As of January 2024, Elon Musk, the CEO of SpaceX, Tesla, and X (previously known as Twitter), was the richest person in the global tech industry with an estimated net worth of 217 billion U.S. dollars. Jeff Bezos, the founder of Amazon, followed with a net worth of 180 billion U.S. dollars. Bill Gates, co-founder of Microsoft, ranked third with a net worth of 142 billion U.S. dollars.
Elon Musk and Twitter/X
On October 27th, 2022, Elon Musk bought the social network Twitter for around 44 billion U.S. dollars and became its CEO. Since Musk’s acquisition, the company has experienced some adjustments, including a name change to X and the option for users of becoming verified members for eight U.S. dollars per month. Moreover, there has been reports of increasing hate speech and the platform after Musk's takeover.
Other tech billionaires and their companies
The second richest tech billionaire according to Bloomberg is Bill Gates. In 1975, he founded Microsoft with Paul Allen. Today, Microsoft develops consumer and enterprise software, services, and consumer electronics. In its 2023 financial year, Microsoft generated revenues of just under 212 billion U.S. dollars. By contrast, Mark Zuckerberg, the founder of Meta, ranked fourth. The company, previously known as Facebook, was rebranded in 2021 and its products include Facebook, Messenger, Instagram, and WhatsApp. Despite their wealth, these companies are not immune to the layoffs that have plagued the tech industry, which are affecting Meta and Amazon employees the most.
Wealthiest individuals in the technology industry worldwide as of January 2024, by net worth
(in billion U.S. dollars)
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Bloomberg. (January 23, 2024). Wealthiest individuals in the technology industry worldwide as of January 2024, by net worth (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 31, 2024, from https://www.statista.com/statistics/741762/the-richest-people-in-the-us-tech-industry/
Bloomberg. "Wealthiest individuals in the technology industry worldwide as of January 2024, by net worth (in billion U.S. dollars)." Chart. January 23, 2024. Statista. Accessed December 31, 2024. https://www.statista.com/statistics/741762/the-richest-people-in-the-us-tech-industry/
Bloomberg. (2024). Wealthiest individuals in the technology industry worldwide as of January 2024, by net worth (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 31, 2024. https://www.statista.com/statistics/741762/the-richest-people-in-the-us-tech-industry/
Bloomberg. "Wealthiest Individuals in The Technology Industry Worldwide as of January 2024, by Net worth (in Billion U.S. Dollars)." Statista, Statista Inc., 23 Jan 2024, https://www.statista.com/statistics/741762/the-richest-people-in-the-us-tech-industry/
Bloomberg, Wealthiest individuals in the technology industry worldwide as of January 2024, by net worth (in billion U.S. dollars) Statista, https://www.statista.com/statistics/741762/the-richest-people-in-the-us-tech-industry/ (last visited December 31, 2024)
Wealthiest individuals in the technology industry worldwide as of January 2024, by net worth (in billion U.S. dollars) [Graph], Bloomberg, January 23, 2024. [Online]. Available: https://www.statista.com/statistics/741762/the-richest-people-in-the-us-tech-industry/
