America’s Richest Geeks

Every now and then we hear about another startup that made it big online, but rarely we see or hear of the people behind these ventures in the lime light, usually its just celebrities that gets all the attention.

Well watch out, Geeks are here to rule the world and they are slowly making progress. Out of the top 20 richest persons in America, eight are Geeks from technology companies like Microsoft, Google, Oracle, Amazon and Dell.

In fact out of the top 5 richest people, 2 of them are Geeks, the number one position belonging to Bill Gates from Microsoft and number three to Larry Ellison from Oracle, while Social Networking giant Facebook’s founder, Mark Zuckerberg, hold the title of the youngest Geek billionaire on the list at number 35.

Here is a list of the top 20 richest geeks in America.

Rank Name Net Worth Age Company
1 Bill Gates $54 B 54 Microsoft
3 Larry Ellison $27 B 66 Oracle
11 Larry Page $15 B 37 Google
11 Sergey Brin $15 B 37 Google
15 Micheal Dell $14 B 45 Dell
16 Steve Ballmer $13.1 B 54 Microsoft
17 Paul Allen $12.7 B 57 Microsoft
18 Jeff Bezos $12.7 B 46 Amazon
35 Mark Zuckerberg $6.9 B 26 Facebook
35 James Goodnight $6.9 B 67 SAS Institute
42 Steve Jobs $6.1 B 55 Apple, Pixar
47 Pierre Omidyar $5.5 B 43 EBay
48 Eric Schmidt $5.45 B 55 Google
85 Ray Dolby $3.6 B 77 Dolby Laboratories
88 Gordon Moore $3.5 B 81 Intel
90 John Sall $3.4 B 62 SAS Institute
136 David Sun $2.6 B 58 Kingston Technology (Computer Memory)
136 John Tu $2.6 B 68 Kingston Technology (Computer Memory)
164 Jack Dangermond $2.2 B 65 ESRI (Mapping Software)
205 Walter Scott $1.9 B 79 Telecom

Nice hey? Who knows, maybe your name could be on that list, so start that startup.

PayPal in South Africa

Buying and selling online from South Africa has become sort of a risk in this day and age, specially if you want to buy from places like e-bay. This will hopefully not be the case for long anymore as PayPal is currently in talks with FNB and the South African Reserve Bank.

What is PayPal you ask? PayPal is the safer, easier way to pay and get paid online. The service allows anyone to pay in any way they prefer, including through credit cards, bank accounts, buyer credit or account balances, without sharing financial information. Gone are the days of entering your credit card details to buy something online, you will just buy with your PayPal account and PayPal will ensure that the transaction goes smooth.

About two weeks back news has gone viral on social networking site Twitter where it was divulged that FNB is currently in talks with PayPal to allow transactions from South Africa. Later on head of corporate communications at FNB released an official statement that First National Bank is indeed in discussions with PayPal and the South African Reserve Bank.

Upon entering the FNB website users are now also greeted with a pop-up window with the statement that it is confirmed that FNB is in talks with PayPal and that further information will be released in due course.

PayPal FNB South Africa Media statement

This is a really exciting announcement by PayPal and FNB as the introduction of PayPal in South Africa will open up so many new potential opportunities and bring a huge influx of cash into South Africa through online purchases.

What do you think? Will you be using PayPal when it is confirmed that it will be available in South Africa?

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