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The 16 industries that have made America's richest people, from tech to trucking

23 de Setembro de 2026, 15:52
The composite portrait shows Elon Musk, Rupert Murdoch, and Diane Hendricks in formal attire at separate events.
Elon Musk, Rupert Murdoch, and Diane Hendricks are the richest people in America in their respective industries.

Johannes Neudecker/picture alliance via Getty Images; Emma McIntyre/WireImage; PATRICK T. FALLON/AFP via Getty Images

  • Finance and tech have minted the most billionaires in the US.
  • However, less obvious industries have also led to some of the US's biggest fortunes.
  • The common denominator of massive wealth is being a founder (or, of course, an heir).

Finance and technology usually spring to mind when thinking of the world's most lucrative industries.

And that's for good reason. They have been the source of wealth for nearly half of America's 400 richest people, as ranked and categorized by Forbes.

However, billion-dollar fortunes have been made in other sectors, too, ranging from trucking to pest control.

Business Insider has compiled data from the 2026 Forbes 400 list, which is an estimated snapshot of the 400 richest people in America as of September 4.

Forbes estimated each member's net worth using a variety of sources, including interviews, asset valuations, and deductions for debt, charitable contributions, and fund donations.

The following ranking is based on the 16 industries into which Forbes categorized each individual. Business Insider calculated how many individuals went into each category to find which industries have minted the most of America's richest people. It also compiled the richest person within each industry.

Some of the members featured an "& family" tag, which means wealth held by a founder or heir's immediate family. The totals, therefore, count Forbes entries, not necessarily individual people.

Here are the industries that featured the most on the Forbes 400 list, from most to least prevalent.

1. Finance & investments — 108 members
Warren Buffett, Chairman and CEO of Berkshire Hathaway, makes his way to a morning session at the Allen & Company Sun Valley Conference on July 13, 2023 in Sun Valley, Idaho.

Kevin Dietsch/Getty Images

Richest: Warren Buffett — $144 billion

The finance and investments industry has been the biggest maker of fortunes. Most of the wealthiest individuals in this category are founders of hedge funds, mortgage lenders, VC, and investment firms.

Some are heirs to founders, such as the grandchildren of Fidelity founder Edward Johnson II.

2. Technology — 91 members
Elon Musk in China.
Elon Musk will retain tons of control over the new public company.

Johannes Neudecker/picture alliance via Getty Images

Richest: Elon Musk — $908 billion

Technology has been a massive maker of fortunes; the nine richest in this category are wealthier than Warren Buffett.

Many are founders of big-name tech companies, as well as software and computer hardware firms. The AI boom has brought several newcomers to the list, including OpenAI cofounder and president Greg Brockman.

3. Food & beverage — 35 members
Three attendees in formal evening wear pose on a ballroom dance floor during a gala.

Aurora Rose/Patrick McMullan via Getty Images

Richest: (Tie) Jacqueline and John Mars — $50.3 billion

From Chick-fil-A to Tito's Vodka, there are plenty of household-name brands in this category.

Others made their fortunes in the non-consumer parts of the food and beverage industry. These include J. Christopher Reyes and Jude Reyes, who cochair the food and beverage distribution firm Reyes Holdings, or Harry Stine, who made his fortune licensing soybean and corn genetics.

4. Fashion & retail — 26 members
White-haired person wearing glasses and a blazer stands on a football field with a Denver Broncos lapel pin.

Ethan Miller/Getty Images

Richest: Rob Walton & family — $132 billion

Like food and beverage, household names dominate the fashion & retail category. Walmart alone is listed as the source of wealth of eight people in this industry.

Other sources of retail wealth are less obvious. Jimmy and Bill Haslam's fortunes largely derive from the truck stop chain Pilot Flying J, which their father founded.

5. Energy — 23 members
Five formally dressed people stand smiling in a bright hallway beside a teal wall.
Lyndal Stephens Greth

Angela Piazza/The Dallas Morning News via Getty Images

Richest: Lyndal Stephens Greth & family — $30 billion

Oil tycoons and their families make up the bulk of this list. And it's not just those with stakes or roles in companies involved in production, but also pipelines and refineries.

