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.

 


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

Google's Adsense Network Serving DoubleClick Display Ads

Since closing it's DoubleClick acquisition earlier this year things have been relatively quite on the DoubleClick front, but it now appears that Google has began serving display ads to it's Adsense ne

Jay-Z Says Las Vegas 40/40 Club is Doing Fine

Jay-Z dispel rumors that his 4-month-old 40/40 Club in Las Vegas is in trouble.

Is 50 Cent About to Sign $300M MySpace Deal?

Reports have surfaced that 50 Cent is in the midst of putting together a $300M deal with News Corp's MySpace.

Oprah's Harpo Inc. is Black Enterprise Magazine's Company of the Year

Black Enterprise magazine has named Oprah Winfrey’s Harpo Inc. its 2008 BE100s Company of the Year.

Google Targets Africa

The search giant is betting that it can become synonymous with the Internet in Africa.

Jay-Z Closes $150 Million Live Nation Deal

Jay-Z has officially closed his $150 million 360 deal with Live Nation Inc., sources report.

Magic Johnson's Canyon-Johnson Closes New $1 Billion Canyon-Johnson Urban Fund III

The Canyon-Johnson Urban Fund, a partnership of Canyon Capital Realty Advisors and Earvin “Magic” Johnson, today announced the closing of its $1 billion Canyon-Johnson Urban Fund III.


Urban Hustler Sponsors
Executive Profiles

Company Profiles

UrbanHustler.com - From The Street To The Boardroom.

© Errim Styles Network. All right reserved.