The Forbes Rich List

Gabriel Popa

Written by Gabriel Popa on September 23rd 2010
Posted in: U.S. News
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Forbes Magazine

Steve Jobs (42nd) and Rupert Murdoch (38th) were passed by Mark Zuckerberg in the competition of the richest man. The Forbes magazine named Mark the 35th richest person in the United States of America.

Mark Zuckerberg is the co–founder of Facebook and based on his shareholding in the social networking that has over 500 members worldwide, the 26 years old young man is estimated to be worth $6.9 billion. He is also on the list of the largest relative increase on this year, according to Forbes US. He raised his fortune recently making some investment in his company outside businesses in return for share.

In the top of the 400 richest people that are in the list of Forbes, as it has been for years is Bill Gates. He is the co-founder of Microsoft and he is the richest man of the United States of America. He’s shares to the company are valued at $54 billion up by $4 billion from last year.

Dustin Moskovitz is one of the co-founders of Facebook; he is born with just eight days after Zuckerberg, being the youngest of the list. Dustin worth $14 billion. There are just eight members of the US list and Zuckerberg is one of them. Sergey Brin and Larry Page are also on the under 40 list; they are the co-founders of Google and both worth $15 billion and they are 37 years old, making them equal on 11th on the list.

The list is dominated by the technology companies in creating value in the US. Out of the top 50, 13 are in technology companies. After Gates, the third most valuable is Larry Ellison, chief executive of the database company Oracle ($27 billion); other technology companies including Microsoft, Amazon (Jeff Bezos, 18th with $12.6 billion), Apple (Jobs is valued at $6.1 billion from his shares in Apple and Disney Pixar), SAS Institute (which makes business analytics software), Google (Eric Schmidt, the chief executive, is 48th at $5.45 billion), eBay (co-founder Pierre Omidyar is 47th with $5.5 billion). Murdoch, the News Corp chairman and chief executive, is valued at $6.2 billion.

All the 400 rich people have a total fortune of $1.37 trillion, an increase of nearly 8%, compared with $1.27 trillion last year. Last year with 950 millions you can get into the 400 top, but this year the entry price it raised to $1 billion. The stock markets rose to 1%.

From the Forbes list only 84 companies have seen decreases in their calculated wealth. Most benefited from growth in their companies: after a dismal in 2009, when 314 out of the 400 saw a fall in their wealth in the wake of the 2008 collapse of Lehman Brothers and the banking crisis, the top 10 this year gained $24.9 billion in value (after dropping $40 billion in value last year), and 217 of the list are now worth more than a year ago.11


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2013-05-24 06:53:51