So per Forbes for the first time there are over 3,000 Billionaires in the world. Tech is heavy on the list, and #1 is Elon Musk.
When I started in SaaS, it was tough to imagine many B2B billionaires, as most SaaS companies were lucky to IPO at a $1 Billion valuation. So founders might make $100m on paper.
But today, many SaaS leaders are worth $10B, $20B, $40B or more. So net worth … has gone up.
A few on the list:
- #3. Jeff Bezos, $215 Billion
- #4. Larry Ellison, Founder Oracle, $192 Billion
- #10. Steve Ballmer, $118 Billion
- #13. Bill Gates, $108 Billion
- #17. Michael Dell, CEO Dell, $98 Billion
- #119. Dustin Moskovitz, Founder Asana (and cofounder Facebook), $17 Billion
- #141. Hasso Plattner & family, Founder SAP, $15 Billion
- #145 Mike Cannon-Brookes, Co-Founder, Atlassian, $15 Billion
- #153. Scott Farquhar, CEO Atlassian, $15 Billion
- #170. David Duffield, Co-Founder Workday, $14 Billion
- #207. Jay Chaudhry, CEO Zscaler, $12 Billion
Let’s add a few more:
- Aneel Bhursi, Co-Founder Workday, $12 Billion
- Marc Benioff, CEO Salesforce, $9.7 Billion
- AppLovin CEO Adam Foroughi $9.4 Billion
- Alex Karp, CEO Palantir, $8.6 Billion
- Jeff T. Green, CEO The Trade Desk, $7.25 Billion
- Tobi Lutke, CEO Shopify, $7 Billion
- Ben Chestnut, founder Mailchimp, $6.3 Billion
- Dan Kurzius, founder Mailchimp, $6 Billion
- Klaus Schauser, CSO and CoFounder Appfolio, $4.2 Billion
- Matthew Prince, CEO Cloudflare, $4.2 Billion
- Eric Yuan, CEO Zoom, $3.8 Billion
- Frank Slootman, ex-CEO Snowflake & ServiceNow, $3.7 Billion
- Sanjit Biswas CEO Samsara, $3.5 Billion
- John Bicket, CTO Samara, $3.5 Billion
- Alexis Le-Quoc, CTO and cofounder Datadog, $3.5 Billion
- Andrew Bialecki, CEO Klaviyo, $3.4 Billion
- Andrew Karam, Co-Founder & VP Applovin, $3.4 Billion
- Assad Rappaport, CEO Wiz $3 Billion (to come)
- Kevin P. Ryan, Founder MongoDB, $3 Billion
- Jeff Tangney, CEO Doximity, $2.9 Billion
- Peter Gassner, CEO Veeva, $2.9 Billion
- Olivier Pomel, CEO Datadog, $2.9 Billion
- Benoît Dageville, President Snowflake, $2.6 Billion
- George Kurtz, CEO CrowdStrike, $2.4 Billion
- Robert Muglia, former CEO Snowflake, $2.4 Billion
- Drew Houston, CEO Dropbox, $2.3 Billion
- Ryan Smith, Co-Founder Qualtrics, $2 Billion
- Todd McKinnon, CEO Okta, $1.8 Billion
- Jonathan Walker, CoFounder Appfolio, $1.6 Billion
- Shay Banon, CTO Elastic, $1.5 Billion
- Michelle Zatyln, COO and co-founder Cloudflare, $1.5 Billion
- Jeff Lawson, Founder Twilio, $1.5 Billion
- Sytse Sijbrandi, Founder Gitlab, $1.5 Billion
- Klaus Schauser, CSO and CoFounder Appfolio, $1.5 Billion
- Stewart Butterfield, Founder Slack, $1.45 Billion
- Daniel Dines, CEO UiPath, $1.2 Billion
- Roy Mann, co-CEO Monday, $1.2 Billion
- Henry Schuck, CEO Zoominfo, $1.1 Billion
- Dharmesh Shah, CTO HubSpot, $1 Billion
- Steve Fredette, President Toast, $1 Billion
- Frederic Kerrest, COO Okta, $1 Billion
- Arash Ferdowsi, Cofounder Dropbox, $1 Billion
- Ed Hallen, CPO Klaviyo, $1 Billion
- Jay Kreps, CEO Confluent, $1 Billion
- Jonathan Grimm, Cofounder Toast, $900m
- Aman Narang, CEO Toast $850m
- Bipul Sinha, CEO Rubrik, $800m
- Dev Ittycheria, CEO MongoDB, $800m
- Michael P. Scarpell, CFO Snowflake, $700m
- Eran Zinman, co-CEO Monday, $600m
Also the paper billionaires, having IPO’d yet:
- Patrick Collison, founder Stripe, $8 Billion
- John Collison, founder Stripe, $8 Billion
- Dylan Field, founder Figma, $2 Billion
- Evan Wallace, founder Figma, $2 Billion
- Parker Conrad, founder Rippling, $3 Billion
- Prasanna Sankar, founder Rippling, $1 Billion
- Etc.
Note: these are approximations based on some quick search and public data. They are directionally accurate but not 100% right and several may be materially off. And … a lot of this isn’t liquid. It can go up and down. Very few of these billionaires have sold all that much.
It’s just something to reflect on … when you are deciding to Go Long.
All things being equal, in recurring revenue … Go Long.
