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 "So Sheldon, what's your new salary?" "Oh... |
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Major General
Posts: 13,482
Join Date: Jun 2002
Location: University Park, PA
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"So Sheldon, what's your new salary?" "Oh... -
09-22-2006, 11:42 AM
[quote:94078]Billionaires Only on Forbes' 2006 400 Richest Americans List
NEW YORK — For the first time, Forbes magazine's list of the 400 richest Americans consists exclusively of people worth $1 billion or more. As a group, the people who made the rankings released Thursday are worth a record $1.25 trillion, compared with $1.13 trillion last year.
In the billionaire-athon, casino magnate Sheldon Adelson pole-vaulted to No. 3 from 15 in last year's ranking, finishing behind the mainstays at Nos. 1 and 2: Microsoft Corp. founder Bill Gates and Warren Buffett of Berkshire Hathaway Inc.
Adelson is now estimated to have $20.5 billion, Buffett $46 billion and Gates $53 billion. Gates has held the No. 1 spot for the last 13 years while Buffett has been No. 2 every year since 1994 except 2000, when Larry Ellison of Oracle Corp. held that spot.
Adelson's expanding net worth is related in no small part to his decision to open a casino two years ago on the island of Macau, an emerging gambling haven off the southeastern coast of China. Profits are growing rapidly thanks to the Las Vegas Sands Corp.'s Macau casino. Adelson personally and through family trusts controls 70 percent of the company, Las Vegas Sands spokesman Ron Reese said.
(Story continues below)
Forbes estimates Adelson earned about $1 million an hour over the past two years. In the second quarter alone, the Sands Macau property saw net revenue jump to $310.4 million, up from $205.1 million a year ago. To tap the demand from gamblers in Asia going forward, the Sands Corp. plans a second property on Macau and a casino in Singapore.
The two Google Inc. founders were also big earners. Sergey Brin and Larry Page gained about $13 million a day over the last two years, according to Forbes. That puts them in 12th and 13th place, up from a tie at 16th place last year.
Page and Brin also share the distinction of being, at 33 years old, the two youngest people on the list and two of only eight who are younger than 40.
The list was led off by technologists, such as Gates, Microsoft co-founder Paul Allen, Dell Inc.'s Michael Dell and Ellison, and rounded out by five members of the Walton clan who have fortunes amassed from sales by the world's largest retailer.
Ellison, with $19.5 billion, moved to fourth place from fifth, while Allen, last year's No. 3, was fifth this year with $16 billion. Dell fell to a tie at ninth place from fourth in last year's list; he is worth $15.5 billion
Adelson's ascension knocks Helen Walton, the wife of Wal-Mart Stores Inc. founder Sam Walton, into 11th place with a net worth of $15.3 billion. Her children, Jim, S. Robson and Alice, and Christy Walton, the widow of her son John, ranked in the bottom half of the top 10 this year. Each was worth between $15.5 billion and $15.7 billion, Forbes reported.
Martha Stewart, founder of the eponymous Martha Stewart Living Omnimedia Inc., fell off the list completely, as she lost $395 million over the past year.
The biggest number of people on the list live in California, which houses 90 of the 400, and another 44 live in New York City.
[/quote:94078]
fucking A! Could you imagine making $1,000,000/hour while pretty much doing nothing? Holy fuck.
How about them google guys. Damn it, I wish I was a lot smarter and could make something like Google.
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Colonel
Posts: 8,441
Join Date: Dec 2003
Location: Goatse
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09-22-2006, 11:49 AM
I cant believe there are over 400 billionaires in the US alone, and I'm not distantly related to ONE of em annoy:
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 Re: "So Sheldon, what's your new salary?" "O |
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Colonel
Posts: 8,441
Join Date: Dec 2003
Location: Goatse
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Re: "So Sheldon, what's your new salary?" "O -
09-22-2006, 11:52 AM
Quote:
Originally Posted by Coleman
[quote:adf42]
Forbes estimates Adelson earned about $1 million an hour over the past two years.
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[/quote:adf42]
Anybody remember that guy in an episode of Ren and Stimpy who said "I make 50,000$ a second"?
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Chief of Staff General
Posts: 20,691
Join Date: Apr 2002
Location: Brampton Ontario Canada
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09-22-2006, 01:23 PM
need to donate to the poor bramtonian fund.
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Colonel
Posts: 8,177
Join Date: Dec 2002
Location: Ontario, New York
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09-22-2006, 01:25 PM
Americans love billionaires
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Major
Posts: 6,938
Join Date: Nov 2002
Location: Behind You...
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09-22-2006, 07:19 PM
wtf seriously? 1 million an hour?
hake: hake: hake: hake: hake: hake: hake: hake:
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1st Lieutenant
Posts: 4,235
Join Date: Dec 2002
Location: Austell, Ga
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09-22-2006, 07:24 PM
Quote:
Originally Posted by CoMaToSe
I cant believe there are over 400 billionaires in the US alone, and I'm not distantly related to ONE of em annoy:
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your white, im sure you'll inherit some money somehow..
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Senior Member
Posts: 5,825
Join Date: Nov 2004
Location: Banned
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09-22-2006, 08:16 PM
My uncle's a big time lawyer, he lives in a fucking mansion off the great lakes.
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1st Lieutenant
Posts: 4,235
Join Date: Dec 2002
Location: Austell, Ga
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09-22-2006, 08:18 PM
you live under a bridge...baby dick gruff.. so whats your point?
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General of the Army
Posts: 18,844
Join Date: Nov 2002
Location: AA.com North Building, Offtopic Floor, Apartment 1337
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09-22-2006, 09:20 PM
Quote:
Originally Posted by gtboys34
you live under a bridge...baby dick gruff.. so whats your point?
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stfu die
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Colonel
Posts: 8,441
Join Date: Dec 2003
Location: Goatse
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09-22-2006, 09:32 PM
Quote:
Originally Posted by gtboys34
Quote:
Originally Posted by CoMaToSe
I cant believe there are over 400 billionaires in the US alone, and I'm not distantly related to ONE of em annoy:
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your white, im sure you'll inherit some money somehow..
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negz. Im only part white, and that part is Irish, so I lost all my 'automatic entitlement to big money' rights. Im gonna go sit in a corner and cry about not being invited to the 'Kill all the Blacks' meetings
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Senior Member
Posts: 5,825
Join Date: Nov 2004
Location: Banned
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09-22-2006, 09:35 PM
Quote:
Originally Posted by CoMaToSe
Quote:
Originally Posted by gtboys34
Quote:
Originally Posted by CoMaToSe
I cant believe there are over 400 billionaires in the US alone, and I'm not distantly related to ONE of em annoy:
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your white, im sure you'll inherit some money somehow..
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negz. Im only part white, and that part is Irish, so I lost all my 'automatic entitlement to big money' rights. Im gonna go sit in a corner and cry about not being invited to the 'Kill all the Blacks' meetings
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What the fucks the other half.
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Senior Member
Posts: 5,825
Join Date: Nov 2004
Location: Banned
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09-22-2006, 09:45 PM
No, seriously, answer, I wanna know.
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Colonel
Posts: 8,441
Join Date: Dec 2003
Location: Goatse
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09-22-2006, 09:49 PM
cherokee
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Senior Member
Posts: 5,825
Join Date: Nov 2004
Location: Banned
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09-22-2006, 09:50 PM
Rofl, and I remember you had a StromFront signature for about two weeks, jesus.
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