Business

Forbes billionaires are richer than ever
by Nina Gotzmannova

Every year the wealthiest Americans are eagerly waiting for September issue of Forbes magazine. Since 1982 the magazine publishes Forbes 400, list of 400 wealthiest Americans. Who has made it into the list, is really really rich. And this year even more than ever.Together the people in the list are worth $ 1.54 trillion, a significant change from last year. In 2006 was the net worth of possessions the richest $ 1.25. The reason is that the border for making it into the list is higher than ever. For the first time in 25 years $ 1 billion was not enough. Every Ritchie Rich in the list has to make at least $ 1.3 billion. More than eighty American billionaires didn't reach it. The first four places remained unchanged, with Bill Gates ($59B) at No. 1, Warren Buffett ($52B) at No. 2, Sheldon Adelson ($28B) behind him and Larry Ellison ($26B) at place No. 4. The fifth place got new occupants. For the first time co-founders of Google made it into Top 10. Sergey Brin and Larry Page are sharing the place with their net worth of $ 18.5 billion. The youngest on the list is 33-year-old hedge fund manager John Arnold at No. 317, the eldest one is 98-year-old John Simplot at No. 89. There are 35 women in the list; the first one is Alice Walton at No. 15. The last one in the Forbes 400 is Roger Wang with $1 billion. United States are the country with the highest concentration of billionaires. According to Forbes magazine, in U. S. lives 371 people with their bank accounts saying $ 1 billion or higher. They are centered in cities such as New York, Los Angeles, Chicago, Dallas or San Francisco. But the city with highest concentration of wealthy people is Atherton, CA. Between not more than 7.000 people live six billionaires.

related story: http://news.yahoo.com/s/ap/20070920/ap_on_bi_ge/forbes400;_ylt=ArSdJZMwllOCowGLwS_oimKs0NUE

by Nina Gotzmannova for PocketNews (http://pocketnews.tv)

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Edited by: Katarina Bosanska

Labels: Business, CantellTV, Chris Cantell, Christopher Cantell, digital broadcasting, SigEx Foundry, SigEx Telecom

posted by Blog TechSource @ 3:42 AM