Top 10 Richest People in the United States in 2023
The 400 richest Americans have once again been listed in the prestigious Forbes magazine’s annual list. Because of inflation brought on by the conflict in Ukraine, it emphasizes how few millionaires there are in the US.
One of the most notable aspects is that Facebook’s founder Mark Zuckerberg isn’t among the top 10 for the first time since 2014.
Meta Platforms’ share price collapse, which cost it $74 billion in losses, is the root of the problem. Up to eight millionaires manage to squeak into the top 20 richest, with technology standing out the most.
Elon Musk now stands at the top of the list, replacing Jeff Bezos at number one for the first time since 2017.
Here is a list of the ten wealthy people in America based on net worth as of September 2, 2022.
1. Elon Musk
Basic Details
Name: Elon Reeve Musk
Age: 51 years
Nationality: American, South African, Canadian
Spouse: Talulah Riley, Justine Musk
Children: 10 kids
Education: Elon Musk earned a Bachelor’s degree in Physics and a Bachelor’s degree in Economics from the University of Pennsylvania. He also attended Stanford University for a Ph.D. program in Applied Physics and Material Sciences, but he dropped out after two days to pursue entrepreneurship.
Summary
On Forbes’ 2023 list of the World’s Billionaires, Musk surpassed Jeff Bezos to claim the title of the richest person in the world, helped along by a rise in the share price of car manufacturer Tesla. Musk, who came in at number two on Forbes’ 2021 list, first appeared on the Forbes billionaires list in 2012 with a $2 billion net worth.
Over the course of two months last year, the Tesla CEO sold more than $16 billion in the net wealth of the electric car manufacturer’s stock, likely racking up the largest individual tax bill in history. Who cares, anyway? Over the past year, his fortune has increased by $68 billion.
2. Jeff Bezos
Basic Details
Name: Jeffrey Preston Bezos
Age: 59 years
Nationality: American
Spouse: MacKenzie Scott
Children: Preston Bezos
Education: He has degrees in electrical engineering and computer science from Princeton University
Summary
For the first time in four years, Jeff Bezos is not the richest person in the world. Due to a 3% decline in Amazon stock and an increase in his charitable giving, his fortune has decreased by $6 billion from a year ago.
Since stepping down as CEO in July, he has concentrated on other projects: his commercial space company, Blue Origin, sent him into space last summer; there are rumors that he has purchased a superyacht; and he increased his charitable giving by giving more than $1 billion in 2021 to organizations like the Barack Obama Foundation and environmental groups.
3. Bill Gates
Basic Details
Name: William Henry Gates III
Age: 67 years
Nationality: American
Spouse: Melinda French Gates
Children: Phoebe Adele Gates, Rory John Gates, Jennifer Catherine Gates
Education: He dropped out of Harvard College in 1975
Summary
The now-divorced co-founder of Microsoft has been writing a lot; a book on combating climate change was published last year, and a book about averting another pandemic will be released in May. In March, the Bill & Melinda Gates Foundation joined a coalition to create drug candidates to fight upcoming global infectious diseases.
4. Warren Buffet
Basic Details
Name: Warren Edward Buffett
Age: 92 years
Nationality: American
Spouse: Susan Buffet, Astrid Menks
Children: Howard Graham Buffett, Peter Buffett, Susan Alice Buffett
Education: Columbia business school
Summary
Warren Buffet is next on the list of billionaires in the US. Following a number of transactions, Berkshire Hathaway stock is at record highs. Three months before Microsoft’s agreement to purchase Activision Blizzard for $69 billion last fall, Buffett placed a well-timed wager on the video game company, investing $1.1 billion in its stock.
Due to the rising oil price, Berkshire Hathaway purchased Occidental Petroleum stock this year for about $7 billion. When Berkshire decided to buy insurer Alleghany for $11.6 billion in cash in March, he oversaw the largest acquisition in recent memory.
5. Larry Page
Basic Details
Name: Larry Page
Age: 49 years
Nationality: American
Spouse: Lucinda Southworth
Children: He has two children with his wife, Lucinda Southworth.
