Richest People in the US 2023 - Wealthiest Individuals Ranked
by Krishika M
Updated Jun 17, 2023
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Richest People in the US 2023
The topic of the richest people in the US in 2023 captures the attention of the public, highlighting the extraordinary wealth and entrepreneurial success of individuals who have made a significant impact on the American economy and society as a whole. Here is the list of the richest people in the US as of 2023:
1
Elon Musk
$189.1 billion
2
Jeff Bezos
$123.0 billion
3
Larry Ellison
$118.5 billion
4
Warren Buffett
$110.3 billion
5
Bill Gates
$109.2 billion
6
Michael Bloomberg
$94.5 billion
7
Larry Page
$90.8 billion
8
Steve Ballmer
$89.4 billion
9
Sergey Brin
$87.0 billion
10
Mark Zuckerberg
$76.3 billion
S.no.
People
Net worth
Top 10 Richest People in the US
The richest people in the United States often have diverse portfolios, ranging from established businesses to startups, and their success often goes beyond financial achievements. Many of them have become influential figures in philanthropy, using their wealth to make a positive impact on society through various charitable initiatives and foundations.
The ranking of the richest people in the US not only showcases the vast economic disparities that exist in the country but also sheds light on the opportunities and challenges present in the American business landscape. It provides a glimpse into the incredible wealth creation potential that exists within the US economy and serves as a source of inspiration for aspiring entrepreneurs and investors.
In this guide, we will explore more information about the richest persons in the United States as of 2023. Scroll down and know more!
1. Elon Musk ($189.1 billion)
Elon Musk is a renowned business magnate and investor who has made significant contributions in various industries. He is widely recognized as the founder, CEO, and chief engineer of SpaceX, a groundbreaking aerospace manufacturer and space transportation company that aims to revolutionize space exploration and colonization.
Additionally, Musk serves as the angel investor, CEO, and product architect of Tesla, Inc., an innovative electric vehicle manufacturer that has played a pivotal role in driving the adoption of sustainable transportation worldwide.
Beyond his roles in SpaceX and Tesla, Musk holds significant positions in other prominent companies. He is the owner, CTO, and chairman of Twitter, a popular social media platform that allows users to express themselves and engage with a global audience.
Musk is also the founder of the Boring Company, a tunnel construction firm that focuses on developing efficient and cost-effective transportation systems. Furthermore, he has founded X Corp., a company dedicated to developing and advancing technology in fields such as robotics and artificial intelligence.
Musk's influence extends to the realm of neuroscience through Neuralink, a company he co-founded. Neuralink aims to develop implantable brain-machine interface devices to enhance human cognitive abilities and address neurological conditions. Moreover, Musk played a crucial role in the establishment of OpenAI, an organization focused on advancing artificial intelligence for the benefit of humanity.
In addition to his extensive entrepreneurial endeavors, Musk is known for his philanthropic efforts as the president of the Musk Foundation. The foundation supports various causes and initiatives, including renewable energy, global health, and education.
Musk's entrepreneurial success has led to remarkable financial achievements, placing him at the top of several esteemed wealth rankings. As of June 2023, he is recognized as the wealthiest person in the world according to the Bloomberg Billionaires Index and Forbes's Real Time Billionaires list. With substantial ownership stakes in Tesla and SpaceX, his estimated net worth is valued at around $189.1 billion.
2. Jeff Bezos ($123.0 billion)
Jeff Bezos is a prominent American entrepreneur, media proprietor, investor, and commercial astronaut. He is best known as the founder, executive chairman, and former president and CEO of Amazon, a global e-commerce and cloud computing giant, and has a net worth of $123.0 billion as of 2023. Under Bezos' leadership, Amazon has grown into one of the most valuable and influential companies in the world.
As the visionary behind Amazon, Bezos played a pivotal role in transforming the way people shop and consume goods. The company started as an online bookstore in 1994 and expanded rapidly to offer a wide range of products and services, including electronics, apparel, home goods, digital content, and more.
