Buoyed by the stock market, the average net worth of the richest people in America has hit a record $5.7 billion, up $700 million from last year, according to Forbes.
Take a look at the 10 richest people in America.
10. S. Robson Walton -- The son of Walmart Stores Inc founder Sam Walton and chairman of Walmart's net worth is $34.8 billion.
9. Alice Walton (pictured with brothers Rob and Jim) -- The daughter of Walmart founder Sam Walton and chairwoman of the Crystal Bridges Museum of American Art is worth an estimated $34.9 billion.
8. Michael Bloomberg, former New York City mayor, founder and owner of Bloomberg LP, philanthropist. Net worth: $35 billion.
7. Jim Walton, chairman and chief executive officer of Arvest Bank Group Inc. Net worth: $36 billion.
6. Christy Walton & family, Walmart heiress and co-chair of the Children's Scholarship Fund. Net worth: $38 billion.
4. David Koch (tie), along with brother Charles, David is co-owner and executive vice president of Koch Industries. Net worth: $42 billion.
4. Charles Koch (tie), along with brother David, Charles is co-owner and executive vice president of Koch Industries. Net worth: $42 billion.
3. Larry Ellison, CEO of Oracle. Net worth: $50 billion.
2. Warren Buffett, CEO of Berkshire Hathaway. Net worth: $67 billion.
1. Bill Gates, co-founder of Microsoft Corp., is also co-chairman of the Bill & Melinda Gates Foundation. Net worth: $81 billion.
To read more about the wealthiest Americans, go to Forbes.com.
John Palminteri photo
A brownish creature, with sharp teeth and claws, is deceased on the beach in Santa Barbara after the latest storm, and many people are wondering what it is.
Curator of Vertebrate Zoology Paul Collins at the Santa Barbara Natural History museum solves the mystery of the creature on East Beach.
Source:: Santa Barbara County Sheriff's Department
Three men have been arrested in connection with a stabbing that happened in Old Town Goleta on November 21st.
The man accused of killing a Faria Beach husband and wife and their unborn child pleaded guilty to murder charges in a deal that ensures he will not face the death penalty.
The Oxnard Police Department is investigating its third deadly shooting in just three days.
Santa Maria High School senior Carlos Balderas is just a few fights away from earning a place on the 2016 United States Olympic boxing team.
Its the season to be jolly and have a cup of cheer.
Santa Barbara City Fire Department
A tow truck was called out to Sycamore Creek following a two car crash.
According to Thrillist, every U.S. state is bad at something. Find out where your state falls short.
Jamie Urqhart/River Dee Trust
Several strange frozen saucers were found during a recent cold snap on a river in Scotland. Take a look at the unusual images.
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