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TUESDAY, NOVEMBER 24, 2009
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NEWS ABOUT: Forbes 400

Forbes 400 stories: 6 news summaries

Ponzi Loot Puts Madoff Client Among Richest Americans

Picower made $7.2B, lands on Forbes list

(Newser) - Jeffry Picower is a secretive guy, which must have made his turn in the spotlight this week all the more uncomfortable. The former lawyer, who was already being sued for $5.1 billion in alleged profits from Bernie Madoff’s Ponzi scheme, cracked Forbes’ list of the 400 wealthiest Americans... More »

'Billionaire Bloodbath' Costs America's Super-Rich $300B

Mere multi-millionaires make it into Forbes 400 as slowdown shrinks fortunes

(Newser) - America's 400 richest people became a whole lot poorer over the last 12 months, according to the latest Forbes list. Their total wealth fell by a whopping $300 billion to a total $1.27 trillion, with 314 of the 400 experiencing a fall in fortunes. A Forbes editor described the... More »

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Market Meltdown Reshapes Forbes Rich List

Buffett bumps Gates
in redrawn rankings
of world's wealthiest

(Newser) - The mortgage meltdown has certainly hit middle-class Americans hard but hasn't spared the uber-wealthy, Bloomberg reports. Las Vegas Sands CEO Sheldon Adelson’s net worth shed $4 billion between Aug. 29 and Oct. 1, for instance, while Warren Buffett overtook Bill Gates, whose net worth declined $1.5 billion, as... More »

Billionaire Dies After Fall at Building Site

Ken Hendricks, 66, built ABC Supply Co. into home-supply chain

(Newser) - Billionaire Ken Hendricks, 66, died today of head injuries after falling through a hole in his unfinished garage roof, the Milwaukee Journal-Sentinel reports. Hendricks—a high-school dropout who turned ABC Supply Co. into a national building-supply chain—apparently fell through a tarp covering an unfinished portion of an addition to... More »

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It's Forbes 400 Time Again

You now need $1.3B
to make list of
richest Americans

(Newser) - In the 25th year of Forbes magazine's rankings of the 400 riches Americans, the net worth at the poor end of the list is $1.3 billion, up from a flat $1 billion a year ago. Microsoft founder Bill Gates still tops the list with $59 billion, closely followed by... More »

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Bill Gates Kirk Kerkorian Forbes 400 Warren Buffett list

Billionaire's
Club Welcomes New Members

The Forbes rich list is bigger—and even wealthier—than ever

(Newser) - The rich are getting richer, younger, and more geographically diverse, Forbes reports, with the number of billionaires up a whopping 19 percent, and their total worth up 35 percent to $3.5 trillion. Not only have billionaires been galloping away from the pack, they've been doing it earlier, bringing the... More »

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6 Stories