WEALTH
$72bn net worth makes Bill Gates the world's richest
The Nation


Bill Gates

BANGKOK: -- Bill Gates retains the top spot as the richest American for the 20th straight year, with the net worth of US$72 billion.

In the Forbes 400 list, Gates saw his net worth rise by $6 billion from last year.

With the networth, he is also once again the world's richest person, having passed Mexico's Carlos Slim in May.

Warren Buffett, #2, is the biggest dollar gainer this year at $58.5 billion, up $12.5 billion from last year. Larry Ellison (#3), worth $41 billion, is the same as last year; he is the only one in the Top 10 who did not add to his fortune. Mark Zuckerberg was the second biggest gainer at $9.6 billion. He returns to the Top 20 (#20) at $19 billion after dropping to #36 last year, while Carl Icahn is back in the Top 20 (#18) for the first time since 2008.

The ranking was released today. Forbes magazine concluded that the combined wealth of the Forbes' 2013 ranking of the richest people in America is $2 trillion, up from $1.7 trillion in 2012 and the highest ever, due in part to the strength of both the US stock and real estate markets.

The average net worth of a Forbes 400 member is a staggering $5 billion, the highest to date, up from $4.2 billion last year. Net worth increased for 314 members, and decreased for 30 members. Cost of admission to the 2013 list has rebounded back to what it was pre-financial crisis at $1.3 billion, up from $1.1 billion a year ago. For the complete Forbes 400 ranking on Forbes.com, visit: www.forbes.com/forbes400.

Twenty newcomers climbed into the ranks, including Don Hankey (#342) of Auto Loans at $1.6 billion, GoPro's Nicholas Woodman (#386) at $1.3 billion; and Richard Yuengling Jr. of D.G. Yuengling & Son (# 371) at $1.4 billion. David Duffield's fortune is up 205% to $6.4 billion from $2.1 billion last year, making the software entrepreneur -- currently co-CEO of Workday and former head of PeopleSoft -- the largest percentage gainer this year (#65).

There are 48 women on the list, including retired Army lieutenant colonel and heir to the Hyatt Hotels fortune Jennifer Pritzker (#327), formerly known as James Pritzker and the first transgender billionaire. Paul Allen moves out of the top 20, now at #26, from #20 in 2012; as does Steve Ballmer, now #21, from #19 in 2012. Twenty-eight people who were on the 2012 Forbes 400 dropped off, and 6 people died. Among the deceased is sound pioneer Ray Dolby, who passed away last week.


-- The Nation 2013-09-17

Bullshit..

Gates' fortune is a drop in the bucket compared to the holdings of the douchebags who own the private banks which control the big central banks.

Bullshit..

Gates' fortune is a drop in the bucket compared to the holdings of the douchebags who own the private banks which control the big central banks.

Gates will be very disappointed to read this.

I could live fat on the hog, the rest of my life, with just a couple hours interest (6%) on that.

Bill Gates retains the top spot as the richest American for the 20th straight year, with the net worth of US $72 billion.

The average net worth of a Forbes 400 member is a staggering $5 billion,

Either the reporter didnt do well in Math, or he didnt do well in English

Edited September 17, 201312 yr by poanoi

Bill Gates retains the top spot as the richest American for the 20th straight year, with the net worth of US $72 billion.

The average net worth of a Forbes 400 member is a staggering $5 billion,

Either the reporter didnt do well in Math, or he didnt do well in English

Missed what contradicts that.

Gates has 72 billion.

Many have more than 5 billion.

Bulk of the 400 billionairres have less than 5 billion which brings the average down to 5 billion each.

Cant say the maths is right but cant see anything sin this suggesting it is wrong.

Bill Gates retains the top spot as the richest American for the 20th straight year, with the net worth of US $72 billion.

The average net worth of a Forbes 400 member is a staggering $5 billion,

Either the reporter didnt do well in Math, or he didnt do well in English

No, the net worth of Forbes 400 members is $ 2 trillion, the report is saying that the average net worth of the 400 is $5 Billion...

Ah, ok, my english isnt good then, i read it as he wanted to to say they have combined 5 trillion

Good to see them giving it all away also.

Seriously could not spend that money every day, so after their toys, give it away to fund beneficial enterprises for the world.

Good on em.

There is too much focus by individuals on who has what and who does not.

be nice to give some of it back to the starving

be nice to give some of it back to the starving

Quite a number of them do, Bill and Melinda Gates the most prominent among them.

TL

Pay it forward....

Most of it is not cash wealth, but wealth nonetheless.

Where on the list would the Rockefellers and Rothschilds be?

be nice to give some of it back to the starving

Quite a number of them do, Bill and Melinda Gates the most prominent among them.

TL

I hope they really do!!!

I hope they gimme some

Bullshit..

Gates' fortune is a drop in the bucket compared to the holdings of the douchebags who own the private banks which control the big central banks.

Tinfoil hats at the ready!

Bill Gates retains the top spot as the richest American for the 20th straight year, with the net worth of US $72 billion.

