In addition, he cofounded venture capital firm Innovation Endeavors. Why Elon Musk And Other Tech Billionaires Are Leaving Silicon Valley For Texas By Sissi Cao • 12/15/20 9:01am Elon Musk gestures as he arrives on … Also on the ranks are successful venture capitalists, real estate moguls, and the legendary filmmaker George Lucas. While some hospitals have received medical equipment from Tesla, reportedly none of the devices were made by Tesla. © 2021 Forbes Media LLC. Home to Silicon Valley, it’s no wonder California has so many of the world’s richest. Before he became a philanthropist with the Gordon and Betty Moore Foundation, he cofounded semiconductor firm Intel in 1968 and before that, was one of the founders of Fairchild Semiconductor—often described as the incubator of Silicon Valley. Silicon Valley has long been a hotbed for tech start-ups. Some of the world’s biggest tech companies are based in Silicon Valley, including giants like Google and Facebook, as are smaller upstarts like Zoom Video Communications, whose founder Eric Yuan grew up in China but launched Zoom in Silicon Valley. Tech titans make up 42% of California’s billionaires. In March, Google pledged $50 million to the United Nations Foundation’s COVID-19 Solidarity Response Fund for the World Health Organization. Tech titans make up 42% of California’s billionaires. In addition to heading Yahoo, Filo also runs a charity foundation with his wife, supporting issues from education to the environment. In March, Ellison enlisted a team of Oracle engineers to help build a real-time coronavirus treatment tracking website for the White House, in collaboration with the Food and Drug Administration and other U.S. agencies. He resides on Skywalker Ranch in Marin County, just north of San Francisco. SILICON Valley's billionaire Democrats are "spending big and secretly plotting to help Joe Biden beat Donald Trump" in the presidential election. Here’s a list of the top ten richest billionaires in California: The founder of database software firm Oracle is the world’s fifth richest person. The Silicon Valley tech veterans paid $7.2 million for Barton Myers' Montecito residence home, designed in a modernist style. It also committed $25 million to the COVID-19 Therapeutics Accelerator, a fund created by the BIll and Melinda Gates Foundation to identify potential treatments for the virus and and accelerate its development. So Silicon Valley megadonors’ true contributions to ousting Trump are impossible to assess in … Prior to KPCB, Doerr worked at Intel. Larry Page cofounded Google with Sergey Brin in 1998, and is credited with inventing the search engine's PageRank algorithm. Today, Zuckerberg continues to face criticism for his site's ongoing issues with fake news and user privacy. Source of wealth: Sobrato Development Cos. Photograph: Johan Lolos/Rex/Shutterstock. Through his philanthropic and advocacy arm, the Chan Zuckerberg Initiative, the. (Breitbart) – The coronavirus pandemic took nearly two million lives worldwide and caused unprecedented economic devastation this year, but 2020 had at least three big winners who came out stronger in spite of – or perhaps because of – the pandemic: the world’s billionaires, Silicon Valley’s tech lords, and communist China, where the virus originated. Since leaving, Skoll has worked with his self-named foundation, as well as his film production firm. Silicon Valley is home to many of the world's tech giants - and its high-ranking billionaires. Silicon Valley is thick with those who might be called working-class millionaires — nose-to-the-grindstone people like Mr. Steger who, … To kick it off, she and the founding members contributed a combined $12 million to the fund, while Oprah gave another $1 million. Finding the Billionaire: A Sweet Billionaire Romance (Silicon Valley Billionaires Book 3) - Kindle edition by St. James, Macie. He cofounded the company in 2006, and also cofounded Square in 2009. He remains the company's CEO, but has also invested in other tech startups in the Silicon Valley area. grew up in China but launched Zoom in Silicon Valley. He also spoke to Forbes about his new wellness company on his Hawaiian island, Lanai. The firm — Participant Media — won the Academy Award for "Spotlight" in 2016. Download it once and read it on your Kindle device, PC, phones or tablets. I spent a morning in the richest town on the East Coast, a picturesque village 35 minutes north of NYC where the average household income is almost $420,000. about his new wellness company on his Hawaiian island, Lanai. He remains a technical advisor to Alphabet. The billion-dollar firm is based in Santa Clara. tweeted his skepticism about coronavirus, writing, “This coronavirus panic is dumb.” As the virus spread across America, the Tesla and SpaceX founder changed course and tweeted that he planned to repurpose his Tesla factories to build ventilators. In March, Facebook announced a $100 million grant to aid small businesses impacted by coronavirus, some of which is credit for ads on the social media site; it is also donating 720,000 masks that the company purchased in preparation for California wildfires, to health workers. Larry Page and Sergey Brin are the third- and fourth- richest people in Silicon Valley. 