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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: Lars who wrote (6024)6/18/1999 9:24:00 AM
From: Wally Mastroly  Read Replies (2) | Respond to of 15132
 
Lars, Ma Bell more aggressive than the Mary Kay gals......

usatoday.com



To: Lars who wrote (6024)6/21/1999 10:17:00 AM
From: Wally Mastroly  Respond to of 15132
 
***Billionaire Next Door***; Hi-tech Execs go to head of Forbe's list:

Lars,

usatoday.com

Gates No. 1 . Some excerpts:

>The magazine, in the July 5 issue on newsstands this week, splits the rich into three classes:

* The "working rich," who got rich by themselves or by using inheritances to further pad their fortunes.

* "Coupon clippers," who are idle rich heirs and heiresses.

* Those who got wealthy by being royalty or dictators.

Overall, three of the top five, including Gates, made their money as the brains behind software giant Microsoft. Co-founder Paul Allen is worth $30 billion, tying at No. 3(?) with the Sultan of Brunei. Steven Ballmer, the company's president, is next with $19.5 billion.


"Dot.com billionaires," as the magazine calls them, dominate the list of working rich. The newly rich are amassing wealth at such a rapid pace that the old family fortune just can't keep up.

....Investor Warren Buffett is second richest with a net worth of $36 billion....<