Five IT founders earned over $200 billion from AI boom

Five founders of IT companies can boast wealth of over 200 billion dollars each against the background of the AI boom. Just recently, as The Economic Times notes, having 100 billion dollars allowed access to the world elite club, but now the bar has doubled.

These are Elon Musk, Larry Ellison, Larry Page and Sergey Brin. The last two are founders of Google, Ellison stood at the origins of Oracle, and Elon Musk so far has quite an indirect relation to the AI sphere, being the founder of startup xAI. The main part of his wealth is provided by Tesla shares.

Such a sum exceeds the current capitalization of many other companies like PepsiCo, Uber, Walt Disney and Intel.

Other representatives of the IT industry are not so far from this level. Steve Ballmer has 181 billion dollars. Also nearby is Nvidia founder Jensen Huang. He has 176 billion dollars. And he’s racing toward the cherished threshold at incredibly high speed.

And just this year the “magnificent five” increased their assets by 300 billion dollars. Well, and Elon Musk continues to remain the richest person on the planet with wealth of 457 billion dollars.

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