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Technology's Richest Billionaires

Posted on Mar. 11, 2010 at 01:20 (Subscribe)

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Bill Gates is no longer the world's richest man.

Though the software visionary's net worth   cheap christian louboutin  rose $13 billion to a whopping $53 billion in the last year, he was ousted from the top of the money bin by Mexican telecom mogul Carlos Slim Helu, who took the No. 1 spot on Forbes' billionaire list this year, with a fortune of $53.5 billion.

Despite this coup, the top 10 richest tech billionaires saw their fortunes rise a collective $55.8 billion over the past year, helped by a surge in the value of technology stocks.

The biggest gainer besides Gates cheap gucci shoes  was Indian software czar Azim Premji, whose net worth jumped more than $11 billion to $17 billion. Premji is the chairman of Wipro ( WIT - news - people ), India's third-largest software exporter, which reported net profits in the last two quarters, signaling a rebound for the U.S.-dependent outsourcing giant.

Oracle founder Larry Ellison's net worth grew by $5.5 billion, as Oracle's shares rocketed up 70% over the past 12 months. Google ( GOOG - news - people ) founders Sergey Brin and Larry Page also saw their fortunes rise by $5.5 billion since last year; each now has a net worth of $17.5 billion. While Google's ad revenue from search continues to grow, the company has made forays into the smart phone market (with its Nexus One   discount gucci shoes phone and the Android mobile operating system), the browser market (with Chrome) and social networking (with Google Buzz).

Forbes' 2010 billionaires list also marks the return of the young tech billionaire. The world's youngest billionaire, 25-year-old Facebook founder Mark Zuckerberg, returns after a hiatus last year, with a $4 billion net worth. Though the social network company is still private, recent transactions of its shares on the private equity exchange SecondMarket put the company's value at upward of $15 billion.

Venture capitalist Peter Thiel also returns to the   discount christian louboutin  billionaires list thanks to Facebook's rising fortunes. The 42-year-old, who cofounded PayPal (later purchased by eBay), was Facebook's first outside investor. Thiel initially invested $500,000 in 2004. Another returnee: Marc Benioff. The stock of his software company Salesforce.com ( CRM - news - people ) rose 30% over the past six months. The 45-year-old tech entrepreneur's net worth is now $1.3 billion.


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