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15 Of The Richest LGBT Millionaires and Billionaires

The Forbes 2014 list of 1600 richest billionaires includes only 0.4% of people who identify as gay, lesbian, bisexual, or transgender. These CEOs and entrepreneurs have been relatively open in both th

The Forbes 2014 list of 1600 richest billionaires includes only 0.4% of people who identify as gay, lesbian, bisexual, or transgender. These CEOs and entrepreneurs have been relatively open in both their private and public lives about their sexuality, but not every person who identifies as LGBT feels the need to come forward. It is, then, very possible that the Forbes list of billionaires contains more than the official small percentage.

Joining the LGBT billionaires are the millionaires who dominate this list, at least one of whom has only recently stated publicly that he is a proud gay man. There are many reasons for wanting to share or hide this information with the world. Some believe doing so will help the cause of LGBT rights. Others have never made an attempt to hide their sexuality although still others have purposely kept their sexuality hidden to avoid repercussions from their business colleagues.

Ranked from least rich to most rich, the following LGBT millionaires and billionaires all agree that their sexual orientation has - of course - no impact on their professional competence. Some financial giants, such as Wall Street executives, have argued being open is the best thing for the prosperity of any business.

15 Trevor Burgess

Via cltampa.co

14 Michael Kors 

Via chaos-mag.com

13 Peter Thiel

Via forbes.com

12 Tim Gill

Via washingtontimes.com

11 Robert Hanson

Via time.com

10 Christopher Baily

Via theguardian.com

9 Lord Browne 

Via theguardian.com

8 Tim Cook

Via rsvlts.com

7 Jann Wenner

Via nypost.com

6 Chris Hughes

Via npr.org

5 Stefano Gabbana 

Via dnangola.com

4 Domenico Dolce

Via salaomodabrasil.com.br

3 Jennifer Prtizker

Via twanzphobic.wordpress.com

2 Jon Stryker

Via crainsnewyork.com

1 David Geffen

Via foxsports.com

David Geffen is one of the richest and most powerful CEOs in the world. He used a fake UCLA degree to get a mailroom job and has been rising to the top of the corporate ladder ever since. Geffen owns nearly $1 billion of Apple stock, is founder of Asylum and Geffen Records, and part founder of the the DreamWorks movie studio. Geffen is also gay and has been out since at least 2007 when Out Magazine listed him number one of fifty “Most Powerful Gay Men and Women in America.” Geffen’s net worth tops out at almost $7 billion.

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15 Of The Richest LGBT Millionaires and Billionaires