Here are world's top 5 tech billionaires

The year 2016 proved difficult for some industries as we saw huge losses for sectors such as stocks and real estate; however the same can’t be said for the tech industry, which introduced new entrants to its tech billionaires club, while the existing ones also added to their fortunes.

Here's a list of 2016s five richest tech billionaires in the world. The combined total worth of these titans adds up to over $400 billion.

1. Bill Gates

PHOTO: AFP

With an estimated wealth of around $78 billion, and being the richest person in the world, Bill Gates also tops the list of the richest tech billionaire.

He stepped down as the company’s chairman in 2014 to focus on philanthropy. Now co-chairing Bill and Melinda Gates foundation, the world’s largest private charitable foundation, Gates holds a minimum stake in Microsoft accounting for only 15% of his total wealth.

2. Jeff Bezos

PHOTO: AFP

Founder of the online shopping site Amazon, Jeff Bezos recorded an estimated wealth of around $66.2 billion, also making him the 3^rd richest person in the world.

His online retail site posted more than $850 million in the second quarter of 2016 alone. Jeff also manages other companies that include the newspaper Washington Post and Blue Origin.

Mark Zuckerberg  

PHOTO: REUTERS

Perhaps the most popular billionaire of the contemporary period, Zuckerberg recorded an estimated wealth of $54 billion made as the CEO and founder of Facebook.

The website attracted around 1.65 billion users monthly as of march 2016 that is an increase of 15% from last year. At only 32 years, he is also one of the youngest billionaires in the world.

4. Larry Ellison

PHOTO: AFP

Larry Ellison comes in fourth on are list even after the fact that he stepped down as the CEO of Oracle two years ago.

Recording a total wealth of around $51.7 billion, Ellison founded the company that specialises in developing software databases and cloud engineered systems and comes in only after Microsoft as the world’s largest software maker.

5. Larry Page

PHOTO: AFP

CEO of Alphabet and Co- Founder of Google, Larry Page recorded a net worth of around $39 billion.

Page stayed Google’s CEO till October last year when he handed over the position to Sundar Pichai and now heads the healthcare and smart home appliance division of the parent company.

Alphabet also surpassed Apple as the world's most valuable company after boasting strong quarterly earnings in 2016.

This article originally appeared on Forbes

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