Forbes Releases its Annual Forbes 400 List of Richest Americans

The members’ collective wealth has risen 40% over the last year.

Tech
15,636 Hypes 11 Comments

Forbes has officially announced its annual list of the 400 richest Americans. The year’s list saw an overall increase in wealth by 40% from $3.2 trillion to $4.5 trillion USD and a raised cutoff net worth from $2.1 billion to $2.9 billion USD. Below is a brief rundown of the facts and figures.

For the fourth consecutive year, Amazon founder Jeff Bezos tops the list with a value of $201 billion USD. Following him closely at second is Elon Musk who tripled in net worth since last year to $190.5 billion USD in large part due to the runup in Tesla shares. Taking the third spot is Mark Zuckerberg, followed by Bill Gates who misses the top two spots for the first time in three decades. Google co-founder Larry Page completes the top five.

51 billionaires dropped from the list including Donald Trump and Oprah Winfrey, while 44 newcomers are introduced to the rankings, with the wealthiest individual also happening to be the youngest. Crypto entrepreneur Sam Bankman-Fried, the founder of cryptocurrency exchange FTX, joins the list as the richest self-made newcomer in the history of The Forbes 400. Seven cryptocurrency entrepreneurs join the list this year as well including Coinbase co-founders Brian Armstrong and Fred Ehrsam. Other introductions include R.J Scaringe, founder of the electric automaker Rivian and former pro gambler Jeff Yass.

The number of women on the Forbes 400 remains constant at 56, and just 14 members on the list are under 40. Regarding regional distributions, most of America’s wealthiest choose to reside in California with 89 members based in San Francisco, followed by 67 in New York and 37 in Texas and Florida.

Head over to the Forbes website for the full rundown and list.

In other news, BLACKPINK’s Lisa smashes Guinness World Record with debut single “LALISA.”

Read Full Article

What to Read Next

Sam Bankman-Fried Pleaded Not Guilty to Fraud Charges and Elon Musk Became the First Person Ever to Lose $200B USD in This Week’s Tech Roundup
Tech 

Sam Bankman-Fried Pleaded Not Guilty to Fraud Charges and Elon Musk Became the First Person Ever to Lose $200B USD in This Week’s Tech Roundup

Meta was also hit with a $410 million USD fine.

NAV Tags Travis Scott and Lil Baby for "Never Sleep"
Music

NAV Tags Travis Scott and Lil Baby for "Never Sleep"

The lead single off NAV’s upcoming album ‘Demons Protected By Angels.’

Sprite to Phase Out its Signature Green Bottles
Food & Beverage

Sprite to Phase Out its Signature Green Bottles

To improve the quality of the recycled material.


Calvin Harris Enlists Tinashe, Normani and Offset for New Single "New To You"
Music

Calvin Harris Enlists Tinashe, Normani and Offset for New Single "New To You"

His album ‘Funk Wav Bounces Vol. 2’ drops August 5.

Digging for Gold: Puerto Rican and Colombian Reggaeton
Music 

Digging for Gold: Puerto Rican and Colombian Reggaeton

An intro to some of Latin America’s finest.

Supreme x Nike Cross Trainer Low Fall 2021 Collaboration
Footwear

Supreme x Nike Cross Trainer Low Fall 2021 Collaboration

Featuring two tri-tone colorways.

Victrix Unveils the World's Fastest Xbox Controller
Gaming

Victrix Unveils the World's Fastest Xbox Controller

Along with a premium headset for the Xbox, PlayStation and PC.

Fucking Awesome Delivers Drop 2 of its FW21 Collection
Fashion

Fucking Awesome Delivers Drop 2 of its FW21 Collection

Another expansive range of wears for the season.

Virgil Abloh and Mercedes-Maybach's "Project MAYBACH" Will Redefine Luxury Electric Travel
Automotive

Virgil Abloh and Mercedes-Maybach's "Project MAYBACH" Will Redefine Luxury Electric Travel

Abloh wants to enter “a new age of discovery,” and you’re invited to experience his next venture.


Report Reveals Tech Companies Are the World's Most Valuable Brands in 2021
Tech

Report Reveals Tech Companies Are the World's Most Valuable Brands in 2021

Amazon and Apple take the top two spots on the roster.

Paul McCartney Claims John Lennon Initiated The Beatles Breakup
Music

Paul McCartney Claims John Lennon Initiated The Beatles Breakup

“That was our Johnny coming in one day and saying ‘I’m leaving the group.’”

Louis Vuitton Reimagines Les Extraits Fragrance Collection With Architect Frank Gehry
Fashion

Louis Vuitton Reimagines Les Extraits Fragrance Collection With Architect Frank Gehry

Introducing five new perfumes and a custom fragrance trunk.

AndaSeat Launches NAVI Edition Premium Gaming Chair
Gaming

AndaSeat Launches NAVI Edition Premium Gaming Chair

Available in black or yellow.

Tekla Expands Linen Bedding Collection for Fall 2021
Design

Tekla Expands Linen Bedding Collection for Fall 2021

Introducing “Powder Blue” and “Black Pinstripe.”

More ▾
 
Subscribe to our Newsletter

Gain access to exclusive interviews with industry creatives, think pieces, trend forecasts, guides and more.

By subscribing, you agree to our Terms of Use and Privacy Policy.

Looks like you’re using an ad-blocker

We charge advertisers instead of our readers. Support us by whitelisting our site.

Whitelist Us

How to Whitelist Us

screenshot
  1. Click the AdBlock icon in the browser extension area in the upper right-hand corner.
  2. Under “Pause on this site” click “Always”.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the AdBlock Plus icon in the browser extension area in the upper right-hand corner.
  2. Block ads on – This website” switch off the toggle to turn it from blue to gray.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the AdBlocker Ultimate icon in the browser extension area in the upper right-hand corner.
  2. Switch off the toggle to turn it from “Enabled on this site” to “Disabled on this site”.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the Ghostery icon in the browser extension area in the upper right-hand corner.
  2. Click on the “Ad-Blocking” button at the bottom. It will turn gray and the text above will go from “ON” to “OFF”.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the UBlock Origin icon in the browser extension area in the upper right-hand corner.
  2. Click on the large blue power icon at the top.
  3. When it turns gray, click the refresh icon that has appeared next to it or click the button below to continue.
screenshot
  1. Click the icon of the ad-blocker extension installed on your browser.You’ll usually find this icon in the upper right-hand corner of your screen. You may have more than one ad-blocker installed.
  2. Follow the instructions for disabling the ad blocker on the site you’re viewing.You may have to select a menu option or click a button.
  3. Refresh the page or click the button below to continue.