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CEOs making billions through company stocks

September 19, 2013 09:48 IST

Image: A man counts dollar notes at a money changer in Jakarta, Indonesia.
Photographs: Beawiharta/Reuters

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

Image: Warren Buffett with wife Astrid Menks in Washington, DC.
Photographs: Benjamin Myers/Reuters

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

Image: Larry Ellison with girlfriend Nikita Kahn in Indian Wells, California.
Photographs: Danny Moloshok/Reuters

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."

...

CEOs making billions through company stocks

Image: Jeff Bezos with his wife MacKenzie at the Sun Valley in Idaho.
Photographs: Rick Wilking/Reuters

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.

...

CEOs making billions through company stocks

Image: Sheldon Adelson with his wife Miriam Ochsorn in Macau.
Photographs: Tyrone Siu/Reuters

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.

...

CEOs making billions through company stocks

Image: Larry Page in New York City.
Photographs: Eduardo Munoz/Reuters

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

Image: Mark Zuckerberg with his wife Priscilla Chan at the Sun Valley in Idaho.
Photographs: Rick Wilking/Reuters

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

Image: Harold Hamm.
Photographs: David Shankbone/Wikipedia Commons

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

Image: Rupert Murdoch with his former wife Wendi Deng in Sun Valley, Idaho.
Photographs: Jim Urquhart/Reuters

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.

...

CEOs making billions through company stocks

Image: Steve Ballmer with his wife Connie in Washington, DC.
Photographs: Jonathan Ernst/Reuters

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.

...

CEOs making billions through company stocks

Image: Richard Kinder in Houston, Texas.
Photographs: Richard Carson/Reuters

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

Image: Elon Musk celebrates at his company's factory in Fremont, California.
Photographs: Noah Berger/Reuters

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.

...

CEOs making billions through company stocks

Image: Michael Dell in San Francisco, California.
Photographs: Robert Galbraith/Reuters

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

Image: Ralph Lauren with his wife Ricky in Boston, Massachusetts.
Photographs: Jessica Rinaldi/Reuters

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

Image: John Hess in Houston, Texas.
Photographs: Richard Carson/Reuters

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.

...

CEOs making billions through company stocks

Image: Frederick Smith in Davos, Switzerland.
Photographs: Pascal Lauener/Reuters

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.