Most Cited Billionaire Patents
Introducing the most cited billionaire patents. A patent forward citation is an essential metric in evaluating the success of a patent – it measures how many times other patents have cited the original patent. The number of forward citations is essential because it can reveal market trends, give insights into industry competition, and indicate an invention’s success.
Read on to find out who the most successful, wealthiest inventors and recognize their most cited patents. With an estimated net worth as of June 13, 2023.
Elon Reeve Musk
Meet South African-born billionaire, inventor, and investor Elon Musk (born in 1971). He is the wealthiest person in the world, according to the Bloomberg Billionaires Index.
Musk’s early online ventures, Zip2 and PayPal, were highly successful and groundbreaking. He is the founder, CEO and chief engineer of SpaceX; angel investor, CEO and product architect of Tesla, Inc.; owner and CEO of Twitter, Inc.; founder of The Boring Company; co-founder of Neuralink and OpenAI.
Most cited patents:
US5944769A is the most famous patent in Elon Musk’s portfolio. It has received 220 citations from companies like Google, Verizon Data Services, and Microsoft.
The invention provides a network-accessible service that integrates a business directory and a map database. A user can scan the business directory and the map database to quantify the search. That provides directions from a specified location to a selected search result through a website.
While maps have become an integral part of our lives, providing quick access to information about various services, back in 1996, this solution was highly innovative.
US6148260A – 202 citation. System and method for initiating a telephone call utilizing Internet initiation (Zip2): This patent is for a system and method that uniquely combines aspects of the Internet and Public Switched Telephone Network (PSTN) for calling an entity using a monitor. The user gives input to the computer to start a call. A website that displays the call receives the requested data and relays it over the Internet to a call center. The call center establishes the desired phone connection over PSTN.
About The Author
Angelina Kushnarova
Angelina Kushnarova (Sverediuk) was born in Ukraine. She graduated from Ternopil Medical University with a specialization in Medicine and completed an internship in Radiology at Lviv University. She worked as a Radiologist, while also working as a web developer.