in mid-2019. Currently, Jeff Bezos net worth is $175.3 billion, placing him on the NO1 list of the wealthiest tech billionaires in the world.
2) Bill Gates
Fortune: $105.6 billion
Gates ranks 2nd on the list of the world’s richest tech billionaires with a fortune of $ 98 billion. Bill Gates, second among the world’s billionaires, announced in March that he was stepping down from the board of Microsoft, the software company he co-founded with Paul Allen in 1975 and then led as CEO until 2000. In February, his foundation said it would spend up to $100 million on the coronavirus problem as well as vaccines. Gates’ fortune rose to $96.5 billion last year, in part due to an increase in Microsoft’s share price.
3) Mark Zuckerberg
Fortune: $99.6 billion
Facebook received a historic $ 5 billion fine from the Federal Trade Commission in July for allegedly violating consumer privacy. The social network, which has almost 3 billion users, has become a communication tool. It was also the first major tech company to announce plans to pay all workers a $ 1,000 bonus to help offset the economic impact of the coronavirus. Mark Zuckerberg net worth is estimated to be $99.6 billion.
4) Elon Musk
Fortune: $93.7 billion
Elon Musk is the CEO of Tesla and SpaceX, Musk also has other companies like The Boring Company, a tunnel infrastructure company.
Elon Musk net worth is currently $93.7 billion dollars and he has maintained the top 10 richest tech billionaires in the world for many years now.
5) Larry Ellison
Fortune: $78.7 billion
6) Steve Ballmer
Fortune: $69.6 billion
Now ranked as the 6th tech billionaire, Ballmer’s estate was worth $ 41.2 billion last year. Ballmer’s LA Clippers recently partnered with the LA Kings, LA Lakers and the Staples Center to provide financial support to hourly event employees affected by the suspension of sports events in the arena. He bought the Clippers in 2014, the same year he resigned as CEO of Microsoft.
7) Larry Page
Fortune: $64.4 billion
Page stepped down as CEO of Alphabet, Google’s parent company, but remained a member of the board. US President Donald Trump turned to Google to establish a website for Americans to find nearby coronavirus screening sites; was released on March 16, with information on four counties in California. Page’s fortune has risen by $100 million since last year, placing him as the 7th richest tech billionaires in the world.
8) Sergey Brin
Fortune: $62.7 billion
Brin stepped down as president of Alphabet, Google’s parent company just like Page, he continues as a shareholder on the board. His fortune decreased by $ 700 million from the 2019 list. He ranks 8th among the world’s richest tech billionaires and entrepreneurs.
9) Ma Huateng
Fortune: $56.9 billion
Stuck at home, many Chinese took their mobile phones to play online games distributed by Tencent, increasing the use of the game. In February, Tencent announced a $210 million fund for health care and support for those in need. Ma’s net worth is down to $ 38.8 billion last year, yet he’s still in the top 10 of the world’s tech billionaire, ranking 9th.
10) Jack Ma
Fortune: $50.4 billion
Jack Ma retired as president of online shopping giant Alibaba Group in September 2019 and said he would get more involved in philanthropy. In March, the Jack Ma Foundation announced that it would donate one million masks and 500,000 coronavirus test kits to the United States; In early April, his foundation helped bring 1,000 much-needed fans to New York, according to New York governor Andrew Cuomo. Ma’s fortune has grown by 1.5 billion since last year making him the 10th richest tech billionaire in the world.