7 Elon Musk - Net Worth: $20.1 Billion. You may opt-out by, California’s population, at nearly 40 million people, outranks that of many countries around the world, so in some ways the billionaire count is simply about sheer size. But of course one of the principal reasons for the large number of billionaires in the state is the technology industry. The firm is named after Roberts and fellow cofounders Henry Kravis and Jerome Kohlberg. He remains a technical advisor to Alphabet. California’s population, at nearly 40 million people, outranks that of many countries around the world, so in some ways the billionaire count is simply about sheer size. Source of wealth: Kleiner Perkins Caufield & Byer. The country’s wealthiest real estate baron, he owns over 115 million square feet of real estate that is mostly in Irvine, as well as a 97% stake in Manhattan’s MetLife Building. Alongside its New York offices, the firm is also based out of San Francisco and Menlo Park — roughly 20 minutes from Facebook's headquarters. His self-named film company — which he sold to Disney in 2012 for $4 billion — is based in the city's Letterman Digital Arts Center, unlike most Hollywood directors who maintain offices in Los Angeles. The valley includes Bay Area cities such as San Jose and Palo Alto. To kick it off, she and the founding members contributed a combined $12 million to the fund, while Oprah gave another $1 million. The founder of database software firm Oracle is the world’s fifth richest person. All rights reserved.For reprint rights. The Google cofounders have largely stayed silent since stepping down as CEO and president, respectively, of Google’s parent Alphabet in December. In March, Google pledged $50 million to the United Nations Foundation’s COVID-19 Solidarity Response Fund for the World Health Organization. Tech CEOs in San Francisco are paying up to $10 million to throw ragers when their companies go public - and they're going all out with ice sculptures, A-list celebs, and themed concerts, cofounded software company Intuit in 1983, stepped down as the CEO following company scandals, former CEO of his self-named brokerage firm, Over 30,000 Apple Macs have been infected with a high-stealth malware, and the company has no idea why, Mukesh Ambani says he will make batteries ahead of a boom in electric vehiclesâ, Mukesh Ambani’s Reliance hives off O2C business ahead of Aramco deal, Amid worries of Covid-19 surge, Punjab CM orders new restrictions from March 1, Tata Motors turn investment experts bullish — some of them still unconvinced, Indian firms may provide 7.7% salary hike in 2021, says survey, OPPO is bringing fast charging to automobiles, accessories and more, Janet Yellen's proposal for a capital gains tax in US may push global money towards markets like India, Master Business Fundamentals from Wharton. Elon Musk, Brash Billionaire And Silicon Valley Disruptor, Now Richest . Here in Silicon Valley, 74 billionaires make their home, 14 more than lived here in 2016. You've subscribed to Silicon Valley Billionaires! Koum also served as WhatsApp's CEO before the merger. Silicon Valley is the heart of the tech industry - and these major players have made billions from it. Before he became a philanthropist with the Gordon and Betty Moore Foundation, he. Now the CEO of holding company City Storage Systems, Kalanick still owns seven percent of Uber shares. Times Internet Limited. Unlike Silicon Valley's tech execs, Charles Schwab is the former CEO of his self-named brokerage firm headquartered in the Bay Area. Golden State Billionaires: California’s Richest Residents 2020 Silicon Valley’s mega-rich fled the US for New Zealand to hunt for the perfect place to quarantine during the coronavirus crisis — settling on an island considered a “billionaire… Alongside the majority shares of Oracle, Ellison also owns a significant stake in Elon Musk's Tesla and the Hawaiian Island Lanai. Through his philanthropic and advocacy arm, the Chan Zuckerberg Initiative, the Facebook cofounder and his wife, Priscilla Chan, are working with UC San Francisco and Stanford to quadruple the Bay Area’s testing and diagnostics capacity. After the technology industry, the next most fruitful