{"id":10907,"date":"2015-09-29T23:32:25","date_gmt":"2015-09-30T06:32:25","guid":{"rendered":"http:\/\/69.46.6.243\/?p=10907"},"modified":"2015-09-29T23:32:25","modified_gmt":"2015-09-30T06:32:25","slug":"forbes-announces-34th-annual-forbes-400-ranking-of-the-richest-americans","status":"publish","type":"post","link":"https:\/\/new.thepinetree.net\/?p=10907","title":{"rendered":"Forbes Announces 34th Annual Forbes 400 Ranking Of The Richest Americans"},"content":{"rendered":"<p>New York, NY&#8230;The combined wealth of Forbes\u2019 2015 ranking of the richest people in America, \u201cThe Forbes 400\u201d (p. 130 of the October 19, 2015 Forbes magazine issue), is $2.34 trillion, up from $2.29 trillion in 2014 and the highest ever. The average net worth of a Forbes 400 member is an astounding $5.8 billion, the highest to date, up from $5.7 billion last year. Net worth increased for 202 members and decreased for 119 members. The cost of admission to the 2015 list was the highest ever at $1.7 billion, up from $1.55 billion a year ago.<\/p>\n<p><a href=\"http:\/\/www.forbes.com\/forbes-400\/\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/new.thepinetree.net\/wp-content\/uploads\/2015\/09\/list_forbes_400topstories_panel4_0_list-1443529690.jpg\" alt=\"list_forbes_400topstories_panel4_0_list-1443529690\" width=\"400\" height=\"280\" class=\"alignnone size-full wp-image-10908\" srcset=\"https:\/\/new.thepinetree.net\/wp-content\/uploads\/2015\/09\/list_forbes_400topstories_panel4_0_list-1443529690.jpg 400w, https:\/\/new.thepinetree.net\/wp-content\/uploads\/2015\/09\/list_forbes_400topstories_panel4_0_list-1443529690-300x210.jpg 300w, https:\/\/new.thepinetree.net\/wp-content\/uploads\/2015\/09\/list_forbes_400topstories_panel4_0_list-1443529690-80x55.jpg 80w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\" \/><\/a><\/p>\n<p>Bill Gates retains the top spot on The Forbes 400 for the 22nd straight year, at $76 billion, down $5 billion from 2014. Warren Buffett (#2) is at $62 billion, down $5 billion from last year. Larry Ellison (#3), worth $47.5 billion, is down $2.5 billion from last year. Jeff Bezos (#4) was the biggest gainer overall, up $16.5 billion, after Amazon reported a quarterly profit in July. Mark Zuckerberg (#7), worth $40.3 billion, made it into the top 10 for the first time ever.<\/p>\n<p>Twenty-five newcomers made it into the ranks, including Evan Spiegel (#327) of Snapchat, the youngest on the list, worth $2.1 billion, Brian Chesky (#194) of Airbnb at $3.3 billion, Bill Haslam (#327), governor of Tennessee, at $2.1 billion, and Robert Smith (#268) of Vista Equity at $2.5 billion. Travis Kalanick (#80) of Uber was the biggest percentage gainer, worth $6 billion, up from $3 billion last year. Thirty-five people who were on the 2014 Forbes 400 dropped off the list, including 4 who died.<\/p>\n<p>The issue includes a 15-page in-depth cover story on Donald Trump\u2019s net worth, \u201cWhat\u2019s Donald Trump Really Worth?\u201d (p 42). Trump (#121) is worth $4.5 billion. For 33 years, he\u2019s been building and boasting his way higher on The Forbes 400. Forbes details its long history with Trump, demonstrating its unique window into what makes the most paradoxical presidential candidate in a generation tick by answering a simple question: What is Donald Trump really worth? Trump claims \u201cI look better if I\u2019m worth $10 billion than $4 billion.\u201d<\/p>\n<p>Highlights include:<br \/>\n\u2022 What the 2016 Presidential Candidates are Worth (p. 52) \u2013 Plus the mystery of Hillary Clinton\u2019s missing millions.<\/p>\n<p>\u2022 Koch on Koch (p. 72) \u2013 As he approaches 80, Charles Koch still wants to \u201cchange the trajectory\u201d of U.S. politics away from welfare, subsidies and crony capitalism \u2013 and he is pretty sure the Republicans aren\u2019t up to the task.<\/p>\n<p>\u2022 The Jock Versus the Geeks (p. 80) \u2013 Under Armour\u2019s Kevin Plank spent almost $1 billion on fitness apps to outdo Silicon Valley. He\u2019s under a lot less pressure than they are. The gadgets are there only to move more apparel.