SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?


To: LindyBill who wrote (2892)6/21/1999 4:55:00 PM
From: Teflon  Respond to of 54805
 
Come on, LindyBill. Is this success getting to yor head??!! By the way, I haven't had a chance to join in the "Congratulations" that have been tossed your way. So here goes: Congratulations!!!

Before I forget, you and I both know Ballmer is "da man"!

Teflon



To: LindyBill who wrote (2892)6/21/1999 4:55:00 PM
From: Uncle Frank  Read Replies (1) | Respond to of 54805
 
>> He (Balmer) has just done a little better!

Only a little, Bill <g>. Did you see Forbe's Billionaire list? Balmer is ranked 4th in the world at $19.5B.



Forbes: Billionaires Club Booms

By DONNA MURPHY WESTON AP Business Writer

NEW YORK (AP) - Newly created Internet wealth and a rising stock market have expanded the world's billionaires club to 465 and
pushed the collective net worth of the richest 200 working people beyond $1 trillion.

Fittingly, the man whose software runs the majority of the world's personal computers not only tops Forbes magazine's latest ranking of
the world's billionaires, but he is nearly three times ahead of No. 2.

Microsoft co-founder and chairman Bill Gates, with $90 billion to his name, far outstrips the man in second place - investor Warren
Buffet, with $36 billion.

The rankings, released Sunday, appear in the July 5 issue, the 13th annual World's Billionaires list.

The magazine said the collective wealth of the Top 200 working rich is more than double the $463 billion that the top 200 billionaires
had 10 years ago. Gates alone has as much money as the top 9 on the list 10 years ago.

Gates' net worth nearly doubled from $51 billion last year, briefly touching $100 billion in April before the stock market retrenched
somewhat.

Microsoft also claimed two other spots among the top five. Co-founder Paul Allen was third, with a $30 billion net worth. Microsoft
president Steven Ballmer fourth, with $19.5 billion.

In fifth place were the Oeri, Hoffman and Sacher families of Switzerland with $17 billion from the Roche pharmaceuticals conglomerate.

Tied for sixth place with a net worth of $16.5 billion were oil, rail and telecommunications magnate Philip Anschutz and Dell Computer
Corp. (Nasdaq:DELL - news) chairman Michael Dell, who at 34 was the youngest among the top 10.

The top 10 list is actually a top 11, because the next four spots, eight through 11, are held by members of the Walton family, heirs of the
late Sam Walton, founder of Wal-Mart Stores Inc. (NYSE:WMT - news) Forbes estimated their wealth at $16 billion each.

Dot-com billionaires from around the globe also were catapulted onto this year's list.

Jay Walker, founder of Priceline.com, and Pierre Omidyar, founder of eBay, went from nowhere into the Top 50. Walker was No. 25
with a net worth of $10.2 billion, while Omidyar was 36th with $10.1 billion.

Forbes has a separate list for what it calls the ''World's Working Rich,'' those who made their own wealth or are working with their
inheritance.

In another list, Forbes ranked the estimated net worths of what it called the world's ''Kings, Queens and Dictators.'' Leading that
category were the Sultan of Brunei, with $30 billion in wealth, Saudi Arabia's King Fahd with $28 billion, Iraq's President Saddam
Hussein with $6 billion, Queen Beatrix of the Netherlands with $5.2 billion and Syria's President Hafez Al-Assad with $2 billion.

Britain's Queen Elizabeth II has either $450 million or $16 billion, depending on whether you count the Royal Collection, which includes
the crown jewels and is held by the Queen in trust for the nation.