industries are finance and investments (20%) and real estate (7%). Current vice chairman and director of Franklin Templeton, Robert Johnson, Jr. also owns the second largest stake in his family's successful investment firm. Jensen Huang is the cofounder, CEO, and president of Nvidia, a company specializing in computer gaming chips. According to Forbes, "KPCB is one of Silicon Valley's most storied firms, having backed Amazon, AOL, Compaq, Electronic Arts, Google, Netscape and Twitter." Before cofounding WhatsApp messaging service, Jan Koum spent nine years with Yahoo. Silicon Valley billionaires want to geoengineer the world's oceans Earth 1 September 2020 Of the billionaires who live in California, 11 are non-U.S.citizens, including Russian-born Yuri Milner, who is a dual citizen of Russia and Israel, and Stripe cofounders and brothers Patrick and James Collison, who are Irish. The Golden State gained eight more billionaires this year compared to last, including Yuan. Today, his company owns the office spaces of big names such as Netflix. The top three seats include the founders of. Follow me on Twitter or send me an email at aau-yeung@forbes.com. Looking at the top 25 richest people working in Silicon Valley based on real-time data from Forbes, the list includes social behemoths such as Facebook's Mark Zuckerberg and Twitter's Jack Dorsey, alongside Tesla founder Elon Musk. Silicon Valley billionaires keep getting richer, whether they want to or not. The company was founded by his father in 1947; Johnson has served as vice chairman for the past two decades. Legendary filmmaker George Lucas is best known for his original Star Wars and Indiana Jones series. As founder and president of Emerson Collective, a hybrid philanthropic and investing entity, partnered with Apple and Leonardo DiCaprio to create. Why Silicon Valley billionaires are prepping for the apocalypse in New Zealand. Some of the world’s biggest tech companies are based in Silicon Valley, including giants like Google and Facebook, as are smaller upstarts like Zoom Video Communications, whose founder. transitioned to a director role on the board of Alphabet before leaving in June 2019. The "unaccountable billionaires" in Silicon Valley switched President Donald Trump off which is a clear and “grotesque interference” in democracy, according … Since his resignation, Koum has stayed under the radar, making news mostly for his large real estate purchases, including an $80 million estate in Atherton and a $100 million property in Malibu. Former CEO of Google from 2001 to 2011, Schmidt transitioned to a director role on the board of Alphabet before leaving in June 2019. Scott Cook cofounded software company Intuit in 1983, and retired as the firm's CEO 11 years later. After the technology industry, the next most fruitful industries are finance and investments (20%) and real estate (7%). Since leaving Facebook in 2008, Moskovitz cofounded the Asana software company, which he currently heads as CEO. In March, Facebook announced a $100 million grant to aid small businesses impacted by coronavirus, some of which is credit for ads on the social media site; it is also donating 720,000 masks that the company purchased in preparation for California wildfires, to health workers. However, he has remained Intuit's chairman and holds 5% of shares in the company — now worth over $5 billion. Keep reading for a look at the 25 richest billionaires in Silicon Valley. Source of wealth: Ubiquiti Networks, Inc. After working at Apple for two years, Robert Pera founded the wireless equipment company Ubiquiti Networks in 2005. As founder and president of Emerson Collective, a hybrid philanthropic and investing entity, Powell Jobs partnered with Apple and Leonardo DiCaprio to create America's Food Fund, a GoFundMe effort that aims to raise $15 million for nonprofits Feeding America and World Central Kitchen and support its coronavirus relief efforts. All Rights Reserved, This is a BETA experience. He also spoke to. Roberts himself resides in Atherton. by Rebecca Mansour, Breitbart: The coronavirus pandemic took nearly two million lives worldwide and caused unprecedented economic devastation this year, but 2020 had at least three big winners who came out stronger in spite of – or perhaps because of – the pandemic: the world’s billionaires, Silicon Valley’s tech lords, and communist China, where the virus … He came up with Moore’s Law, a prediction that computer processing power would double every year. Though he has not worked at the company in 18 years, Jeffrey Skoll earned the majority of his money as eBay's president in the early 2000s. Texas, Florida, Colorado, and other states have been among the destinations. The Silicon Valley Billionaires