Forbes Releases 400 Richest Americans-See the Top 21 Here

Jason_V · 10-01-2009, 08:09 AM

The economy has been rough on America's rich. Poor Bill Gates has lost 7 BILLION over the past 12 months. Don't cry too many tears for him, he's still number one with a measly 50 BILLION He is 53, so I kind of feel sorry that he doesn't have 1 BILLION dollars for every year he has been alive. If he hadn't lost that 7 BILLIOn he would have easily accomplished this.

Here's the whole story and the list of the top 21:

the-forbes-400.html: Personal Finance News from Yahoo! Finance

mikeyman120 · 10-01-2009, 08:25 AM

Cool list. Never heard of most of them. Bill is still king I see. I though someone beat him out recently, that may be on an international list of billionaires.

Mike

Thomas · 10-01-2009, 08:44 AM

If one of the Waltons killed off the other three, after doing a bit of will fiddling, they could top the list.

10-01-2009, 08:48 AM

Hey Jason
Thanks for sharing the list.
Though Bill is still the king I am pretty confident that someday I'll surpass him.hahaha

keyz · 10-01-2009, 09:02 AM

What most people don't realize is Bill Gate's "worth" is based on
"paper" - which means it's based off of stock value. The stock
market and market valuations are up and down these days and
if Microsoft's stock price plummets then so does his "worth".

Also, under SEC rules, Bill can't just cash in all of his shares at
one time.

I think there are certain "oil tycoons" that are probably richer
than Bill and a lot of other people that have their wealth and
worth tied to stocks.

I know I would rather my wealth be tied to or backed by oil
than the up and down stock market.

Just my two cents...

Robert

zuby77 · 10-01-2009, 09:09 AM

i will make that list someday

Marian Berghes · 10-01-2009, 09:17 AM

he may be the richest single person in the world...

but there are families in the arab regions that go beyond 100 billion dollars as family wealth

John Piteo · 10-01-2009, 09:18 AM

Gee, I thought I would see names like Frank Kern, John Reese, Brad Fallon, Eben Pegan, Rich Schefren, Mike Filsaime, etc on that list.

Come on guys, we got to get some Internet marketers on that list.

tarr645 · 10-01-2009, 09:28 AM

Well I know that for a while, Warren Buffet had ousted Bill Gates from the Kingship, but recently with the ****ty economy, Bill Gates came back. Still quite a feat for those old guys...

MichaelHiles · 10-01-2009, 10:17 AM

Quote:

Originally Posted by John Piteo

Gee, I thought I would see names like Frank Kern, John Reese, Brad Fallon, Eben Pegan, Rich Schefren, Mike Filsaime, etc on that list.

Come on guys, we got to get some Internet marketers on that list.

You mean the guys from Google, Yahoo, SalesForce.com (on the top 400), Amazon, and the like don't count? Zuckerberg?

Quote:

Originally Posted by mikeyman120

Cool list. Never heard of most of them. Bill is still king I see. I though someone beat him out recently, that may be on an international list of billionaires.

Mike

These are just Americans. IIRC, the media/telecommunications guy from Mexico is over $100B.

2d0k · 10-01-2009, 10:20 AM

yep! i've read about the article in Yahoo this afternoon.. it seems that the financial crisis really hit them big time!

Scott Ames · 10-01-2009, 10:22 AM

Quote:

Originally Posted by keyz

What most people don't realize is Bill Gate's "worth" is based on
"paper" - which means it's based off of stock value. The stock
market and market valuations are up and down these days and
if Microsoft's stock price plummets then so does his "worth".

Robert

I'll take it.

Sumit Menon · 10-01-2009, 10:37 AM

Look at Paul Allen with absolutely no beard!

And I always wonder why you need so much money... I mean, you don't use it anyway. It's just the company value. And what if you die without selling the company. You never see the money that way..

seasoned · 10-01-2009, 11:20 AM

Quote:

Originally Posted by Sumit_Menon

Look at Paul Allen with absolutely no beard!

