The World's Richest

  • Jeff BezosJeff Bezos
    Amazon
    $112 billion
  • Bill GatesBill Gates
    Microsoft
    $90 billion
  • Warren Buffett
    Berkshire Hathaway
    $84 billion
  • Bernard Arnault & family
    LVMH
    $72 billion
  • Mark ZuckerbergMark Zuckerberg
    Facebook
    $71 billion
  • Amancio Ortega
    Zara
    $70 billion
  • Carlos Slim Helu & family
    telecom
    $67.1 billion
  • Charles Koch
    Koch Industries
    $60 billion
  • David Koch
    Koch Industries
    $60 billion
  • Larry EllisonLarry Ellison
    Oracle
    $58.5 billion
  • Mike BloombergMichael Bloomberg
    Bloomberg LP
    $50 billion
  • Larry PageLarry Page
    Google
    $48.8 billion
  • Sergey BrinSergey Brin
    Google
    $47.5 billion
Of the world’s 13 wealthiest people, 10 are American, which is truly amazing, as only 5% of the world population lives in the US. But much more amazing, is that of those 10, 7 of them founded information technology (IT) companies. Of the 7, all but Larry Ellison are politically very liberal. They use their companies to push a liberal agenda, even though 5 of the 6 companies are publicly traded and supposedly run for the benefit of shareholders. They donate money to liberal political causes and candidates. And they do as much as possible to destroy the system that has facilitated their incredible accumulation of wealth.

Like most tech moguls, none have ever served in the military.

6 of the 7 live in either Seattle or the Silicon Valley area. Michael Bloomberg, who is supposedly about to devote $100 million of his personal wealth to funding a run for the presidency in 2020, lives in New York City. So they all live and base their companies in the most liberal areas of the United States.

And the list is in no way misleading; other tech billionaires are just as liberal as the big 7. The billionaire founder of software firm SalesForce, Marc Benioff, runs one of the most liberal companies in the US based, of course, in San Francisco. He just led a campaign to add yet another tax on those living in San Francisco, which is already probably the most expensive place to live in the US. (But no problem if you’re a billionaire).

Most importantly, from our point of view, Benioff just purchased Time magazine. Tech moguls are moving their influence from the realm of new media to traditional print media, as can also be seen in Jeff Bezos' ownership of The Washington Post. As we've noted elsewhere, Google and Apple - as well as Netflix of course, have also become movie and TV producers.

Elsewhere in this report, we discuss Jeff Bezos and Amazon, Zuckerberg and Facebook, and Google’s Brin and Page. So just a few words about the other 3 here.

Bill Gates was known for his ruthless, monopolistic tactics while building Microsoft, before he turned his attention to philanthropy. In 1996, Microsoft founded Slate, the liberal online magazine, but generally Microsoft has not focused on developing liberal media to the same degree as Google, Amazon, or Facebook.

Larry Ellison has donated heavily to the GOP in the past. He hosted a 2014 political fundraiser for Rand Paul and supported Marco Rubio in 2016. Ellison is considered to be a business conservative. (Which is interesting, in that he considered his best friend to be the late, very liberal, Steve Jobs). But Ellison's company, Oracle, makes business software, and, unlike Apple, Google, Facebook, or Amazon, has no impact on consumer media, one way or the other.

Michael Bloomberg is the founder of an information services company focused on financial news. Bloomberg served as mayor of New York City for 3 terms from 2001 to 2013. He’s also one of the most narcissistic people alive. Before becoming an official Independent, Bloomberg ran for New York City Mayor as a Republican, despite the fact that he had never voted Republican in his life.

Bloomberg is such a big believer in telling people what to do that while mayor of New York City he tried to make the sale of large soft drinks illegal. He’s also, of course, a firm believer in gun control, which is easy enough when you can afford to surround yourself with (armed) bodyguards. He wrote an editorial for Bloomberg.com – which he owns – advocating for a Democratic majority in the midterm elections. He’s made a major push supporting women for political office. Bloomberg’s super PAC spent over $2 million  to help 7 female democratic congressional candidates. On the day of the election, Bloomberg.com even featured a prominent section on their website to follow the races featuring female candidates.

Collectively, the 7 tech titans have a net worth of about $500 billion, or half a trillion. They could solve many of the world’s problems through private action, as Bill Gates attempts to do with his foundation. But generally they would really rather take public action, and tell you what to do.