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TYLER PERRY: BARRIER-BREAKING BILLIONAIRE FORBES HOW BIOTECH’S BARNUM PLANS TO BEATCOVID

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400
ZUCK'S ROOMMATE* BUILDS THE ANTI- FACEBOOK
. A

Netflix
Founder

RICHEST
REED HASTINGS
Rewrites
The Hollywood
Script

PEOPLE " CHANGING COURSE

INVOLVES
INVESTMENT—
AND RISK ."

IN MEsiCA
202(1USA
WHO ' S UP, WHO ' S DOWN AND
WHO ’S MAKING THE BIGGEST IMPACT
IN A TRANSFORMATIVE YEAR
liv
WHAT ’ S
NEW FRONTRUNNER WHO ’ S
NEXT

1. JEFF BEZOS
-
$179 billion » SELF MADE
SOURCE: Amo ton
ACEs 86 RES I PENCE:S+ott « WA
PI 111ANTI IROPY SCORE:T
* .
The worlds richest person
lias his troubles, including
-
4

?y coronavi ms related protests

hv Amazon workers and a
big- tcch antitrust investigation
l

• by Congress. But with the

quarantining masses flocking
I
to online shopping, Bezos is
wealthier than ever. Amazon’s
1

stock lias soared 64% over the

past year, adding $65 billion
to his fortune.

\1

.
THESTOP
.
20 .. . .. . . ,
Aidgd by a sjock market that has defied thepandemic, the very wealthiest Forbes 400
..
members are doing better than ever. The top 20 are worth a combined $1.3 trillion,
up 21% from a year ago, while the average Forbes 400 member’s wealth is up 8% from
. -
last year In all, those 21 ultra rich individuals (there’s a tic at No. 20) account.for 42%
.
of the total wealth of this year’s list Facebook's Mark Zuckerberg has finally bested
Warren Buffett for the No. 3 sppt, while Elon Musk breaks into the top 20 for the first time, i
Forbes calculated net worths using stock prices from July 24, 2020. > 1
 .
4 WARREN BUFFETTS
$73.5 billion * -
SOURCE B<thkhir » Mat hotkey
M I * M \ ni VOKI . O

-
Mil W * IUMH!.M I . Omoho NI
PIIILAM lIRUrY SCORE fffff
.
The renowned value inmtor largely sal
-
out the Covid lfJ crisis until his Omaha
Nebraska - based conglomerate, Berkshire
.
Hathaway, secured its biggest acquisition
.
in four vears agreeing tn buy DuminUm
-
Energy's natural gas pipelines for $ >.7
‘
I) ill ion in cash and debt in July. This is the
first year since 2000 that Buffett who
h;is given away more than §40 billion
overall, mostly through the Bill & Melin
— -
da Gates Foundation has fallen below
the No. 3 spot on The Korin** too.
—
S. LARRY ELUSON s
$72 billion t SELF- MADE SCORE: O
SOURCE S«ftw«jr»
Mill 76 • RESIDENCE. Woo4» id«. CA
NlllAVniKnn SCDK 1 V

llis software firm , Oracle, helped the

United States government build a data
base ti > track the results of Cov id iy -
-
treatment * and a website that signed up
100,000 volunteers for Phase J clinical
trials for vaccines in just its first week.
Meanwhile, Ellisons stake in electric ear -
7
The eccentric mogul has kept his name superglued to the maker Tesla has quadrupled to $ t billion
headline*. In DcoemlKT, he IHM!a defamation suit filed In
a British caw explorer he called a "pedo guy." In May, ;LS his
*

hi value since Ihrcember 201s when lie .