6. Real estate — 18 members
Stephen Ross stands before a TIME100 Sports backdrop with Target, Toyota and J.P.Morgan logos.
Stephen Ross

Taylor Hill/WireImage

Richest: Stephen Ross — $21.5 billion

America's wealthiest real-estate magnates built their fortunes through all kinds of properties. Jeff Greene, for example, made billions investing in credit default swaps tied to subprime mortgage-backed securities before the financial crisis.

With an estimated net worth of $7 billion and much of his wealth tied to real estate, President Donald Trump is also included in this category.

7. Media & entertainment — 17 members
Rupert Murdoch poses in formalwear with another attendee before a Breakthrough Prize backdrop.
Rupert Murdoch and his wife, Elena Zhukova.

Emma McIntyre/WireImage

Richest: Rupert Murdoch & family — $25 billion

Legacy media, such as cable and satellite television, continue to dominate this category. However, some billionaires built their fortunes through other kinds of media, including Gabe Newell, who cofounded video game developer Valve.

Movies have minted others, such as award-winning director Steven Spielberg and "Star Wars" creator George Lucas.

8. Sports — 16 members
Los Angeles Rams owner E. Stanley Kroenke looks on during the game between the Los Angeles Rams and the Philadelphia Eagles on September 21, 2025 at Lincoln Financial Field in Philadelphia, PA.

Andy Lewis/Icon Sportswire via Getty Images

Richest: Stanley Kroenke — $27.6 billion

For many people in the sports category, team ownership is more of a second act, rather than the original source of their wealth.

For example, before they bought teams, Arthur Blank cofounded Home Depot, Stephen Bisciotti made his fortune in talent management, and Arturo Moreno made his money from billboard advertising.

There are some exceptions, such as Michael Jordan, whose basketball career was the origin of his wealth.

9. Healthcare — 15 members
Person wearing a name badge stands outdoors at a blurred gathering with other attendees in the background.
Thomas F. Frist III, son of HCA Healthcare cofounder Thomas F. Frist Jr. and a major shareholder in the company.

Bloomberg/Getty Images

Richest: Thomas Frist, Jr. & family — $33.6 billion

Aside from the category's richest entry, Thomas Frist Jr. and family, whose wealth comes from hospitals, most of the others made or inherited their fortunes in pharmaceuticals, medical devices, and medical equipment.

One, Patrick Soon-Shiong, developed the chemotherapy drug Abraxane.

10. Manufacturing — 15 members
Steven Rales in a checked blazer and blue tie poses against a peach event backdrop.
Steven Rales

Amy Sussman/WireImage

Richest: Steven Rales — $8.7 billion

Manufacturing spans a variety of industries, from packaging materials to defense.

Some big fortunes come from everyday products you might not expect. Cleaning products alone account for four people on the list, all of whom are heirs to SC Johnson, whose products include Windex and Glade.

11. Service — 11 members
Micky Arison in a suit stands at a podium on a stage with a Miami Heat logo behind him.
Micky Arison

Jesse D. Garrabrant/NBAE via Getty Images

Richest: Micky Arison & family — $11.5 billion

Aircraft leasing, cruises, and self-storage are just some examples of services that have turned people into billionaires.

Lucrative service companies aren't necessarily the most glamorous. Gary Rollins, for example, is executive chairman emeritus of pest control firm Rollins, which was founded by his father.

12. Automotive — 8 members
Crowded NYSE trading floor with traders and screens showing Cloudera stock information under large NYSE signage.
Ernest Garcia III (left), cofounder and CEO of Carvana, and his father, Ernest Garcia II, the biggest shareholder.

NYSE

Richest: Ernest Garcia, II — $24.3 billion

In the US, automotive fortunes are less about manufacturing cars and more about selling, servicing, and moving them.

Forbes 400 member Dan Friedkin, for example, owns Gulf States Toyota, while Shahid Khan owns auto parts supplier Flex-N-Gate.

13. Diversified — 8 members
Three attendees pose together in front of a PFC Playing for Change Foundation step-and-repeat backdrop.
Julia Koch (right), and two of her children, Mary Julia Koch and David Koch Jr.

Jared Siskin/Patrick McMullan via Getty Images

Richest: Julia Koch & family — $84.6 billion

Diversified means fortunes that don't neatly come from one industry. Members of the Koch family, which has stakes in the conglomerate Koch, dominate this segment.

