Title: Co-founder, chairman of ABC SupplyNet Worth: $4.9 billion. Getty The Fisher family: Based in SF, worth $10.2 billion. Larry Page and Sergey Brin are the third- and fourth- richest people in Silicon Valley. Mars promoter. Just behind Zuck comes Oracle co-founder Larry Ellison. But where exactly in San Francisco do the richest of the rich people live? San Francisco mayor calls on billionaires to step up More Mayor London Breed discussed her city’s response to COVID-19 and how some of its wealthiest citizens should be contributing more. Where is San Francisco’s Billionaires Row? Brin reportedly donated $104 million to Covid-19 relief efforts, while Page has avoided the public eye. I am a San Francisco-based wealth reporter, primarily covering tech billionaires. Still, the pair remains on the Alphabet board and have retained more than half of the company’s voting rights. Click through the slideshow above to see which Bay Area billionaires made the top 20 list of richest Americans. 2 with 87. San Francisco is now the third city in the world with the most billionaires, per a new Pera, who is Ubiquiti’s CEO and chairman, took the company public in 2011 and now holds nearly 90% of its stock. Billionaire’s Row is an anomaly of San Francisco. Before that, I was an assistant editor for innovation, and wrote about startups and. Since ceding executive control of Google's parent company Alphabet at … All Rights Reserved, This is a BETA experience. One out of every 11,600 people living in San Francisco is a billionaire, a new study reveals. Every 11,000th resident of San Francisco is a billionaire and every 110th is homeless. Read Alix Martichoux's latest stories and send her news tips at amartichoux@sfchronicle.com. View pictures, check Zestimates, and get scheduled for a tour of some luxury listings. While he was born in New York, he now lives on "Billionaire's Row" in San Francisco's Pacific Heights neighborhood. Hastings' fortune is largely tied up in Netflix stock, which was hovering near its all-time high of about $200 a share. If that’s too confusing, San Francisco is a city famous for 7 hills: Billionaire’s Row is at the top of one of them. Got stock market FOMO? 359 on the list. I'm a San Francisco-based Assistant Managing Editor with a focus on the world's richest people. Netflix recently announced a price increase on two of its subscriber tiers, with the company upping its content budget in 2018 from $7 billion to $8 billion. Brin is the other guy behind Google and ranks just below fellow co-founder Larry Page. But who's counting? Despite a purported tech exodus, the Golden State is home to more billionaires than ever. Forbes' 2021 World's Billionaires list features 189 California residents, an increase of 24 compared to last year. Before that, I was an assistant editor for innovation, and wrote about startups and artificial intelligence. Tunnel digger. Last year, Irvine Company laid off nearly 1,700 workers. The founder and president of philanthropic vehicle Emerson Collective, Powell Jobs has put money into causes including education, immigration, environment and the media. Outside of tech, which is the source of wealth for 44% of California's billionaires, the state is also home to large concentrations of fortunes stemming from finance and investments (23%), as well as real estate (7%). Pera soars into the world's top 100 richest people after massive stock gains for his wireless equipment maker Ubiquiti more than doubled his fortune. He and wife Cari Tuna are also behind philanthropic vehicles Open Philanthropy and Good Ventures. New York comes in No. But is Elon Musk a comedian? Ahead of the 2020 presidential election, the Asana CEO gave $47 million to a pro-Biden super-PAC. The Atlantic magazine, in which Powell Jobs holds a controlling stake, laid off 20% of its staff during the early stages of the pandemic. Kids need folding chairs too and this one's $6. San Francisco has the third-highest number of billionaires total with 75. This list has determined that London is home to the most billionaires (80), [citation needed] whilst New York City is second with 56, and San Francisco rounds out the top three with 49. I graduated in 2019 from Duke University, where I spent time as news editor for The Chronicle, the university's independent news organization. He owns 97% of the MetLife Building in Manhattan as part of his firm Irvine Company's 126 million-square-foot real estate portfolio. Billionaire’s Row stretches (roughly) from Lyon Street — at the top of the Lyon Street steps (which are an awesome stairway stroll) — to Divisadero Street on Broadway Ave. Here's a look at the top 10 richest neighborhoods