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Ideal Billionaires: Who Managed to Stay Afloat, Proving Their Mastery
Buffett later acknowledged the deal as his worst ever.
Those. The latest newcomers on the list are not responsible for getting rich and moving up the career ladder. It happened.
If someone joins the ranks, it means that someone left. And such incidents happen every year. Someone comes, someone leaves, and someone was a permanent member of the ranks from the very beginning. There are only 11 such people left. And only four of them earned their own money.
For example, the last one got rich after selling the Dexter Shoe Company. It was founded in 1958, when my father bought a factory and turned it into a shoe store. In 1993, he sold Berkshire Hathaway shares to Buffett. And they began to grow shamelessly. Buffett later admitted that this deal was his worst ever. The latest newcomers on the list are not responsible for getting rich and moving up the career ladder. When someone enters the classroom, it means that someone left. And such incidents happen every year. Someone comes, someone leaves, and someone was a permanent member of the ranks from the very beginning. Only 11 such people remain. And only four of them earned their own money.
There are many reasons for rotation. This is due to the flow of funds between them, various crises, and sometimes a sharp improvement in their financial situation, which allowed them to overtake those whose assets did not increase so much.
Among those who were on the list, then disappeared, and then reappeared, we can cite the example of Norman Braman. He owns one of the largest car dealerships.
However, a look at the average age of the rich is somewhat disappointing. The average age of those steadily rising in the rankings is already 88. This means that the era will soon pass.
The youngest person on the list is Lucas Walton, the grandson of Walmart's founder. He's 38. The oldest person on the list, however, is 101. David Murdoch has joined the class bandwagon, taking home a fortune of $3.4 billion in 2023, up from $3.7 billion currently.
I would refuse such benefits. But I think most people will wait in line.
Here's a list of those who typically remain among the richest Americans:
The newspaper writes that the rest got through the line thanks to the support of their families. Many people made billions of dollars on millions. Perhaps there are people who were able to do the opposite. At some point, as the newspaper wrote, even a mafia appeared in the ranks. This does not exist, because all the money is kept in an apartment bought specifically for this purpose. This is a flow of funds into each other, and various crises, and sometimes a sharp deterioration in the financial situation, allowed the assets that were on the list to overtake those that did not grow so much. And we can cite the example of the newly appeared Norman Braman. He owns one of the largest car dealerships. But when you look at the average age of the rich, it becomes a little sad. The average age of those who are steadily rising in the rankings is already 88 years old. This means that the era is passing. The youngest participant on the list is Lucas Walton, the grandson of the founder of Walmart. He is 38 years old. However, the oldest person is already 101 years old. David Murdoch has joined the class bandwagon, taking home a fortune of $3.4 billion in 2023, up from $3.7 billion currently. I’ll pass on that perk. But I think most people would line up. Here’s a list of who typically remains among the richest Americans:
The last four disappeared from the rankings several times and then returned.
If the poor look at the ranking of rich people, it is interesting that there is also a ranking of the poor that rich people see.
Here's the Forbes list of the richest Americans. But it's all temporary. Sooner or later, billionaires will be eligible for reinstatement and will be removed from the list, but not everyone will. The list has been compiled annually on September 1 since its first publication in 1982. Although Elon Musk has retained the top spot. Last year, his fortune fell from $251 billion to $244 billion, and 23 new people made it onto the list of the 400 richest Americans.