Silicon valley is the nickname given to an area in California, located in the southern bay. It was christened this because it was home to lots of innovators and creators of the silicon chip. It has since become the leading area in the world for tech innovations. It is home to many tech start ups and houses the head offices of some of the worlds biggest tech companies.
With that in mind we have had a look through Forbes rich list, to see the five richest people coming form Silicon Valley, and what their fortunes and companies are.
Coming it at number five is the widow of Apple pioneer Steve Jobs, Lauren Powell Jobs. She has several business interests of her own, but her shares in Apple, as well as a big interest in the Disney company have seriously increased her net worth. Living in Paolo Alto California, she has a net worth of $20.6 Billion dollars.
At number four on the list in one of Google’s Co-Founders Sergey Brin. Brin is one half of the team that created one of the most profitable internet companies in the world. A Russian who immigrated to America when he was 6, he suspended his PHD studies in computer science when the forerunner for google became so popular around their university campus. They moved their headquarters into a rented garage and the rest is history. Net worth is said to around $28.9 billion.
Number three, it will come as no shock, is the second name behind Google, Larry Page. Along with Sergey Brin he is responsible for the search engine today as we know it. Page created Pagerank, Google’s well known search term ranking algorithm, Page has a net worth of $29.4 billion.
Next on the list is probably the most recognisable name to people outside of your hardcore tech enthusiasts. Mark Zuckerberg. The controversial and brilliant man behind social networking site Facebook has seen his company, and wealth grow at a crazy rate. The head offices of his company are located at Menlo Park, and he himself moved to Paolo Alto. Net worth is said to be $36.4 Billion.
Finaly the top dog at number one is Larry Ellison, founder and top dog of Oracle. A net worth of over $50 Billion, dwarfs the others on that lists, and has him regularly punching it out at the very top of any rich lists. Oracle corporation is a software company, and their headquarters are at redwood shores California.