Today, Amazon has a significant presence in numerous countries and operates various subsidiaries and divisions, such as Amazon Web Services (AWS), which provides cloud computing solutions to businesses and organizations.
Bezos' entrepreneurial ventures extend beyond Amazon. He is an active investor in various industries, including space exploration, technology, and media. Bezos founded Blue Origin, a private aerospace manufacturer and spaceflight services company, with the goal of enabling affordable and accessible space travel.
He has been involved in several successful ventures and acquisitions, leveraging his expertise and financial resources to drive innovation and create new opportunities.
In addition to his business pursuits, Bezos has made headlines for his personal achievements. In July 2021, he briefly became a commercial astronaut when he flew to the edge of space aboard the New Shepard spacecraft, developed by Blue Origin. This historic spaceflight marked a significant milestone in Bezos' lifelong interest in space exploration and his commitment to advancing space technology.
3. Larry Ellison ($118.5 billion)
Larry Ellison is an influential American business magnate and investor who has made a significant impact in the technology industry. He is widely recognized as the co-founder, executive chairman, and chief technology officer (CTO) of Oracle Corporation, a leading American computer technology company.
Ellison played a crucial role in the establishment and growth of Oracle Corporation, which specializes in developing and marketing database software, cloud solutions, and enterprise software products. Under his leadership as CEO for several decades, Oracle became one of the world's largest and most successful technology companies, providing essential tools and solutions for businesses worldwide.
Beyond his contributions to Oracle, Ellison is known for his remarkable real estate investments. Notably, he holds a 98% ownership stake in Lanai, the sixth-largest island in the Hawaiian Archipelago. Ellison's vision for Lanai includes transforming it into a sustainable and technologically advanced community, leveraging renewable energy sources and innovative infrastructure.
Larry Ellison's entrepreneurial achievements have translated into substantial wealth. As of June 2023, he was ranked as the third wealthiest persons in the world with a net worth of $118.5 billion. His wealth is primarily derived from his holdings in Oracle Corporation and various other business ventures.
Aside from his professional endeavors, Ellison has been involved in philanthropic activities. He has made significant donations towards medical research, education, and wildlife conservation, demonstrating his commitment to making a positive impact beyond the business realm.
Larry Ellison's influence in the technology industry, coupled with his strategic investments and philanthropic efforts, have solidified his position as a notable figure in the business world. His entrepreneurial vision, leadership, and vast wealth have allowed him to shape the future of technology and contribute to various causes, leaving a lasting legacy in both business and philanthropy.
4. Warren Buffett ($110.3 billion)
Warren Buffett is a prominent American business magnate, investor, and philanthropist known for his exceptional investment acumen. He currently serves as the chairman and CEO of Berkshire Hathaway, a multinational conglomerate holding company based in the United States.
Buffett has gained widespread recognition and admiration for his investment prowess, often referred to as one of the most successful investors in history. He has employed a value investing strategy, focusing on long-term investments in undervalued companies with strong fundamentals. His approach emphasizes thorough research, patience, and a focus on the intrinsic value of businesses.
As the leader of Berkshire Hathaway, Buffett has overseen the company's impressive growth and diversified portfolio. Berkshire Hathaway has invested in a wide range of industries, including insurance, utilities, transportation, manufacturing, and technology. Notable investments within the Berkshire Hathaway portfolio include Coca-Cola, Apple, American Express, and Bank of America, among others.
Beyond his business achievements, Buffett is recognized for his philanthropic endeavors. He has pledged to donate a significant portion of his wealth to charitable causes and has already made substantial contributions.
Buffett, along with Bill and Melinda Gates, co-founded The Giving Pledge, a philanthropic initiative that encourages wealthy individuals to commit the majority of their wealth to philanthropy during their lifetime or in their will.
