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Thread: Big its almost all self made. What say you now?

  1. #1
    Super Moderator UGLY's Avatar
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    Default Big its almost all self made. What say you now?

    The Forbes 400 -- the richest Americans
    The very richest:




    Top 5
    Net worth
    Source of wealth
    How became rich

    Bill Gates
    $59 billion
    Software -- Microsoft (MSFT, news, msgs)
    Self-made

    Warren Buffett
    $52 billion
    Investing -- Berkshire Hathaway (BRK.A, news, msgs)
    Self-made

    Sheldon Adelson
    $28 billion
    Gambling/leisure -- Las Vegas Sands (LVS, news, msgs)
    Self-made

    Larry Ellison
    $26 billion
    Software -- Oracle (ORCL, news, msgs)
    Self-made

    Sergey Brin / Larry Page (tie)
    $18.5 billion
    Technology -- Google (GOOG, news, msgs)
    Self-made

    See the full Forbes 400




    The richest businesswomen:




    Top 5
    Net worth
    Source of wealth
    How became rich

    Abigail Johnson
    $15 billion
    Finance
    Self-made; some inherited

    Oprah Winfrey
    $2.5 billion
    Media/entertainment
    Self-made

    Marilyn Carlson Nelson and family
    $2.2 billion
    Service industry
    Self-made; some inherited

    Margaret Magerko
    $2 billion
    Retailing
    Self-made; some inherited

    Margaret Whitman
    $1.4 billion
    Technology -- eBay (EBAY, news, msgs)
    Self-made

    The richest in sports:




    Top 5
    Net worth
    Owns
    How became rich

    Micky Arison
    $5.8 billion
    Miami Heat
    Inherited and growing

    William Davidson
    $4.5 billion
    Detroit Pistons
    Inherited and growing

    Charles Dolan and family
    $3.2 billion
    Madison Square Garden, New York Knicks, New York Rangers
    Self-made

    Carl Pohlad
    $3.1 billion
    Minnesota Twins
    Self-made

    Glen Taylor
    $2.7 billion
    Minnesota Timberwolves
    Self-made

    More of the richest in sports




    The richest in real estate:




    Top 5
    Net worth
    Source of wealth
    How became rich

    Sam Zell
    $6 billion
    Hanover Compressor (HC, news, msgs)
    Self-made

    Paul Milstein and family
    $4.5 billion
    Various real estate
    Self-made

    Stephen Ross
    $4.5 billion
    Centerline Holding (CHC, news, msgs)
    Self-made

    Matthew Bucksbaum and family
    $3.3 billion
    General Growth Properties (GGP, news, msgs)
    Self-made

    John Sobrato and family
    $3 billion
    Various real estate
    Self-made

    More of the richest in real estate

  2. #2
    Olympic Champ RYou's Avatar
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    Default Re: Big its almost all self made. What say you now?

    Bill Gates - $59 billion and that excludes what he has passed over to his and other foundations.

    Warren Buffett - $52 billion - he was ahead of gates for a while, then the market turned sour just before the benchmark date.

    Margaret Whitman-$1.4 billion - self made, but she was brought into eBay after is went public and her stock options are what has made her valuable.

    Steinbrenner must be up there. Heck, the Yankee franchise was recently valued at $1.2 billion. He bought it for $10 million.

  3. #3

    Default Re: Big its almost all self made. What say you now?

    It's a good point by Ugly, but Abigail Johnson is not self-made as far as I can tell. She's a very smart woman who has done very well for herself, but her father ran Fidelity for many years, and now she is sliding into the position.

    Not trying to denigrate her, but she shouldn't be categorized as "self-made", in my opinion.

  4. #4
    Super Moderator UGLY's Avatar
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    Default Re: Big its almost all self made. What say you now?

    I cant believe Big has no response. It must hurt to be so wrong.

  5. #5

    Default Re: Big its almost all self made. What say you now?

    What I find funny is that I believe a Mexican is the richest man in the world now.
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    Default Re: Big its almost all self made. What say you now?

    Quote Originally Posted by UGLY View Post
    I cant believe Big has no response. It must hurt to be so wrong.
    Wrong about what? What is your point, Ugly? If you're saying "self-made" stands for effort = reward, I think most would agree. If on the other hand you're saying individual effort is the only factor in financial success (and implicitly that financial success is what we should all be striving for), then I hear a lot of people (include myself) laughing.

  7. #7
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    Default Re: Big its almost all self made. What say you now?

    When I say money family I mean kids that grow up in rich families, not those that make money themselves.

  8. #8

    Default Re: Big its almost all self made. What say you now?

    Quote Originally Posted by wrastler118 View Post
    What I find funny is that I believe a Mexican is the richest man in the world now.
    His name is Carlos Slim... and he's the only one of the top 5 on Forbes "world's richest" who isn't listed as Self Made.. although, he's increased his wealth by like 20bil in the past 18-24 months

  9. #9
    Super Moderator UGLY's Avatar
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    Default Re: Big its almost all self made. What say you now?

    Wrong about what? What is your point, Ugly? If you're saying "self-made" stands for effort = reward, I think most would agree. If on the other hand you're saying individual effort is the only factor in financial success (and implicitly that financial success is what we should all be striving for), then I hear a lot of people (include myself) laughing.


    Big has stated multiple times that the Rich in this country have inherited it and not made it on there own. So I dont know what you or anyone else is laughing at.

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