Education:
Bachelor of Science in computer engineering from the University of Michigan
Master of Science in computer science from Stanford University
Ph.D. in computer science from Stanford University
Summary
According to the most recent Forbes list of the world’s billionaires, Larry Page’s net worth is a staggering $111 billion. Actually, the Google founder is behind his co-founder, Sergey Brin, who has $107 billion. After Warren Buffett, Elon Musk, Bernard Arnault, Bill Gates, and Jeff Bezos, Page comes in at number six, just outside the top five richest people on the planet.
Like many of the richest tech billionaires in the world, Larry Page’s net worth has increased more than two-fold since the beginning of COVID-19. This is because a lockdown causes a spike in online activity. The current value of Larry Page’s fortune has risen from $50.8 billion in 2019 to over $111 billion.
6. Sergey Brin
Basic Details
Name: Sergey Brin
Age: 48 Years
Nationality: American
Spouse: Nicole Shanahan
Children: He has two children with his ex-wife, Anne Wojcicki.
Education:
Bachelor of Science in mathematics and computer science from the University of Maryland
Master of Science in computer science from Stanford University
Ph.D. in computer science from Stanford University
Summary
Google co-founders Page and Brin (shown above), who together run the firm and sit on its board of directors, began selling shares last year for the first time since 2017. Since May 2021, each has received more than $1 billion in cash, according to Forbes.
7. Larry Elison
Basic Details
Name: Larry Ellison
Age: 77 Years
Nationality: American
Spouse: Melanie Craft
Children: He has two children, Megan Ellison and David Ellison, from his previous marriage to Barbara Boothe.
Education:
Attended University of Illinois at Urbana-Champaign and University of Chicago for one semester each
Did not graduate from college
Summary
As a result of shareholders applauding Oracle’s transformation into a cloud-based business, its chairman and former CEO now have an additional $10 billion in wealth. Ellison – one of the Richest people in the US, purchased a resort on Lake Tahoe for $345 million in September. His extensive real estate holdings include ten or more properties on Malibu’s opulent Carbon Beach and the Hawaiian island of Lanai, which he purchased for $300 million in 2012.
8. Steve Ballmer
Basic Details
Name: Steve Ballmer
Age: 65 Years
Nationality: American
Spouse: Connie Snyder
Children: He has three children.
Education:
Bachelor of Science in Applied Mathematics and Economics from Harvard University
Master of Business Administration from the Stanford Graduate School of Business
Summary
Forbes now values the Los Angeles Clippers, an NBA team, at $3.3 billion, up from the lofty $2 billion that the former CEO of Microsoft paid for them eight years ago. Not a bad investment. But the stock of Microsoft has really allowed Ballmer to run up the score; its shares have increased by more than 600% during that time, boosting his wealth by more than $65 billion.
9. Michael Bloomberg
Basic Details
Name: Michael Bloomberg
Age: 80 Years
Nationality: American
Spouse: Georgina Bloomberg (partner)
Children: Bloomberg has two daughters from his previous marriage, Emma and Georgina Bloomberg.
Education: Master of Business Administration from Harvard Business School
Summary
In November, the man whose Bloomberg terminals run Wall Street pledged $120 million to fight drug overdoses, and in December, he committed $750 million to support charter schools. The former mayor of New York contributed $1.2 billion to the Democrats’ cause in the 2020 election cycle, including more than $1 billion for his failed presidential bid. In a recent opinion piece, he expressed additional pessimism about 2022 and cautioned Democrats that, except a quick course correction, the party is headed for a wipeout in November.
10. Mark Zuckerberg
Basic Details
Name: Mark Zuckerberg
Age: 37 Years
Nationality: American
Spouse: Priscilla Chan
Children: Zuckerberg and Chan have two daughters and one son.
Education: Attended Harvard University but dropped out before completing his degree.
Summary
As Zuckerberg sets his sights on creating the nebulously defined (and potentially undesirable) techtopia known as the “metaverse,” Facebook changed its name to Meta Platforms in October.
Zuckerberg has good reason to leave the material world, where Meta shares have fallen by 50% since their September peak. His net worth is $67.3 billion in total. He is not among the world’s top ten richest people for the first time in six years.
Bottom Line
Even though these business moguls may not always apply what they learned in school to their careers, it is true that a focused education can alter a person’s perspective and pave the way for a different kind of success. We hope that his article on the Top 10 Richest People in the United States in 2023 will motivate you in a variety of ways.
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