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Forbes 400 Richest Americans 2016 Shows Record Wealth

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Bill Gates tops the Forbes 400 list of richest Americans in 2016. (Screengrab)

By    |   Wednesday, 05 Oct 2016 05:58 AM

Forbes 400 richest Americans 2016 list includes a record amount of wealth, with list-makers led by Bill Gates racking up a combined net worth of $2.4 trillion and an average of $6 billion.

Gates, former CEO of Microsoft, kept his spot atop the list with $81 billion in net worth, followed by Amazon CEO Jeff Bezos with $67 billion, knocking Warren Buffett to third place for the first time in 15 years, Forbes reported.

Facebook’s CEO, Mark Zuckerberg, moved to fourth place on the 400 list this time around, posting a net worth of $55.5 billion, which is his highest rank ever, according to Forbes.

Fifth place is occupied by Larry Ellison, the founder of Oracle, who fell to No. 5 on the list for the first time since 2007.

Forbes 400 also featured the success of some immigrants this year, who have been able to build some of the strongest American companies, showing people that the American dream is real, Forbes noted. Immigrants make up 42 of the spots on this year’s list, coming from countries like Russia, Israel, India, Hungary, and Taiwan.

Among Forbes’ 400 wealthiest, nine are Washingtonians, including Gates and Bezos, according to The Seattle Times.

Republican presidential nominee Donald Trump fell 35 spots to No. 156 on the list, which pegged his net worth at $3.7 billion, The Chicago Tribune noted, adding that a softening real estate market in New York contributed to Trump's $800 million decline in net worth from last year.

The complete list is posted on the Forbes website.

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Forbes 400 richest Americans 2016 list includes a record amount of wealth, with list-makers led by Bill Gates racking up a combined net worth of $2.4 trillion and an average of $6 billion.
forbes, richest, americans, list
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2016-58-05
Wednesday, 05 Oct 2016 05:58 AM
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