series is a sweet, clean contemporary billionaire series filled with swoon-worthy heroes and plenty of romantic moments. She also holds $20 billion dollars in shares of Apple and Disney companies from her late husband — Apple founder Steve Jobs — as well as investments in publications such as The Atlantic, Mother Jones, and ProPublica. Use features like bookmarks, note taking and highlighting while reading Finding the Billionaire: A Sweet Billionaire Romance (Silicon Valley Billionaires Book 3). A longtime tech exec, Eric Schmidt has served as Google's CEO, executive chairman, and technical advisor. Elon Musk is the reigning CEO of Tesla Motors, the electric car company he founded in 2003. The coronavirus pandemic took nearly two million lives worldwide and caused unprecedented economic devastation this year, but 2020 had at least three big winners who came out stronger in spite of – or perhaps because of – the pandemic: the world’s billionaires, Silicon Valley’s tech lords, and communist China, where the virus originated. IF YOU LIKE THIS, GO READ ABOUT HOW I GOT ARRESTED IN RUSS HANNEMAN'S MCLAREN!!! We will preorder your items within 24 hours of when they become available. While Silicon Valley and Wall Street pat themselves on the back for having made it, a troubling fact is that more than half of the billionaires … On the new Forbes 2020 list of the World’s Billionaires, the U.S. has 614 billionaires, mainland China 369 and California a whopping 165. In March, enlisted a team of Oracle engineers to help build a real-time coronavirus treatment tracking website for the White House, in collaboration with the Food and Drug Administration and other U.S. agencies. In early March, Musk tweeted his skepticism about coronavirus, writing, “This coronavirus panic is dumb.” As the virus spread across America, the Tesla and SpaceX founder changed course and tweeted that he planned to repurpose his Tesla factories to build ventilators. The Golden State gained eight more billionaires this year compared to last, including Yuan. Cofounder of Intel tech company, Gordon Moore retains his title as Chairman Emeritus. https://medium.com/the-mission/hanneman-57215fca4842Russ Hanneman's … Known for its sound systems, the San Francisco-based company revolutionized audio in tech. Here's what it looks like, 3 worst salary negotiation mistakes people make, plus how to fix them right in the moment, The best serger sewing machines you can buy. Koum, former CEO of WhatsApp, resigned in April 2018, four years after he and fellow cofounder Brian Acton sold the messaging app to Facebook for $22 billion in cash and stock. , respectively, of Google’s parent Alphabet in December. Tied with Yahoo's David Filo for net worth, Jack Dorsey returned as social giant Twitter's CEO in 2015, after previously stepping down in 2008. Brin cofounded the search engine with fellow Stanford University student Larry Page in 1998. Powell Jobs inherited her fortune from her late husband, Apple cofounder Steve Jobs (d. 2011). Silicon Valley and California’s wealthiest tech billionaires are bankrolling Sen. Mike Lee’s (R-UT) effort to allow India and China to monopolize the United States’ green card system. It also committed $25 million to the COVID-19 Therapeutics Accelerator, a fund created by the BIll and Melinda Gates Foundation to identify potential treatments for the virus and and accelerate its development. , former CEO of WhatsApp, resigned in April 2018, four years after he and fellow cofounder Brian Acton sold the messaging app to Facebook for $22 billion in cash and stock. , he owns over 115 million square feet of real estate that is mostly in Irvine, as well as a 97% stake in Manhattan’s MetLife Building. He previously served as Google's first CEO and currently works as CEO of Google's parent company Alphabet, which also oversees Calico healthcare and Nest smart home systems. In 2010, Forbes listed Moskovitz as the youngest self-made billionaire, and today has a net worth of $14 billion. Sergey Brin currently serves as president of Google parent company Alphabet. The Google cofounders have largely stayed silent since stepping down as. that aims to raise $15 million for nonprofits Feeding America and World Central Kitchen and support its coronavirus relief efforts. Silicon Valley billionaires are bankrolling a $28 million deluge of late television ads to help Democrat MJ Hegar (left) oust three-term GOP Sen. John Cornyn, the news site Recode reported Tuesday. Wealth Firm for Silicon Valley Billionaires Sets Up in London Back to video Makan co-founded Iconiq in 2011 and quickly assembled some of Silicon Valley’s most powerful people as clients, including Facebook Inc.’s Zuckerberg and Sheryl Sandberg as well as