Bloomberg (had to quote something from Bloomberg... congrats Mayor, you were the only top 25 representative to have increased your wealth!) reports:
Microsoft Corp. Chairman Bill Gates regained the title of world’s richest person on Forbes magazine’s annual ranking of billionaires worldwide, as the global recession slashed the size of the list by 30 percent.
The number of billionaires fell to 793 from 1,125 last year. It was the first time since 2003 that the number of people on the list decreased, and the biggest drop since the magazine began the ranking 23 years ago.
The total net worth of the list fell to $2.4 trillion from $4.4 trillion last year, with the average billionaire worth $3 billion, down from $3.9 billion. The three wealthiest -- Gates, Berkshire Hathaway Inc. Chairman Warren Buffett and Mexican telecommunications magnate Carlos Slim Helu -- lost a combined $68 billion in the past year.
Source: Forbes
Michael Bloomberg and the Walton family rulez
ReplyDeleteBloomberg made his money by selling the clearting machines to all the brokerage companies.
ReplyDeleteOF COURSE he is going to make more money when trading takes place because of the collaspe.
the question is..
should a guy so directly invovled in all the bad trading of all the brokerage firms have a financial network reporting on those firms?
www.bloomberg.com retards - his money comes from the Bloomberg terminal: it's software.
ReplyDeleteWell, thats just too freaking bad.
ReplyDeleteLet's see them live from paycheck to paycheck, robbing Peter to pay Paul.
I hope they all starve to death wearing their Armani suits and clutching their Gucci hand bags.
Hmmm, all good things good come to an end.
ReplyDeleteBuffet and Gates are more concerned about people in other countries than the ones that made them rich. Screw them. I hope they all starve to death.
ReplyDelete