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Top 10 Technology

This document lists the top 10 richest people in technology in 2010. Bill Gates was ranked number 1 with a net worth of $53 billion from his company Microsoft. Lawrence Ellison was ranked number 2 with a net worth of $28 billion from his company Oracle. Sergey Brin was ranked number 3 with a net worth of $17.5 billion as a co-founder of Google.

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0% found this document useful (0 votes)
58 views

Top 10 Technology

This document lists the top 10 richest people in technology in 2010. Bill Gates was ranked number 1 with a net worth of $53 billion from his company Microsoft. Lawrence Ellison was ranked number 2 with a net worth of $28 billion from his company Oracle. Sergey Brin was ranked number 3 with a net worth of $17.5 billion as a co-founder of Google.

Uploaded by

Pallav Abhishek
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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Top 10 Technology's Richest person in the world 2010

No.1 Bill Gates


$53 billion
Microsoft, U.S.
Software visionary is now the world’s second-richest man. Net worth still up $13
billion in a year as Microsoft shares rose 50% in 12 months, value of investment
vehicle Cascade swelled. More than 60% of fortune held outside Microsoft;
investments include Four Seasons hotels, Televisa, Auto Nation. Stepped down from
day-to-day duties at Microsoft in 2008 to focus on philanthropy.

No.2 Lawrence Ellison


$28 billion – Oracle, U.S.
Oracle founder’s fortune continues to soar; shares up 70% in past 12 months.
Database giant has bought 57 companies in the past five years. Completed $7.4 billion
buyout of Sun Microsystems in January; acquired BEA Systems for $8.5 billion in
2008. Studied physics at U. of Chicago; didn’t graduate. Started Oracle 1977; took
public a day before Microsoft in 1986.

No.3 Sergey Brin


Net worth: $17.5 billion
The Google cofounder’s hot streak brings him up a couple of rankings to 24th richest in
the world. His fortune grew $5.5 billion as shares of the search giant rose 70% in past
year. Google revenues hit $23.7 billion. Unveiled smart phone Nexus One in January;
operates with Android software. Announced upgraded version of Chrome browser in
March. Emigrated from Russia, met future partner Larry Page at Stanford; duo dropped
out of computer science Ph.D. program in 1998. Brin introduced goats to Google’s
campus last year, since animals are less harmful to the environment than lawn mowers.

No.4 Larry Page


Net worth: $17.5 billion
The surge in Google stock pushed up cofounder Page’s fortune by $5.5 billion and lands him
as 24th richest. Google continues to dominate search, though it has seen Microsoft’s Bing
search engine–launched in 2009–take a slice of its market share. The company has moved
into mobile phones and mobile software with the January launch of its Nexus One smart
phone, which uses its Android operating system software. Google Apps–including Google
Docs and Google Calendar–are a $750 million piece of the overall business and growing.
Page met Brin at Stanford, where the pair founded Google.

No.5 Azim Premji


Net worth: $17 billion
Software czar’s net worth jumped more than $11 billion in the past year, while his ranking
among billionaires went from 83rd to 28th this year. Premji chairs Wipro, India’s third-
largest software exporter, which reported net profits in the last two quarters, signaling a
rebound for the U.S.-dependent outsourcing giant. The Azim Premji Foundation, his
charitable arm, plans to set up Azim Premji University. He co-chaired the World Economic
Forum’s annual meeting in Davos this year. Eldest son Rishad, a Harvard grad, is Wipro’s
general manager for treasury and investor relations.
No.6 Steve Ballmer
Net worth: $14.5 billion
Ballmer’s net worth increased $3.5 billion in the last year, as Microsoft’s shares climbed
50%. In 2009 the manic Microsoft chief finally cut a deal with Yahoo (after failed
acquisition attempts) to pay for its search technology. The company’s new operating
system Windows 7, released in October 2009, was hailed as much better than predecessor
Vista. The upcoming Windows Phone 7 Series mobile operating system surprised and
delighted pundits. Ballmer, famous for impassioned stage antics, pretended to stomp on
an iPhone at a company event last year, after an employee snapped a picture with Apple’s
offending device.

No.7 Bernard Arnault


$27.5 billion
Luxury goods, France.
Bling is back, helping fashion icon grab title of richest European as shares of his luxury goods
outfit LVMH–maker of Louis Vuitton, Moet & Chandon–surge 57%. LVMH is developing
upscale Shanghai commercial property, L’Avenue Shanghai, with Macau billionaire Stanley
Ho.

No.8 Paul Allen


Net worth: $13.5 billion
Microsoft cofounder’s net worth rose $3 billion in the last year. Allen, who left Microsoft
long ago, recently launched software outfit Xiant, whose product Filer helps users keep track
of emails in Microsoft’s Outlook. Though he no longer chairs Charter Communications,
which recently emerged from bankruptcy, Allen still controls 35% of voting interest in the
cable outfit. The philanthrop
ist has been diagnosed with lymphoma and is undergoing chemotherapy treatment.

No.9 Michael Dell


Net worth: $13.5 billion
Dell’s net worth rose $1.2 billion from a year ago, but his ranking among dropped to
37th from 25th last year. The leader of one of the world’s largest PC-makers, trying to
claw its way back to the top, completed a purchase of IT services outfit Perot Systems
in November 2009. Dell returned to the company helm two years ago, brought new
management, restructured divisions. Dell introduced smart phone and tablet devices
in the past few months. The company’s stock slipped nearly 10% in the past six
months, however, and revenue fell 13% in the year ended January 2010.

No.10 Jeffrey Bezos


Net worth: $12.3 billion
Bezos’ fortune rose $5.5 billion in the past year, as Amazon shares climbed 100%. His
rank on the billionaires list is 43rd this year, up from 68th last year. Bezos launched the
Kindle digital book reader in 2007; Kindle 2 debuted in 2008. Amazon’s net income
increased 40% while the economy crashed in 2009, as bargain-hunters flocked to its
online marketplace for low prices and convenience. It also acquired online shoe retailer
Zappos in July 2009 for $800 million in stock.
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