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Technology Stocks : Intel Corporation (INTC)
INTC 34.50+2.6%Nov 21 9:30 AM EST

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To: Jeff Fox who wrote (74356)2/23/1999 10:12:00 PM
From: exhon2004  Read Replies (5) of 186894
 
Jeff:

re <<"The net worth of Bill Gates exceeds the wealth of the the lower 40% of all Americans combined".>>

Assuming a population of 250M 40% = 100M. Not sure what Bill is worth, (today), but let's say $50B. 50,000M / 100M = $500 of net worth for every man, woman and child in this 40%. If Bill is worth 60B or 70B, the numbers change to $600 and $700 respectively.

I'm no apologist for Bill but this 40% figure can't be right can it?

Regards,

Greg
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