The Three Comma Club
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The Three Comma Club simply means the billion dollar mark; the three commas are meant to symbolize the three commas that appear within the billion integer as $1,000,000,000. Members are people who have been valued at a billion dollars in valuation. To be a member of the Three Comma Club is to be a billionaire.[1] It is an exclusive club that is limited to those whose net worth is valued at a billion dollars or more. Stories have been heard of people who began destroying and breaking their properties out of anger upon finding they were now worth $980,000,000 dollars and no longer of the Three Comma Club.[2]
History & Origination
The term Three Comma Club first appeared in the popular American HBO comedy series Silicon Valley (TV series), where Russ Hanneman, portrayed by Chris Diamantopoulos, claimed that he was a member of the Three Comma Club.[3] As of 2019, there were about 2,153 members of the Three Comma Club: 718 from Asia, 631 from North America, 559 from Europe, 85 from South America, 38 from Oceania, and 25 from Africa. Their ultra-rich members are collectively worth over $8.7 trillion dollars, down $400 billion from 2018.
Rise of New Members
In 2019, 19 new members joined the Club for the first time. Four of these members joined as a result of death or divorce, including Julia Koch and Jeff Bezos's ex-wife Mackenzie Bezos. The 19 new members of the 2019 Forbes 400, in order of net worth:[4]
- Julia Koch & family (Net worth: $41 billion,
Source: Koch Industries)
- Mackenzie Bezos (Net worth: $36.1 billion
Source: Amazon)
- Tim Sweeney (Net worth: $4.5 billion
Source: Video games)
- Ross Perot (Net worth: $4.2 billion
Source: Computer services, real estate)
- Neal Blue (Net worth: $4.1 billion
Source: Defense)
- Janice McNair (Net worth: $4 billion
Source: Energy, sports)
- Anthony Wood (Net worth: $3.9 billion
Source: Streaming technologies)
- Jay Chaudhry (Net worth: $3.6 billion
Source: Security software)
- Herbert Wertheim (Net worth: $3.1 billion
Source: Investments)
- Orlando Bravo (Net worth: $3 billion
Source: Private equity)
- William Lauder (Net worth: $2.8 billion
Source: Estée Lauder)
- Peter Gassner (Net worth: $2.7 billion
Source: Software)
- Ernest Garcia III (Net worth: $2.3 billion
Source: Used cars)
- Aneel Bhusri (Net worth: $2.2 billion
Source: Business software)
- Jim Kavanaugh (Net worth: $2.2 billion
Source: IT provider)
- Brian Sheth (Net worth: $2.2 billion
Source: Investments)
- Jeffrey Gundlach (Net worth: $2.1 billion
Source: Investments)
- Henry Laufer (Net worth: $2.1 billion
Source: hedge funds)
- Chad Richison (Net worth: $2.1 billion
Source: Payroll processing)
See also
References
- ↑ "Unexpected Members Of The 3-Comma Club". Retrieved 2019-09-15.
- ↑ "Three Commas Club". Retrieved 2019-09-15.
- ↑ "Russ Hanneman". Retrieved 2019-10-28.
- ↑ "Newcomers: These 19 Billionaires Join The Forbes 400 List In 2019". Retrieved 2019-09-15.
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