March 25 2010|01.04 PM UTC

Stan Reybern

A Look at America’s Billionaires

Category: Personal FinanceTags: , ,



America’s billionaires are an elite and diverse group of people who either through luck or hard work and strategy have managed to build fortunes that most of us will only ever dream of having. Have a look at how these individuals propelled themselves into the world of the ultra-wealthy and fantasize about what you’d do if you had billions to play with.

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America's Billionaires

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{ 9 comments… read them below or add one }

youth March 25, 2010 at 11:56 pm

stop inflation by keeping minimum wage what it is but also bring the price of purchased items down, something like this could affect things from wal-mart to wall street. Also, since health car has passed, instead of paying md. insurane premiums out to wazoo im goin to decline our governments help and pay the fine for doing so. If you have read the bill you’ll notice that it tells you that private insurance companies are barred from denying anyone medical coverage even with a pre-existing condition, so why would’nt I wait till I become ill to seek medical coverage, to me, it sounds like m going to save alot of money, not only for my self, but for the money im not putting into the system that is squandering our tax dollars laundering them through extroditial establishments. Rome wasn’t built in a day. But, it fell in two

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del March 26, 2010 at 1:35 am

This list is a joke.
Where’s the TRILLIONAIRES?

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JD46WA March 27, 2010 at 10:10 am

Good for those that have accomplished what those that are envious wish they could do. Unfortunately, they are so blind (those that hate the rich) that they don’t realize they are trying to permanently strip that same opportunity from themselves by clamoring for the government to babysit their every whim.
I don’t blame the companies if they want to protect the bottom line. Everyone does. Even the contractor that is called an employee that makes wages is a business. Smart people and smart businesses make it. The others have the opportunity, but usually fail for some reason or another. Government will never fix that, no matter how many laws or regulations or takeovers they try. They will never bring all of the people to the top at the same time – except themselves.

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Steven March 30, 2010 at 1:50 pm

I’m interested in seeing a comparison of billionaires in CA by City.

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Mike Harwood July 12, 2010 at 5:12 am

If I had the money these people have i would find some way to help some of these people who are out of work and have familys. Buy some building that have as many apts. as possible and let these familys stay for as long as 3 to 4 months so that these family could possibly get on their feet again, but that wont work because these billionaires love money more than they love their humanity……………Thank You wanted to say my piece.

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anon July 13, 2010 at 4:35 pm

States colored by “billionaires per state”? So that’s based on counting the number of billionaires in each state and dividing by the number of states in the state?

How about billionaires per metropolitan area? Billionaires per county? Billionaires per capita? Or if it must be just a count, how about “number of billionaires”?

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Phil July 26, 2010 at 5:23 am

I need someone to step in and help me pay of a 11 year Stafford loan that i accrued while working on a Master Of Education.

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Marina August 6, 2010 at 10:24 pm

I am a single mom who left a domestic violence relationship by myself with 4 children , I worked my hardest and just got fired for taking care of one of children when she became very ill , all they have is me and we are looking at loosing EVERY THING our home ,car ect… . CAN WE GET SOME HELP

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John Bellantoni July 18, 2011 at 7:40 am

The accumulation of billions by a relatively few people on earth is the crux of the world’s economic distress today.

This capital should be in flux in the economies of the world, instead of stashed in savings, corporate wealth, real estate holdings, stock market securities, bank accounts, hedge funds, and treasury securities. That money is sloshing around the world’s financial markets looking for the greatest return. It has produced lower and lower interest rates around the world. It is powering stock market surges and crashes. It is being drained from the commercial bloodstream of the world by unparalled globalized profits.

The effects are felt in the world’s economy. Interest rates have been on a steady decline since the late seventies and will continue to decline as long as the world’s accumulated wealth is in competition with itself for the greatest return. Wages have been stagnating in the US and Europe as computerization has increased profits by eliminating jobs. In the world’s developed economies workers are caught between stagnant wages from fewer jobs on the one hand and a barrage of consumer products that drain away their income on the other. In the US the accumulated wealth of billionaires is beyond the reach of the government, which is being blamed for economic recession, job stagnation and waste. As globalization expands profits increase but those profits are not reinserted into the world economy as rapidly as they are removed. The result we are seeing is a top-heavy distribution of wealth.

The economies in rapidly developing countries are less affected by the growing distortion of wealth distibution because expansion has masked its effects. In China, India, Brazil, Southeast Asia wages are rising and jobs are still expanding. The strangling effect of bilionare companies and individuals has yet to be felt. .

The way out of this growing distortion must start with a restructuring of taxes. Tax on individual income and on corporations can be effective only if (1) there is agreement among world governments as to to tax practices, and (2) there is a uniform and meaningfull accounting system throughout the world. That is not as impossible as it seems. Thanks to globalization, companies and individuals are increasingly interconnected. As commerce has expanded, so have governments. Inevitably governments become attuned to the economic needs of commerce, and have become more aware of their own power. Eventually the interconnection of people through commerce, through the internet and through social networking will force governments to tap into the stream of wealth that is now going into the accounts of the world’s billionaire individuals and corporations. The day will come, perhaps in this century, when people will have rearranged the flow of wealth into consumers as well as producers. They will look back at the present pre-networking days as archaic, and even barbaric times of grotesque wealth and mass deprivation.

The first step is for people to connect in and realize what is happening.

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