ALL ACHIEVEMENT, ALL EARNED RICHES, HAVE THEIR BEGINNING IN AN IDEA!

 


Oprah Still America's Richest Black

One billion dollars is no longer enough to land you on the Forbes 400. The price of admission to this, the 25th anniversary edition of the Forbes 400, is $1.3 billion, up $300 million from last year.

The collective net worth of the America's richest rose $290 billion to $1.54 trillion. The only black American on the list this year is queen Oprah. Oprah Winfrey, 53, is ranked as the 165th richest person in America with a net worth of $2.5 billion.

Robert Johnson, who became America's first black billionaire in 2001, climbed back into this years billionaire rank with a net worth of $1.1 billion but did not make the Forbes 400 list, with it's $1.3 billion cut off.

Microsoft founder Bill Gates with a net wealth of $59 billion continued to be the wealthiest American for the 14th straight year, closely followed by investor Warren Buffett with a net wealth of $52 billion. The pair's fortunes each grew by $6 billion in the past year, Forbes said.

Las Vegas Sands owner, Sheldon Adelson, 74, with a worth of $28 billion and Chief Executive of Oracle Corp, Larry Ellison with a fortune of $26 billion remain at third and fourth position.

Google co-founders Sergey Brin and Larry Page, came in at fifth position with fortunes of $18.5 billion each. They are also jointly the second-youngest billionaires on the list.

The youngest billionaire on the list is John Arnold, 32, who runs hedge fund Centaurus Energy. His net worth is listed at $1.5 billion and is ranks the 317th richest American.

 


If you like this article then please consider subscribing to our full feed RSS. You can also subscribe by Email and have new posts sent directly to your inbox. You can also subscribe by adding our feed to one of the following services by clicking on the appropriate buttons.


 digg.comgoogle.comYahooMyWeblive.comdel.icio.usask.comRedditstumbleupon.comTechnorati

Recent Articles

Robert Johnson's Charter Financial Reports Fiscal Third Quarter Earnings

Net income of $1.7 million - Core capital of CharterBank twice required level - Net charge-offs of $114,000 - $600,000 provision for loan losses - Sold one million Freddie Mac shares after quarter end

Robert L. Johnson Joins KB Home Board of Directors

Robert L. Johnson was unanimously elected to the KB Home board of directors.

Mitchell & Titus LLP Names Anthony Kendall Next CEO

Mitchell & Titus LLP, the largest minority-controlled accounting firm in the United States, has selected Anthony S. Kendall as CEO effective January 1, 2009.

Sean 'Diddy' Combs Receives the Reginald F. Lewis Award

Entrepreneur Sean "Diddy" Combs, has been awarded with the inaugural Reginald F. Lewis Award.

Quintin Primo's Capri Capital Partners, LLC Announces $2-Billion Commercial Real Estate Development Deal in Saudi Arabia

Chicago-based Real Estate Investment Firm Becomes First Third-Party Developer to Partner with Emaar.

There Are 10 Million Millionaires In The World

The number of people in the world with at least $1 million in assets passed 10 million for the first time last year.

Most Powerful Black Celebrities 2008

Power couple Jay-Z & Beyonce Knowles hit the top ten on the annual Celebrity 100 list.


Urban Hustler Sponsors
Wireless from AT&T
Loading...

UrbanHustler.com - From The Street To The Boardroom.

© Errim Styles Network. All right reserved.