Richest billionaires in California

Written by:
June 1, 2022
Anthony Quintano // Wikimedia Commons

Richest billionaires in California

The first billionaire ever is thought to be Standard Oil magnate John D. Rockefeller back in 1916, or perhaps Henry Ford in 1925. Fast forward some 100 years to 2021: as the COVID-19 pandemic continued to rage, a record-breaking 660 people became billionaires globally, growing the previous year’s number by 30%. While the U.S. is home to the most billionaires out of any other country, Americans are somewhat split in their feelings on the billionaire class. According to Pew Research Center data, people in the U.S. became somewhat more critical of billionaires between 2020 and 2021. Although support for individual billionaires like Elon Musk or Bill Gates is relatively strong, many Americans view the ultra-rich—as a group rather than as individuals—negatively. Meanwhile, Amazon CEO Jeff Bezos is projected to become the world’s first trillionaire by 2026.

The U.S.’s wealthiest billionaires are mostly concentrated within just a couple of industries: finance and investments, and technology. Other wealthy sectors include food and drink, fashion and retail, and media and entertainment. Stacker compiled a list of the richest billionaires that are residents of California, using data from Forbes. Billionaires are ranked by net worth as of May 31. Forbes lists 182 billionaires in California.

#20. Steven Rales
- Net worth: $8.3 billion (#248 wealthiest in the world)
- Residence: Santa Barbara, California
- Source of wealth: manufacturing, investments, Self Made

#19. Andreas von Bechtolsheim & family
- Net worth: $8.9 billion (#222 wealthiest in the world)
- Residence: Palo Alto, California
- Source of wealth: Google, Self Made

#18. Gordon Moore
- Net worth: $9.3 billion (#215 wealthiest in the world)
- Residence: Woodside, California
- Source of wealth: Intel, Self Made

#17. John Collison
- Net worth: $9.5 billion (#209 wealthiest in the world)
- Residence: San Francisco, California
- Source of wealth: payments software, Self Made

#16. Patrick Collison
- Net worth: $9.5 billion (#209 wealthiest in the world)
- Residence: San Francisco, California
- Source of wealth: payment software, Self Made

#15. Brian Chesky
- Net worth: $9.6 billion (#208 wealthiest in the world)
- Residence: San Francisco, California
- Source of wealth: Airbnb, Self Made

#14. David Geffen
- Net worth: $9.8 billion (#204 wealthiest in the world)
- Residence: Beverly Hills, California
- Source of wealth: movies, record labels, Self Made

#13. David Cheriton
- Net worth: $9.8 billion (#203 wealthiest in the world)
- Residence: Palo Alto, California
- Source of wealth: Google, Self Made

#12. Jan Koum
- Net worth: $9.8 billion (#200 wealthiest in the world)
- Residence: Atherton, California
- Source of wealth: WhatsApp, Self Made

#11. John Doerr
- Net worth: $10.9 billion (#177 wealthiest in the world)
- Residence: Woodside, California
- Source of wealth: venture capital, Self Made

#10. Charles Schwab
- Net worth: $11.1 billion (#174 wealthiest in the world)
- Residence: Woodside, California
- Source of wealth: discount brokerage, Self Made

#9. Dustin Moskovitz
- Net worth: $11.1 billion (#173 wealthiest in the world)
- Residence: San Francisco, California
- Source of wealth: Facebook, Self Made

#8. Robert Pera
- Net worth: $15.2 billion (#116 wealthiest in the world)
- Residence: San Jose, California
- Source of wealth: wireless networking gear, Self Made

#7. Laurene Powell Jobs & family
- Net worth: $15.5 billion (#113 wealthiest in the world)
- Residence: Palo Alto, California
- Source of wealth: Apple, Disney

#6. Donald Bren
- Net worth: $16.2 billion (#107 wealthiest in the world)
- Residence: Newport Beach, California
- Source of wealth: real estate, Self Made

#5. Jensen Huang
- Net worth: $17.5 billion (#96 wealthiest in the world)
- Residence: Los Altos, California
- Source of wealth: semiconductors, Self Made

#4. Eric Schmidt
- Net worth: $19.9 billion (#81 wealthiest in the world)
- Residence: Atherton, California
- Source of wealth: Google, Self Made

#3. Mark Zuckerberg
- Net worth: $69.4 billion (#15 wealthiest in the world)
- Residence: Palo Alto, California
- Source of wealth: Facebook, Self Made

#2. Sergey Brin
- Net worth: $94.2 billion (#10 wealthiest in the world)
- Residence: Los Altos, California
- Source of wealth: Google, Self Made

#1. Larry Page
- Net worth: $98.0 billion (#9 wealthiest in the world)
- Residence: Palo Alto, California
- Source of wealth: Google, Self Made

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