Saturday, September 22, 2012

Top 10 Billionaires in the United States

The list of the 400 richest people in the United States was released by Forbes magazine recently. The top 10 have a number of familiar names, led by Microsoft founder Bill Gates at #1 and Nebraska-based investor Warren Buffet at #2. At #3 was Larry Ellison who made waves with the news that he was buying the Hawaiian island of Lanai in its entirety. The infamous Koch brothers, who are attempting to buy their preferred election result thanks to loopholes in campaign finance laws are tied for 4th, followed by 4 members of the Walton family (whose patriarch founded the Walmart company) and at #10 is the 3-term mayor of
New York City, Mike Bloomberg.

Forbes magazine notes that things are going very well for most of the super-ricj=h, with their wealth increasing at an astonishing rate:

Gates alone was worth $7 billion more than he was last year. Berkshire Hathaway head and renown investor Warren Buffett again ranked No. 2 on the list, with his net worth climbing by the same amount to $46 billion. 
Larry Ellison, head of software maker Oracle, remained in the No. 3 spot, but posted the biggest gain in wealth on the list, with his net worth rising by $8 billion to $41 billion. 
Two-thirds of the list’s members saw their wealth grow over the past year to an average $4.2 billion, Forbes said.

It's too bad that we have a communist president or else these revered job creators would not be suffering so much! (Yes, this is sarcasm!)

Hat/tip to Joe.My.God

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