. .
nK'kct company SpaecX announced it had raised S.'Hfi
joined its board .
million at a $35.9 billion valuation, he ami singer Grimes 6. STEVE BALLMER

ELON
.
had a child, his seventh, lliat same month Musk tweeted
that lie was "selling alm < r* t all physical posses*ions,"
$49 billion
SOI RIT.: Micro ©#!
.
_-
t •SELF- MADE~SCORE:O

“ will own no house’ and followed up by putting seven
MUSK California Iximcs on the market. Tesla stock has incrciLved
more than sixfold since September 2019 adding some
$ 4 H.l billion , including two enormous option giants he
received as part of a compensation plan, to his fortune.
2. BILL GATES S XMARKZUCKERBERGs
-
$111 billion t •SELF MADE SO > RK ; O
.
-
SOU HO Hkrotoft
.
MiEi 64 RESIDENCE: Hed no, WA
PH 11 AN 711 R< )PV SO )RK:
-
The self taught health cvpcrt warned about
the risk of a glulxd|xuidemic in a prescient
2015 TED talk. The Bill &: Melinda Gates
Foundation has committed to s]x*mling
more than $.350 million to fund Cbvid 19
vaccines, treatments ami tests, and help dis
- -
tribute them in developing countries. The
foundation matched 50% of funds raised
for teachers v ia DonorsChooNC on August 11.
—
.
-
$85 billion t •SF.I K MADI sa > RF
SCH7RCE Foe « book
.
MU 34 * RI .MDI M I . P0 V0 AU 0 CA
r lit LVN n 1RC > n:sex >R & w
Both Faocbook use and ad revenue have
.
gruvvn during the pandemic Over u thou
sand advertisers including Adidas and
Cion >x, joined a boycott starting in mul
June to oppose vvliat they say is the soeud
media giant > weak policing of hate speech
.
and misleading political ads In late June,
Zuckcrbcrg slid he would start banning
more ads that contain hateful content.
. *
M Y 64 RESIDENCE Hwntt Point WA .
PHILANTHROPE SOORE; W
Thr former Microsoft CEO has pledged
A 40 million to combat the Covid 19 crisis, -
including $10 million to the University of
Washington School of Medicine to speed
up vaccine development. In Washington.
Ballmer has given more than $ (> million
statewide for eoronavirus relief, includ -
-
ing to a food bank relief fund. In March,
-
he purchased the Forum sports and con
cert arena in Inglewood California, fur .
$ 400 million. That acquisition ncatlv
sidestepped lawsuits tiled by the Forums
-
previous owners, which had aimed tu pre
vent Ballmer from building a new arena
-
5
nearbv fi» r his NBA team, the Lus Ange-
- les Clip|K*rs. 5
7. E10 NMUSKS —-
5
J MI F MADF SPORE Q .
$48 billion t
SOURCE. Tnlo SpaccX .
MIE 49 • RESIDENCE : LM /ingmimu CA
PI 11 LAN I 11Run' SCORE: tf X

OCTODER 2020
t UP 4 DOWN 44

—
MORATORY OF THE GIVING PLEDOf : S CMAN Cl IN WEALTH KIYi 0 KFW TO U5T *fTURNFF
WEALTH INHERITED VS. SELF - MADE SCORE: 0 0 0 0 0 0 0 0 0 7} PHILANTHROPY SCORE: tf
 .
8 LARRY PACE 15. CHARLES KOCH IS. JULIA KQCH ft FAMILY
-
$67.5 billion 1 •SEU MADKSO ) RE: O -
145 billion t •SE1> MADE SCORE O 145 billion t •SELF - MADE SO W! O
SOURCE: Google
AG & 47 • RESIDENCE: ilo Alt* CA
PHILANTHROPY SCORE V
* .
SOURCE Koch
. taduttriet
.
AC E 54 « RESIDENCE: Wfchito KS
PHILANTHROPY
-
SOURCE: Koch Indutfeiet

PHILANTHROPY MAJKL: f ¥
.
ABE: 5B RESIDENCE: New Yorfc NY

.
9 SERGEY BRIN K < »ch has Inxn hear!of the notions Lirg - Oncc an assistant to fashion designer
$45.7 billion t •SEU - MADKM.t ) RL 6
“
est private cximpanv, the 8115 billion ( sales) Adolfo, Julia met David Koeh on a blind
SOURCE Googlo K < xh Industries, since 1< M > 7. K< xh Indus- date in 1991: they married five years lat-
-
MitL 47 RESIDENCE; LoiAlto CA
.
rilllANIlIKOn’ SlDRi
^ tries' Molex subsidiary has been supply - cr. She inherited his stake in Koeh Indus -
When the p;iir stepped down as president
- -
ing parts to build the long in development tries upon his death in August 2019 and
Japanese supercomputer Rigaku, w hich now heads the David II. koeh Foundation,
( Brin ) and CKO ( Page ) of Google parent finally hooted up in April to help with VNHIEH supports medical research , arts
Alphabet last December, the Google co
founders penned an open letter highlight
-- -
Cos ul 19 research efforts. and education .

