Business & Tech
85 CA Billionaires Among America's Richest People: See New List
Larry Ellison tops CA's billionaire list with $276B as Forbes 400 hits record $6.6T in combined wealth, driven by stock surges and AI mania.
Larry Ellison, who is worth an estimated $276 billion, is the richest person in California, according to the Forbes 400 ranking of the wealthiest Americans released Tuesday.
Overall, California has 85 billionaires on the elite Forbes list.
America’s super-rich have never been wealthier. The 400 richest people in the country are worth a record $6.6 trillion — $1.2 trillion richer than they were last year, due mainly to surging stock markets and “AI mania," Forbes said.
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It took a net worth of $1.7 billion to make the Forbes 400 a decade ago, and those with fortunes of $3.8 billion were “comfortably within the top half of the ranking,” Forbes said, noting that now, “that lofty sum is the minimum required.”
California's richest billionaire, Ellison, grew his wealth from the software giant, Oracle. Today, he owns roughly 40 percent of the company. Nationally, Ellison ranks No. 2 in the nation, under Elon Musk.
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Tesla and SpaceX mogul Musk, worth a staggering $428 billion, would have been the richest person in California if he hadn't moved his company operations to Texas last year.
Other Californians in the ranking include:
Mark Zuckerberg
Net worth: $253 billion
Industry: Facebook
Ranking nationally: 3
Philanthropy score: 2
Larry Page
Net worth: $179 billion
Industry: Google
Ranking nationally: 5
Philanthropy score: 1
Sergey Brin
Net worth: $166 billion
Industry: Google
Ranking nationally: 6
Philanthropy score: 2
Jensen Huang
Net worth: $151 billion
Industry: Semiconductors
Ranking nationally: 8
Philanthropy score: 1
Henry Samueli
Net worth: $27.7 billion
Industry: Semiconductors
Ranking nationally: 34
Philanthropy score: 2
Eric Schmidt
Net worth: $26.8 billion
Industry: Google
Ranking nationally: 36
Philanthropy score: 3
Here are the top 25 billionaires in California:
| CA Rank | Name | Net Worth (USD Billion) | Source of Wealth | City/Residence | US Rank |
|---|---|---|---|---|---|
| 1 | Larry Ellison | $276 billion | Oracle | Lanai City | 2 |
| 2 | Mark Zuckerberg | $253 billion | Palo Alto | 3 | |
| 3 | Larry Page | $179 billion | Palo Alto | 5 | |
| 4 | Sergey Brin | $166 billion | Los Altos | 6 | |
| 5 | Jensen Huang | $151 billion | Nvidia | Santa Clara | 8 |
| 6 | Henry Samueli | $27.7 billion | Palo Alto | 39 | |
| 7 | Eric Schmidt | $26.8 billion | Atherton | 40 | |
| 8 | Robert Pera | $24 billion | Wireless networking | San Carlos | 50 |
| 9 | Peter Thiel | $23.9 billion | Facebook, investments | Foster City | 53 |
| 10 | Henry Nicholas III | $19.6 billion | Semiconductors | Newport Beach | 56 |
| 11 | Donald Bren | $19.2 billion | Real Estate | San Jose | 57 |
| 12 | Eric Schmidt | $17.9 billion | Hardware stores | Montecito | 57 |
| 13 | Adam Foroughi | $17.4 billion | Marketing software, mobile games | Los Angeles | 60 |
| 14 | Jan Koum | $17.4 billion | Atherton | 57 | |
| 15 | George Roberts | $16.8 billion | Private equity | Atherton | 60 |
| 16 | John Doerr | $16.1 billion | Venture capital | Menlo Park | 63 |
| 17 | Jack Dangermond | $14.1 billion | Mapping software | Redlands | 77 |
| 18 | Antony Ressler | $13.8 billion | Finance | Los Angeles | 78 |
| 19 | John Tu | $13.8 billion | Computer hardware | Diamond Bar | 78 |
| 20 | David Sun | $13.8 billion | Computer hardware | Irvine | 78 |
| 21 | Charles Schwab | $13.1 billion | Discount brokerage | Woodside | 87 |
| 22 | Brian Armstrong | $12.9 billion | Cryptocurrency | Los Angeles | 90 |
| 23 | Laurene Powell Jobs | $12.7 billion | Apple, Disney | Palo Alto | 96 |
| 24 | Dustin Moskovitz | $12 billion | San Francisco | 101 | |
| 25 | Chris Larsen | $11.5 billion | Cryptocurrency | San Francisco | 104 |
Elon Musk remained at the top of the list. He also became the first person on the list to surpass $400 billion. That was $152 billion richer than Larry Ellison, the second-richest American, and a difference that’s more than Warren Buffett’s entire net worth, Forbes said.
The 10 richest people in America are:
- Elon Musk, 54, $428 billion, Tesla, SpaceX (Texas)
- Larry Ellison, 81, $276 billion, Oracle (California)
- Mark Zuckerberg, 41, $253 billion, Facebook (California)
- Jeff Bezos, 61, $241 billion, Amazon (Florida)
- Larry Page, 52, $179 billion, Google (California)
- Sergey Brin, 52, $166 billion, Google (California)
- Steve Ballmer, 69, $153 billion, Microsoft (Washington)
- Jensen Huang, 62, $151 billion, semiconductors (California)
- Warren Buffett, 95, $150 billion, Berkshire Hathaway (Nebraska)
- Michel Dell, 60, $129 billion, Dell Technologies (Texas)
This year’s ranking includes 14 newcomers, including four who are worth $10 billion or more.
President Donald Trump ranks 201st on the list with a net worth of $7.3 billion. Within the real estate industry, Trump ranks eighth in the sector, led by Donald Bren of California, with a net worth of $19.2 billion, and Stephen Ross of Florida, who is worth about $17 billion.
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