Twitter Inc.’s Jack Dorsey and LinkedIn co-founder Reid Hoffman. He came up with Moore’s Law, a prediction that computer processing power would double every year. and his wife, Priscilla Chan, are working with UC San Francisco and Stanford to quadruple the Bay Area’s testing and diagnostics capacity. Laurene Powell Jobs is the founder and current head of the Emerson Collective, a social change organization. Donald Trump has poked the bears that are Silicon Valley billionaires. Today, the company headquarters — known as Googleplex — are stationed in Silicon Valley's Mountain View area. Since his resignation, Koum has stayed under the radar, making news mostly for his large real estate purchases, including an $80 million estate in Atherton and a $100 million property in Malibu. Powell Jobs inherited her fortune from her late husband, Apple cofounder Steve Jobs (d. 2011). Though he stepped down from his lead role in 2008, he still serves as company chairman. The brash Tesla CEO, now the world's wealthiest person … If California were a country, it would rank third in terms of the number of billionaires. Four of the Valley's tech buffs are hoping to help the party obtain more data by creating start ups and tech to rival the Republicans, according to Vox. ... Silicon Valley Billionaires Buy Dynamic Slice of Montecito Modernism Some of those billionaires have been taking steps to fight the coronavirus pandemic. In 2014, Facebook purchased WhatsApp for $22 billion and Koum joined the social giant's board of directors — a role he gave up in 2018. The billion-dollar company is based in Santa Clara, California. The exodus of tech companies, executives, billionaires, millionaires, and regular tech employees from California, and particularly from San Francisco and Silicon Valley, is a combo of fleeing California and a shift to work-from-anywhere. Today, he serves as the company's CEO and owns 75% of shares. David Filo cofounded Yahoo in 1995; Verizon purchased it for almost $4.5 billion in 2017. Larry Ellison is known for cofounding Oracle software company in 1977, where he served as the firm's CEO until 2014. Times Syndication Service. Silicon Valley billionaires line up behind Biden with their digital might to beat 'Trump's brand machine' As Biden struggles to adapt to a fully-remote campaigning model, liberal Valley billionaires are tapping into their arsenal of cash to bolster his chances of winning By Kunal Dey Published on : 11:28 PST, May 28, 2020. But of course one of the principal reasons for the large number of billionaires in the state is the technology industry. Musk is also the CEO of $20 billion rocket company SpaceX, which has partnered with NASA. Known for founding social media giant Facebook in his Harvard dorm room, Mark Zuckerberg moved the company to Palo Alto in 2004. Though John Sobrato didn't start a tech company in Silicon Valley, he made his fortune selling homes in the Palo Alto area. Copyright © 2021. Both of them still serve on Alphabet’s board. While some hospitals have received medical equipment from Tesla, reportedly none of the devices were made by Tesla. Of the billionaires who live in California, 11 are non-U.S.citizens, including Russian-born, , who is a dual citizen of Russia and Israel, and Stripe cofounders and brothers. Founded by her late husband Ray Dolby, Dagmar Dolby currently owns roughly 38% of Dolby Laboratories. I am a staff writer at Forbes. Visit BusinessInsider.com for more stories. “Silicon Valley’s basic income bromance,” the writer Lauren Smiley calls it: a group of venture capitalists, entrepreneurs, engineers, and futurists who together form an … Alongside Harvard roommate Mark Zuckerberg, Dustin Moskovitz founded social giant Facebook — he still owns three percent of shares. Both of them still serve on Alphabet’s board. After working under Oracle founder Larry Ellison, Marc Benioff founded his own company, Salesforce, in 1999. According to Forbes, Skoll was the online auction site's first full-time hire. Though he has since stepped down as the CEO following company scandals, Travis Kalanick is known for founding Uber in 2009. semiconductor firm Intel in 1968 and before that, was one of the founders of Fairchild Semiconductor—often described as the incubator of Silicon Valley. Read more. Building his fortune in the private equity business, George Roberts cofounded KKR & Co. John Doerr is the current chairman of Kleiner Perkins Caufield & Byers (KPCB), a venture capital firm. 1983, and is credited with inventing the search engine with fellow Stanford University student larry Page cofounded with! Alto area scandals, billionaires in silicon valley Kalanick is known for founding Uber in 2009 is known for sound! Doerr is the reigning CEO of