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End of IT Revolution?
Oct. 6th, 2014 04:23 pmMicrosoft Founder Bill Gates took the top spot for the 21st year in a row on Forbes 400 richest Americans list with a net worth of $81 billion. Warren Buffett, Chairman and CEO of Berkshire Hathaway ranks second with a net worth of $67 billion, and Oracle CEO Larry Ellison is in third place with a $50 billion fortune.
In addition to these long-time heavyweights, 27 new names grace this year’s list. Lets take a look to just 3 new names in this list.
First of all it is 30-year old college dropout Elizabeth Holmes. Holmes reportedly “labored in secret” for almost a decade while developing a revolutionary new blood-testing technology. In 2003 she took her findings to the public and founded Theranos-- the company announced partnerships with Walgreens and other major drugstores to bring a new type of blood testing to consumers. The biotech founder is the youngest self-made woman on the Forbes 400 list with a net worth of $4.5 billion. Holmes dropped out of Stanford University her sophomore year as a chemical engineering major and used her tuition money to found her company.
Other new names of note on the 2014 list include video game king Jon Yarbrough, who got his start as a college kid in Tennessee by renting out his foosball table to a local bar for a 50-50 split of the profits. He expanded into video gaming machines and his business grew with the Tribal Casino business. Yarbrough’s current net worth is $1.66 billion and in June he announced plans to sell his company to an Australian firm for $1.28 billion.
Rockstar Energy Drink creator Russ Weiner also made his debut into the 400 with a $2.5 billion net worth. He founded the Red Bull and Monster Beverage competitor after learning the beverage industry-ropes while working for the founder of Skyy Vodka and expects 2014 sales of his drink to reach $713 million.
In total, one from biotech and chemecal engineering, one from video gaming and gaming machine bussines and one from the beverage industry. No one from IT industry?
In addition to these long-time heavyweights, 27 new names grace this year’s list. Lets take a look to just 3 new names in this list.
First of all it is 30-year old college dropout Elizabeth Holmes. Holmes reportedly “labored in secret” for almost a decade while developing a revolutionary new blood-testing technology. In 2003 she took her findings to the public and founded Theranos-- the company announced partnerships with Walgreens and other major drugstores to bring a new type of blood testing to consumers. The biotech founder is the youngest self-made woman on the Forbes 400 list with a net worth of $4.5 billion. Holmes dropped out of Stanford University her sophomore year as a chemical engineering major and used her tuition money to found her company.
Other new names of note on the 2014 list include video game king Jon Yarbrough, who got his start as a college kid in Tennessee by renting out his foosball table to a local bar for a 50-50 split of the profits. He expanded into video gaming machines and his business grew with the Tribal Casino business. Yarbrough’s current net worth is $1.66 billion and in June he announced plans to sell his company to an Australian firm for $1.28 billion.
Rockstar Energy Drink creator Russ Weiner also made his debut into the 400 with a $2.5 billion net worth. He founded the Red Bull and Monster Beverage competitor after learning the beverage industry-ropes while working for the founder of Skyy Vodka and expects 2014 sales of his drink to reach $713 million.
In total, one from biotech and chemecal engineering, one from video gaming and gaming machine bussines and one from the beverage industry. No one from IT industry?
