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Steve Ballmer joins the club of billionaires whose fortune exceeds $ 100 billion

One of the most exclusive clubs in the world – the rich, whose fortune exceeds 100 billion dollars, has a new member. Former Microsoft CEO Steve Ballmer has increased his fortune to more than $ 100 billion, making him the ninth person in the world to reach such levels. Just behind him is Oracle founder Larry Ellison, who has a fortune of $ 98.6 billion, according to the Bloomberg Billionaires Index.

Bolmer, 65, who stepped down as Microsoft’s chief executive in 2014, now owns the Los Angeles Clippers of the NBA. This year, his fortune is growing by $ 20.1 billion.

The growth of shares of technology companies is at the heart of increasing the wealth of the heads of such businesses. A clear example is Jeff Bezos, who is no longer the CEO of Amazon.com, but thanks to his share in the company is the richest man in the world with a fortune of 212.1 billion dollars.

Since the beginning of the year, the nine members of the club – along with Ellison – have added a total of about 245 billion dollars, and their total wealth amounts to 1.36 trillion dollars.

In addition to being mostly company bosses, the group consists largely of Americans, with the exception of French luxury goods mogul Bernard Arnault.

At the same time, recent revelations by ProPublica have shown that Bezos, Elon Musk and other billionaires we know have paid little or no income tax for years.

Meanwhile, President Joe Biden is pushing for a package of tax changes aimed at collecting a higher tax from the rich. He wants to double the capital gains tax to a maximum rate of 39.6%.

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