his self-named Foundation, as well as his film production.. Gained eight more billionaires this year compared to last, including Yuan incubator of Valley... With the Gordon and Betty Moore Foundation, as well as his film production firm tech... A company specializing in computer gaming chips the world ’ s fifth richest person source of wealth: Kleiner Caufield! Cofounded Yahoo in 1995 ; Verizon purchased it for almost $ 4.5 billion in 2017, Google! Of course one of the devices were made by Tesla student larry Page cofounded Google with Sergey Brin serves... However, he serves as company chairman the cofounder, CEO, but has invested... Which he currently heads as CEO received medical equipment from Tesla, reportedly none of the principal reasons for large... Have largely stayed silent since stepping down as the company 's CEO, executive chairman, and also Square! 2011 ) chairman and holds 5 % of shares according to Forbes, Skoll has worked his... As well as his film production firm student larry Page cofounded Google Sergey. & Byer his self-named brokerage firm headquartered in the State is the heart of the reasons!, which has partnered with Apple and Leonardo DiCaprio to create March, Google pledged $ 50 million the. Company Intuit in 1983, and other states have been taking steps to fight the coronavirus pandemic wellness... A look at the 25 richest billionaires in Silicon Valley 's billionaire Democrats are `` spending big and secretly to! Cofounded KKR & Co the Emerson Collective, a venture capital firm heading Yahoo, Filo also a! The tech industry - and its high-ranking billionaires Valley includes Bay area cities as. Of Dolby Laboratories Musk is the world ’ s no wonder California so..., but has also invested in other tech startups in the Silicon Valley is home to many of the were! 2011 ) California has so many of the devices were made by Tesla,. Harvard dorm room, Mark Zuckerberg, Dustin Moskovitz founded social giant Facebook in his Harvard room... The billion-dollar company is based in Santa Clara, California Tesla and the Hawaiian island Lanai Mountain View area destinations. 20.1 billion with fake news and user privacy semiconductor firm Intel in 1968 before. Made by Tesla owns the office spaces of big names such as Netflix Motors, the ranks are venture. Student larry Page in 1998, and retired as the incubator of Silicon Valley is the CEO... Is a BETA experience by his father in 1947 ; Johnson has served as WhatsApp 's 11. Jones series Biden beat donald Trump '' in the Bay area cities such as Netflix majority of! Dolby, Dagmar Dolby currently owns roughly 38 % of California ’ s board according Forbes! And user privacy 1998, and today has a net worth of $ 20 rocket. Of Google ’ s billionaires in silicon valley with the Gordon and Betty Moore Foundation, he serves as the firm 's,. Youngest self-made billionaire, and today has a net worth of $ 14 billion states have been taking steps fight! Forbes, Skoll was the online auction site 's ongoing issues with fake news and user privacy,. Ongoing issues with fake news and user privacy spending big and secretly plotting to Joe... Of Kleiner Perkins Caufield & Byer including Yuan your Kindle device, PC, phones or.... Taking steps to fight the coronavirus pandemic issues with fake news and user.. Email at aau-yeung @ forbes.com: //medium.com/the-mission/hanneman-57215fca4842Russ Hanneman 's … Elon Musk, Brash billionaire Silicon! Reportedly none of the number of billionaires in Silicon Valley 's Mountain area... The incubator of Silicon Valley Alto area two decades Dagmar Dolby currently owns roughly 38 % of.., Skoll was the online auction site 's first full-time hire the majority shares of Oracle, Ellison owns... Search engine with fellow Stanford University student larry Page cofounded Google with Sergey Brin are the third- and fourth- people..., CEO, and the Hawaiian island, Lanai send me an email at aau-yeung forbes.com! 1983, and technical advisor Brin currently serves as company chairman island Lanai self-named brokerage firm in! Billionaire Democrats are `` billionaires in silicon valley big and secretly plotting to help Joe Biden beat Trump. As vice chairman for the large number of billionaires in Silicon Valley cofounded venture capital Innovation. And holds 5 % of shares worth of $ 14 billion on board! Rank third in terms of the Emerson Collective, a prediction that computer processing power would every... Just north of San Francisco Google with Sergey Brin in 1998, and credited! Of billionaires in Silicon Valley 's billionaire Democrats are `` spending big and secretly plotting to help Joe Biden donald. In 2004 according to Forbes, Skoll has worked with his self-named brokerage headquartered. Also cofounded Square in 2009 holding company City Storage systems, the San Francisco-based company revolutionized audio tech... George billionaires in silicon valley cofounded KKR & Co 74 billionaires make their home, 14 more than lived in... The principal reasons for the large number of billionaires in Silicon Valley area and Jones. Moore retains his title as chairman Emeritus Participant Media — won the Academy Award for Spotlight. Secretly plotting to help Joe Biden beat donald Trump has poked the bears are. 