- -
ing their 21 year old company's achieve -
ments ( such as G< x)gle Maps and YouTulx* )
and describing their future roles as proud
parents, "offeringadv ice and low, but not
- A year after finalizing her divorce from Amazon’s Jeff

13
daily nagging!* Both remain board mem
hers and controlling shareholders. -
Bc/os. the publicitv shy Scott ( Mow. pre-divorrr ) made
twx > big announcements in July: that she had changed
10. ALICE WALTON
$42.3 billion t • M l I MADE SCORE Q
her last name to her middle name, and that slu* had al
ready donated nearly $1.7 billion to llti nonprotits work
--
SOURCE Wolmort ing on issues such as racial and gender equity, economic
.-
M Y 70 • RESIDENCE: Foct Worth TX . MACKENZIE mobility and public health, as a first step toward fulfilling
nil I AN Til ROPY SCORE her promise* to give away at least half her fortune. In June,
'

11JIM WALTON Scott partnered with Melinda Gates on a $50 million

S42.1 billion -
M l * M .\ Dl - MXIRF.:© initiative callixi the Equality Can’t Wait Challenge .
-
SOURCE: WoVnort
ABE. 72 RESIDENCE Bontorrvlllo, Aft
PHILANTHROPY SCORE V -
12. ROB WALTON
-
$41.8 billion t •SELF MADESCORE:Q
SOURCE: WoAmort
-
ABI *. 75 • HI .SIIU NCI tentorrvilk, Aft
PHILANTHROPY SCORE: V
WaJmart sales jumped nearly 9% in the
quarter through April :io. helped by a 74 "**
surge in online salts. To meet heightened
demand during the pandemic, it him!
400.000 mostly temporary workers. The
children of founder Sam Walton are it>
biggest individual shareholder*; only Hob
.
the former ehainnan sit \ on the lwvml.
13. MACKENZIE SCOTT *
SOURCE: Amoaon
-
$57 billion t M l I MMH . SCORE O

AOfc «0 • RESIDENCE Soottlo WA .

PHIIANTHROPY SCORE
14. MICHAEL BLOOMBERG
*SCOR1
$55 billion t •SELF - MADt >
SOURCE Bloom b«fgLP
ABE 78 • RESIDENCE: New York.NY
;
PI IILCNT1 I ROPY SCORE. Y f f f
New Yorks funner mayor poured more
— -
than $1 billion a record shattering sum,
but still less than 2% of his net worth
—
«
into hLs failed presidential campaign.
-
<
r
Since IK* dropped out of the ran* in March,
his Bloomberg Philanthropies has given
some $550 million to fight Co\ id 19 --
OCT 0 9 LR 8 0 2 0
 The Ittrtwn MO Continue* on jm y . *#

17. PHIL KNIGHT ft FAMILY

$ 39.2 billion t • M . n s : * "UK O
SOURCE Nk»
- .
A* ; R «2 • IlhSUlbNU H I » *6oro 0«
rmuxiiiKonf SCORE vf
.
Knight colbundcd SJ 7.T billion ( sales )
Nike in 19 * and retired as chairman in
^
2015. That same year, he pledged $500
GIVING SCORES
Ui
Our new philanthropy rankings are based
Z
Z
million to his alma mater, the Kniversih
of Orcgun, for a science campus, and
on “out the door" donations .
D
0c s too million to his other alma mater.
Stanford 's Graduate School of Business. undreds of billions of dollars sit in Forbes 400 utcnilxTH *

