Latest Breaking News Online News Portal
FOX Business host Charles Payne reacts to warnings of doom and gloom from billionaires on ‘Making Money.’
A handful of individuals reportedly became new additions to Forbes’ list of the wealthiest Americans that also continued to feature many familiar faces at the top.
The collective value of those on the 400-member ranking saw a roughly 12.5% increase compared to the prior year, with it coming in at $4.5 trillion for 2023, Forbes reported Tuesday. The list comes out on a yearly basis in the fall.
Top 5 richest Americans
The men holding the two highest positions on the ranking – Tesla and SpaceX CEO Elon Musk, at No. 1, and Amazon founder Jeff Bezos, at No. 2 – were the same year-over-year, according to Forbes.
TESLA REPORTS DIP IN PRODUCTION DELIVERIES IN 3RD QUARTER
The top-five richest Americans as determined by Forbes were:
- Musk, $251 billion
- Bezos, $161 billion
- Larry Ellison, $158 billion
- Warren Buffett, $121 billion
- Larry Page, $114 billion
Ellison, the co-founder of Oracle, and Buffett, the longtime CEO of Berkshire Hathaway, each reportedly saw a 1-spot gain from where they were in 2022. The outlet attributed the former’s movement on the list to Oracle and artificial intelligence (AI), noting no other members saw a dollar increase to their net worth as big as his.
Billionaire American businessman Jeff Bezos arrives for his meeting with British Prime Minister Boris Johnson at the UK diplomatic residence in New York City Sept. 20, 2021. (Michael M. Santiago/Pool via REUTERS / Reuters Photos)
ORACLE ANNOUNCES NEW GENERATIVE AI SERVICES FOR BUSINESSES
The sector of AI has been growing significantly since late last year, with more and more AI tools and developments coming out.
Google co-founder Page was among the five richest Americans after holding the No. 6 spot in 2022.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| TSLA | TESLA INC. | 246.53 | -5.07 | -2.02% |
| GOOGL | ALPHABET INC. | 132.43 | -1.74 | -1.30% |
| AMZN | AMAZON.COM INC. | 124.72 | -4.74 | -3.66% |
| ORCL | ORACLE CORP. | 104.53 | -2.18 | -2.04% |
| BRK.A | BERKSHIRE HATHAWAY INC. | 521,685.00 | -6,447.50 | -1.22% |
Top 5 richest new additions
For inclusion, wealthy Americans need to be worth at least $2.9 billion, the threshold for 2023’s list, according to Forbes.
The top-five richest new additions as per the outlet were:
Elisabeth DeLuca
Elisabeth DeLuca’s first-time appearance on the annual ranking with a net worth of $8.2 billion comes over a month after Subway, the foot-long sandwich chain created in the 60s by her late husband Fred DeLuca and physicist Peter Buck, revealed Roark Capital Group as its new owner through a proposed acquisition by the private equity firm’s affiliates. The sandwich chain’s U.S. restaurants saw deli slicers for freshly sliced meats introduced over the summer. It also recently said it had generated an increase of 9.8% same-store sales year-over-year over the first six months of the year.
A Subway sandwich is seen on a table at a Subway restaurant on Jan. 12, 2023 in Austin, Texas. (Photo Illustration by Brandon Bell/Getty Images / Getty Images)
SUBWAY AGREES TO SALE TO ROARK CAPITAL, ENDING NEARLY 6 DECADES OF FAMILY OWNERSHIP
Annette Lerner
At $6.5 billion, Annette Lerner and her family appears to be the second wealthiest of those entering the Forbes 400 in 2023. Her husband, real estate company Lerner Enterprises founder and Washington Nationals owner Ted Lerner, died in February.
William Goldring
Forbes reported Goldring and his family’s fortune stood around $6 billion. Their wealth stems from Sazerac Company and its large portfolio of alcoholic spirits brands.
Bill Goldring, Chairman of the Sazerac Company, attends Emeril Lagasse’s Boudin, Bourbon & Beer at Champions Square on Nov. 7, 2014 in New Orleans. (Photo by Erika Goldring/Getty Images / Getty Images)
Sanjit Biswas
Biswas has a personal fortune of $3.6 billion. Samsara, the tech company he started with fellow Forbes 400 newcomer John Bicket about eight years ago, has a market capitalization of $12.98 billion as of Tuesday afternoon. It became publicly traded in late 2021.
Josh Kushner
The estimated $3.6 billion net worth of Kushner, whose brother married Ivanka Trump, makes him among the five richest of those new to the Forbes 400 and tied for No. 314 with 11 others on the overall list, per Forbes. His venture capital firm Thrive Capital reportedly manages $16 billion worth of assets.
Joshua Kushner attends The 2023 Met Gala Celebrating “Karl Lagerfeld: A Line Of Beauty” at The Metropolitan Museum of Art on May 1, 2023 in New York City. (Photo by Jamie McCarthy/Getty Images / Getty Images)
Including those five individuals, a total of 18 made their debuts on the list, according to the outlet. NBA legend Michael Jordan and his reported $3 billion fortune were also in the group.
His lucrative partnership with Nike, which partly helped contribute to his personal fortune, was recently the subject of a Ben Affleck-directed movie called “Air.” The original Nike-Jordan deal took place in 1984.
