10 Wealthiest People in America (and Donald Trump)

Photo (cc) by Al404

It’s official: America’s rich are getting richer, at least over the past year.

The billionaires who made Forbes magazine’s latest annual “Forbes 400” list, published this week, have a collective net worth of $2.34 trillion — an increase of $50 billion from one year ago.

The average net worth of the people who made the list this year was $5.8 billion, an increase of $100 million from last year and a record high, Forbes reports.

Tech giants in particular profited this year, with Amazon CEO Jeff Bezos (net worth of $47 billion) and Facebook CEO Mark Zuckerberg ($40.3 billion) making the top 10 for the first time.

The youngest person on the list is 25-year-old Evan Spiegel ($2.1 billion), who co-founded Snapchat, the app popular among teenagers that is used by almost 100 million people daily, Forbes reports.

Microsoft founder Bill Gates ($76 billion) came in at No. 1 for the 22nd year.

The top 10 list comprises:

  • Bill Gates — $76 billion
  • Warren Buffett — $62 billion
  • Larry Ellison — $47.5 billion
  • Jeff Bezos — $47 billion
  • Charles Koch — $41 billion
  • David Koch — $41 billion
  • Mark Zuckerberg — $40.3 billion
  • Michael Bloomberg — $38.6 billion
  • Jim Walton — $33.7 billion
  • Larry Page — $33.3 billion

The wealthiest women to make the cut are Walmart founder Sam Walton’s daughter, Alice Walton ($32 billion), and daughter-in-law, Christy Walton ($30.2 billion).

Perhaps the most controversial member of the Forbes 400 is real estate mogul and Republican presidential candidate Donald Trump, who appears on the cover of this week’s issue of Forbes magazine despite ranking at No. 121. Forbes says his net worth is $4.5 billion.

Trump, who has argued with the magazine about his net worth for years, tells Forbes otherwise:

“Of course your numbers are wrong. I’m worth much more than $10 billion.”

But whether Trump is worth $4.5 billion or $10 billion, he could be worth a lot more if he had invested in the stock market instead of real estate. To learn how that’s possible, check out “Trump Worth $10 Billion Less Than If He’d Simply Invested in S&P 500.”

What’s your take on this year’s 400 wealthiest billionaires? Share your thoughts with us below or on Facebook.

Disclosure: The information you read here is always objective. However, we sometimes receive compensation when you click links within our stories.

Read Next
19 Things You Should Never Buy at a Grocery Store
19 Things You Should Never Buy at a Grocery Store

These household necessities are overpriced at the grocery store. Get them cheaper at these places instead.

7 Mistakes Guaranteed to Ruin Your Retirement
7 Mistakes Guaranteed to Ruin Your Retirement

Make even one of these money mistakes, and you’ll probably end up eating ramen noodles in your golden years.

26 Work-From-Home Jobs That Pay $100,000
26 Work-From-Home Jobs That Pay $100,000

These lucrative gigs let you work in your slippers.

7 Ways to Save Even More at Dollar Stores
7 Ways to Save Even More at Dollar Stores

Yes, it’s possible to pay less than a buck for items from a dollar store. Here’s how.

9 Genius Storage Solutions for Your Home
9 Genius Storage Solutions for Your Home

These creative products on Amazon will hide unsightly clutter while saving space.

View this page without ads

Help us produce more money-saving articles and videos by subscribing to a membership.

Get Started

Most Popular
11 Things Retirees Should Always Buy at Costco
11 Things Retirees Should Always Buy at Costco

This leader in bulk shopping is a great place to find discounts in the fixed-income years.

Over 50? The CDC Says You Need These 4 Vaccines
Over 50? The CDC Says You Need These 4 Vaccines

Fall is the time to schedule vaccines that can keep you healthy — and even save your life.

9 Things You’ll Never See at Costco Again
9 Things You’ll Never See at Costco Again

The warehouse store offers an enormous selection, but these products aren’t coming back.

11 Senior Discounts for Anyone Age 55 or Older
11 Senior Discounts for Anyone Age 55 or Older

There is no need to wait until you’re 65 to take advantage of so-called “senior” discounts.

11 Household Items That Go Bad — or Become Dangerous
11 Household Items That Go Bad — or Become Dangerous

When you get the impulse to stockpile these everyday items, pay close attention to their expiration dates.

8 Things You Can Get for Free at Pharmacies
8 Things You Can Get for Free at Pharmacies

In this age of higher-priced drugs and complex health care systems, a trip to the pharmacy can spark worry. Freebies sure do help.

These Are the 4 Best Medicare Advantage Plans for 2020
These Are the 4 Best Medicare Advantage Plans for 2020

Medicare Advantage customers themselves rate these plans highest.

7 Ways to Boost Your Credit Score Fast
7 Ways to Boost Your Credit Score Fast

Your financial security might soon depend upon the strength of your credit score.

The 10 Most Commonly Stolen Vehicles in America
The 10 Most Commonly Stolen Vehicles in America

A new model parks atop the list of vehicles that thieves love to pilfer.

19 High-Paying Jobs You Can Get With a 2-Year Degree
19 High-Paying Jobs You Can Get With a 2-Year Degree

These jobs pay more than the typical job in the U.S. — and no bachelor’s degree is required.

5 Ways to Get Amazon Prime for Free
5 Ways to Get Amazon Prime for Free

Hesitant to drop $119 a year on an Amazon Prime membership? Here’s how to get it for free.

10 Reasons Why You Should Actually Retire at 62
10 Reasons Why You Should Actually Retire at 62

If you can, here are several good reasons to retire earlier than we’re told to.

3 Ways to Get Microsoft Office for Free
3 Ways to Get Microsoft Office for Free

With a little ingenuity, you can cut Office costs to zero.

14 Things That Are ‘Free’ With Medicare
14 Things That Are ‘Free’ With Medicare

These services could save you money and help prevent costly health problems.

26 States That Do Not Tax Social Security Income
26 States That Do Not Tax Social Security Income

These states won’t tax any of your Social Security income — and in some cases, other types of retirement income.

5 Keys to Making Your Car Last for 200,000 Miles
5 Keys to Making Your Car Last for 200,000 Miles

Pushing your car to 200,000 miles — and beyond — can save you piles of cash. Here’s how to get there.

5 Things That Make Life More Meaningful for Retirees
5 Things That Make Life More Meaningful for Retirees

Retirees agree: These are the things that give them purpose and fulfillment in their golden years.

10 Things You Should Never Do With Bleach
10 Things You Should Never Do With Bleach

Does the pandemic have you reaching for bleach more than ever before? Learn the ins and outs of using this powerful disinfectant.

15 Amazon Purchases That We Are Loving Right Now
15 Amazon Purchases That We Are Loving Right Now

These practical products make everyday life a little easier.

View More Articles

View this page without ads

Help us produce more money-saving articles and videos by subscribing to a membership.

Get Started

Add a Comment

Our Policy: We welcome relevant and respectful comments in order to foster healthy and informative discussions. All other comments may be removed. Comments with links are automatically held for moderation.