Business & Tech

These North Carolina Billionaires Are Among Richest In US: Forbes

Forbes this week released its 2021 World's Billionaires List. Those on the list saw their fortunes increase by more than $5 trillion.

Businessman James Howard Goodnight attends the Cocktails To Celebrate The Fortune 100 Best Companies To Work For on March 8, 2016 in New York City.
Businessman James Howard Goodnight attends the Cocktails To Celebrate The Fortune 100 Best Companies To Work For on March 8, 2016 in New York City. (Photo by Brad Barket/Getty Images for Time Inc. )

NORTH CAROLINA — The coronavirus has wreaked havoc on the U.S. economy, yet billionaires in North Carolina and across the globe are significantly wealthier than they were a year ago, according to this year’s recently released Forbes World's Billionaires List.

The number of billionaires on Forbes’ 35th annual list jumped to an unprecedented 2,755 people, 660 more than a year ago. Altogether, they are worth $13.1 trillion, up from $8 trillion in 2020.

Among those on the list, 86 percent are richer today than they were a year ago.

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The wealthiest North Carolinian could afford to buy a large cup of coffee at Krispy Kreme for every adult in the state every day for the next year, and still have millions of dollars in change left over.

The numbers will likely spark outrage, writes Forbes Chief Content Officer Randall Lane. “There’s no getting around a collective $5 trillion wealth surge during a pandemic, when most of the world felt scared, sick, besieged,” he wrote in a comprehensive essay titled “Operation Wealth Speed."

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However, “the underlying trends offer a road map to greater prosperity for all,” he continued. “Like anything else salvaged from a once-a-century plague, we just need to be brave enough to harness it.”

A total of five billionaires on this year’s list hail from North Carolina. At the top is James Goodnight, 78, who as CEO of technology company SAS Institute has a net worth of $6.5 billion.

Other North Carolina billionaires on the list include:

  • Tim Sweeney, who made his fortune in video games, has a net worth of $4.7 billion
  • John Sall, who made his fortune in software at SAS Institute, has a net worth of $3.2 billion
  • Dennis Gillings, who made his fortune in drug testing, has a net worth of $2 billion
  • Sergei Makhlai, who inherited his fortune through fertilizer manufacturing, has a net worth of $1 billion

To compile this year’s list, Forbes used a snapshot of its real-time billionaires rankings by analyzing stock prices and exchange rates for March 5.

A record 493 people made their debut on this year’s list. Another 250 who’d fallen off in the past made a reappearance, according to Forbes. This year’s list includes a record 328 female billionaires, up from 241 in 2020.

Soon-to-be-former Amazon CEO Jeff Bezos retained the top spot on this year’s list for the fourth consecutive year. Bezos, who founded the e-commerce giant out of his garage in Seattle, Washington, will step down as CEO at the end of this year.

Meanwhile, Elon Musk soared to the No. 2 spot, up from No. 31 on last year’s ranking. Bernard Arnault of LVMH remains at No. 3, followed by Bill Gates at No. 4. Rounding out this year’s top five is Facebook’s Mark Zuckerberg.

See the full 2021 Forbes Billionaires List.

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