Business & Tech
Dozens Of California Billionaires Make Forbes 400 Richest List For 2017
Getting on the Forbes 400 list isn't cheap – the price of admission this year was a cool $2 billion.

Forbes magazine has released its annual list of the 400 richest Americans, and several billionaires from California made the list. Yes, that's with a "b." Forbes released its annual compiling on Tuesday, and the Golden State can count dozens of its locals among the wealthiest folks in the country.
They've made their fortunes from varied fields, but they aren't very well spread across the state. They tend to live either in the Silicon Valley area, or near SoCal's famous beach towns.
Forbes noted that the price of admission to the list jumped nearly 18 percent to $2 billion. There were 26 billionaires on the 2016 list who fell off and 22 newcomers made the list for the first time. One of the notable names that fell off the list is Under Armour CEO Kevin Plank.
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To come up with the rankings of the 400 richest Americans, Forbes’ journalists started with a list of about 600 people considered strong candidates. Forbes looked at public records, news stories and when possible interviewed the candidates in person or via phone. All types of assets were taken into account and Forbes also factored in debt.
One of the notable losers on the list was President Donald Trump, Forbes says. According to Forbes, Trump’s fortune fell $600 million to $3.1 billion. Trump’s Commerce Secretary Wilbur Ross fell off the list altogether when he filed disclosure forms showing he had a net worth of less than $1 billion.
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According to Forbes, these are the richest California residents in 2017, along with the source of their wealth. We've included those that are among the top 200 below and you can follow the link at the bottom to the full list of 400:
- #4 Mark Zuckerberg: Net worth of $71 billion. He lives in Palo Alto and made his fortune via Facebook.
- #5 Larry Ellison: Net worth of $59 billion. He lives in Woodside and is famous — and rich — from his software efforts.
- #9 Larry Page: Net worth of $44.6 billion. He lives in Palo Alto and made money in Google.
- #10 Sergey Brin: Net worth of $43.4 billion. He lives in Los Altos.
- #21 Elon Musk: Net worth of $20.8 billion. The CEO of Tesla Motors' primary residence is in Los Angeles.
- #24 Laurene Powell Jobs: Net worth of $19.4 billion. She lives in Palo Alto and the source of her wealth is Apple and Disney.
- #28 Donald Bren: Net worth of $16.3 billion. He lives in Newport Beach and made his money in real estate.
- #32 Dustin Moskovitz: Net worth of $13.6 billion and made his money through Facebook. He lives in San Francisco.
- #35 Eric Schmidt: Net worth of $12.6 billion. He lives in Silicon Valley, in Atherton. The source of his wealth is Google.
- #48 Jan Koum: Net worth of $9.6 billion. He lives in Santa Clara and made his fortune via WhatsApp.
- #55 Patrick Soon-Shiong: Net worth of $8.3 billion. He lives in Los Angeles and works in pharmaceuticals.
- #63 David Geffen: Net worth of $7.8 billion. He lives in Beverly Hills and made his money through movies and record labels.
- #65 Gordon Moore: Net worth of $7.5 billion. He lives in Woodside and made his money through Intel.
- #71 Eli Broad: Net worth of $7.3 billion. He lives in Los Angeles and made his money through investments.
- #75 John A. Sobrato: Net worth of $6.5 billion. He lives in Atherton and made his money in real estate.
- #76 Brian Acton: Net worth of $6.4 billion. He lives in Palo Alto; source of wealth: WhatsApp.
- #87 David Sun: Net worth of $6 billion. He lives in Irvine; source of wealth: computer hardware.
- #87 John Tu: Net worth of $6 billion. He lives in Rolling Hills; source of wealth: computer hardware.
- #91 John Doerr: Net worth of $5.8 billion. He lives in the Silicon Valley community of Woodside and works in venture capital.
- #97 Steven Rales: Net worth of $5.5 billion. He lives in Santa Barbara; source of wealth: manufacturing.
- #97 Edward Roski, Jr.: Net worth of $5.5 billion. He lives in Los Angeles; source of wealth: real estate.
- #108 Rupert Johnson, Jr.: Net worth of $5.2 billion. He lives in Burlingame; source of wealth: money management.
- #108 George Roberts: Net worth of $5.2 billion. He lives in Atherton; source of wealth, private equity.
- #115 Travis Kalanick: Net worth of $5.1 billion. He lives in San Francisco; source of wealth: Uber.
- #115 Sumner Redstone: Net worth of $5.1 billion. He lives in Beverly Hills; source of wealth: media.
- #118 George Lucas: Net worth of $5 billion. He lives in San Anselmo.
- #118 David Filo: Net worth of $5 billion. He lives in Palo Alto; source of wealth: Yahoo.
- #122 Tamara Gustavson: Net worth of $4.9 billion. She lives in Malibu; source of wealth: self storage.
- #140 Gwendolyn Sontheim Meyer: Net worth of $4.7 billion. She lives in Rancho Santa Fe and "inherited an estimated 7% stake in food giant Cargil," according to Forbes.
- #150 Marc Benioff: Net worth of $4.5 billion. He lives in San Francisco; source of wealth: business software.
- #156 Jen-Hsun Huang: Net worth of $4.4 billion. He lives in the Silicon Valley community of Los Altos and made his money via semiconductors.
- #156 Jeffrey Skoll: Net worth of $4.4 billion. He lives in Palo Alto; source of wealth: eBay.
- #167 Archie Aldis Emmerson: Net worth of $4.1 billion. He lives in Redding; source of wealth: timberland, lumber mills
- #179 Rick Caruso: Net worth of $3.9 billion. He lives in Brentwood and made his fortune through real estate.
- #179 Stewart and Lynda Resnick: Net worth of $3.9 billion. The couple live in Beverly Hills and made their fortune through agriculture and water.
- #179 Dagmar Dolby: Net worth of $3.9 billion. She lives in San Francisco and her fortune comes via Dolby Laboratories, which was founded by her late husband, according to Forbes.
- #186 Nathan Blecharczyk: Net worth of $3.8 billion. He lives in San Francisco and is one of the three wealthiest Californians to make his money via Airbnb.
- #186 Brian Chesky: Net worth of $3.8 billion. He lives in San Francisco and made his money through Airbnb.
- #186 Joe Gebbia: Net worth of $3.8 billion. He lives in San Francisco and made his money via Airbnb.
- #186 Henry Samueli: Net worth of $3.8 billion. He lives in Newport Beach and the source of his wealth is semiconductors.
- #200 Jack & Laura Dangermond: Net worth of $3.7 billion. The couple live in Redlands and made their money through the mapping software company Esri.
Image via Shutterstock.
— Feroze Dhanoa (Patch National Staff) contributed to this report
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