Thursday, February 2

Tech entrepreneurs, richer with the pandemic: who top the podium


Who enters the podium

  • Elon Musk (Fundador de Tesla): $362 billion
  • Jeff Bezos (Founder of Amazon): $192 billion
  • Bill Gates (CEO de Microsoft): $137 billion
  • Larry Page (creator of Google): $129 billion
  • Sergey Brin (the other founder of Google): $125 billion
  • Mark Zuckerberg (CEO of Facebook and Meta): $122 billion
  • Larry Ellison (Founder of Oracle): $116 billion

A particular case is that of Warren Buffet (President of Berkshire Hathaway) who earned US$105 billion. One of the reasons why he doubled his fortune is explained by his heavy investment in Apple, the big winner in market capitalization this year. The demand for more technology forced companies to invest in better products that cater to consumers’ need to communicate. This led to its shares rallying sharply.

What will happen this 2022

Although there are many reasons to be cautious in the stock market for 2022 – mainly the risks from the Federal Reserve’s monetary policy – ​​it is likely that at least three technology stocks sustain their market capitalization.

One of them is Alphabet (Nasdaq: GOOGL) which saw a big rise in 2021 on the strength of online advertising, as well as the rise of cloud platforms that rose 45% to $4.99 billion in the third quarter. In addition, it was encouraged by the growth in advertising revenue from the YouTube segment, which increased 43% compared to the previous year.

By 2022, Google will see a boost in increased digital ad spending as the economy tries to recover from COVID. In the next twelve months, it is estimated that they will have an increase of at least 15%.

Another option is NVIDIA (NASDAW: NVDA) – Popularly regarded as one of the world’s leading providers of high-performance graphics processing units for video game consoles, data centers and self-driving vehicles, closed 2021 with gains of over 125% per the growing demand for its chips.

The trend is likely to continue into 2022 as demand in semiconductors is expected to continue with growth forecast above 48%.

Lastly, it stands out ROBLOX (NYSE:RBLX). The digital entertainment firm had a 48% profit in 2021 due to the strong demand for video games in 3D worlds. They will perform better in 2022 for being one of the top names in the metaverse space whose development will deepen this year.



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