The 10 Richest People In California Right Now
The other is, of course, Silicon Valley and the technology industry. Some of the biggest tech companies in the world, like Facebook and Google, are located in California. Tech moguls make up 42% of California’s billionaires. After technology, finance and real estate, account for the most billionaires. The list of the 10 richest people in California doesn’t even include a number of high profile tech moguls. Billionaires like Evan Spiegel and Sheryl Sandberg and Vinod Khlosa and Jack Dorsey and Peter Thiel are nowhere near the top 10. The poorest person on the list is WhatsApp founder Jan Koum, who has a net worth of $10 billion. #10. Jan Koum – $10 billion Atherton, California Source: WhatsApp Jan Koum and his co-founder Brian Acton sold their messaging app to Facebook for $22 billion in cash and stock in 2014. He resigned in April 2018 and since then has been on a real estate buying spree, buying an $80 million estate in Atherton and a $100 million property in Malibu. #9. Eric Schmidt – $11 billion Atherton, California Source: Google Eric Schmidt was CEO of Google from 2001 to 2011. He was a director on the board of Google parent company Alphabet until June 2019. He is currently a technical advisor to Alphabet. #8. Patrick Soon-Shiong – $15.5 billion Los Angeles, California Source: Abraxis BioScience, American Pharmaceutical Partners, NantHealth In June 2016, Soon-Shiong’s healthcare startup NantHealth went public and made him a fortune during its first day on the market. Soon-Shiong is not just a doctor, he’s also part-owner of the Los Angeles Lakers. In 2016 he bought a share in Tribune Publishing, owner of the Los Angeles Times. #7. Donald Bren – $16.6 billion Newport Beach, California Source: Real Estate Bren is the richest real estate mogul in the United States. He owns more than 115 million square feet that is mostly in the Orange County, California city of Irvine. He also owns a 97% stake in the MetLife Building in Manhattan. #6. Laurene Powell Jobs -$23 billion Palo Alto, California Source: Apple, Disney Steve Jobs’ widow founded Emerson Collective, a philanthropic and investing firm. Her firm partnered with Apple and Leonardo DiCaprio to create America’s Food Fund, an effort that aims to raise $15 million for Feeding America and World Central Kitchen through a GoFundMe account. Powell kicked the campaign off by contributing $12 million (with Apple and DiCaprio) to the fund and Oprah kicked in $1 million. #5. Elon Musk – $32 billion Los Angeles, California Source: Tesla, SpaceX Musk tweeted a certain amount of skepticism over COVID-19 in early March, writing, “This coronavirus panic is dumb.” It didn’t take long for him to reverse that statement and say that he planned to turn his Tesla factories into ventilator production facilities. #4. Larry Ellison – $54 billion Woodside, California Source: Oracle Ellison put together a team of engineers from Oracle to help build a real-time coronavirus tracking website in collaboration with the Food and Drug Administration for the White House. He also owns the Hawaiian island of Lanai. #3. Sergey Brin – $57 billion Los Altos, California Source: Google #2. Larry Page – $59 billion Palo Alto, California Source: Google Page and Brin stepped down as CEO and president, respectively, of Google’s parent company Alphabet in December 2019. In March, Google pledged $50 million to the United Nations Foundation’s COVID-19 Solidarity Response Fund for the World Health Organization. #1. Mark Zuckerberg – $65 billion Palo Alto, California Source: Facebook Zuckerberg announced a $100 million grant for small businesses impacted by the coronavirus. It has also donated 720,000 masks that Facebook had for California wildfires to health workers.