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Economic Troubles Affect America’s Wealthiest
From
execcrossing
Published 15 months ago
EmploymentCrossing.com Many Americans have been adversely affected by the current economic meltdown. But some Americans have suffered more than others. Microsoft ex-CEO Bill Gates lost $1.5 billion in September, and is now no longer the... more
EmploymentCrossing.com Many Americans have been adversely affected by the current economic meltdown. But some Americans have suffered more than others. Microsoft ex-CEO Bill Gates lost $1.5 billion in September, and is now no longer the richest American. That honor goes to Berkshire Hathaway chairman Warren Buffet, who added $8 billion to his net worth over the same period, according to Bloomberg news. Fortunately for Gates, he is still the second wealthiest American, and the world’s third richest person, with a net worth of an estimated $55.5 billion. Bill Gates had been number one on Forbes Magazine’s wealthiest Americans list for 15 consecutive years. The biggest individual loser during September was Vegas casino magnate Sheldon Adelson, who lost $4 billion. « less
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