"There are 1,135 billionaires living in the U.S., sitting on a collective nest egg of $5.7 trillion-but a select three uber-wealthy entrepreneurs make up nearly a fifth of the honeypot. Together, Elon Musk, Jeff Bezos, and Mark Zuckerberg account for nearly $1 trillion, amassing their fortunes through successful tech ventures. But few of these upper-class individuals are giving back through philanthropy-about a quarter of The Giving Pledge signers have known donations of less than $1 million in the last 10 years. Many are funneling billions through their own foundations in a "stealth giving" manner."
"Musk, the richest person in the world with an estimated net worth of $374 billion per Bloomberg's Billionaire Index, is known for his lucrative ventures, including PayPal, Tesla, and SpaceX. Meta CEO Zuckerberg accumulated $259 billion thanks to the success of his social platform, Facebook. And Bezos earned his billionaire status after founding Amazon from his garage in Bellevue, Washington-a retail giant now worth $2.39 trillion."
There are 1,135 billionaires in the U.S. who together hold about $5.7 trillion in wealth. Half of that wealth is concentrated among the 100 richest billionaires, and three individuals—Elon Musk, Jeff Bezos, and Mark Zuckerberg—hold nearly $1 trillion combined. Musk's net worth is estimated at $374 billion, Zuckerberg about $259 billion, and Bezos built Amazon into a $2.39 trillion retail giant. Most U.S. billionaires made fortunes in banking and finance, while roughly 110 grew rich in technology and 75 in real estate. Philanthropic giving is limited for many, with some preferring foundation-based "stealth giving."
Read at Fortune
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