Bill Gates continues to be the Americaâ€™s richest individual
Forbes magazine has released its latest list of the individuals heading the America in term of personal wealth. The index called the s list of the 400 wealthiest Americans continues to be dominated by Microsoft Corp. Chairman Bill Gates, Berkshire Hathaway Inc. Chief Executive Officer Warren Buffett and Microsoft co-founder Paul Allen who have been leading the charts since 5 years now.
This group of individuals together is worth around $1.13 trillion a figure, which has improved upon by around $125 billion since last year. Some of these rich figures were helped by the rising prices of fuel in the market and also the real-estate segment. The latest list features as many as 33 new members in the group.
Some of the new entries in this list of most successful Americans in terms of their personal wealth include New Balance Athletic Shoe Inc. Chief Executive Officer Jim Davis and his family and Urban Outfitters Inc. co-founder Richard Hayne. Some of the well-known losers are DreamWorks Animation SKG Inc. Chief Executive Officer Jeffrey Katzenberg and H.J. Heinz ketchup heir Teresa Heinz Kerry.
Impressively, 94% of the individuals in the top 400 are billionaires this compared to just 78% last year. Looks like it is harder to become a member of this club as the time passes by!