Warren Buffett's investment success has translated into immense personal wealth. As of March 2023, his net worth is estimated to be around $110.3 billion, making him one of the wealthiest individuals globally. Despite his substantial wealth, Buffett is known for his modest lifestyle and frugal habits, emphasizing the importance of financial discipline and long-term thinking.
5. Bill Gates ($109.2 billion)
Bill Gates is a prominent American business magnate, investor, and philanthropist who has left an indelible mark on the technology industry, with a net worth of $109.2 billion. He is best known as the co-founder of Microsoft, a global software corporation that revolutionized the world of personal computing.
Gates, along with his late childhood friend Paul Allen, co-founded Microsoft in 1975. Their vision and innovation played a pivotal role in the microcomputer revolution of the 1970s and 1980s, bringing affordable and user-friendly software solutions to the masses. Microsoft's operating systems, such as MS-DOS and Windows, became instrumental in shaping the modern computing landscape.
Throughout his career at Microsoft, Gates held various leadership positions, including chairman, CEO, president, and chief software architect. He played a vital role in driving the company's growth and success, overseeing the development of groundbreaking software products and expanding Microsoft's influence across different industries.
Gates' entrepreneurial accomplishments and contributions to the technology industry have earned him widespread recognition and accolades. He has been a key figure in shaping the modern digital era and empowering individuals and businesses through innovative software solutions.
Beyond his achievements in the business world, Gates is also known for his philanthropic efforts. Alongside his wife, Melinda Gates, he established the Bill & Melinda Gates Foundation, one of the largest philanthropic organizations globally.
The foundation focuses on addressing critical global challenges, such as poverty, healthcare, education, and climate change, with the aim of improving lives and creating lasting social impact.
6. Michael Bloomberg ($94.5 billion)
Michael Bloomberg is a prominent American businessman, politician, philanthropist, and author who has made significant contributions across various fields. He is widely recognized as the majority owner, co-founder, and CEO of Bloomberg L.P., a global financial information and media company. He has been witnessed as one of the richest persons in the United States with a net worth of $94.5 billion as of 2023.
Bloomberg's career in business and finance spans several decades, during which he played a key role in revolutionizing the way financial data is collected, analyzed, and disseminated. Bloomberg L.P.'s flagship product, the Bloomberg Terminal, provides real-time financial market data, news, and analysis to professionals in the finance industry.
Under Bloomberg's leadership, the company has become a powerhouse in the financial information sector.
In addition to his business ventures, Bloomberg ventured into politics and served as the mayor of New York City for three terms from 2002 to 2013. During his tenure, he focused on various issues, including public health, education reform, and environmental sustainability. His policies aimed to enhance the quality of life in the city and drive economic growth.
Bloomberg's political aspirations extended beyond the mayoral office, and he ran as a candidate for the 2020 Democratic nomination for president of the United States. Although he did not secure the nomination, his campaign focused on issues such as climate change, gun control, and economic equality.
7. Larry Page ($90.8 billion)
Larry Page, born on March 26, 1973, is an influential American business magnate, computer scientist, and internet entrepreneur. He is most recognized as the co-founder of Google, one of the world's leading technology companies. He is also regarded as one of the wealthiest people in United States as of 2023, with a net worth of $90.8 billion.
Page, along with Sergey Brin, co-founded Google in 1998 while they were Ph.D. students at Stanford University. They developed a revolutionary search engine algorithm known as PageRank, which provided more accurate and relevant search results based on website popularity and relevance.
This algorithm became the foundation of Google's search engine, which rapidly gained popularity and revolutionized the way people access information online.
Under Page's leadership as CEO, Google experienced tremendous growth and expanded its services beyond search. The company introduced a wide range of products and services, including Gmail, Google Maps, Google Drive, and Google Chrome, among others. These offerings transformed Google into a global technology powerhouse, known for its innovation and user-centric approach.
Page's contributions to the internet industry go beyond Google. In 2015, he co-founded Alphabet Inc., Google's parent company, to oversee a diverse range of ventures and initiatives. Alphabet encompasses various subsidiaries, including Google, Waymo (a self-driving car company), Verily (a life sciences research firm), and DeepMind (an artificial intelligence research organization), among others.
