The fastest growing net worth in the tech industry today

Considering the epic rise of tech companies such as Facebook, Amazon, and Alibaba, it’s no surprise that people keep looking at Tech or FinTech companies for massive growth. These industries can grow a mile overnight and can reach the heavens within months of their initial operations. Here are some of the fastest growing companies in terms of net worth.

In terms of growth, Amazon is still king. With a rather impressive 59% growth in stock prices over the last year, CEO Jeff Bezos is currently the richest tech CEO with a net worth of $112 billion, the only tech billionaire to breach the $100 billion mark. This recent stock growth contributed close to $40 billion to his current net worth. Bezos currently owns 16% of Amazon stocks.


Bill Gates held the spot for richest man alive 18 times in the last 24 years and goes back to number 2 this year with a net worth of $90 billion. This net worth does not include the $31 billion Gates has donated to philanthropic causes over the years.


Two of the top newcomers in the tech industry hail from Russia. Andrey Andreev, creator of Badoo, the largest dating website in the world, makes it to the list along with Pavel Durov, known for being the Russian Mark Zuckerberg. Some of Durov’s creations include social media network Vkontakte and Telegram Messenger.


My name's Steve Sorensen, an investment strategist and, recently, business blogger. I have been fascinated by the meteoric growth of some of the world's most successful companies, so I have been looking into their history to find out how their net worth has grown to Fortune 500 levels. For more insightful reads on the tech industry’s CEOs, visit this website.

South Korea’s Samsung: The Makings of a Tech Giant

Samsung is undeniably one of the world’s fastest rising companies. But its humble beginnings were somewhat different from how people know the company today.

Founded by Byung-chul Lee in 1938, Samsung started as a Korean trade export company based in Daegu, South Korea. They sold vegetables, fruits, fish, and flour to Beijing and Manchuria. As the company prospered in the 1950’s until the 1970’s, it expanded into different ventures: insurance, petrochemicals, textiles, shipping industries, and electronics. The company released its first ever black and white television set in the 70’s, which made it a household name for those living in the South Korean metro.

Image source: gsmarena.com

The company soon released other electronic products including VCRs, personal computers, and tape recorders. In the 90’s, the company produced air conditioners, washing machines, and other home appliances. After chairman Lee’s death in 1987, Lee Kun-hee took over his post and became the head of the company. In the 90’s, the company grew and established plants and offices in different countries including the U.S., Britain, Thailand, Germany, Spain, and China, among others. During the IMF crisis of 1997, the company continued to grow because of its electronics sect.

Samsung’s continuous growth is due to its focus on electronics. The company launched HDTVs, Blu-Ray players, smartphones, and home theater systems in the 2000’s. Samsung also received a lot of attention after it released the Galaxy S mobile phones in 2010. It also released the Galaxy Tab the same year.

South Korea’s tech giant continues to grow by the day, and it looks like it’s not going to stop any time soon. Tech fans will surely have something to look forward to, thanks to Samsung’s releases.

Hi there, I’m Steve Sorensen. I like writing a lot about the net worth, investments, and other financial stats of different companies. Read more about the world’s largest companies by visiting this page.