The Richest Tech Billionaires Of 2022

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  • The Nasdaq Technology 100 Index hasn’t been able to sustain its pandemic-fueled highs, dipping 12% in 2022.
  • Collectively, tech billionaires are worth $2.1 trillion, down from $2.5 trillion last year—though their fortunes are still higher than any other sector in the world.
  • The cooling stock market is certainly hurting the tech industry, but there’s another explanation that partially explains the tech billionaire decline.

There are about 332 billionaires made their fortunes in the tech industry, down from 365 last year. Sourced from a recent article by Forbes, here are the top 20 richest people in tech.

The tech industry

it’s already shaping up to be a tough year for tech. The Nasdaq Technology 100 Index hasn’t been able to sustain its pandemic-fueled highs, dipping 12% in 2022. A tech selloff in China has pushed Hong Kong’s Hang Seng Tech Index down 20% year to date. And, like the rest of the market, tech isn’t immune to investor worries about inflation and Russia’s invasion of Ukraine.

According to Forbes estimates, 332 billionaires made their fortunes in the tech industry, down from 365 last year. It has the third-most billionaires in the world, behind finance and investments, with 393 billionaires, and manufacturing, with 337 billionaires. Collectively, tech billionaires are worth $2.1 trillion, down from $2.5 trillion last year—though their fortunes are still higher than any other sector in the world. What hasn’t changed? Tech’s dominance on the top of the list. Six of the world’s richest people hail from tech: Amazon founder Jeff Bezos, Microsoft founder Bill Gates, Google founders Larry Page and Sergey Brin, Oracle founder Larry Ellison and former Microsoft CEO Steve Ballmer.

The cooling stock market is certainly hurting the tech industry, but there’s another explanation that partially explains the tech billionaire decline. Forbes changed its methodology for categorizing social media moguls, shifting people like Meta CEO Mark Zuckerberg and Snapchat cofounders Evan Spiegel and Bobby Murphy to media and entertainment instead of tech to better reflect how those companies are functioning.

Factor impacting the most tech billionaires

But the biggest factor impacting the most tech billionaires: a regulatory crackdown on large tech companies in Beijing, which has hammered Chinese tech moguls. Last year, nine of the top 20 tech billionaires were from China. This year, it’s only three.

TOP 20 richest people in tech

Here are the top 20 richest people in tech and their Net worths are as of March 11, 2022

1. Jeff Bezos

Net worth: $171 billion

Source of wealth: Amazon

Country: U.S.

2 . Bill Gates

Net worth: $129 billion

Source of wealth: Microsoft

Country: U.S.

3 .Larry Page

Net worth: $111 billion

Source of wealth: Alphabet

Country: U.S.

4 .Sergey Brin

Net worth: $107 billion

Source of wealth: Alphabet

Country: U.S.

5.Larry Ellison

Net worth: $106 billion

Source of wealth: Oracle

Country: U.S.

6.Steve Ballmer

Net worth: $91.4 billion

Source of wealth: Microsoft

Country: U.S.

7.Michael Dell

Net worth: $55.1 billion

Source of wealth: Dell Technologies

Country: U.S.

8.MacKenzie Scott

Net worth: $43.6 billion

Source of wealth: Amazon

Country: U.S.

9.Ma Huateng

Net worth: $37.2 billion

Source of wealth: Tencent

Country: China

10.Shiv Nadar

Net worth: $28.7 billion

Source of wealth: HCL Technologies

Country: India

 

11.William Lei Ding

Net worth: $25.2 billion

Source of wealth: Netease

Country: China

12.Jack Ma

Net worth: $22.8 billion

Source of wealth: Alibaba

Country: China

13.Eric Schmidt

Net worth: $22.1 billion

Source of wealth: Alphabet

Country: U.S.

14.Jensen Huang

Net worth: $20.6 billion

Source of wealth: NVIDIA

Country: U.S.

15.Laurene Powell Jobs & family

Net worth: $16.4 billion

Source of wealth: Apple, Disney

Country: U.S.

16.Mike Cannon-Brookes

Net worth: $15.3 billion

Source of wealth: Atlassian

Country: Australia

17.Pavel Durov

Net worth: $15.1 billion

Source of wealth: Telegram

Country: Russia

18.Scott Farquhar

Net worth: $15.1 billion

Source of wealth: Atlassian

Country: U.S.

19.Robert Pera

Net worth: $14.6 billion

Source of wealth: Ubiquiti Networks

Country: U.S.

20.David Duffield

Net worth: $12.9 billion

Source of wealth: Workday

Country: U.S.

 

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Source: forbes

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