And I always wonder why you need so much money... I mean, you don't use it anyway. It's just the company value. And what if you die without selling the company. You never see the money that way..

And what if the government STEALS the company, like they did with GM!?!?

Michael Oksa · 10-01-2009, 12:00 PM

Way to go Bill!

Like it or not, the massive wealth these people have was well-earned. In Mr. Gates case he made computers accessible to everyone. Did he "borrow" other's ideas? Maybe. But he also knew how to market it to the masses.

The Walton family, despite their many faults, provide products at reasonable prices. Yes, it comes at a cost to others, and I don't agree with some of the things they do.

We can all learn a lesson from the Forbes list.

Sell people what they want.

All the best,
Michael

misterwrecker · 10-01-2009, 12:15 PM

Quote:

Originally Posted by MichaelHiles

You mean the guys from Google, Yahoo, SalesForce.com (on the top 400), Amazon, and the like don't count? Zuckerberg?

These are just Americans. IIRC, the media/telecommunications guy from Mexico is over $100B.

These are just Americans on that list but Bill Gates is also the richest man in the world. I think you are talking about Carlos Slim from Mexico but he is number 3 I believe.

-John

Hesaidblissfully · 10-01-2009, 12:34 PM

Yeah, I saw this article yesterday. I was surprised to see mayor Bloomberg in the top 10. I thought i remembered reading somewhere that his net worth was only 4 bil. Good to see he gave $235 million to charity last year though.

10-01-2009, 08:09 AM	#1
Jason_V Senior Warrior Member War Room Member Join Date: Jan 2007 Location: , , USA. Posts: 1,467 Blog Entries: 5 Thanks: 129 Thanked 207 Times in 78 Posts	Forbes Releases 400 Richest Americans-See the Top 21 Here The economy has been rough on America's rich. Poor Bill Gates has lost 7 BILLION over the past 12 months. Don't cry too many tears for him, he's still number one with a measly 50 BILLION He is 53, so I kind of feel sorry that he doesn't have 1 BILLION dollars for every year he has been alive. If he hadn't lost that 7 BILLIOn he would have easily accomplished this. Here's the whole story and the list of the top 21: the-forbes-400.html: Personal Finance News from Yahoo! Finance

10-01-2009, 08:25 AM	#2
mikeyman120 Mike-Nagle.com War Room Member Join Date: Jan 2008 Location: NY, USA Posts: 984 Thanks: 180 Thanked 172 Times in 102 Posts Social Networking	Re: Forbes Releases 400 Richest Americans-See the Top 21 Here Cool list. Never heard of most of them. Bill is still king I see. I though someone beat him out recently, that may be on an international list of billionaires. Mike

10-01-2009, 08:44 AM	#3
Thomas Leprechaun Killer War Room Member Join Date: Jul 2002 Location: Ireland Posts: 3,234 Blog Entries: 14 Thanks: 149 Thanked 347 Times in 217 Posts	Re: Forbes Releases 400 Richest Americans-See the Top 21 Here If one of the Waltons killed off the other three, after doing a bit of will fiddling, they could top the list.
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10-01-2009, 08:48 AM	#4
superaffiliate09 Guest Posts: n/a	Re: Forbes Releases 400 Richest Americans-See the Top 21 Here Hey Jason Thanks for sharing the list. Though Bill is still the king I am pretty confident that someday I'll surpass him.hahaha
superaffiliate09 Guest Posts: n/a

