Meet The Forbes 400 Newcomers | Forbes

The following video is brought to you courtesy of the Forbes YouTube Channel. Click the video below to watch it now.

The 400 richest Americans are now 40% richer than they were last year—worth a collective $4.5 trillion—and those ranks have been bolstered by the addition of 44 new entrants, the highest number of newcomers since 2007. More than twice as many people joined The Forbes 400 this year compared to last year, with nearly two-thirds of them making their fortunes in finance and technology. And that’s in a year when the minimum net worth to make the cut jumped to a record $2.9 billion, $800 million more than last year and the first time the cutoff has increased since 2018. Forbes used stock prices from September 3, 2021 to calculate net worths for the list.

Leading the newcomers, with a $30.4 billion fortune, is Miriam Adelson, wife of the late casino mogul Sheldon Adelson, who died in January at age 87. She and her late husband have been among the biggest backers of the Republican party; in the 2020 elections they gave $180 million to political action committees and Republican candidates’ campaigns. At age 75, Adelson isn’t the eldest newcomer in 2021: That distinction goes to 80-year-old Robert Brockman, the secretive billionaire software investor who has been charged by the U.S. government with directing the biggest tax-evasion scheme in American history; he’s pleaded not guilty. After deducting $1.3 billion of his assets that have been frozen, Forbes estimates his net worth at $4.7 billion.

The youngest newcomer is 29-year-old cryptocurrency billionaire Sam Bankman-Fried, who is the second-richest new entrant, with an estimated $22.5 billion fortune. Close behind in age—if not net worth—are fellow crypto entrepreneurs Brian Armstrong ($11.5 billion) and Fred Ehrsam ($3.5 billion), cofounders of crypto exchange Coinbase, and Baiju Bhatt ($2.9 billion), cofounder of stock trading app Robinhood Markets. Outside of finance and tech, the next largest cohort of newcomers is from the healthcare industry, including Li Ge of Shanghai-based medical devices maker Wuxi AppTec ($11.6 billion) and a trio of backers and executives of vaccine maker Moderna: early investor and Harvard professor Timothy Springer ($5.9 billion), Moderna’s cofounder and chairman Noubar Afeyan ($5 billion) and cofounder and MIT professor Robert Langer ($4.9 billion).

Another notable newcomer is philanthropist Melinda French Gates, the co-chair of the Bill and Melinda Gates Foundation, who now has an independent fortune worth an estimated $6.3 billion after the couple announced their divorce in early May. Rounding out the 44 new entrants are the billionaire twin brothers and crypto entrepreneurs Cameron and Tyler Winklevoss, who fittingly graced the first cover of Forbes magazine to be turned into a non-fungible token in April.

Read the full story on Forbes: https://www.forbes.com/sites/giacomotognini/2021/10/05/meet-the-44-newcomers-joining-the-forbes-400-list-of-americas-richest-people/?sh=64dbfe4f297d

Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1

Stay Connected
Forbes newsletters: https://newsletters.editorial.forbes.com
Forbes on Facebook: http://fb.com/forbes
Forbes Video on Twitter: http://www.twitter.com/forbes
Forbes Video on Instagram: http://instagram.com/forbes
More From Forbes: http://forbes.com

Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.”

Forbes

Forbes

Leave a Reply

Recent Posts

Trump Supporters: Get Your 2020 'Keep America Great' Shirts Now!

Are you a proud supporter of President Donald Trump?

If so, you’ll want to grab your 2020 re-election shirt now and be the first on your block to show your support for Trump 2020!

These shirts are going fast so click here to check for availability in your area!

-> CHECK AVAILABILITY HERE


More Popular Stuff for Trump Supporters!

MUST SEE: Full Color Trump Presidential Coin (limited!)

Hilarious Pro Trump 'You are Fake News' Tee Shirt!

[Exclusive] Get Your HUGE Trump 2020 Yard or House Flag!

<