Forbes Richest and Warren Buffet

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Brad
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Forbes Richest and Warren Buffet

Post by Brad »

Midas of Mexico surpasses Oracle of Omaha

http://www.omaha.com/index.php?u_page=1 ... id=2365677
WASHINGTON - A popular saying in Mexico goes like this: You can't get out of bed in the morning without putting money into Carlos Slim's pocket.

Carlos Slim Helz, 67, is kingpin of the Mexican telecommunications industry and might be the richest man most Americans have never heard of.

In Forbes magazine's annual ranking of the world's richest people, released last month, Slim was third. But since then, Slim has added another $4.1 billion to his fortune, passing Berkshire Hathaway Inc. Chairman Warren Buffett of Omaha, according to Forbes' Web site.
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Coyote
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Post by Coyote »

Forbes Magazine's Ranking of the 400 Richest Americans

Not the world's richest list but the nations richest include:

2. Warren Buffett, 77, $52 billion, Omaha, Neb., Berkshire Hathaway
161. J. Joseph Ricketts and family, 66, $2.6 billion, Omaha, Neb., TD Ameritrade
286. Walter Scott Jr., 76, $1.7 billion, Omaha, Neb., construction, telecom
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Coyote
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Post by Coyote »

Buffett world's richest man, Slim second: Forbes
Yahoo News wrote:Warren Buffett, the famed U.S. investor who heads Berkshire Hathaway Inc, replaced his friend and Microsoft Corp founder Bill Gates as the richest man in the world, Forbes magazine said on Wednesday. The magazine estimated Buffett's worth at $62 billion in its annual ranking of the world's wealthiest people. Mexican telecoms tycoon Carlos Slim came in second with an estimated worth of $60 billion, pushing Gates to third place after 13 years of holding the No. 1 spot. The magazine estimated Gates' worth at $58 billion.

"Even though he is giving away a piece of his fortune each year, the stock of Berkshire Hathaway, the source of Warren Buffet's wealth, has been rising very rapidly," Chief Executive of Forbes Magazines Steve Forbes said, noting Buffett's fortune climbed $10 billion in the last calendar year.
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Brad
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Post by Brad »

Gates no longer world's richest man

http://articles.moneycentral.msn.com/In ... ?GT1=33002
For the third time in three years, the world has a new richest man.

Riding surging prices of his telecom holdings, including giant mobile outfit América Móvil (AMX, news, msgs), Mexican tycoon Carlos Slim Helú has beaten out Americans Bill Gates and Warren Buffett to become the wealthiest person on the planet and nab the top spot on the 2010 Forbes list of the world's billionaires.
The Oracle of Omaha shrewdly invested $5 billion in Goldman Sachs (GS, news, msgs) and $3 billion in General Electric (GE, news, msgs) during the 2008 market collapse. His company also recently acquired railroad giant Burlington Northern Santa Fe for $26 billion.

Last month, in his annual shareholder letter, Buffett wrote: "We've put a lot of money to work during the chaos of the last two years. When it's raining gold, reach for a bucket, not a thimble."
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thenewguy
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Post by thenewguy »

Brad wrote:Gates no longer world's richest man

http://articles.moneycentral.msn.com/In ... ?GT1=33002
When it's raining gold, reach for a bucket, not a thimble."
Good quote.  What a smart man.
Go Cubs Go
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2Adam29
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Post by 2Adam29 »

thenewguy wrote:
Brad wrote:Gates no longer world's richest man

http://articles.moneycentral.msn.com/In ... ?GT1=33002
When it's raining gold, reach for a bucket, not a thimble."
Good quote.  What a smart man.
he's a great mind, and an incredibly generous man. The new #1 is horribly greedy, so I hope he soon loses his fortune to be honest. Its not healthy to live for only money and oneself.
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skinzfan23
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Re: Forbes Richest and Warren Buffet

Post by skinzfan23 »

Warren Buffett is still #2 coming in at $68 Billion for 2014.
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