<\/p>\n<p>\u2022 Main Street Mogul (p. 92) \u2013 Rather than let Cox Enterprises succumb to extinction or sell it, Jim Kennedy reshaped his grandfather\u2019s sleepy Atlanta newspaper company into something enduring \u2013 and made his family $30 billion richer in the process.<\/p>\n<p>\u2022 Math-sters of the Universe (p. 110) \u2013 Galileo believed that mathematics was the language God used to write the universe. Four hundred years later a brilliant practitioner and a computer scientist are quietly translating these secrets \u2013 into the newest great hedge fund fortune. Hedge fund Two Sigma has put two newcomers on this year\u2019s Forbes 400 list.<\/p>\n<p>The Forbes 400 issue will feature four consecutive covers, including Donald Trump, political candidate, on the front cover; Kevin Plank, founder of Under Armour; Charles Koch, chairman of the board and CEO of Koch Industries; and Robert Smith, new private equity billionaire and the richest African-American man.<\/p>\n<p>ADDITIONAL FORBES 400 2015 HIGHLIGHTS:<\/p>\n<p>\u2022 The Forbes 400 list is a picture of wealth as of September 11, 2015. Richard Rainwater (#211), who died on Sunday, September 27, 2015 of a rare disease, was included in the ranks.<\/p>\n<p>\u2022 273 members of the list are self-made billionaires; 61 inherited their wealth and 66 inherited at least a portion but are still increasing it.<\/p>\n<p>\u2022 The youngest billionaire is Evan Spiegel (#327), age 25, with a net worth of $2.1 billion. Snapchat is the origin of his wealth.<\/p>\n<p>\u2022 The youngest woman is Elizabeth Holmes (#121), age 31, founder of Theranos, who is making a dramatic mark on the blood-testing industry.<\/p>\n<p>\u2022 The oldest billionaire is David Rockefeller Sr. (# 211), age 100, with a net worth of $3 billion.<\/p>\n<p>\u2022 145 billionaires did not make the cut this year, given the rising bar for entry to the list, now at $1.7 billion.<\/p>\n<p>\u2022 202 billionaires are up (vs. 301 in 2014); 119 billionaires are down (vs. 34 in 2014); and 44 billionaires are even (vs. 28 in 2014).<\/p>\n<p>\u2022 Notable drop-offs include Elaine Wynn, cofounder of Wynn Las Vegas, at $1.3 billion; Irwin Jacobs, Qualcomm cofounder, at $1.3 billion; and Richard Hayne, Urban Outfitters cofounder, at $1.3 billion.<\/p>\n<p>\u2022 The top three industries are:<br \/>\no Investments \u2013 86<br \/>\no Technology \u2013 53<br \/>\no Food and Beverage \u2013 36<\/p>\n<p>For the complete ranking, methodology and more, visit: http:\/\/www.forbes.com\/forbes-400\/<br \/>\nFollow Forbes on Twitter (www.twitter.com\/Forbes)<br \/>\nContact: Wendy Furrer Egan, wfurrer-egan@forbes.com or 212.366.8848<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York, NY&#8230;The combined wealth of Forbes\u2019 2015 ranking of the richest people in America, \u201cThe Forbes 400\u201d (p. 130 of the October 19, 2015 Forbes magazine issue), is $2.34 trillion, up from $2.29 trillion in 2014 and the highest ever. The average net worth of a Forbes 400 member is an astounding $5.8 billion, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10908,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_cbd_carousel_blocks":"[]","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,20,1],"tags":[],"class_list":["post-10907","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-featured","category-news","last_archivepost"],"jetpack_featured_media_url":"https:\/\/new.thepinetree.net\/wp-content\/uploads\/2015\/09\/list_forbes_400topstories_panel4_0_list-1443529690.jpg","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/posts\/10907","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10907"}],"version-history":[{"count":0,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/posts\/10907\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/media\/10908"}],"wp:attachment":[{"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10907"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10907"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10907"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}