November 28, 2022

It’s no secret that tech leaders wield a large influence when it comes to positioning the world’s richest people. Eight out of the top 20 billionaires in the world gained their wealth through the tech sector. Of those tech billionaires, seven are amongst the top 10 richest overall.

The tech billionaires on the list received their fortunes through industries including automotive, online retail, software as well as social media. The top seven tech entrepreneurs have a collective net worth topping $936 billion. 

Want to learn more about who are the richest people in tech? Here are our top picks.

Bill Gates

Bill Gates turned his fortune from software firm Microsoft into diversified holdings such as investments in zero-carbon energy. In May 2021, Bill and Melinda Gates each stated on Twitter that they were ending their marriage after 27 years. However, they still co-chair the charitable Gates Foundation.

Gates, who cofounded Microsoft with Paul Allen in 1975, transferred almost $6 billion worth of shares in public companies to Melinda as part and parcel of the divorce settlement. As of March 2020, when Gates stepped down from the Microsoft board, he owned around 1.3% of the software and computing company’s shares.

Elon Musk

With an estimated net worth of almost $270 billion, this Tesla and SpaceX chief executive is the richest person in the world. Elon Musk, who well-nigh lives in the news cycle, has made some massive profits over the past couple of years after the record-breaking performance of Tesla, which is the world’s most important electric car maker, of which he owns 23pc in shares. Elon Musk earned around $293bn between January 2020 and November 2021. 

Rocco Commisso

Rocco Commisso is the creator and CEO of cable company Mediacom, which is based in Blooming Grove, New York. He held previous positions as CFO at Cablevision Industries and is – at the moment – the owner of Italian soccer team Fiorentina.

Commisso moved to the United States from Italy at 12 years old and played the accordion during movie theatre intermissions as his first job. He went to Columbia University on a full scholarship, which has since renamed its soccer stadium in honour of him in appreciation of his donations to the school.

Jeff Bezos

Jeff Bezos established e-commerce giant Amazon in 1994 out of his garage in Seattle. He stepped down as CEO in order to become executive chairman in July 2021. He now owns almost less than 10% of the company.

He and his wife MacKenzie got divorced in 2019 after 25 years of marriage. After this he transferred a quarter of his then-16% Amazon stake to her. Bezos has donated more than $400 million worth of stock to non-profits in 2022, although it’s unclear which organisations received those shares.

Larry Ellison

This Oracle co-founder and previous chief executive saw his wealth nearly double from $59 billion in March 2020 to $125.7 billion now. While not quite on the same scale, you can double your deposit when you claim an online casino welcome bonus, and work on building your wealth that way. 

The Silicon Valley software company, which recently went into health care with a massive $28.3 billion acquisition of Cerner, saw its latest quarterly earnings rise by 6pc to $10.4 billion. In addition, the company edged out Microsoft in securing a ‘tech partnership’ deal with TikTok.

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