H
z
0 The sportswear company plcdgrd $40
oc million in June to systemic racism.
u.
IB. MICHAEL 0[lL
$ 35.6 billion t • SEli MAUL SCORE O
Ml computer*
\c ; Si • HI MM V l Aurtin, TX
I’llIIAMIIlion - SCORE ¥ ¥
.
In July IVll Technologies, of which IVll
is chairman and chief executive, said it is
exploring a potential spimdl of its nearly
$50 billion stake in YMw .irv, a public!)
traded cloud company.
19. SHELDON ADELSON
• -
$29.8 billion * SELF MADE SCOHI
SOTRCI Catiaot
-
Alii 6 / I . LMM NU latVegot NV
piuLcmiRon sec
>iu. VV
. was produced with research assistance from advocacy group Global
.Vdclson’s Lis Vegas Sands lost S9H.3 mil
lion in the second quarter as its two Ve-
gas casinos and resorts were shuttered due
.
to the pandemic Now they ’re partially re
opened , ami Adelson says lie w ill continue
paying all his employees through October.
A longtime supporter of Republican candi
dates, Adrbon and his wife, Miriam , have
donated $1.2 million to committees back
H
private charitable foundations. Blit because the IKS
effectively requires them to pay out only a till) fraction
each year, just a sliver of that sum is deployed annually
to causes and communities in need . To shine a light on
those putting their philanthropic dollars to work, we've changed the
nu*th < xlology forThe Forbes 1( H ) philanthropy score. Instead of counting
the dollars that list members have parked in their foundations over a
lifetime, we tallied the grants made bv those foundations ( technically,
“adjusted qualifying distributions’*), plus direct gifts we could track, to
estimate how much The Forbes 1O0 has actually given away. We did not
-
count gibs to donor advised funds except when list members shared
det «iik atxmt grants paid bv such funds. We reached out to even list
member for feedback. Some cooperated , prov iding specific details about
donations and recipients. Others declined to comment . This year s scoring
Citizen and its “Give While You live" initiative.
- i
Grading tht Giving -<
x
- Forbes bosed our icoxt on giving at a V = gave away less than T% of fortune u
.
percentage of net worth To do so, wc
ff * gave away 1% to 4.99%
added the value of lifetime “out the
:
-
- = gave away 6% to 9.99, %
door " donations to the current Forbes WV
, s
a , ’ 9^ 0*0 »0% to 9.99% 8<
- the percentage ranges fo eoch ? sco »e: fff tMf = gave away 20% or more 7
k

ing President 'frump this y ear, compared 8

to $20 million in 2015. i
Big Donor / / v The Kobe* too''
20. JACQUELINE MARS Charity Stack s l ' p l
•
$29 billion • M l I M VI » 1 SCORE 0 JOHN k
“
r
( ARNOLD
SOURCE Candy, pat food
- !
20. JOHN MARS
-
60 H I M 1 *1 NO The Plamv VA
rilllAVniROl YSCOKF N / A . 46
SOURCE Hedge fund*
XETvyORTil $3.3 billion
VunA'r iy‘

•
u
6
7
<
*
$ 29 billion
•• SKI F MADE SCORE 0
. miLwiiiRon ***** -
K

- Candy, pet food z

Having donated more than SI billion, the z
AGE M R ESI DENT E Jockjon WY . onet me Enron troder is jutt one of 10 people
W

1*1111ANT11 HI > I'Y SCt > IU. N /A

on The Forbes 400 with the highest philanthropy
T he siblings each inherited an estimated . .
score: a 5. With his wife Loura , ho runs their
philanthropy through an LlC Arnold Ventures.
-
onc third of the $:J5 billion sales) candy
Recent grants indude $10 me!lion to generic drug
<
>
company , winch makes Snickers and startup Civica Rx . More controversial: a $4.5 5
U
Man* also owns I m le Bens rice,
'
-
nrv ion grant to shoot low resolution aerial photos * 2* 3 * 49 5 *
which announced in June, following Black
Lives Matter protests aero*, the country, -
-
of Baltimore at one second intervals throughout
the day purportedly to help catch criminals. -
v , > S >msdti m*hm$Utw <4* ohMe
.
' ' fi *n**r f tiiflrwi /m
t f
V
ISa
that it would “evolve" the brand and was
. . .
e \ aluating how to do *>.
-
Reteorch Ixy Sarnh Acer, gl u Cc« riexro Ha * cfr chod Veto* G*X>J. H o r G i o n Una Jov.
. -- .
iCothrt rr lme. R Vnti* MpWoore, Uccn Turnp* Kiiila WJ on ChHvy rind th^ fcrb«*t Wrcltt Teon -. H
rORBCS COM . OCTOBER 2 0 2 0