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Bill Gates Tops List of Wealthiest in Industry

September 18, 1998|Karen Kaplan

Bill Gates may be under fire from federal trustbusters, but Microsoft Corp.'s chairman is still the world's wealthiest technology executive with an estimated net worth in excess of $58 billion, according to a survey released by Forbes ASAP. Microsoft also contributed to the wealth of No. 2 Paul Allen, who co-founded the company with Gates and is worth nearly $17 billion, and No. 3 Steve Ballmer, who was recently promoted to president and has $13 billion to his name. Dell Computer Corp. founder Michael Dell ranks fourth, with a net worth of $12.7 billion. The richest high-tech Californian is Intel Corp. founder Gordon Moore, who ranked fifth in the survey with a net worth of $7.6 billion. Other Californians in the Top 10 are No. 6 Larry Ellison of Oracle Corp., No. 8 William Hewlett of Hewlett-Packard Co. and No. 10 David Duffield of PeopleSoft Inc.

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