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It is apparently as certain as death and taxes: the richest people in America continue to enrich themselves. The average net worth of The Forbes 400 has once again increased to $ 7.2 billion this year. This is up from $ 6.7 billion last year and for the ninth year in a row, when the average member's fortune has increased.
The combined total net worth for those of The Forbes 400 reached a record $ 2,900 billion, up 7% from 2017. That's more than the total GDP of the United Kingdom. Jeff Bezos, with a fortune of 160 billion dollars, controls alone about 5% of this sum.
The founder and CEO of Amazon, Jeff Bezos, is by far the richest person in the world. Bill Gates was ranked No. 1 on the list of the richest Americans after a remarkable 24-year period. Bezos is also the first person to rank in the ranks with a net worth of more than $ 100 billion – he has gone over the mark, and more, with a fortune estimated at $ 160 billion.
Bezos saw its net worth rise by a record $ 78.5 billion last year, thanks to a 104% rise in the price of Amazon shares. Goliath E-commerce recorded net sales of more than $ 100 billion in the first six months of 2018, an increase of 41% over the previous year. Bezos has earned more in a year than the wealth that 397 members of The Forbes 400 have accumulated throughout their lives, with just Bill Gates ($ 97 billion net worth) and Warren Buffett (net worth: 88.3 billions of dollars) worth more.
Three dozen billionaires appearing on The Forbes 400 donated $ 1 billion or more in their lifetime. Michael Bloomberg, three times Mayor of New York, gave $ 6 billion. The foundation has spent $ 200 million to support mayors and cities in the United States, more than $ 100 million to reduce the use of coal in the world and millions of others for global health . and education; casino magnate Sheldon Adelson, who donated more than $ 1.1 billion, largely to Jewish organizations such as Birthright, which sponsors paid trips to Israel for young Jewish adults; and Steve Ballmer, who has developed his philanthropy since retiring as CEO of Microsoft in 2014, wrote checks to his wife and his wife (Harvard and University of Oregon, respectively) and paid $ 1.9 billion. dollars to a fund advised by donors at Goldman Sachs.
The three most generous people in America donated $ 30 billion or more in their lifetime. Microsoft founder Bill Gates has invested $ 35.8 billion in his Bill & Melinda Gates Foundation, which focuses on solving the world's biggest problems. The venerable investor Warren Buffett has done almost as much, his entire life is $ 35.1 billion, much of which went to the founding of his friends Bill and Melinda Gates. George Soros, the veteran hedge fund, has just sold $ 32 billion. Its Open Society Foundation foundations support various liberal organizations such as Planned Parenthood, Amnesty International and the Civil Liberties Union for Europe.
When Forbes released his inaugural list of the 400 wealthiest Americans (a nod to Caroline Astor's legendary ballroom, which could only seat 400 people) in 1982, it was Daniel Keith Ludwig who was identified as the richest person in the country. Ludwig had made a fortune by building tankers for the United States during the Second World War and was considered the father of the supertanker.
Over the years, Gordon Getty (son of a wealthy oilman), Sam Walton (founder of Walmart), John Kluge (television magnate) and Warren Buffett (extraordinary investor). Then came the reign of several decades of Bill Gates, who ranked No. 1 for 24 consecutive years.
There is a record number of American billionaires who were not rich enough to join the ranks of the richest Americans this year. For the first time, a third of the country's billionaires (today 604) have a fortune south of the $ 2.1 billion needed to be on the list.
In the 37 years since Forbes began publishing a list of the 400 richest Americans, 1,597 people have been in its ranks. Although many members remain in the same year, there is still a lot to come. This year, 15 billionaires were on the list for the very first time, including cryptocurrency billionaire Chris Larsen and In-N-Out owner Lynsi Snyder, while 12 came back after missed at least a year.
Seventeen others were expelled from the ranks, including Baron Bill Gross (with a divorce to blame) and Subway co-founder Peter Buck (a sandwich that sank his fortune). In addition, ten former Forbes 400 members have passed away over the past year, including Amway co-founder Richard DeVos and New Orleans Saints owner Tom Benson.
Women are only a small fraction of the list, with only 57 women rich enough to enter the ranks of the richest Americans. Most of them have inherited family businesses, with only 11 women building their fortunes from scratch and five other actively growing businesses they have inherited. Four of America's five richest women have inherited stakes in family-owned businesses such as Walmart (Alice Walton), Mars (Jacqueline Mars), Cox (Blair Parry-Okeden) and Apple (Laurene Powell Jobs). Abigail Johnson also inherited part of the family business, but is the only one in the group to play an active role in her growth, currently serving as CEO and President of mutual fund giant Fidelity Investments.
The country's five wealthiest independent entrepreneurs are also the country's five richest people, including Jeff Bezos, who launched Amazon as an online bookseller in his garage, and Mark Zuckerberg, who left Harvard to build his online store. social media Facebook. Of the five richest people on our list, some or all of them, inherited a family business, including Charles and David Koch, who turned their father's small-scale business in Kansas into a conglomerate. sprawling generating $ 100 billion in revenue. The heirs of Walmart's fortune are also at the top of our list. Only S. Robson Walton is credited with playing an active role in society.
Design: Andres Jauregui, Nick DeSantis. Pictures: Forbes, Getty Images, Brigitte Lacombe, Fidelity.
