BUSINESS

There Are More Immigrant Billionaires In The U.S. Than Ever Before

The American dream is real.

The Forbes 400 list might look like just a bunch of really, really rich Americans from afar. But what’s notable this year is that an unprecedented number of those who made the list ― including three married couples ― are foreign-born

Overall, the 42 foreign-born entries on the 400 list have a combined net worth of nearly $250 billion, and come from 21 different countries. With six people, Israel has the most representation, followed by India with five, and Hungary and Taiwan with four each. As far as continents, Asia and Europe led the pack with 21 and 15 people, respectively.

Sergey Brin, co-founder of Google, is 10th on the list. His estimated net worth is $37.5 billion, according to Forbes. He and his family fled Soviet Russia when he was 6 years old due to anti-Semitism.

George Soros, the richest hedge fund manager in the world, also made the list. His family survived Nazi-occupied Hungary, fleeing when the country was overtaken by communism. 

It’s impressive to see the ways in which these billionaires have given back to causes that are tied to their own immigrant experiences. Brin, for instance, donated $1 million to HIAS, the nonprofit that helped his family resettle in the U.S., in 2009. Soros pledged $500 million to help refugees and migrants in September.

Also of note ― one-third of the foreign-born billionaires on the list are richer than Republican presidential nominee Donald Trump, whose net worth has dropped to $3.7 billion, down $800 million from last year, Forbes said.

Familiar names still sit at the top of the list. Bill Gates, founder of Microsoft, holds the No. 1 slot with a net worth of $81 billion, followed by Amazon founder Jeff Bezos, worth $67 billion, Warren Buffett, worth $65.5 billion and Mark Zuckerberg, Facebook’s founder, worth $55.5 billion.

HuffPost

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