The Top 10 Richest American Billionaires of 2020
The world’s billionaires have shrunk the whopping since last year. And more damage was seen in March this year, as the global market was affected due to the coronavirus pandemic. This crisis has also shaken up the fortunes of the 10 wealthiest citizens of America. There was a huge dollar drop from their net worth. Here are the top 10 richest American billionaires of 2020. The net worths are calculated based on stock prices and exchange rates from March 18, 2020.
1. JEFF BEZOS
Net Worth: $105.2 Billion (April 2020)
Source: Amazon
Residence: Seattle, a city in Washington.
An American businessman, media proprietor, and an investor. He is still the richest person in the world, best known as the founder, CEO, and president of the online retail company Amazon.com. He met the world’s most expensive divorce that cost him $36.8 billion of Amazon shares last year. Bezos donated $100 million to Feeding America, a nationwide network of food banks, due to the coronavirus crisis in America.
2. BILL GATES
Net Worth: $99.5 Billion (April 2020)
Source of income: Microsoft
Residence: Medina, Washington.
William Henry Gates III, an American business magnate, best known for a software developer, investor, philanthropist, and mainly as the co-founder of Microsoft Corporation and is one of the richest American billionaires. He recently announced stepping down from the boards of MSFT and focusing on philanthropy. He planned to spend $100 million for COVID-19 relief, in which $60 million should be spent on testing vaccines, treatments, and diagnostics for coronavirus.
3. WARREN BUFFET
Net Worth: $70.5 Billion (April 2020)
Source of income: Berkshire Hathaway
Residence: Omaha.
Warren Edward Buffet, an American business magnate, well known as CEO of Berkshire Hathaway. His net worth was $88.6 Billion as per December 2019, due to the COVID-19 pandemic his fortune has plummeted $15 billion since last year.
4. LARRY ELLISON
Net Worth: $59 Billion (March 2020)
Source of income: Oracle
Residence: Woodside, California.
An American businessman, investor, and philanthropist, known as the co-founder, the chairman, and the chief technology officer of Oracle Corporation and is one of the richest American billionaires. He recently appointed his engineers to build a coronavirus website for the Trump Administration with Food and Drug Administration and other Federal Agencies.
5. MARK ZUCKERBERG
Net Worth: $54.7 Billion
Source of income: Facebook
Residence: Palo Alto, California.
Well known for co-founding Facebook, and American entrepreneur. Facebook was fined $5 billion by the Federal Trade Commission for customers’ privacy. He is now focusing on relief efforts and treatment development for COVID-19 with an initiating amount of $25 million along with his wife, Priscilla Chan.
6. JIM WALTON
Net Worth: 54.6 Billion
Source of income: Walmart, the world’s largest retailer
Residence: Bentonville, Arkansas.
7. ALICE WALTON
Net Worth: $54.4 Billion
Source of income: Walmart
Residence: Fort Worth, Taxes.
8. ROBSON WALTON
Net Worth: $54.1 Billion
Source of income: Walmart
Residence: Bentonville, Arkansas.
They are the children of Walmart founder Sam Walton and Helen Walton. The Walton siblings get approximately 11 billion dollars each in their Walmart shares.
9. LARRY PAGE
Net worth: $53.6 Billion
Source of income: Alphabet
Residence: Palo Alto, California.
An American computer scientist, and internet entrepreneur, best known as the co-founder of Google. He was a chief executive officer of Alphabet Inc.
10. STEVE BALLMER
Net Worth: $52.7 Billion
Source of income: Microsoft
Residence: Hunts Point, Washington.
Steve Ballmer, an American businessman, and the chief executive officer of Microsoft. He and his wife contributed $25 million for COVID-19 relief efforts.
