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Forbes 400 2018: A New Number One
Posted on 10/4/18 at 9:04 am
Posted on 10/4/18 at 9:04 am
quote:
Seemingly as inevitable as death and taxes, the rich once again have grown richer. For the first time since 1994, there is a new No. 1, as Amazon.com founder and CEO Jeff Bezos breaks Bill Gates’ 24-year run at the top. Bezos is also the first person to appear in the ranks with a fortune of more than $100 billion—he clocked in at $160 billion, thanks to an astonishing one-year gain of $78.5 billion. The minimum net worth to join this exclusive club hit an all-time high of $2.1 billion while the average net worth for a Forbes 400 member rose half a billion to a record $7.2 billion.
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Posted on 10/4/18 at 9:06 am to AA77
quote:
a fortune of more than $100 billion—he clocked in at $160 billion
If I had this, I would never even get to use it because my brain would explode from all the possibilities.
This post was edited on 10/4/18 at 9:07 am
Posted on 10/4/18 at 9:07 am to AA77
I wonder if Amazon’s $15 minimum wage announcement is related to this.
Posted on 10/4/18 at 9:08 am to JetsetNuggs
You could buy a newspaper to troll presidents.
Posted on 10/4/18 at 9:08 am to AA77
Posted on 10/4/18 at 9:09 am to AA77
quote:
thanks to an astonishing one-year gain of $78.5 billion
That's so fricking insane.
ETA - approximately $2,500 per second, $150,000 per minute, $9,000,000 per hour, & $215,000,000 per day for an entire year.
This post was edited on 10/4/18 at 9:19 am
Posted on 10/4/18 at 9:18 am to AA77
Bezos could give everyone in the US $480 and still be a billionaire
Posted on 10/4/18 at 9:20 am to AA77
I'd buy an entire state
Posted on 10/4/18 at 9:20 am to AA77
I know I could never become a billionaire because before I would ever get close my arse would be retired on a beach, mountain or hunting blind somewhere in the world.
Posted on 10/4/18 at 9:21 am to ItNeverRains
quote:
Bezos could give everyone in the US $480 and still be a billionaire
Or he can charge everyone in the US $119/yr for Prime and continue his march to $200B.
Posted on 10/4/18 at 9:22 am to AA77
quote:
Bezos is also the first person to appear in the ranks with a fortune of more than $100 billion—he clocked in at $160 billion
Keep in mind Gates has donated somewhere around $50 billion of his fortune IIRC
Posted on 10/4/18 at 9:25 am to slackster
I would just go hunting all over the world with all that frick you money 
Posted on 10/4/18 at 9:26 am to slackster
quote:
approximately $2,500 per second, $150,000 per minute, $9,000,000 per hour, & $215,000,000 per day for an entire year.
This is mind blowing to imagine.
Posted on 10/4/18 at 9:26 am to AA77
Bezos is so fricking rich
Posted on 10/4/18 at 9:30 am to AA77
quote:
24. Elon Musk 19.6 Billion
quote:
239. Vincent McMahon 3.3 Billion
quote:
259. Donald Trump 3.1 Billion
quote:
298. Gayle Benson 2.8 Billion
This post was edited on 10/4/18 at 9:33 am
Posted on 10/4/18 at 9:33 am to AA77
Posted on 10/4/18 at 9:38 am to stout
quote:
Keep in mind Gates has donated somewhere around $50 billion of his fortune IIRC
Yeah, I'm not sure if they quantify his giving by current market value or the value when it was gifted, but Gates has gifted roughly $36B to date according to Forbes.
At one point in 1996, Gates owned 24% of Microsoft. I don't believe they've diluted shares since then, but I could be wrong. If they haven't diluted the shares, his stake would be worth $205B today.
Posted on 10/4/18 at 9:42 am to stout
quote:
Keep in mind Gates has donated somewhere around $50 billion of his fortune IIRC
Gates' F-I-L was a de la Salle graduate, he donated a nice chunk to them..
This post was edited on 10/4/18 at 9:44 am
Posted on 10/4/18 at 9:43 am to slackster
quote:
ETA - approximately $2,500 per second, $150,000 per minute, $9,000,000 per hour, & $215,000,000 per day for an entire year.
Insanity
Posted on 10/4/18 at 10:03 am to stout
Bezos only recently announced that he was going to start getting engaged in philanthropy, by giving $2 billion to fight homelessness over the next few years.
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