YubaNet.com
Saturday, November 1 2014

            We Deliver News to the Sierra
News Fire News spacer Latest News spacer Regional News spacer California News spacer USA News spacer World News spacer Op-Ed spacer Enviro News spacer Sci Tech News spacer Life spacer Odd News spacer Cartoons spacer
Features The Calendar features features Weather features Sierra NightSky features features features Road Conditions features Home spacer
CA
 

California home to 88 of Forbes' 400 richest Americans


    Google+    

By: Agustin Armendariz, California Watch

September 29, 2011 - The Golden State boasts the most billionaires living within its borders among all U.S. states, according to calculations by Forbes to determine the 400 richest Americans.

Of course, if you control for population, Wyoming, Montana, New York, Connecticut and Nevada all have a higher per-capita concentration of billionaires. But California has a couple of billionaires for every million people living in the state.

Oracle co-founder and CEO Larry Ellison is the richest Californian, with a net worth of $33 billion, and the third-richest American behind Bill Gates ($59 billion) and Warren Buffett ($39 billion).

The vast majority of California's billionaires are older than 50, but two are still in their 20s and work at Facebook. With a net worth of $17.5 billion, 27-year-old Facebook founder and CEO Mark Zuckerberg is the second-richest Californian and 14th-richest American, according to Forbes. Facebook co-founder Dustin Moskovitz is also 27, and Forbes estimates his net worth at $3.5 billion.

Googlers Larry Page and Sergey Brin are both 38, among the youngest billionaires, and rank just behind Zuckerberg. They are tied for third-richest Californian and 15th-richest American.

Nationwide, eight out of every nine billionaires on the list is older than 50. For the full list, visit www.forbes.com/forbes-400.

National rank Name Age Net worth
(billions)
Residence Source Industry
3 Larry Ellison 67 $33 Woodside, CA Oracle, self-made Technology
14 Mark Zuckerberg 27 $17.5 Palo Alto, CA Facebook, self-made Technology
15 Larry Page 38 $16.7 Palo Alto, CA Google, self-made Technology
15 Sergey Brin 38 $16.7 Los Altos, CA Google, self-made Technology
26 Donald Bren 79 $12 Newport Beach, CA real estate, self-made Real Estate
39 Steve Jobs 56 $7 Palo Alto, CA Apple, Pixar, self-made Technology
39 Patrick Soon-Shiong 59 $7 Los Angeles, CA generic drugs, self-made Health care
48 Eli Broad 78 $6.3 Los Angeles, CA investments, self-made Investments
50 Eric Schmidt 56 $6.2 Atherton, CA Google, self-made Technology
58 David Geffen 68 $5.5 Malibu, CA movies, music, self-made Media

 

Help us bring you more news. Be a real reader: Support YubaNet

By submitting a comment you consent to our rules. You must use your real first and last name, not a nickname or alias. A comment here is just like a letter to the editor or a post on Facebook. Thank you.

 

Latest Headlines

CA

Field Poll: Heavy support for Prop. 1 (Water Bonds). Big swing to the no side on Prop. 45 (Health Insurance Rate Changes) and Prop. 46 (Drug Testing of Doctors/Medical Negligence Lawsuits). Continuing support for Prop. 47 (Criminal Sentences)

State Health Director Urges Californians to Get Flu Vaccine

Controller Expands Public Pay Database with Fairs & Expositions, First 5 Commissions

U.S. Attorney Names District Election Officer for November 4 General Election

High-quality drug testing helps protect the integrity of California horse racing

AG Kamala D. Harris Releases Data Breach Report; 18.5 Million Californians' Personal Information Put at Risk

New Report: Action Needed Now to Fix Climate Change Preparedness Deficit

Homeowners Are Encouraged To Prepare Their Trees for Winter Season In Case Rain Is Scarce

Napa, Solano County Residents to Receive Federal Individual, Household Aid Following South Napa Earthquake

California Dungeness Crab Season to Open Nov. 1, 2014


More

 

 

 

 

NEWS . Fire News . Latest . Regional . California . USA . World . Op-Ed . Enviro . Sci/Tech . Life . Odd News . Cartoons
FEATURES . The Calendar .Weather . Sierra NightSky. Road Conditions
YubaNet.com . Advertising. About Us . Support YubaNet . Contact Us . Terms of Use . Privacy

YubaNet.com © 1999-2014
Nevada City, California (530) 478-9600