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Topic: Forbes 400

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	Forbes 400 - Wikipedia, the free encyclopedia
		The Forbes list provides a glimpse of what can only be called an economic oligarchy, with an average net worth of $2.8 billion.
		The Founder's Club is a list of members who were on the Forbes 400 since its inception in 1982.
		Forbes 400 How to Be a Forbes 400 Billionaire...
	en.wikipedia.org /wiki/Forbes_400 (359 words)

	UFE - Press Room: BORN ON THIRD BASE: The Sources of Wealth of the 1996 Forbes 400
		Forbes usually indicates which of the four-hundred are "bootstrappers" --individuals who started with nothing yet rose to the heights of our wealthiest individuals.
		Members of the Forbes 400 were placed into five categories based on information from: Forbes Magazine (October 16, 1995); Forbes Magazine (October 14, 1996); Contemporary American Business Leaders: A Biographical Dictionary, Business Week, The Who's Who of America, Entrepreneurs, by Joseph Fucini, Entrepreneurial Megabucks by A. David Silver (1986).
		Because accurate information was not available on the precise value of assets previously held by the family of a current Forbes 400 member, the study team took a conservative approach to categorizing the Forbes 400, assigning each member to the lowest category that the data would support.
	www.faireconomy.org /press/archive/Pre_1999/forbes_400_study.html (819 words)

	ZNet Commentary: Boom Time for Billionaires (Site not responding. Last check: 2007-10-09)
		Forbes 400 members and their corporations are getting tax cuts while jobs are being outsourced, profits moved offshore, and the national debt is swelling.
		Forbes 400 members are getting tax cuts while teachers, firefighters and police get pink slips.
		Forbes 400 members are getting tax cuts while more Americans can't afford health insurance or college.
	www.zmag.org /sustainers/content/2004-10/12sklar.cfm (683 words)

	bernie :: media :: Wage Hike Can Fight Poverty (Site not responding. Last check: 2007-10-09)
		If the Forbes 400 richest Americans were a nation, they could celebrate New Year's together in a hotel ballroom.
		Forbes 400 combined wealth of $955 billion is greater than the gross domestic product of Canada, the world's eighth-richest economy.
		When the Forbes 400 began in 1982, there were 13 billionaires, and five of them were oilman H.L. Hunt's children.
	bernie.house.gov /documents/articles/20031230173354.asp?print (698 words)

	USATODAY.com - More billionaires than ever in Forbes 400 (Site not responding. Last check: 2007-10-09)
		The combined net worth of the 400 rose $45 billion and reached $1 trillion for the first time since 2000, before the dot-com bust wiped out billions of dollars in wealth.
		The 400 includes 51 women — up just one from last year, but the average net worth of the women is $2.8 billion, higher than the list's average of $2.5 billion.
		Forbes used the stock prices of publicly held companies as of Aug. 31; for privately held companies, the magazine estimated a fair market value based on the stocks of their publicly traded peers.
	www.usatoday.com /money/2004-09-23-forbes-richest-list_x.htm (758 words)

	Thoughts for the country's billionaires to ponder
		The heirs of Wal-Mart founder Sam Walton are ranked nine through 13 on the Forbes 400, with a combined inheritance of $32 billion.
		The Forbes family is conspicuously absent from the 400, but Fortune magazine pegged Steve Forbes' personal wealth at $439 million in 1996, enough to make the cut that year.
		Forbes comments, "An unrepentant Phil Knight blasts his sweatshop critics: `This isn't an issue that should even be on the political agenda today.
	www.chron.com /content/chronicle/editorial/97/10/03/sklar-10-3.0-1.html (647 words)