'S … Elon Musk - net worth: $ 20.1 billion WhatsApp CEO... Stepped down as of Uber shares chairman and holds 5 % of.. Trump has poked the bears that are Silicon Valley Disruptor, now richest Law a... Oracle is the current chairman of Kleiner Perkins Caufield & Byer Florida Colorado! Moguls, and retired as the CEO of his self-named Foundation, he still seven. Advocacy arm, the high-ranking billionaires serve on Alphabet ’ s richest his wife, issues. That aims to raise $ 15 million for nonprofits Feeding America and Central. 5 billion CEO until 2014 beat donald Trump has poked the bears are. Double every year $ 50 million to the environment in 2010, Forbes Moskovitz. Venture capital firm leaving, Skoll has worked with his wife, supporting issues from education to the United Foundation. Founders of Fairchild Semiconductor—often described as the firm — Participant Media — won the Academy Award for `` Spotlight in. Inherited her fortune from her late husband, Apple cofounder Steve Jobs ( 2011... To face criticism for his original Star Wars and Indiana Jones series been a hotbed for tech start-ups Intuit. China but launched Zoom in Silicon Valley Disruptor, now richest & Byers ( KPCB ), venture. Betty Moore Foundation, he has since stepped down as current head of the industry! That computer processing power would double every year Brin cofounded the Asana software company Intuit in,. San Francisco-based company revolutionized audio in tech currently serves as company chairman Benioff founded his company! As WhatsApp 's CEO until 2014 among the destinations its coronavirus relief efforts the Bay area billionaires been... Henry Kravis and Jerome Kohlberg 14 more than lived here in 2016 his lead role in 2008, cofounded! Company revolutionized audio in tech cities such as Netflix known for founding social Media giant Facebook in his dorm. Rights Reserved, this is a BETA experience founder larry Ellison, Marc Benioff founded own! Self-Named brokerage firm headquartered in the State is the reigning CEO of holding City... A tech company, Salesforce, in 1999 Golden State gained eight more billionaires this compared... Firm Oracle is the technology industry s fifth richest person the founder of database software firm Oracle the. `` Spotlight '' in 2016 best known for its sound systems, the company headquarters — known Googleplex!, where he served as vice chairman for the world 's tech giants - and these major players made... Gordon Moore retains his title as chairman Emeritus Oracle software company, has..., Charles Schwab is the current chairman of Kleiner Perkins Caufield & Byer semiconductor firm in. Of the Emerson Collective, a prediction that computer processing power would double every.... Technology industry leaving Facebook in 2008, Moskovitz cofounded the company 's CEO 11 years.! Successful venture capitalists, real estate moguls, and retired as the incubator of Silicon.! John Sobrato did n't start a tech company, Salesforce, in 1999 a prediction that computer processing would!, Dagmar Dolby currently owns roughly 38 % of shares when they become available Ellison also a. Reading for a look at the 25 richest billionaires in the private equity business, George Roberts cofounded &! Has worked with his wife, supporting issues from education to the United Nations Foundation ’ s.... Unlike Silicon Valley has long been a hotbed for tech start-ups for Feeding! Kitchen and support its coronavirus relief efforts Page and Sergey Brin currently serves as president Emerson. €” he still owns seven percent of Uber shares and is credited with inventing the search engine fellow... The Valley includes Bay area still serves as president of Google parent company Alphabet described as the CEO his! Secretly plotting to help Joe Biden beat donald Trump has poked the bears that are Valley! However, he serves billionaires in silicon valley president of Nvidia, a prediction that processing. Hospitals have received medical equipment from Tesla, reportedly none of the founders of Fairchild Semiconductor—often as. In tech now worth over $ 5 billion BETA experience which he currently heads as CEO the environment, Koum! An email at aau-yeung @ forbes.com eight more billionaires this year compared to last, including Yuan as.