It goes without saying that there are a lot of rich people in California. From Hollywood to real estate and tech titans, Californians are bringing the proverbial bacon home by the millions and billions. California is a huge state with almost 40 million people. If California were a country of its own, it would have the fifth largest economy in the world and rank third in terms of the number of billionaires who call it home. There are 614 billionaires in the US. 369 in mainland China and 165 in California. Golden State's 40 million people give it a population that rivals many countries, and large size is one reason for the number of billionaires.
The other is, of course, Silicon Valley and the tech industry. Some of the world's largest technology companies, such as Facebook and Google, are located in California. Tech tycoons make up 42% of California's billionaires. After technology, finance, and real estate, they represent the majority of billionaires. California's Top 10 Richest People doesn't even include a series of high-profile tech tycoons. Billionaires like Evan Spiegel and Sheryl Sandberg and Vinod Khlosa and Jack Dorsey and Peter Thiel are not in the top 10. The poorest person on the list is WhatsApp founder Jan Koum, who has a net worth of $ 10 billion.
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# 10. Jan Koum – $ 10 billion
Atherton, California
Source: WhatsApp
Jan Koum and co-founder Brian Acton sold their messaging app to Facebook for $ 22 billion in cash and shares in 2014. He resigned in April 2018 and has been on a real estate buying spree ever since, buying a property for $ 80 million 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 director of the board of the parent company of Google Alphabet until June 2019. He is currently 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 health startup NantHealth went public and made him a fortune on his first day on the market. Pronto-Shiong is not just a doctor, he is also a co-owner of the Los Angeles Lakers. In 2016 he bought a stake 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 magnate in the United States. It has more than 115 million square feet that are mainly found in Orange County, California, city of Irvine. It also owns a 97% interest 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 company. His firm partnered with Apple and Leonardo DiCaprio to create America & # 39; s Food Fund, an effort that aims to raise $ 15 million for Feeding America and World Central Kitchen through a GoFundMe account. Powell started the campaign with a contribution of $ 12 million (with Apple and DiCaprio) to the fund and Oprah contributed $ 1 million.
# 5. Elon Musk – $ 32 billion
Los Angeles California
Source: Tesla, SpaceX
Musk tweeted a certain amount of skepticism about COVID-19 in early March, writing: "This coronavirus panic is silly." It didn't take long for him to reverse that claim and say he planned to turn his Tesla factories into fan production facilities.
# 4. Larry Ellison – $ 54 billion
Woodside, California
Source: Oracle
Ellison assembled a team of Oracle engineers to help build a real-time coronavirus tracking website in collaboration with the White House Food and Drug Administration. 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 resigned 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 Foundation COVID-19 Solidarity Response Fund. World Health Organization.
# 1 Mark Zuckerberg – $ 65 billion
Palo Alto, California
Source: Facebook
Zuckerberg announced a $ 100 million grant for small businesses affected by the coronavirus. He has also donated 720,000 masks that Facebook had for California wildfires to health workers.