THE CLASS OF 2018
THE ADMISSION CUTOFF for this year’s Forbes 400 is a record $2.1 billion, yet 15 people surmounted it to earn their first-ever spot among the richest Americans. Entrepreneurial spirit reigns, too: All but three are self-made. Shares of the e-commerce site Wayfair, founded by Niraj Shah (above) in 2002 with his Cornell classmate and fellow Forbes 400 newcomer Steve Conine (right), have soared nearly 80% in the last year. The duo got started hawking stereo racks and stands before expanding meticulously into other market niches. Wayfair now carries more than 10 million products, with a focus on home furnishings.