Tag Archives: rich
Richest Person in Each State
No suprise here. America’s wealth still belongs to rich white men.
Washington resident and Microsoft founder Bill Gates’ $80 billion net worth makes him the richest person in the country (and the world). The least rich individual on the map is Robert Gillam, founder of McKinley Capital, an Alaska-based institutional investment firm. But don’t feel too bad for him — he’s worth a cool $700 million.
Heirs to the Walmart empire dominate three states: Arkansas (Jim Walton, worth $35.7 billion), Texas (Alice Walton, worth $35.3 billion) and Wyoming (Christy Walton, worth $37.9 billion). Here’s to so-called upward mobility.
Movoto used wealth data from Forbes and Celebrity Net Worth to create the map.
2014 Richest People on The Planet
- Bill Gates $76 billion Microsoft
- Carlos Slim $72 billion telecom
- Amancia Ortega $64 billion retail
- Warren Buffett $58.2 billion Berkshire Hathaway
- Larry Ellison $48 billion Oracle
- Charles Koch $40 billion diversified
- David Koch $40 billion diversified
- Sheldon Adelson $38 billion casinos
- Christy Walton $36.7 billion Wal Mart
- Jim Walton $34.7 billion Wal Mart
Billionaire Super Security [documentary]
Documentary on the Dangerously Rich Billionaires Super Security
Forbes 400 [video]
You need at least $1.3 billion net worth to get into Steve Forbes Magazine.
70% of Fortune 500 CEOs Are Not Using Social Media
A new study released Wednesday by Domo and CEO.com found that nearly 70% of Fortune 500 CEOs have no presence whatsoever on any major social media channels, including Facebook, Twitter, LinkedIn or Google+. Of the 30% that choose to engage in social media, nearly all of them (28%) do so through LinkedIn. And while the number of CEOs utilizing the other three networks is small, it appears that Twitter is the only other social channel Fortune 500 CEOs are moving toward (albeit, slowly).
Stamp Stampede – Economic Jusitsu
The Stampede is tens of thousands of Americans legally stamping messages on our Nation’s currency to #GetMoneyOut of Politics. As more and more stamped money spreads, so will the movement to amend the Constitution.
The Stampede was started by Ben Cohen, long time progressive activist and co-founder of Ben & Jerry’s.
Fast Food Workers Want $15 p/hr in America
Fast food workers across the country are walking off their jobs this week in protest of what they describe as low wages and unfair labor practices.
The employees, in New York, Chicago, Detroit and other cities, are calling for a $15 per hour wage as well as the right to unionize without fear of retaliation. The campaign launched Monday in New York City, and has been aided by Fast Food Forward, a New York City-based advocacy group of fast food workers
The World’s Richest City [documentary]
China may soon be the birthplace to half the world’s billionaires but Singapore – the world’s richest city – is where they go to play. Some of the rich and famous who have moved to the tiny Southeast Asian island republic include Indian telecom tycoon Bhupendra Kumar Modi, Chinese movie superstars Gong Li and Jet Li, New Zealand billionaire Richard Chandler, and famed US investor Jim Rogers. One in six households in Singapore have a net worth of $1m, reflecting the flow of wealth eastwards as the centre of global economic activity shifts to Asia. With low taxes, a reliable, corruption-free government and protective private banking laws, the world’s ultra-rich are flocking to make Singapore home, giving it the highest percentage of millionaire households in the world. While the rich have fun, locals are struggling to keep up with the rising cost of living.
Aliko Dangote Is Africa’s First $20 Billion Man
Nigerian billionaire and Africa’s richest man Aliko Dangote has become the African entrepreneur to lay claim to a $20 billion fortune as the stock value of his largest holding, Dangote Cement, leaped just about three-fourths since March when Forbes released its annual ranking of the world’s richest people.
Aliko Dangote’s 93% stake in the cement company is now worth $19.5 billion. Add this to his controlling stakes in other publicly-listed companies like Dangote Sugar and National Salt Company of Nigeria and his significant shareholdings in other blue-chips like Zenith Bank, UBA Group and Dangote Flour; his extensive real estate portfolio, jets, yachts and current cash position, which includes more than $300 million in recently awarded Dangote Cement dividends, Dangote is now worth more than $20 billion. Read More
Powerball Lottery Jackpot Soars To $600 Million
The jackpot for the Powerball lottery has soared to a record $600 million and the top prize may swell to nearly $1 billion if no one draws the winning numbers tonight according to lottery officials.
The potential payout of Saturday’s jackpot could mean a one-time lump sum payment of $376.9 million.
The top prize grew after no one won a drawing on Wednesday..
The popular lottery, which is played in 42 states, Washington D.C. and the U.S. Virgin Islands, has not had a winner in two months.
The previous largest Powerball jackpot record was $587.5 million in November 2012.
According to Powerball, the odds of winning the big prize on Saturday are one in 175 million.
Richest African Man: Aliko Dangote
Aliko Dangote from Nigeria
“Alhaji Aliko Dangote (born April 10, 1957) is a businessman based in Nigeria. He is the owner of the Dangote Group, which has operations in Nigeria and several other countries in West Africa. A wealthy supporter of erstwhile President Olusegun Obasanjo and the ruling People’s Democratic Party (PDP), Dangote controls much of Nigeria’s commodities trade through his corporate and political connections. With an estimated current net worth of around US$ 2.5 billion, he was ranked by Forbes as one of the richest black African citizens  and the third richest person of African descent in the world behind Mohammed Al Amoudi ($9.0 billion) and Oprah Winfrey ($2.7 billion.) ”