Forbes 400

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For First Time in 24 Years, a New No. 1 on Forbes 400

Jeff Bezos unseats Bill Gates

(Newser) - Jeff Bezos recently became the richest person in modern history , and on Wednesday came another milestone for the Amazon founder: For the first time since 1994, Bill Gates has been unseated at the top of the Forbes 400. Bezos is the first new No. 1 in 24 years, with a... More »

America's Richest Got $800M Richer Last Year

And more facts and figures from the Forbes 400 list that will make you sad

(Newser) - Forbes has dropped its annual Forbes 400 list, full of names and numbers to make you feel even worse about the state of your bank balance. Some highlights:
  • With a net worth of $72 billion, Bill Gates is once again the richest person in America, now holding the top spot
... More »

Net Worth of 400 Richest Americans Jumped 13%

And those 400 now make up 1/8 of the US economy

(Newser) - It was a good year for America's 400 richest people, who saw their net worth jump 13% to $1.7 trillion, according to Forbes' latest " Forbes 400 " list. For a little context, Reuters notes that that means their combined net worth represents roughly one-eighth of the entire... More »

8 (Out of 400) Billionaires Say Yes to Higher Taxes

Most just ignored the question from Salon

(Newser) - Salon sent queries to every single billionaire on the Forbes 400 asking whether they would be willing to pay more taxes. The results: Eight said yes (including Buffett), one said no (Charles Koch), and a few offered qualified answers somewhere in between. The other 390 or so—including Oprah,... More »

Zuckerberg Now Richer Than Steve Jobs

Facebook founder leapfrogs Apple chief on list of billionaires

(Newser) - Bill Gates is still the richest man in America but Mark Zuckerburg is moving up in the rankings, according to the latest Forbes rich list. The 26-year-old Facebook founder, with an estimated fortune of $6.9 billion, is now in 35th place, surging ahead of Apple's Steve Jobs, who came... More »

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 »

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 »

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 »

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 »

11 Stories