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April 6, United States: estimated net worth of the 20 richest people as of in billion U. Mark Zuckerberg's rise to prominence is well known. While at Harvard, he created the social media juggernaut Facebook. Despite the company's recent problems with the security of its data, Zuckerberg is the nation's wealthiest person under Henry Ford became one of America's most famous entrepreneurs due to the dominance of the Ford Motor Company. Ford was able to make cars efficiently and inexpensively after inventing the moving assembly line.
By , nearly half of all cars on American roads were Fords. A hard-working salesman, Marshall Field earned a fortune from his eponymous chain of department stores. He started a job at a Chicago mercantile house as a teen and worked his way up the store ranks to become a partner of the firm.
He eventually bought out his partners and renamed his enterprise's stores Marshall Field and Company. Many 19th-century industrialists were notorious for their unscrupulous business practices and derisively called robber barons.
Jay Gould may have been one of the most despised of this set because of his business practices. He reportedly issued fraudulent stock to buyers and bribed legislators to ensure that the sales went through. He rolled much of his profit into purchasing part of the Union Pacific Railroad.
Warren Buffett b. Known as the "Oracle of Omaha," Warren Buffett is a modern-day legend of investing and business diversification. He created his company, Buffett Partnership, in and quickly became a millionaire. He then purchased a textile company called Berkshire Hathaway but ended its textile division and purchased varied assets. Shares of Berkshire Hathaway are now among the most coveted stocks on the market. Friedrich Weyerhaeuser left Germany at age 18 and began working at a sawmill in Illinois.
After the economic downturn of , Weyerhaeuser bought the mill and expanded his empire. He purchased logging operations around the Mississippi River. In he set a record for engaging in the largest private land transaction, when he bought , acres in Washington.
Bill Gates b. After founding Microsoft, Bill Gates ranked as the wealthiest person in America for more than 20 years. He famously dropped out of Harvard to create Microsoft with partner, Paul Allen. The company transitioned from making computing machines to also offering software. Today Investopedia ranks it as the world's largest software company by revenue.
Born in Ireland, Stewart traveled to America to sell dry goods. He became one of the first retailers to offer standard prices instead of haggling with customers. Stewart's company became so large, it won a contract to supply uniforms for Union soldiers during the Civil War. At a time when considerable portions of America's new transportation infrastructure were being built, Andrew Carnegie's company supplied the needed steel.
Carnegie Steel Corporation used technologically advanced methods to make prodigious amounts of steel and it owned the requisite raw materials to make production cheaper. He once wrote the "man who dies rich dies disgraced.
Stephen Van Rensselaer was born into considerable wealth. His father died when he was just 5 and left him a large amount of land and holdings. Stephen Van Rensselaer decided to rent out much of this property and at one point reportedly had as many as , tenants. In Richard Mellon and his brother Andrew took over a bank run by their father. The pair also made money from the steel and coal industries, as well as the new burgeoning railroad business.
Andrew ended up entering politics, becoming Treasury secretary, while Richard remained in the private sector. Though he was born before the founding of the United States, Stephen Girard became one of its most important early business tycoons.
He amassed a fleet of trading ships and invested much of his money in the First Bank of the United States. He eventually bought the bank's assets and used them to lend millions of dollars to the young country. John Jacob Astor personifies the American success story. He moved to America from Germany with no money and started a fur trading business that flourished.
After selling his trading enterprise, he invested in New York City real estate. At one point, his company owned hundreds of Manhattan properties. Jeff Bezos b. Amazon founder Jeff Bezos has seen his net worth skyrocket over the past year as his company continues to dominate the online shopping marketplace.
However, Bezos' net worth is about to take a hit. On April 4, Bezos' ex-wife MacKenzie announced that the pair had completed negotiations for their divorce. Walmart is America's largest brick-and-mortar retailer, and its success has largely been guided by the influence of its founder, Sam Walton. He expanded his first retail efforts from overseeing a single Ben Franklin franchised store in Arkansas into managing 15 outlets.
After he butted heads with the chain's management, he decided to open his own stores. Cornelius Vanderbilt first made his fortune ferrying goods on the rivers surrounding New York City.
He later helped establish the railroad industry as a means of transporting goods to the West in the mids. John D. Rockefeller is one of the most successful businessmen of all time. He established a standard for the quality of oil and strived to run his company, Standard Oil, at peak efficiency.
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