113 US Billionaires are too poor for inclusion in The Forbes 400

10 October 2014
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10 October 2014, Comments 0

That’s right! 113 US billionaires are too poor to be included in The Forbes 400. The minimum billionaire had to have at least $1.55 billion to make the cut. Forbes also goes on to say that the rich do seem to be getting richer. They give credit to this increase in wealth to the booming stock market and the irrepressible energies of a new generation of entrepreneurs. In fact, the 400 wealthiest Americans are now worth $2.3 trillion, which is up 13% from a year ago. This annual report said that the class of 2014 has an average net worth of $5.7 billion. So who makes up the top 10? 

1. Bill Gates

2. Warren Buffett

3. Larry Ellison

4. Charles Koch

5. David Koch

6. Christy Walton

7. Jim Walton

8. Michael Bloomberg

9. Alice Walton

10. S. Robson Walton

Yes, Mark Zuckerberg is number 11, with just .8 Billion lower wealth than the #10 spot. 

It is amazing to see how many of the top 100 made their money from hedge funds and investments. For example, Forbes says that Ken Griffin started trading in his Harvard dorm room in the 1980’s, using $265,000 – partly from his family. He is currently worth $5.5 billion. 

 

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