Page's vision and entrepreneurial spirit have been instrumental in shaping the digital landscape and driving innovation. His leadership has focused on pushing boundaries, exploring emerging technologies, and fostering a culture of innovation within Google and Alphabet.
8. Steve Ballmer ($89.4 billion)
Steven Ballmer, an American billionaire businessman and investor, has made significant contributions to the technology industry and sports ownership. He is best known for his tenure as the chief executive officer of Microsoft from 2000 to 2014.
Ballmer joined Microsoft in 1980 and played a crucial role in the company's growth and success. During his time as CEO, he focused on expanding Microsoft's product portfolio and driving innovation across various areas, including operating systems, office productivity software, and cloud computing.
Under his leadership, Microsoft launched major products such as Windows XP, Windows 7, Office 365, and Azure, solidifying the company's position as a global technology leader.
Beyond his achievements in the technology sector, Ballmer is also recognized for his ownership of the Los Angeles Clippers, a professional basketball team in the National Basketball Association (NBA). He acquired the team in 2014 and has been actively involved in the franchise's operations and development.
Ballmer's success in both technology and sports ownership has translated into substantial personal wealth. As of February 2023, the Bloomberg Billionaires Index estimates his net worth to be around $90 billion, ranking him as the eighth-richest person in the world. His wealth primarily stems from his ownership stakes in Microsoft and other investments.
In addition to his business endeavors, Ballmer is known for his philanthropic efforts. He and his wife, Connie Ballmer, have established the Ballmer Group, a philanthropic organization focused on improving economic mobility and opportunities for children and families in the United States. He is regarded as the richest persons in the US with the net worth of $89.4 billion.
9. Sergey Brin ($87.0 billion)
Sergey Brin, an American business magnate, is renowned as the co-founder of Google alongside Larry Page. Brin played a pivotal role in the development and success of one of the world's most influential technology companies. He has also been witnessed as one of the richest persons in US with the net worth of $87.0 billion as of 2023.
Brin served as the president of Alphabet Inc., Google's parent company, until December 3, 2019, when he stepped down from the role. However, he and Page continue to be actively involved at Alphabet as co-founders, controlling shareholders, and board members. Their continued presence ensures their contributions and guidance in shaping the company's strategic direction.
Under Brin's leadership and alongside Page, Google experienced significant growth and became a global powerhouse in internet services and technology. The company's search engine revolutionized the way people access information online and remains one of the most widely used search engines worldwide.
Brin's technical expertise and vision were instrumental in driving innovation and expanding Google's product offerings, including Google Maps, Gmail, Google Drive, and Android, among others.
Beyond his achievements in the technology industry, Brin's entrepreneurial success has translated into substantial wealth. As of May 2023, he is recognized as the 10th-richest person in the world, with an estimated net worth of $93.2 billion. His wealth is primarily derived from his ownership stake in Alphabet Inc.
While Brin has dedicated considerable time and effort to Google and Alphabet, he is also involved in various philanthropic initiatives. He established the Brin Wojcicki Foundation with his ex-wife, Anne Wojcicki, to support scientific research, education, and healthcare projects.
10. Mark Zuckerberg ($76.3 billion)
Mark Zuckerberg, an American business magnate, internet entrepreneur, and philanthropist, is widely recognized as the co-founder of the social media giant Facebook. He has played a significant role in revolutionizing the way people connect and communicate online. The net worth of Mark Zuckerberg is estimated to be around $76.3 billion as of 2023.
Zuckerberg co-founded Facebook in 2004 while he was a student at Harvard University. What started as a small social networking platform for college students quickly grew into a global phenomenon, connecting billions of people worldwide.
As the executive chairman, chief executive officer, and controlling shareholder of Meta Platforms (formerly Facebook, Inc.), Zuckerberg has been instrumental in guiding the company's growth, shaping its strategic direction, and overseeing its numerous acquisitions and ventures.