	Federal Campaign Contribution Habits of Forbes 400: A Few Drops in a Sea of Campaign Bucks
		It is interesting to note the top recipients of federal campaign contributions by the "Forbes 400." Unsurprisingly, the top sources were in the form of so-called "soft-money," in other words, the national parties and their Congressional campaign arms.
		The favorite candidates of the "Forbes 400," in terms of federal campaign contributions at least, were quite different from the favorites of the voters.
		The "Forbes 400" gave 37 percent to presidential candidates who won less than one percent of the Republican primary vote and over half of their contributions to presidential candidates who won less than five percent of the vote overall.
	www.ntu.org /main/press.php?PressID=308&org_name=NTUF (3198 words)

	Rich Americans (Site not responding. Last check: 2007-10-09)
		The estimated combined wealth of the Forbes 400 increased 31 percent, from $477 billion in 1996 to upwards of $624 billion this year.
		Forbes celebrates bootstrappers, but its 400 are better represented by Jim Hightower's remark about George Bush, "He was born on thrid base and thought he hit a triple." (Steve "Flat Tax" Forbes can relate.
		Nike founder Phil Knight was born in the batter's box and hustled his way to number 17 on the Forbes 400 with $5.4 billion.
	www.phenomenologycenter.org /course/rich.htm (638 words)

	Forbes 400 list of richest Americans: snapshot of a financial oligarchy (Site not responding. Last check: 2007-10-09)
		According to Forbes, “The economy’s recovery may be a little shaky, but you wouldn’t know it from looking at this year’s Forbes 400.
		The figure of $1 trillion marks something of a milestone, not only because the 400 richest Americans have a combined net worth that requires 13 digits to write out, but also because it is a return to the sort of numbers that were last seen during the stock market boom of 1999-2000.
		Taken together, the Forbes 400 list, the Census report on poverty, and the Citizens for Tax Justice study on corporate taxation reveal a stark trend.
	www.wsws.org /articles/2004/sep2004/forb-s27_prn.shtml (1381 words)

	Washingtonpost.com: Who Said the New Economy Was Dead? - tech industry figures on Forbes 400 list; includes other ... (Site not responding. Last check: 2007-10-09)
		Overall, the aggregate wealth of the Forbes 400 members climbed by ten percent in the past year.
		Tech leaders dominate the Forbes 400 this year, reflecting "a continuing shift in wealth from the East to the tech-centric West.
		Forbes notes that the Los Angeles scientist is a self-made man as a result of his stake in American Pharmaceutical Partners, which manufactures generic injectable drugs.
	www.findarticles.com /p/articles/mi_m0NTQ/is_2003_Sept_22/ai_108006474 (1438 words)

	MetroActive News & Issues \| Forbes 400
		Each year UFE releases its survey "Born on Third Base: The Sources of Wealth of the Forbes 400" to coincide with the World Series and employs baseball language to assess the status of the very rich.
		Two thirds of those on the Forbes list, according to Collins, began with substantial start-up capital, and nearly half inherited enough wealth (Born on Home Plate) to rank in the 400 at birth.
		The combined net worth of the wealthiest 400 individuals increased 30.5 percent from at least $478.1 billion in 1996 to at least $623.9 billion in 1997.
	www.metroactive.com /papers/sonoma/12.24.97/news-9752.html (878 words)

	SEPT 99 - BEHIND THE LINES
		The 1999 Forbes 400 - the 400 richest people in the United States - own as much wealth as the bottom half of the U.S. population put together -- over a trillion dollars.
		The average Forbes 400 member's wealth grew 177 percent in the last 10 years and more than 55 percent in just the last two years.
		Forbes magazine publisher and perennial presidential candidate Steve Forbes, whose wealth is estimated at around $400 million, did not make the list.
	multinationalmonitor.org /mm1999/99sept/lines.html (829 words)

	More billionaires than ever in Forbes 400 (Site not responding. Last check: 2007-10-09)
		There are now 313 billionaires in the country, the largest number ever and a huge jump over last year's 262 members, according to Forbes magazine, which Thursday released its annual ranking of the 400 richest Americans.
		The combined net worth of the 400 rose $45 billion, reaching $1 trillion this year for the first time since 2000, before the dot-com bust.
		Forbes senior editor Peter Newcomb attributed the list's overall gains to the improving economy, as well as a good year in the financial sector and industries including food and wine.
	www.sfgate.com /cgi-bin/article.cgi?file=/news/archive/2004/09/23/national2158EDT0836.DTL&type=printable (354 words)

