Forbes 400 news stories on Newser

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

Dustin Lushing — Sat, 15 Oct 2011 07:48:57 CDT

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, Mayor...

Zuckerberg Now Richer Than Steve Jobs

Rob Quinn — Thu, 23 Sep 2010 07:00:00 CDT

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...

Ponzi Loot Puts Madoff Client Among Richest Americans

Kevin Spak — Fri, 02 Oct 2009 11:31:25 CDT

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...

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

Rob Quinn — Thu, 01 Oct 2009 03:24:02 CDT

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...

Market Meltdown Reshapes Forbes Rich List

Clay Dillow — Fri, 10 Oct 2008 12:15:01 CDT

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 the...

Billionaire Dies After Fall at Building Site

Matt Cantor — Fri, 21 Dec 2007 18:58:21 CST

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...

It's Forbes 400 Time Again

Katherine Thompson — Fri, 21 Sep 2007 07:15:08 CDT

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...

Billionaire's Club Welcomes New Members

Sarah Seltzer — Fri, 09 Mar 2007 10:27:02 CST

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...