September 24, 2004 7:23 AM PDT
That's rich: Gates tops Forbes list once again
- Related Stories
Pay for Sun's Schwartz jumps 56 percentSeptember 22, 2004
Gates, Ballmer pay holds at about $900,000September 20, 2004
Google employees waiting for ship to dockAugust 19, 2004
Microsoft to share its wealth with investorsJuly 20, 2004
Ellison to get $900,000 salary in 2004September 8, 2003
This is the 11th year that Gates has topped the Forbes list.
Once you strip out the five Waltons, the offspring of the founder of Wal-Mart Stores, each of whom is reckoned to be worth $18 billion, the next two people on the list are also high tech. Michael Dell comes in at No. 9 with $14.2 billion, and Larry Ellison rounds out the top 10 with $13.7 billion.
Ellison's standing, in particular, is lower than expected. Last year, he was believed to be worth the same as a Walton, $18 billion, but the decline of Oracle stock has brought down his net worth.
The new boys on the block, Google founders Sergey Brin and Larry Page, appear on the list for the first time, sharing the 43rd spot with $4 billion each. The youngest on the list, they are behind the long-established Jeff Bezos of Amazon.com, who holds the No. 38 spot with $4.3 billion.
The total net worth of the richest 400 Americans topped $1 trillion for the first time since the height of the dot-com boom four years ago.
Earlier this week, Microsoft revealed that it would keep both Gates' and Ballmer's pay almost static at just over $900,000 apiece.
Ron Coates of Silicon.com reported from London.
1 commentJoin the conversation! Add your comment