10 Richest People in Michigan in 2020

The world's billionaires list is an annual ranking which documents the wealthiest billionaires in the world. This report is compiled and published in March annually by the American magazine, Forbes. The Forbes annual list of the worlds creamiest is now out. More than a dozen richest people in Michigan, or those who have Michigan ties, are among the record of the 607 billionaires included on this year's Forbes list.

How many billionaires are in Michigan? The Forbes' annual list of the richest people on the planet features 20 people who have ties to Michigan. The list included ten richest currently living in Michigan, which is two fewer compared to the Forbes list. These billionaires reside in, grew up in or have a strong connection to the Great Lakes State. Below is a list of the top ten richest people in Michigan:

1. Larry Page - $50.8 billion

• Age - 46
• Occupation - Businessperson, Computer scientist, Internet entrepreneur
• Position on Forbes - 10

Who is the richest person in Michigan? The Chief Executive Officer of the Google parent Alphabet Inc. secured a place on the top 10 billionaires in the world. His net worth makes him the richest person in Michigan. Page was born in 1973 in East Lansing. He attended the University of Michigan. Larry co-founded Google in 1998 with his fellow student Sergey Brin. Page owns 6% of the Alphabet. He sold $9 billion worth of shares to Google and Alphabet since the company's IPO in 2004. Larry has also invested in other projects. He used his returns to start an autonomous air taxi called Kitty Hawk.

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2. Steve Ballmer - $41.2 billion

• Age - 63
• Occupation – Businessperson, Investor
• Position on Forbes - 19

Steve is the former Microsoft CEO and also the owner of the NBA Los Angeles Clippers. In Detroit, Michigan, Ballmer's story is quite a distance from the rags-to-riches stories as he has never known poverty all his life. He comes from one of the richest families in Michigan. Steve Ballmer became the thirtieth employee at Microsoft. He was also the first business manager to be hired by Bill Gates.

His position came with a $50,000 salary and a part of ownership at the company. Ballmer oversaw Microsoft after the first dot.com crash. He stepped down in 2014 but remained a shareholder in the Redmond, Washington based company which makes windows OS, Surface tablet computers and Xbox game console. He once sold $3.4 billion worth of his shares in Microsoft, reducing his stake to 4%.