The Three Richest Men In The World Now Are All Tech Moguls, Mark Zuckerberg Takes Third Spot

10 July, 2018
The Three Richest Men In The World Now Are All Tech Moguls, Mark Zuckerberg Takes Third Spot
Among the richest men in the world are two of the biggest tech icons of our generation. It was only a little while ago that Amazon CEO Jeff Bezos took over Microsoft’s Bill Gate’s spot at #1. But now, there’s a new tech mogul in the top 3. 

Facebook CEO Mark Zuckerberg has just taken the third spot on the list of richest people in the world, wrenching the title away from investment king Warren Buffett. This is a huge event, because it’s the first time in history that the three richest people in the world all have their fortunes thanks to the technology industry.

Zuckerberg, 34, is now worth $81.6 billion, roundabouts $373 million more than 97-year-old Buffett, chairman and CEO of Berkshire Hathaway. Of course, it’s only fair to point out that Buffett was once the richest man in the world, but has been dropping in the rankings since he began increasing his charitable efforts in 2006. Zuckerberg has also said he intends to give up 99 percent of Facebook’s stock over time, but there’s still decades for him to do that.

Meanwhile, Gates is sitting pretty at $94.2 billion, having also dropped from his recent #1 spot thanks to his charity works. Bezos meanwhile reigns supreme with a massive $142 billion net worth. 

It’s also important to note that, aside from the top 3 coming from a technology background, a total of six members of the world’s top 10 richest list are from the tech industry. It’s rounded of by Larry Page, Sergey Brin, and Larry Ellison at spots 8, 9, and 10. Ellison is the co-founder and CTO of Oracle, while Page and Brin co-founded Internet giant Google.

Despite Facebook's scandal this year involving Cambridge Analytica, a digital consultancy that improperly accessed data on up to 87 million Facebook users without their consent, the company said in April that sales rose almost 50 percent year over year to $11.97 billion. Technology fortunes make up around one-fifth of the $5 trillion wealth of the 500 richest tracked by Bloomberg’s index.
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