in San Francisco out of 34 for 2021. By Brock Keeling April 4, 2017 The only billionaire in the top ten not based in the San Francisco Bay Area, real estate mogul Bren's net worth fell by an estimated $200 million as Covid-19 dented the value of his properties. You can see more of the rankings on Forbes' website. The players come from 58 countries across the globe, but the San Francisco Bay Area (including Silicon Valley) makes up a rich slice of the pie. See their story here. The Facebook cofounder endured a year of challenges, including an advertising boycott by more than 1,000 companies, a federal antitrust suit and criticism over content moderation policies toward extremism. All but 26 of the billionaires' fortunes are self-made, and 16 residents are non-U.S. citizens. High profile departures such as Oracle’s Larry Ellison and Tesla’s Elon Musk—both companies and Musk moved to Texas, while Ellison personally relocated to Hawaii—have not dampened the prominence of Silicon Valley on the list. While he was born in New York, he now lives on "Billionaire's Row" in San Francisco's Pacific Heights neighborhood. Donald and Doris Fisher started The Gap. You may opt-out by, The Leukemia & Lymphoma Society BrandVoice, The Next Step | Small Business Video Series, Forbes’ 35th Annual World’s Billionaires List: Facts And Figures 2021, Operation Wealth Speed: What A Record Number Of New, Self-Made Billionaires Says About Capitalism, These 11 Colleges Have Produced The Most Billionaire Alumni, The Covid Billionaire Who Wants To Put Undocumented Immigrants In America’s Finest Colleges, Meet The 40 New Billionaires Who Got Rich Fighting Covid-19, Kim Kardashian West Is Officially A Billionaire. One out of every 11,600 people in San Francisco is a billionaire. Additionally, with areas known as “billionaires row,” where Larry Ellison and Marc Benioff have taken up residency, this neighborhood is the most expensive place to live in San Francisco. Since ceding executive control of Google's parent company Alphabet at the end of 2019, the founding duo has continued to keep low profiles. That means that San Francisco … Here are California’s ten richest billionaires; net worths are as of March 5, 2021. Golden State Billionaires: California’s Richest Residents 2021 #1 | Mark Zuckerberg. Though topping the list were Microsoft co-founder Bill Gates and Amazon CEO Jeff Bezos, both of whom call Washington state home. According to Forbes, there are currently 1,226 billionaires in the world: a staggering all-time high. 248 with roughly $3.1 billion. 1 with 105 and Hong Kong at No. Charles and Rupert are brothers and businessmen who got rich off mutual funds. That would be Potrero Hill where the median income is a cool $162,259. Zoom CEO and founder Eric Yuan benefitted from an astronomical growth in his company's share price as millions of people around the world turned to its video conferencing app for remote work and virtual hangouts. In March, the Broad Institute of MIT and Harvard announced the launch of the Eric and Wendy Schmidt Center after the couple gave $150 million for an initiative funding research that combines biology with machine learning. The company launched Zoom Cares in mid-2020, and has awarded grants to organizations combating Covid-19 and six education non-profits. There were 22 newcomers to the Forbes 400 list this year. Her fortune stems from the Apple and Disney stock she inherited from her late husband, Apple cofounder Steve Jobs. That makes San Francisco, globally ranked fourth in number of billionaires, the city with the most billionaires per capita — by far. Although the pandemic brought travel plans to a halt and delayed Airbnb's Nasdaq debut, cofounder and CEO Chesky's patience paid off when the home-sharing company finally went public in December. Just behind Zuck comes Oracle co-founder Larry Ellison. It’s one of the wealthiest, cleanest, and on a nice day, best sightseeing spots of the city. Rocket launcher. The Wrap contributed to this report. You can email me at kcai [at] forbes.com. Based in San Mate o, worth $14 billion. Meanwhile, an Emerson-backed immersive, audio-visual art company called Superblue is set to open its first location in Miami to the public this April. According to the 34th annual list, released last week, there are a total 64 billionaires who live in the Bay Area, mostly in San Francisco, on the Peninsula, and in the South Bay. The former Google CEO left his advisory role with parent company Alphabet last year, but retains a stake in the company. In November 2019, he and his wife Wendy announced a broad, $1 billion philanthropic commitment without a specific timeline. Chesky's