Only Two People in the World Are Worth $100B or More, and Both Live in the Seattle Area

A total of three billionaires with Puget Sound roots rank among the 20 richest people on the planet
Updated: Fri, 03/22/2019 - 13:17
 
 
  • A total of three billionaires with Puget Sound roots rank among the 20 richest people on the planet

Three of the 20 richest people in the world live or have roots in the Seattle area and collectively are worth nearly $300 billion, according data compiled by the Bloomberg Billionaires Index and current as of March 20.

All three of the individuals have seen their wealth expand since the beginning of the year, propelled by a robust stock market ― with the collective gain year to date totaling nearly $36 billion.

The mega-billionaire business leaders linked to the Seattle area include, No. 1, Jeff Bezos, founder and the largest shareholder of online retail behemoth Amazon, with a total net worth of $146 billion; No. 2, Bill Gates, co-founder of software giant Microsoft, with a net worth of $100 billion; and No. 16, Steve Ballmer, former Microsoft CEO and owner of the L.A. Clippers NBA franchise, with a net worth of $44.3 billion.

The three Seattle-linked individuals making the list may come as no surprise, but Bloomberg offers some “random facts” about each that might be enlightening. In the case of Bezos, he learned how to castrate cattle while working on his grandparents’ ranch in Texas. Gates apparently likes to play cards (bridge) with fellow billionaire Warren Buffett, ranked No. 4 on the billionaires list. And Ballmer, Bloomberg notes, joined Microsoft as “employee No. 30 in 1980.”

Of the world’s top 20 billionaires, according to the Bloomberg index, 13 are from the U.S., two are from China, two are from France, and one each hail from India, Mexico and Spain. More than half of the billionaires  in the top 20 made their fortunes in either the technology or retail sectors, with the technology sector leading the way with eight billionaires.

Related Content

Seagen President and CEO Clay Siegall

Seattle is among the top markets in the nation for life sciences.

Despite the closure of the West Seattle Bridge last March due to structural deficiencies, homes are still selling

Despite the closure of the West Seattle Bridge last March, homes are still selling

The lawsuit alleges that the City Council imposed a tax on 'the right to earn a living'

The lawsuit alleges that the City Council imposed a tax on 'the right to earn a living'

Seattle and Washington state have readjusted better than most to remote work during the pandemic

Seattle and Washington state have readjusted better than most to remote work during the pandemic