10 Richest Tech Billionaires (& What They’re Working On Now) | CPT PPP Coverage

Cryptopolytech (CPT) Public Press Pass (PPP)
News of the Day COVERAGE

200000048 – World Newser
•| #People |•| #World |•| #Online |•| #Media |•| #Outlet |

View more Headlines & Breaking News here, as covered by cryptopolytech.com

For some people, more money means more problems. For the richest tech billionaires in the world, more money means a greater opportunity to foster widespread change for the greater global good. Of course, with the volatile marketplace resulting from the pandemic and the subsequent lockdown, even the wealthiest tech CEOs face a level of uncertainty that could affect their bottom line. But will that alter the ambitious technological plans in the future?

As the third fiscal quarter of 2022 is about to draw to a close, now is a perfect time to catch up with the world’s richest tech billionaires are up to in 2022 and beyond and how they plan to utilize their immense wealth to make a positive difference in the world. Thanks to Bloomberg Billionaires Index for the updated financial figures.

10/10 Michael Dell: $44.1 Billion

The Founder, Chairman, and CEO of Dell Technologies, Michael Dell is currently worth $44.1 billion as of September 25, 2022. The Texas-based tech company earned $101 billion in revenue in 2021, and Michael currently holds an ownership stake in the Dell spinoff company VMWAre Inc., which was founded in 2021 and focuses on cloud computing.

During his address at Dell Technologies World in Las Vegas in May 2022 (via datacenterknowledge.com), Dell claimed that he plans to double down on the cloud computing market, saying, “We’re taking the next leap forward with a multicloud ecosystem that encompasses the edge where AI processes and moves data across 5G networks in highly automated environments.”

9/10 Zhang Yiming: $44.5 Billion

The Founder of TikTok and its parent company ByteDance, Zhang Yiming, is worth $44.5 billion as of September 25, 2022. That’s quite a feat considering he stepped down as the CEO of ByteDance in 2021 after a successful handover to its new leader.

According to Forbes, Zhang plans to stay onboard ByteDance and serve as an advisor in 2022 and beyond, claiming he’s better suited to “analyzing organizational and market principles, and leveraging these theories to further reduce management work.” Part of Zhang’s analysis includes expanding the VR sector to rival Meta, although the Pico headset recently stumbled out of the gate in September 2022, forcing further market analysis (per The Information). Perhaps the richest TikTokers will begin using Pico sooner than later.

8/10 Mark Zuckerberg: 52.6 Billion

Formerly known as Facebook, Meta Platforms’ Co-founder, Chairman, and CEO Mark Zuckerberg is currently worth $52.6 billion. As the head honcho of the world’s largest social network, most should know by now that Zuckerberg is investing immense resources into pushing the Metaverse forward, a virtual hub leading consumers into the 21st century.

According to The New York Times in July 2022, Zuckerberg is “operating with increased intensity” with the company’s plans to revamp the entire user interface of Facebook and restore its once sterling reputation that has sagged in recent years. Part of pushing the technological boundaries forward includes the creation of Project Cambria, an innovative VR Headset debuted by Meta in 2022 (via The Verge).

7/10 Larry Ellison: $83.9 Billion

As the Founder and largest shareholder of the multinational tech giant Oracle, Larry Ellison is worth $83.9 billion as of September 25, 2022. The massive tech corporation earned $40 billion in the year to May 31st (per Bloomberg), with Ellison also earning his wealth from owning a 1.5% stake in Tesla, and investing real estate investments in such pricey places as Hawaii.

In March 2022, Ellison announced plans to invest in an affordable housing project on Lanai, the 6th-largest island in Hawaii that he currently owns a 98% share of (according to SF Gate), marking the state’s first such project since the early 1990s. According to Bloomberg, Ellison moved to Lanai full-time during the pandemic and invested $90 billion in the affordable housing project that includes 150 homes two-bedroom single-family homes.

6/10 Steve Ballmer: $84.9 Billion

Despite stepping down as Microsoft’s CEO in 2014, Steve Ballmer still owns a substantial share of the company in 2022. As such, he’s currently worth $84.9 billion, thanks to multimedia revenue sources derived from Windows, Xbox, Surface tablets, Microsoft smart home technology, and more. Ballmer also owns the Los Angeles Clippers basketball team.