The average net worth of a Forbes 400 member is a staggering $5 billion,

Either the reporter didnt do well in Math, or he didnt do well in English

Missed what contradicts that.

Gates has 72 billion.

Many have more than 5 billion.

Bulk of the 400 billionairres have less than 5 billion which brings the average down to 5 billion each.

Cant say the maths is right but cant see anything sin this suggesting it is wrong.

Seems like some people don't understand averages. Best they stay away from base ball.

Bullshit..

Gates' fortune is a drop in the bucket compared to the holdings of the douchebags who own the private banks which control the big central banks.

Tinfoil hats at the ready!

You got that right.

The world is full of conspiracy thinkers. You can probly find them behind why there is no more than a certain number of raisins in certain cereals.

Bullshit..

Gates' fortune is a drop in the bucket compared to the holdings of the douchebags who own the private banks which control the big central banks.

Agreed, also do they even bother to look at sovereign wealth funds

Bullshit..

Gates' fortune is a drop in the bucket compared to the holdings of the douchebags who own the private banks which control the big central banks.

Agreed, also do they even bother to look at sovereign wealth funds

Evelyn Rothschild alone is worth $400 Billion; the Rothschild Family is worth a combined US$500 Trillion; but Forbes won't tell you that.

Bullshit..

Gates' fortune is a drop in the bucket compared to the holdings of the douchebags who own the private banks which control the big central banks.

Agreed, also do they even bother to look at sovereign wealth funds

Evelyn Rothschild alone is worth $400 Billion; the Rothschild Family is worth a combined US$500 Trillion; but Forbes won't tell you that.

Any particular reason for these conspiracy theories. Or are you just being anti Semite?

Bullshit..

Gates' fortune is a drop in the bucket compared to the holdings of the douchebags who own the private banks which control the big central banks.

Agreed, also do they even bother to look at sovereign wealth funds

Get a dictionary and look up the difference between one person and sovereign wealth funds.

I have to say that Bill Gates has given a lot of money through his charitable foundation ( as has his friend Mr. Buffet ) trying to help the continent of Africa eradicate diseases such as Polio for good. I have to give him a lot of credit for what he has done.

Bullshit..

Gates' fortune is a drop in the bucket compared to the holdings of the douchebags who own the private banks which control the big central banks.

Agreed, also do they even bother to look at sovereign wealth funds

Get a dictionary and look up the difference between one person and sovereign wealth funds.

Thanks for that. Now look at the Middle East for example where royal families are the state and amass their fortune’s.

Bullshit..

Gates' fortune is a drop in the bucket compared to the holdings of the douchebags who own the private banks which control the big central banks.

Agreed, also do they even bother to look at sovereign wealth funds

Evelyn Rothschild alone is worth $400 Billion; the Rothschild Family is worth a combined US$500 Trillion; but Forbes won't tell you that.

Any particular reason for these conspiracy theories. Or are you just being anti Semite?

The comments are about Forbe's one eye view at who the supposed rich are and other examples. You're the one with the conspiracy outlook. Take a valium, that should help.

Edited September 18, 201312 yr by Garry

Any particular reason for these conspiracy theories. Or are you just being anti Semite?

The comments are about Forbe's one eye view at who the supposed rich are and other examples. You're the one with the conspiracy outlook. Take a valium, that should help.

Automatic Like, for the Valium.

Money beyond belief. Jaw dropping. We can learn a lot from those guys.

Sent from my GT-I9190 using Thaivisa Connect Thailand mobile app

Interesting I suppose, but it is much easier to get a handle on American's income than most other countries - thanks to tax and overseas reporting of American assets (be even easier as banks are forced to disclose too over the next year). I would suggest that there are plenty of kings and princes out their in the desert swapping oil for tax free cash that could upset this list quite easily. A lot of assets are also priceless (thinking of royal jewellery, art, stamp/coin/note collections, antiques, curios etc), what does this do to the list? or is it only liquid assets? (in which case it is also BS as most of these guys are on paper money assets - stock and shares and holdings). What about absolute rulers where they have the ability to print money? All very interesting, but pinch of salt is needed when reading.

Money beyond belief. Jaw dropping. We can learn a lot from those guys.

Sent from my GT-I9190 using Thaivisa Connect Thailand mobile app

Only back stabbing, bullying, using wealth (and thus power) to crush the opposition (whether legal or not), black mail, and get away with whatever -- that's the only way that sort of money is made. If it is inherited, then the only thing to learn is to make sure you get "better" parent next time!

Bullshit..

Gates' fortune is a drop in the bucket compared to the holdings of the douchebags who own the private banks which control the big central banks.

Agreed, also do they even bother to look at sovereign wealth funds

Evelyn Rothschild alone is worth $400 Billion; the Rothschild Family is worth a combined US$500 Trillion; but Forbes won't tell you that.

From a 2009 media report:

As for specific members of the modern family, Sir Evelyn De Rothschild the British financier has a net worth of $20 billion. Jacob Rothschild another British investment banker has a net worth of $50 billion. As a modern day an empire, the family's total net worth and assets combined have been pegged in the $300 – $400 billion range.