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It is apparently as certain as death and taxes: the richest people in America continue to enrich themselves. The average net worth of The Forbes 400 has once again increased to $ 7.2 billion this year. This is up from $ 6.7 billion last year and for the ninth year in a row, when the average member's fortune has increased.
The combined total net worth for those of The Forbes 400 reached a record $ 2,900 billion, up 7% from 2017. That's more than the total GDP of the United Kingdom. Jeff Bezos, with a fortune of 160 billion dollars, controls alone about 5% of this sum.
The founder and CEO of Amazon, Jeff Bezos, is by far the richest person in the world. Bill Gates was ranked No. 1 on the list of the richest Americans after a remarkable 24-year period. Bezos is also the first person to rank in the ranks with a net worth of more than $ 100 billion – he has gone over the mark, and more, with a fortune estimated at $ 160 billion.
Bezos saw its net worth rise by a record $ 78.5 billion last year, thanks to a 104% rise in the price of Amazon shares. Goliath E-commerce recorded net sales of more than $ 100 billion in the first six months of 2018, an increase of 41% over the previous year. Bezos has earned more in a year than the wealth that 397 members of The Forbes 400 have accumulated throughout their lives, with just Bill Gates ($ 97 billion net worth) and Warren Buffett (net worth: 88.3 billions of dollars) worth more.
Three dozen billionaires appearing on The Forbes 400 donated $ 1 billion or more in their lifetime. Michael Bloomberg, three times Mayor of New York, gave $ 6 billion. The foundation has spent $ 200 million to support mayors and cities in the United States, more than $ 100 million to reduce the use of coal in the world and millions of others for global health . and education; casino magnate Sheldon Adelson, who donated more than $ 1.1 billion, largely to Jewish organizations such as Birthright, which sponsors paid trips to Israel for young Jewish adults; and Steve Ballmer, who has developed his philanthropy since retiring as CEO of Microsoft in 2014, wrote checks to his wife and his wife (Harvard and University of Oregon, respectively) and paid $ 1.9 billion. dollars to a fund advised by donors at Goldman Sachs.
The three most generous people in America donated $ 30 billion or more in their lifetime. Microsoft founder Bill Gates has invested $ 35.8 billion in his Bill & Melinda Gates Foundation, which focuses on solving the world's biggest problems. The venerable investor Warren Buffett has done almost as much, his entire life is $ 35.1 billion, much of which went to the founding of his friends Bill and Melinda Gates. George Soros, the veteran hedge fund, has just sold $ 32 billion. Its Open Society Foundation foundations support various liberal organizations such as Planned Parenthood, Amnesty International and the Civil Liberties Union for Europe.
When Forbes released his inaugural list of the 400 wealthiest Americans (a nod to Caroline Astor's legendary ballroom, which could only seat 400 people) in 1982, it was Daniel Keith Ludwig who was identified as the richest person in the country. Ludwig had made a fortune by building tankers for the United States during the Second World War and was considered the father of the supertanker.
Over the years, Gordon Getty (son of a wealthy oilman), Sam Walton (founder of Walmart), John Kluge (television magnate) and Warren Buffett (extraordinary investor). Then came the reign of several decades of Bill Gates, who ranked No. 1 for 24 consecutive years.
There is a record number of American billionaires who were not rich enough to join the ranks of the richest Americans this year. For the first time, a third of the country's billionaires (today 604) have a fortune south of the $ 2.1 billion needed to be on the list.
In the 37 years since Forbes began publishing a list of the 400 richest Americans, 1,597 people have been in its ranks. Although many members remain in the same year, there is still a lot to come. This year, 15 billionaires were on the list for the very first time, including cryptocurrency billionaire Chris Larsen and In-N-Out owner Lynsi Snyder, while 12 came back after missed at least a year.
Seventeen others were expelled from the ranks, including Baron Bill Gross (with a divorce to blame) and Subway co-founder Peter Buck (a sandwich that sank his fortune). In addition, ten former Forbes 400 members died during the year, including Amway co-founder Richard DeVos and New Orleans Saints owner Tom Benson.
Women are only a small fraction of the list, with only 57 women rich enough to enter the ranks of the richest Americans. Most of them have inherited family businesses, with only 11 women building their fortunes from scratch and five other actively growing businesses they have inherited. Four of America's five richest women have inherited stakes in family-owned businesses such as Walmart (Alice Walton), Mars (Jacqueline Mars), Cox (Blair Parry-Okeden) and Apple (Laurene Powell Jobs). Abigail Johnson also inherited part of the family business, but is the only one in the group to play an active role in her growth, currently serving as CEO and President of mutual fund giant Fidelity Investments.
The country's five wealthiest independent entrepreneurs are also the country's five richest people, including Jeff Bezos, who launched Amazon as an online bookseller in his garage, and Mark Zuckerberg, who left Harvard to build his online store. social media Facebook. Of the five richest people on our list, some or all of them, inherited a family business, including Charles and David Koch, who turned their father's small-scale business in Kansas into a conglomerate. sprawling generating $ 100 billion in revenue. The heirs of Walmart's fortune are also at the top of our list. Only S. Robson Walton is credited with playing an active role in society.
Design: Andres Jauregui, Nick DeSantis. Pictures: Forbes, Getty Images, Brigitte Lacombe, Fidelity.
