by Shane O'Neill

Material Boys: Tech CEOs with the Highest Net Worth

News
Apr 19, 2011

Many CEOs make the big bucks, but when you're the top exec of a technology giant and can exercise stock options, your wealth can reach the stratosphere. Led by a couple of guys named Larry, each of these eight tech CEOs has a net worth that will make your head spin.

Larry Ellison

CEO of Oracle

Net worth: $39.5 billion

Befitting his legendary ego, Oracle founder and CEO Larry Ellison has the biggest fortune among tech CEOs. The dapper yachtman’s massive net worth grew by $11.5 billion last year as Oracle’s shares jumped 30 percent, according to Forbes. Oracle also won a $1.3 billion copyright infringement case against SAP, and has been profiting from acquisitions, most notably Sun. Ellison also has a 52 percent stake in software company NetSuite. It all adds up to one insanely rich dude. And he’s got the Asian-inspired estate to prove it, along with several sail boats, private jets and exotic sports cars.

Larry Ellison in Pictures: It’s Good to Be The King

CIO.com Teardown: Oracle CEO Larry Ellison

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Larry Page

CEO of Google

Net worth: $19.8 billion

Google co-founder and CEO Larry Page doesn’t flash his wealth like Ellison, but with a $19.8 billion fortune, he could afford to buy a yacht or two. Google’s stock increased by 18 percent last year, pushing Page’s net worth up by $5.5 billion. Internet search is still Google’s cash cow, but its Android mobile OS has taken the mobile world by storm. Page, an engineer by nature, recently took back the CEO role (a job he had 10 years ago) from the more business-minded Eric Schmidt. All eyes will be on Page to see if he can keep Google dominant.

Slideshow: Tech’s Youngest Billionaires

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Steve Ballmer

CEO of Microsoft

Net worth: $14.5 billion

Microsoft CEO Steve Ballmer, often lampooned for his excitable manner, does produce solid financial results. His net worth increased $3.5 billion during the last year, mostly as a result of selling a boatload of Microsoft shares (allegedly for personal and tax reasons) and Ballmer keeps Microsoft moving on many fronts: Bing, Xbox Kinect, Windows 7. However, Microsoft has lagged behind smartphone and tablet rivals, and Ballmer was punished for that, getting only half his potential 2010 bonus. But as a 31-year Microsoft veteran, Ballmer is the ultimate company man and his loyalty has ensured him gobs of money.

Slideshow: CIO.com Teardown: Microsoft CEO Steve Ballmer