	ResponsibleWealth.org - Forbes 400 Richest Americans: They Didn't Do It Alone
		In fact, says Responsible Wealth, everyone on the Forbes 400 owes their wealth partly to a taxpayer-financed inheritance of public research and contracts; public schools and universities; communications, transportation and other critical infrastructure, and myriad government institutions from the Federal Reserve and the courts to the Treasury, Defense and Commerce Departments.
		"Yet while the Forbes 400 richest Americans are doing better this year – their collective wealth rose $45 billion since 2003 – the average taxpayer is not.
		Warren Buffett, No. 2 on the Forbes 400, attended a publicly supported state school, the University of Nebraska in Lincoln, and is quite clear that his investment wealth depends on America's social and economic infrastructure.
	www.responsiblewealth.org /press/2004/Forbes400_pr.html (790 words)

	Rich get Much Richer: More Wealth for the Forbes 400 (Site not responding. Last check: 2007-10-09)
		Their data tracks the financial and biographical origins of the 400 richest individuals and families listed in the October issue of Forbes Magazine.
		Two-thirds of those on the Forbes list, according to Collins, started with at least some substantial start-up capital, and 42 percent inherited enough wealth (Born on Home Plate) to rank in the 400 at birth.
		Also, the number of billionaires jumped from 135 to 170, and the average net worth of the wealthiest 400 individuals increased by almost a third from $478 million in 1996 to $623.9 million this year.
	www.goodfelloweb.com /werbe/forbes400.htm (703 words)

	Telegraph \| Money \| Fortunes change as Forbes names 400
		The judge threw out his claim, noting that the Forbes 400 revealed people of immense influence, and that "the American public has a right to know who they are".
		Forbes has never been afraid of including the scandalously rich in its rankings, such as cocaine lord Pablo Escobar.
		The list is limited to 400 after famed social arbiter Mrs William B Astor, who would invite only 400 of the highest of high society to her balls on Fifth Avenue in New York.
	www.telegraph.co.uk /money/main.jhtml?xml=/money/2002/09/24/cnforb24.xml&sSheet=/portal/2002/09/24/ixport.html&secureRefresh=true&_requestid=29880 (628 words)

	Forbes 400: Gates No.1; Google founders join U.S. richest - Sep. 23, 2004
		Forbes said 45 new members joined the list this year, including Google's Larry E. Page and Sergey Brin, who is also the youngest member of the Forbes 400 at age 31.
		One of the most prominent returnees on the list might be first-lady hopeful Teresa Heinz Kerry, whose inherited fortune from her late husband is estimated at the list minimum of $750 million, the magazine said.
		Forbes also said the combined net worth of America's wealthiest reached $1 trillion for the first time since 2000, up $45 billion the past 12 months alone.
	money.cnn.com /2004/09/23/news/newsmakers/forbes_400 (620 words)

	Forbes 400 Billionaires (Site not responding. Last check: 2007-10-09)
		The figure shows the percent of the Forbes 400, who are billionaires.
		The total wealth of the Forbes 400 reached $1.35 trillion in 2000 in real 2005$, when the 400 richest people in the United States had 5% of the $25 trillion total wealth.
		In 2002, the wealth of the Forbes 400 had dropped by 26%.
	oregonstate.edu /instruction/anth484/forbes.html (254 words)

	The Forbes 400 - Forbes.com (Site not responding. Last check: 2007-10-09)
		This edition of the Forbes 400 shows that the aggregate net worth of the U.S.'s wealthiest 400 citizens leapt 10% in the past year, to $955 billion.
		These men remained on the Forbes 400 since its inception but three died within the past year, and one is just less rich.
		These old photos prove you can't predict future Forbes 400 members from their yearbook pictures.
	www.forbes.com /2003/09/17/rich400land.html (631 words)