Nowadays, Ballmer is working on USAFacts.org, a website aimed at giving voters relevant political information. Ballmer has decided to turn the data-collecting site to build a “Moneyball” for government in 2022 (per The New York Times) by giving accurate and detailed information to voters in order to hold politicians to account.

5/10 Sergey Brin: $87.3 Billion

Sergey Brin is the Co-Founder of Alphabet, the holding corporation that owns Google, the most used search engine in the world that earned $258 billion in revenue in 2021 (per Bloomberg). Worth $87.3 billion as of September 2022, Brin has been working on the secret airship company Lighter Than Air (LTA) over the past 18 months (per Business Insider).

Inspired by the USS Macon, the airship will be an eco-friendly humanitarian service that will drop and deliver necessary goods in underdeveloped areas around the globe. Per WSJ, Brin is also writing a physics textbook in his spare time in 2022.

4/10 Larry Page: $91.2 Billion

Along with Brin, Larry Page co-founded Alphabet, the holding company that owns Google, which also subsidizes such revenue-earning products as services as Android and YouTube. As of September 25, 2022, Page is worth an estimated $91.2 billion, which he has partially used to work on the air taxi start-up service Kittyhawk, which he claimed was “winding down” on September 22, 2022 (per CNN), telling the outlet, “We’re still working on the details of what’s next.”

While Page plans to pull the plug on Kittyhawk in the near future, the company’s partnership through Boeing, entitled Wisk, will continue. Per CNN, Wisk is currently developing an “all-electric, self-flying air taxi that rises like a helicopter and flies like a plane.”

3/10 Bill Gates: $107 Billion

Bill Gates co-founded Microsoft, the world’s largest software manufacturer. Aside from the company earning $168 billion in 2021 through its various properties, Gates has amassed his wealth through investments made via Cascade Investments as well as The Gates Foundation. As such, he’s currently worth $107 billion, per the Bloomberg Billionaire Index.

Ever the forward-thinker, Gates has invested $125 million in 2022 to roll out the next pandemic preparedness plan (per The Atlantic), which will hopefully “end the acute phase of COVID-19 and prevent the next pandemic,” (per The Gates Foundation). According to Gates’ 2022 book How to Prevent the Global Pandemic, Gates plans to assemble teams of first responders called GERM (Global Epidemic Response and Mobilization) and Emergency Operation Centers (EOCs) to create an organized network of prepared professionals to proactively fight the virus rather than react to it.

2/10 Jeff Bezos: $137 Billion

The Founder of Amazon, the world’s largest digital retailer that has since expanded into multimedia entertainment, Jeff Bezos should be a household name by now. Although Bezos stepped down as CEO of Amazon in mid-2021, he’s currently worth $137 billion. In the past year, Bezos has been investing in Altos Labs, a company dedicated to reverse-aging and immortality (per The Byte).

In addition to fighting death via Altos Labs, Bezos has also been investing money in his space-travel company called Blue Origin to rival the likes of SpaceX. Bezos also recently launched the Bezos Earth Fund, an initiative that pledges $10 billion “to support scientists, activists, and charities working on the climate crisis” (per The Guardian).

1/10 Elon Musk: $245 Billion

The CEO of both Tesla and SpaceX, Elon Musk is currently the richest tech billionaire in the world. Worth $235 billion as of late September, Musk recently made a bid to purchase Twitter to increase his technological standing in 2022. One of the busiest and most ambitious tech visionaries, the real question is what isn’t Musk doing next?

According to futurism.com, Musk has lofty plans to send the first crewed mission to Mars by 2024. In the interim, Musk hopes to launch an innovative “new kind of city-to-city transport aboard an earth-to-earth version of the Big Rocket Falcon.” Musk is also prioritizing Hyperloop, a high-speed transportation system for the public and delivery of goods. Of course, there’s also Neuralink, Musk’s attempt to bridge AI with human consciousness, which is also in the early stages of development in 2022.

NEXT: 10 Biggest Moments In The Space Race