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Monday, October 5, 2009

Wealthiest Americans Rebounding

Forbes details the 400 richest Americans. Venture Beat details the "struggles":

Warren Buffett’s wealth took a dive this past year, losing $10 billion in value on his shares in Berkshire Hathaway. At least he’s not alone. More than three-quarters of Forbes’s annual list of the 400 richest Americans lost wealth in the past year.
But it hasn't been all one direction. Since the stimulus / subsidized financing induced market bounce in March (a point in time which is detailed in March's report on wealthiest individuals on the planet), we see a bounce across the board.

Phew... watching Warren struggle was tough to take.

Source: Forbes