fortune is up nearly $10 billion following the successful IPO, which boosted Airbnb’s market value to more than $100 billion. The only local added in 2017 was Netflix CEO Reed Hastings, who has a net worth of $2.2 billion. In fact, California's 83 technology titans alone outnumber the total count of billionaires in any other state except New York's 126. Forbes released its annual list of the 400 richest Americans on Tuesday and many of the biggest names in tech were on it. Title: Actress, director/producer, entrepreneur, personality, philanthropist, Title: Co-founder of Love's Travel Stops & Country Stores, Kevin Mazur/Getty/Getty Images for Anheuser-Busch, Ilya S. Savenok/Getty Images for Global Citizen, Dimitrios Kambouris/Getty Images for Yahoo, Kimberly White / Stringer | Getty /images, Videos show Calif.'s great white sharks are closer than you think, Mass layoffs at Bay Area winery after acquisition by Gallo, New Orleans serial killer pleads guilty to murdering SF activist, Calif. home buyers flock to town destroyed by Camp Fire, Suspect in brutal stabbings of 2 Asian women a no-show in court, Man kills 6, then self, at Colorado birthday party shooting. The social media giant has emerged from the scrutiny with its stock trading near record highs, boosting Zuckerberg's fortune by more than $42.3 billion. How many billionaires live in San Francisco? The 50-year-old uber-entrepreneur, with a net worth … Once the world's youngest billionaire, Moskovitz joins his Facebook cofounder Zuckerberg in California's top ten, as his 2% stake in the company continues to grow in value. That’s according to the annual census of billionaires by Wealth-X, which tracks the 10-figured. Schmidt Futures, their philanthropic organization, has announced initiatives such as a fund to provide 50,000 students with free internet. 7 in the world, out of the picture, a new group of tech leaders, including wireless equipment entrepreneur Robert Pera and Zoom CEO Eric Yuan, have broken into California's top ten richest billionaires this year. 3) San Francisco is the clear leader when it comes to billionaire density. With Musk, the world's second richest person, and Ellison, no. #3 | Sergey Brin. What's the difference between Champagne and Prosecco? WEALTHIEST WOMEN: Bay Area's wealthiest self-made women, according to Forbes. New car salesman. The report revealed that the average age of the San Francisco billionaire is just over 65, with only about 10 percent under the age of 50. The Facebook cofounder endured a year of challenges, including an advertising boycott by more than... #2 | Larry Page. [citation needed] UBS Wealth Census. The Google co-founder grew up in Michigan, but now calls Palo Alto home. Previously, I made stops at The Ringer and the Raleigh News & Observer. Los Angeles is the city with the second most billionaires … Check out the nicest homes currently on the market in San Francisco CA. San Francisco's most expensive home wants $40 million Next door to Oracle’s Larry Ellison, Apple’s Jony Ive and high society staples Ann and Gordon Getty. One interesting tech subplot from the Forbes list — Snap chief exec Evan Spiegel and his co-founder Bobby Murphy tied with President Donald Trump at No. In total, San Francisco had 75 billionaires in 2018, which landed the city in third place on the Wealth-X Global Billionaire Census, released last week. San Francisco welcomed 11 billionaires to its ranks, including food delivery pioneers Apoorva Mehta (Instacart founder) and Tony Xu (DoorDash CEO), complicating the narrative of … Hastings was tied with Twitter CEO Jack Dorsey at No. I am a San Francisco-based wealth reporter, primarily covering tech billionaires. The best masks for people who wear glasses. The firm sells products such as Wi-Fi devices, and has focused on emerging markets. One out of every 11,600 people in San Francisco is a billionaire. According to a new report from Wealth-X, one out of every 11,600 people in San Francisco is a billionaire—with a total of 75 billionaires. How could this be happening in the same city? Billionaires have had a rough year. Yuan has said that other areas of giving will include climate change and social equity. © 2021 Forbes Media LLC. More than half of the 35 Californian newcomers became billionaires thanks to a growth in tech industry assets. The Bay Area's richest billionaires, according to Forbes. Charles Johnson also is the principal owner of the SF Giants. Of San Francisco residents with a minimum 10-figure net worth, Dustin Moskovitz is the wealthiest, worth an estimated $17.9 billion. In 2015, UBS listed New York City with the most billionaires with 103, followed by …