Forbes Releases 400 Richest Americans-See the Top 21 Here

16 replies
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
#400 #americanssee #forbes #releases #richest #top
  • Profile picture of the author 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
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  • Profile picture of the author Thomas
    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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    • Profile picture of the author robert key
      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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      • Profile picture of the author Scott Ames
        Originally Posted by keyz View Post

        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.
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        Success consists of going from failure to failure without loss of enthusiasm. -Winston Churchill

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  • Profile picture of the author superaffiliate09
    Hey Jason
    Thanks for sharing the list.
    Though Bill is still the king I am pretty confident that someday I'll surpass him.hahaha
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  • Profile picture of the author zuby77
    i will make that list someday
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  • Profile picture of the author Marian Berghes
    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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  • Profile picture of the author 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.
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    • Profile picture of the author MichaelHiles
      Originally Posted by John Piteo View Post

      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?

      Originally Posted by mikeyman120 View Post

      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.
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      • Profile picture of the author misterwrecker
        Originally Posted by MichaelHiles View Post

        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
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        • Profile picture of the author Hesaidblissfully
          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.
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  • Profile picture of the author tarr645
    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...
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  • Profile picture of the author 2d0k
    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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  • Profile picture of the author 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.. :p
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    • Profile picture of the author seasoned
      Originally Posted by Sumit_Menon View Post

      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.. :p
      And what if the government STEALS the company, like they did with GM!?!?
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  • Profile picture of the author Michael Oksa
    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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    "Ich bin en fuego!"
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