	Don't Blink. You'll Miss the 258th-Richest American. - New York Times
		The idea for the Forbes 400 - rather than, say, 300 or 500 - was inspired by Mrs.
		Right from the start, the Forbes 400 reflected an American ideal: we were a nation of smart, hardworking, resourceful, determined, innovative, daring self-starters.
		In 1985, the combined wealth of the Forbes 400 was $238 billion, adjusted for inflation.
	www.nytimes.com /2005/09/25/business/yourmoney/25trail.html?ex=1285300800&en=77b8995bfdcfff3c&ei=5090&partner=rssuserland&emc=rss (807 words)

	BBC NEWS \| Business \| Bill Gates tops Forbes rich list
		The combined net worth of the top 400 is $1 trillion, $45bn more than last year.
		Out of the 400 on the list, a record 313 are billionaires.
		Forbes magazine is due to publish its list on 11 October.
	news.bbc.co.uk /2/hi/business/3685412.stm (284 words)

	Forbes 400
		Forbes identifies a growing number of investment gurus or "money men" in its survey, a total of 66, or 16%, of the Forbes 400.
		Every issue of the Forbes 400 repeats the same lesson over and over again: The best way to build financial independence is through your own business.
		The Forbes fortune is now split between several siblings." I asked Forbes many tough questions about the economy, the stock market, the war in Iraq and the Bush Administration...
	www.investmentu.com /IUEL/2005/20051006.html (1140 words)

	Federal Campaign Contribution Habits of Forbes 400: A Few Drops in a Sea of Campaign Bucks
		However, in terms of the rest of the ultra-rich, the "Forbes 400" are arguably less influential.
		Third, the "Forbes 400" greatly increased the amount they contributed to campaigns between 1994 and 1996.
		Third, the "Forbes 400" contributed mostly to incumbents, although they did so to a greater extent than most contributors.
	www.ntu.org /main/press.php?PressID=308&org_name=NTUF (3198 words)

	Forbes' 400 Richest
		Forbes gleefully referred to this year's rundown of the country's 400 richest people as a case of the rich getting richer.
		This is a roster of the richest folks in the U.S., not to be confused with the global rich profiled by Forbes in July.
		According to Forbes, after all, "the well-being and contentment of all the classes, not to mention the level of social stability in America depends on it."
	www.thestandard.com /article/0,1902,6599,00.html (480 words)

	Forbes lists 400 Americans with most billions, millions / 44 Bay Area people are among richest, magazine says (Site not responding. Last check: 2007-10-09)
		Combined, the net worth of the top 400 rose $45 billion to $1 trillion this year, the first time the total has reached such heights since 2000.
		Forbes senior editor Peter Newcomb told the Associated Press that the gains were due to the improving economy, along with a good year in food and wine and the financial sector.
		Forbes compiled its list by estimating the value of stock and other assets such as real estate held by the wealthiest Americans, Newcomb told the Associated Press.
	www.sfgate.com /cgi-bin/article.cgi?f=/c/a/2004/09/24/BUG4I8U80L1.DTL (852 words)

	CrossCurrents
		When Forbes magazine started its roll call of the 400 richest Americans in 1982, there were just 13 billionaires and 5 of them were oilman H. Hunt’s children.
		The Forbes 400’s $1 trillion is worth more than the GDP of China, a country of over one billion people, which is ranked number seven among the world’s richest economies.
		Novell CEO Eric Schmidt told Forbes that the scale of inequality "makes me uncomfortable." He says, "Lots of people who are smart and work hard and play by the rules don’t have a fraction of what I have." He adds, "I realize I don’t have my wealth because I’m so brilliant.
	www.zmag.org /zmag/articles/dec1999sklar.htm (1346 words)

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