Central Texans land on Forbes 2017 billionaires list
AUSTIN (KXAN) — #Forbes released its 2017 list of billionaires Monday and there are several Central Texans who have made the list. According to Forbes’ report, there are more billionaires worldwide this year than there was last year. In 2016, there were 1,810, this year the number is 2,043 — a 13 percent increase. Forbes still has #BillGates has the richest person on the planet — his fourth straight year. Gates is valued at $86 billion, up from $75 billion in 2016. Central Texas’ own tech giant, #MichaelDell, 52, is the richest person in the Austin-area, coming in at No. 38 with a net worth of $20.4 billion. In September 2016, #Dell finalized a deal to acquire #EMC Corporation in a $60 billion deal. The combination of the two companies created a $74 billion company. In 2016, Dell’s net worth was valued at $19.8 billion. Paul Mitchell owner John Paul DeJoria, 72, dropped to No. 630 with a net worth of $3.1 billion. Robert Smith, of Austin, runs a private equity shop, Vista Equity Partners. His net worth is valued at $2.5 billion, putting him at No. 814.