Tuesday, September 17, 2013

Forbe's Analysis on 2013 America's Richest

Inside The 2013 Forbes 400 

Facts And Figures On America's Richest
by Luisa Kroll, Forbes Staff
Sept 16,2013
Bill Gates is the richest American for the 20th year in a row and has reclaimed the title of world’s richest person from Mexico’s Carlos Slim with a net worth of $72 billion.Warren Buffett, again number two, was the year’s biggest dollar gainer, having added $12.5 billion to his fortune.

Facebook’s hot stock pumped up Mark Zuckerberg’s fortune by $9.6 billion and put him back into the top 20 after missing the top cut last year; Carl Icahn lost his battle to stop Dell DELL +0.04%from going private but he had a great year and moves back in the top 20 for the first time since 2008. 

The biggest percentage gainer was Workday’s David Duffield, whose fortune more than tripled to $6.4 billion, and just behind him in terms of percentage jumps was the entrepreneur Elon Musk, now worth $6.7 billion and ranked 61st.


   


Five years after the financial crisis sent the fortunes of many in the U.S. and around the world tumbling, the wealthiest as a group have finally gained back all that they lost. The 400 wealthiest Americans are worth just over $2 trillion, roughly equivalent to the GDP of Russia. That is a gain of $300 billion from a year ago, and more than double a decade ago.

The average net worth of list members is a staggering $5 billion, $800 million more than a year ago and also a record. The minimum net worth needed to make the 400 list was $1.3 billion. The last time it was that high was in 2007 and 2008, before property and stock market values began sliding. Because the bar is so high, 61 American billionaires didn’t make the cut.