10-01-2009, 09:02 AM	#5
keyz HyperActive Warrior War Room Member Join Date: Oct 2002 Location: , , USA. Posts: 482 Thanks: 0 Thanked 35 Times in 10 Posts	Re: Forbes Releases 400 Richest Americans-See the Top 21 Here What most people don't realize is Bill Gate's "worth" is based on "paper" - which means it's based off of stock value. The stock market and market valuations are up and down these days and if Microsoft's stock price plummets then so does his "worth". Also, under SEC rules, Bill can't just cash in all of his shares at one time. I think there are certain "oil tycoons" that are probably richer than Bill and a lot of other people that have their wealth and worth tied to stocks. I know I would rather my wealth be tied to or backed by oil than the up and down stock market. Just my two cents... Robert
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10-01-2009, 09:09 AM	#6
zuby77 Warrior Member Join Date: Oct 2009 Posts: 1 Thanks: 0 Thanked 0 Times in 0 Posts	Re: Forbes Releases 400 Richest Americans-See the Top 21 Here i will make that list someday
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10-01-2009, 09:17 AM	#7
Marian Berghes Advanced Warrior Join Date: Aug 2008 Location: Romania Posts: 814 Thanks: 124 Thanked 105 Times in 68 Posts Social Networking Contact Info	Re: Forbes Releases 400 Richest Americans-See the Top 21 Here he may be the richest single person in the world... but there are families in the arab regions that go beyond 100 billion dollars as family wealth
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10-01-2009, 09:18 AM	#8
John Piteo Getting into Video! War Room Member Join Date: Mar 2005 Location: Florida Posts: 349 Thanks: 68 Thanked 48 Times in 31 Posts Social Networking	Re: Forbes Releases 400 Richest Americans-See the Top 21 Here Gee, I thought I would see names like Frank Kern, John Reese, Brad Fallon, Eben Pegan, Rich Schefren, Mike Filsaime, etc on that list. Come on guys, we got to get some Internet marketers on that list.
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10-01-2009, 09:28 AM	#9
tarr645 Warrior Member Join Date: Oct 2009 Posts: 13 Thanks: 0 Thanked 1 Time in 1 Post	Re: Forbes Releases 400 Richest Americans-See the Top 21 Here Well I know that for a while, Warren Buffet had ousted Bill Gates from the Kingship, but recently with the ****ty economy, Bill Gates came back. Still quite a feat for those old guys...

10-01-2009, 10:20 AM	#11
2d0k Mistah Warrior War Room Member Join Date: Sep 2009 Location: Pilipinas sa Silangang Asya Posts: 654 Thanks: 33 Thanked 54 Times in 51 Posts	Re: Forbes Releases 400 Richest Americans-See the Top 21 Here yep! i've read about the article in Yahoo this afternoon.. it seems that the financial crisis really hit them big time!
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10-01-2009, 10:37 AM	#13
Sumit Menon . Join Date: Aug 2008 Location: Mumbai, India Posts: 657 Thanks: 552 Thanked 246 Times in 153 Posts Social Networking Contact Info	Re: Forbes Releases 400 Richest Americans-See the Top 21 Here Look at Paul Allen with absolutely no beard! And I always wonder why you need so much money... I mean, you don't use it anyway. It's just the company value. And what if you die without selling the company. You never see the money that way..
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10-01-2009, 12:00 PM	#15
Michael Oksa The Ethical Marketer War Room Member Join Date: May 2006 Location: Wisconsin, USA Posts: 6,054 Thanks: 1,750 Thanked 3,019 Times in 1,337 Posts Social Networking Contact Info	Re: Forbes Releases 400 Richest Americans-See the Top 21 Here Way to go Bill! Like it or not, the massive wealth these people have was well-earned. In Mr. Gates case he made computers accessible to everyone. Did he "borrow" other's ideas? Maybe. But he also knew how to market it to the masses. The Walton family, despite their many faults, provide products at reasonable prices. Yes, it comes at a cost to others, and I don't agree with some of the things they do. We can all learn a lesson from the Forbes list. Sell people what they want. All the best, Michael
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10-01-2009, 12:34 PM	#17
Hesaidblissfully Advanced Warrior Join Date: Oct 2007 Location: , , USA. Posts: 717 Thanks: 33 Thanked 109 Times in 85 Posts	Re: Forbes Releases 400 Richest Americans-See the Top 21 Here Yeah, I saw this article yesterday. I was surprised to see mayor Bloomberg in the top 10. I thought i remembered reading somewhere that his net worth was only 4 bil. Good to see he gave $235 million to charity last year though.