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CEOs making billions through company stocks
As many as 27 chief executive officers in the United States hold at least $1 billion worth of their companies’ stock, according to 24/7 Wall St.
Let's take a look at some CEOs making billions thanks largely to stocks.
Source: 24/7 Wall St
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CEOs making billions through company stocks
Warren Buffett
Company: Berkshire Hathaway
Value of shares: $56.5 billion
CEO since: 1970
Overall rank: 1
Buffett, one of the wealthiest men in the world, started buying shares in Berkshire Hathaway in 1962 and later acquired the whole company. Although his investment has made him extremely rich, he leads a frugal life.
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CEOs making billions through company stocks
Larry Ellison
Company: Oracle Corporation
Value of shares: $35.8 billion
CEO since: 1977
Overall rank: 2
Ellison, who was raised by his mother's aunt and uncle, launched the company with two other engineers after working on a database project for CIA code-named “Oracle."
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CEOs making billions through company stocks
Jeff Bezos
Company: Amazon.com
Value of shares: $25.4 billion
CEO since: 1996
Overall rank: 3
Bezos, the owner of largest online retailer in the world, launched Amazon.com in 1994 in his garage.
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CEOs making billions through company stocks
Sheldon Adelson
Company: Las Vegas Sands
Value of shares: $24.9 billion
CEO since: 1988
Overall rank: 4
Adelson, who owns the Israeli newspaper Israel HaYom, bought the Sands Hotel and Casino in Las Vegas in 1988.
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CEOs making billions through company stocks
Larry Page
Company: Google
Value of shares: $21.5 billion
CEO since: 2011
Overall rank: 5
Page, who owns about 16 per cent of Google's stock with co-founder Sergey Brin, invented PageRank, the bedrock of the company's search algorithm.
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CEOs making billions through company stocks
Mark Zuckerberg
Company: Facebook
Value of shares: $18.7 billion
CEO since: 2004
Overall rank: 6
Zuckerberg, who launched Facebook in Harvard's dormitory rooms, is the world's second-youngest self-made billionaire.
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CEOs making billions through company stocks
Harold Hamm
Company: Continental Resources
Value of shares: $13.8 billion
CEO since: 1967
Overall rank: 7
Hamm, who used to fill petrol at petrol stations and repair cars, has been ranked as one of the most influential people in the world.
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CEOs making billions through company stocks
Rupert Murdoch
Company: Twenty-First Century Fox
Value of shares: $10.4 billion
CEO since: 2013
Overall rank: 8
Murdoch became managing director of Australia's News Limited in 1952. He is the founder and CEO of News Corporation and Twenty-First Century Fox, a company he split in 2013.
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CEOs making billions through company stocks
Steve Ballmer
Company: Microsoft Corporation
Value of shares: $10.4 billion
CEO since: 2000
Overall rank: 9
Ballmer, who will be stepping down as CEO in a year's time, joined Microsoft on June 11, 1980, becoming its 30th employee.
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CEOs making billions through company stocks
Richard Kinder
Company: Kinder Morgan
Value of shares: $8.5 billion
CEO since: 1999
Overall rank: 10
Kinder, CEO of energy and pipeline corporation Kinder Morgan, has worked as a lawyer and real estate investor.
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CEOs making billions through company stocks
Elon Musk
Company: Tesla Motors
Value of shares: $4.7 billion
CEO since: 2008
Overall rank: 11
Musk, who was born in South Africa, is the founder of PayPal, a payments and money transfers service; SpaceX, a space transport company; and Tesla Motors, a manufacturer of electric cars.
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CEOs making billions through company stocks
Michael Dell
Company: Dell Incorporated
Value of shares: $3.8 billion
CEO since: 2007
Overall rank: 12
Dell, who began business by selling upgraded kits for personal computers, started investing in stocks in his early teens.
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CEOs making billions through company stocks
Ralph Lauren
Company: Ralph Lauren Corporation
Value of shares: $3.7 billion
CEO since: 1967
Overall rank: 13
Lauren, who is famous for his Polo Ralph Lauren clothing company, loves buying and collecting vintage cars.
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CEOs making billions through company stocks
John Hess
Company: Hess Corporation
Value of shares: $2.3 billion
CEO since: 1983
Overall rank: 14
Hess, who earned his MBA from Harvard Business School, is the son of the founder of Hess Corporation.
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CEOs making billions through company stocks
Frederick Smith
Company: FedEx Corporation
Value of shares: $2.1 billion
CEO since: 1977
Overall rank: 15
Smith, who once had to go to casino just to raise money for his company, now serves on the board of several big public companies.