The annual Forbes 400 list highlights the people in the United States who have a net worth of $2.9 billion or more. The 40th annual list showed a range of ages 29 to 95 in 2021. Here is a look at the oldest and youngest people on the list and what makes their fortunes.
The Forbes 400 List: The combined wealth of the 2021 list is over $4.5 trillion, the highest amount in its 40 year history.
“Despite the uncertainty and the ever-changing market economy, the 2021 Forbes 400 shows that America’s wealthiest have grown far richer.” Assistant Managing Editor Kerry A. Dolan said. “The wealthiest Americans collectively saw a 40 percent increase over last year, and nearly all are richer than they were last year.”
Amazon.com Inc (NASDAQ: AMZN) founder Jeff Bezos topped the list for the fourth straight year with a $201 billion net worth.
The Youngest: There are 15 people under the age of 40 that appear on the Forbes 400 2021 list. This is an increase from the 13 and 12 in 2019 and 2020 respectively.
List newcomer Sam Bankman-Fried is the youngest billionaire on the list at age 29. The founder of FTX has a net worth of $22.5 billion thanks to the rising value of the cryptocurrency exchange he founded two years ago.
FTX has become a household name in the crypto world and is increasing its presence in sports. The company has deals with Trevor Lawrence, <a …
Full story available on Benzinga.com