The following analysis is a bit confusing because the details are taken from two Forbes articles, the first in March reporting on the richest in the world and the second this month about Americans.
- Who has been the richest man in America for the past 16 years and only lost $7 billion this past year, while donating $3.8 billion? Bill Gates, worth $50 billion, is #1 in the nation and world.
- Warren Buffet lost almost $3 million/hour…yes, per hour. His remaining $40 billion makes him #2 in the country and world.
- Either Carlos Slim Helu, Mexican telecommunications billionaire, or Lawrence Ellison (Oracle) is #3. In March, Helu was worth $25 billion. In October, Ellison was up to $27 billion.
- Buffet lost $25 billion from last October and Helu also lost $25 billion (March 2008 to March 2009), so they both lost $3 million/hour. The world has about 300 fewer billionaires this year, but still has about 800. These billionaires lost $2 trillion from March to March, and were then worth $2.4 trillion. Of course, the market has really recovered since then, for the Ford stock I bought that month at $1.90 just about touched $8 at one point today.
- Christy and Alice Walton (Walmart, etc.) are each worth about $20 billion, and are the two richest women. Oprah is only worth $2.7 billion.
- The two richest men ever, adjusted for inflation, were American John D. Rockefeller ($318 billion) and Englishman Andrew Carnegie ($298 billion). Alexander the Great, who owned much of the civilized world and Egyptian pharaohs were not considered, or, supposedly, did not qualify for this list.
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The Dow Jones Industrials looked good until the final hour, when it crashed 130, or minus 92 for the day to under 10,000...9949. Gold edged up $4/toz to $1059 and crude oil shot up to nearly $82/barrel, then settled at $81.
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Typhoon Lupit, now at 90 MPH, ominously, has slowed down a bit, and is scheduled to strike Northern Luzon on Friday. Even Manila will be affected by some wind and a lot of rain. They can only be prepared and pray. Typhoon Parma stuck around for almost 9 days, so the only hope is for Lupit to get in and out as fast as possible.
Hurricane Neki, at 115 MPH, will attain Category 4 (131-155 MPH) status tomorrow, but, as can be seen, seems to be safely west of Kauai and moving north. (Whoops, maybe some of you will not be able to see the Hawaiian Islands. If so, Kauai is about where "reality" is located in the right box.)
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