Under Zuckerberg's leadership, Facebook has expanded its services beyond its core platform, acquiring popular applications and platforms such as Instagram and WhatsApp. This has further solidified the company's position as a dominant force in the social media and communication landscape.
In addition to his business ventures, Zuckerberg is also actively involved in philanthropy. Together with his wife, Priscilla Chan, he established the Chan Zuckerberg Initiative, a charitable organization focused on addressing global challenges in areas such as education, health, and scientific research.
Through this initiative, Zuckerberg has pledged substantial portions of his wealth to support various social and humanitarian causes.
Zuckerberg's entrepreneurial success and influence extend beyond the realm of technology. His impact on shaping the way people connect and share information online has transformed the digital landscape. As one of the most prominent figures in the technology industry, he continues to lead Meta Platforms and drive innovation in the social media and technology sectors.
Wealthiest People in US
Here are a few more names of individuals who are widely recognized as some of the wealthiest people in the United States:
Jim Walton: Jim Walton is a member of the Walton family, the heirs to the Walmart fortune. As an heir to the retail giant, his wealth stems from his ownership stake in Walmart.
Alice Walton: Alice Walton, another member of the Walton family, has also amassed significant wealth through her ownership in Walmart. She is known for her involvement in art collecting and philanthropy.
Charles Koch: Charles Koch, along with his late brother David Koch, built Koch Industries into one of the largest privately held conglomerates in the United States. His wealth is primarily derived from his ownership stake in the company.
Julia Koch: Julia Koch, the widow of David Koch, inherited a substantial portion of the Koch Industries fortune. She is actively involved in philanthropy and has become one of the wealthiest women in the US.
MacKenzie Scott: MacKenzie Scott, the former wife of Jeff Bezos, acquired a significant portion of Amazon stock in their divorce settlement. Her wealth has made her one of the wealthiest women in the world, and she has gained recognition for her philanthropic efforts.
Phil Knight: Phil Knight is the co-founder and former CEO of Nike, a global sports apparel and footwear company. His wealth stems from his ownership stake in Nike.
Carl Icahn: Carl Icahn is an investor, activist shareholder, and businessman known for his involvement in various industries. He has made significant investments and acquisitions over the years, contributing to his substantial wealth.
George Soros: George Soros is a prominent investor, philanthropist, and hedge fund manager. His wealth has been built through his successful investments and financial activities.
Oprah Winfrey: Oprah Winfrey, a media mogul and television personality, has built a vast empire through her media ventures, including her television network, production company, and magazine. Her wealth comes from her media and entertainment ventures.
Eric Schmidt: Eric Schmidt served as the CEO of Google from 2001 to 2011 and later as the executive chairman of Alphabet Inc. His wealth is primarily derived from his tenure at Google and his ownership stake in Alphabet Inc.
These individuals represent a diverse range of industries and have achieved remarkable success in their respective fields, resulting in their notable positions among the wealthiest people in the United States.
Richest People in the US 2023 - FAQs
As of the latest available data, the richest person in the United States is Jeff Bezos, the founder of Amazon. His wealth primarily comes from his ownership stake in Amazon and other investments.
These individuals accumulate their wealth through various means, such as founding and running successful businesses, making strategic investments, owning substantial stakes in companies, and participating in lucrative industries like technology, finance, and retail.
Yes, many of the wealthiest individuals in the United States are actively involved in philanthropy. They use their wealth to fund charitable initiatives, establish foundations, and support various causes to make a positive impact on society.
Yes, the rankings and net worth figures of the wealthiest people can fluctuate over time due to factors like stock market movements, changes in business valuations, and personal investments.
Yes, many of these wealthy individuals are involved in diverse industries and ventures beyond their primary sources of wealth. They may invest in other businesses, engage in political activities, pursue philanthropic endeavors, or participate in sports ownership, among other ventures.