14. Logistics — 4 members
Brad Jacobs smiles while speaking at a podium microphone during an event.
Brad Jacobs, CEO and chair of distributor and installer of building products, QXO, Inc

Bloomberg/Getty Images

Richest: Brad Jacobs — $13.3 billion

The businesses that move products through the supply chain are among the most essential to day-to-day life, and can be worth billions.

For example, Johnelle Hunt, who cofounded transportation and logistics firm J.B. Hunt Transport Services, is worth $6.6 billion.

15. Construction & engineering — 3 members
Speaker with an American flag lapel pin addresses a microphone at a blue-lit podium.
Diane Hendricks is the owner and chair of ABC Supply.

PATRICK T. FALLON/AFP via Getty Images

Richest: Diane Hendricks — $23.6 billion

All three members of the Forbes 400 in the construction and engineering industry are self-made billionaires.

Diane Hendricks cofounded building-supply distributor ABC Supply with her late husband, Ken Hendricks. Mike Hollingshead founded concrete maker Smyrna Ready Mix, while Robert Clark founded construction firm Clayco.

16. Gambling & casinos — 2 members
Miriam Adelson, in red attire, addresses the microphones at a podium displaying the Sands logo against a large-screen backdrop.
Miriam Adelson and her family own over half of the casino firm Las Vegas Sands.

Bloomberg/Getty Images

Richest: Miriam Adelson & family — $33.5 billion

With just two members categorized in the Forbes 400, gambling and casinos are the smallest category.

Miriam Adelson's late husband, Sheldon Adelson, was the founder of casino company Las Vegas Sands, while Jon Yarbrough founded casino producer Video Gaming Technologies.

Phil Ruffin, who Forbes categorized as diversified, made his wealth from a mix of casinos and real estate.

Read the original article on Business Insider

Salesforce has held talks to buy Listen Labs, an AI customer research platform, for around $2 billion

9 de Setembro de 2026, 16:01
Salesforce CEO Marc Benioff onstage at his company's annual Dreamforce in San Francisco, September, 2024.
Salesforce CEO Marc Benioff speaks to thousands at the Moscone South Hall during Dreamforce in San Francisco on Tuesday, Sept. 17, 2024.

Brontë Wittpenn/San Francisco Chronicle via Getty Images

  • Salesforce has been in talks to acquire AI startup Listen Labs for around $2 billion.
  • Listen Labs, which was last valued at $500 million, sells an AI market analysis platform.
  • Recent AI M&A deals include Nvidia's $12.9 billion acquisition of AI startup Hugging Face.

Salesforce could be on the hunt for acquisitions to beef up its AI capabilities.

The software giant has recently been in talks to buy Listen Labs, an AI-powered customer research platform for around $2 billion, according to people familiar with the matter. The talks have not been finalized and could ultimately be unsuccessful, according to a person with knowledge of the deal.

Salesforce and Listen Labs did not respond to requests for comment.

Listen Labs was founded in 2023 by Alfred Wahlforss and Florian Juengermann, who first met as undergraduates at Harvard University while building an AI avatar app that went viral, attracting 20,000 users on its first day, according to Sequoia Capital. Juengermann was previously a national champion in competitive programming in Germany.

They used an early version of what would become Listen Labs to interview users, which helped them realize that using AI for market research would be extremely valuable.

The company's software automates much of the qualitative research process, which has typically been expensive and time-consuming.

Customers include Microsoft, Anthropic, Google, Nestle, Sweetgreen, and Perplexity. At the beginning of the year, Listen Labs said it had grown its annualized revenue by 15x and interviewed more than one million people in nine months.

For Salesforce, the deal would strengthen its broader quest to make its agentic AI platform, Agentforce, more than just about automating repetitive work. Listen Labs could boost Agentforce by understanding what customers are thinking. It could recommend which products they might buy and craft the perfect pitch for salespeople to close a deal.

If the deal were finalized, it would be part of a wave of AI acquisitions in recent weeks, with Nvidia acquiring HuggingFace for around $12.9 billion and Stripe buying OpenRouter for around $8 billion.

Salesforce has been pushing to improve its AI efforts, with a particular focus on enterprise agents. The Information reported that they considered acquiring HuggingFace before it was sold to Nvidia.

Listen Labs was last valued at $500 million in a financing round earlier this year. Its backers include Sequoia Capital, Ribbit Capital, Conviction Partners, and Pear VC.

Read the original article on Business Insider

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