Some of the richest people in the world – Elon Musk” Jeff BezosAnd Mark Zuckerberg – Their fortunes in Silicon Valley. A new report in the Wall Street Journal suggests that most American billionaires have not collected their wealth in technology. Instead, it is the banking and financial fields that have produced most of the super-rich in the country.
According to data that are shared with the Wsj of wealth -Inflooring company OtherLast year there were 1,135 billionaires in the US, an increase compared to 927 in 2020. About 300 billionaires earned their money in banking and finances, while an estimated 110 came from the technology sector. In the meantime, 75 billionaires earned their money in real estate.
Many of course gave a lead by inheriting wealth. A third of the American billionaires received some of their wealth of an inheritance, according to Altrata.
Related: This 30-year-old billionaire says that life ‘has not really changed so much’ after having made billions. Here she outsources money.
The data shows that American billionaires are worth a total of $ 5.7 trillion. Musk, Bezos and Zuckerberg Only only include around $ 1 trillion, or almost a sixth, of that wealth.
Altrata also discovered that billionaires tend to live in one state above all other: California. The highest percentage of them, around 255 people, live in the golden state. However, they have primary companies in almost every American state, except Wyoming and Alaska.
The list of American billionaires contains some recognizable names, including Oracle founder Larry Ellison and Google co-founder Sergey Brin, as well as some more private individuals, such as Diane Hendricks, co-founder of ABC deliveryThe largest distributor in North America of construction products.
Hendricks, who is the richest homemade woman with a net value of $ 22.3 billionIs one of the 150 female billionaires based in the US and joins stars such as Taylor Swift and Selena Gomez. The majority of the list, 86%, consists of men.
Related: Is Selena Gomez the next beauty billionaire?
When it comes to philanthropy, Altrata data shows that billionaires have donated or promised to donate around $ 185 billion in charity organizations over the past decade. Among them is Berkshire Hathaway CEO Warren Buffett, who gave a record of $ 6 billion to different foundations in June.
Almost half of all total donations of billionaires, $ 90 billion, went to two causes: education and medical examination. Some of the most popular organizations that received donations were the Central Park Conservancy In New York City, who received funds that collective was worth around $ 100 million from 89 people, and Johns Hopkins UniversityThose donations received $ 7.5 billion of around 30 people.
However, giving charity is not a priority for all billionaires. Since 2015, one in four has each donated less than a million dollars.
Some of the richest people in the world – Elon Musk” Jeff BezosAnd Mark Zuckerberg – Their fortunes in Silicon Valley. A new report in the Wall Street Journal suggests that most American billionaires have not collected their wealth in technology. Instead, it is the banking and financial fields that have produced most of the super-rich in the country.
According to data that are shared with the Wsj of wealth -Inflooring company OtherLast year there were 1,135 billionaires in the US, an increase compared to 927 in 2020. About 300 billionaires earned their money in banking and finances, while an estimated 110 came from the technology sector. In the meantime, 75 billionaires earned their money in real estate.
Many of course gave a lead by inheriting wealth. A third of the American billionaires received some of their wealth of an inheritance, according to Altrata.
The rest of this article is locked.
Become a member of entrepreneur+ Today for access.
#billionaires #technology #finance #Entrepreneur


