2024’s richest engineers: How 15 innovators built billion dollar empires from technology

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2024’s richest engineers: How 15 innovators built billion dollar empires from technology
EngineersInnovationJeff Bezos
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Meet the engineers whose technical skills have propelled them into the billionaire ranks, with a closer look at their net worth.

In 2024, engineers dominate seven of the top ten spots on the global billionaires list. Learn who they are and how they achieved their success.While engineering is often associated with high-paying jobs, it’s even more remarkable that many of today’s wealthiest individuals are engineers. This year, seven of the top 15 wealthiest people have engineering or technical backgrounds.

Despite not completing a traditional engineering degree, Ellison’s deep understanding of computer science and hands-on experience developing complex database systems earned him recognition as a skilled engineer. In 2021, Zuckerberg rebranded Facebook to Meta, broadening the focus to include the metaverse, with Meta now encompassing platforms like Instagram and WhatsApp. In 2024, a 70 percent rise in Meta’s stock increased Zuckerberg’s fortune by $78.1 billion, pushing him into the $200 billion club.Mark Zuckerberg controls approximately 13.5 percent of Meta Platforms, Inc. As founder and CEO, his substantial equity in the company forms the bedrock of his financial assets.

Brin’s achievements include co-founding Alphabet Inc. in 2015, stepping down as president in 2019, and working on zero-emissions air travel with his company, LTA. He has been recognized with the Marconi Prize and an induction into the National Academy of Engineering. Sergey Brin maintains a six percent ownership in Alphabet Inc.

While his initial 49 percent stake in Microsoft would be worth approximately $1.47 trillion today, he holds significantly less but remains in the 13th position on Forbes’ billionaire list. Among several other factors, his 2021 divorce marks a rare departure from the list of the top ten wealthiest people, a position he has held since 1991.Bill Gates’ fortune primarily stems from the multinational technology company, Microsoft, where he initially owned 49 percent of the company’s IPO.

Ambani has also been recognized as the only Indian businessman on Forbes’ list of the world’s most powerful people. In January 2024, Forbes India named him Asia’s richest person with a net worth of $96.4 billion. Under his direction, Reliance Industries achieved over $100 billion in revenue for the fiscal year ending March 2024. Mukesh Ambani is the 15th richest person in the world. Mukesh Ambani’s wealth primarily comes from his 50% ownership in Reliance Industries.

Charles, with a robust educational background holding a B.S. in General Engineering and M.S. degrees in Nuclear and Chemical Engineering, renamed the company from Rock Island Oil and Refining Company to Koch Industries in 1968.

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