Tag Archives: billionaires

Jimmy Haslam makes Forbes billionaires list

Knoxville businessman Jimmy Haslam is No. 831 on the 2013
Forbes list of the world’s billionaires.

HaslamJimmy.jpg

The CEO of Pilot Flying J and owner of the Cleveland Browns
has a net worth of $1.8 billion, according to Forbes.

“Pilot is one of the country’s largest privately held
companies, with $29 billion in sales. He gets most of his fortune from his 35%
share of his family’s 59% stake in Pilot,” Forbes reports.

Some 1,426 names are on this year’s world list. Carlos Slim,
a telecom magnate from Mexico, is again the world’s richest man  with a net worth of $73 billion.  Microsoft founder Bill Gates is No. 2 with a
net worth of $67 billion.

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Will Gates-Buffett plan work?

When two of the world’s richest men speak, they get attention. That was the case yesterday when Bill Gates and Warren Buffett pitched their campaign to get other super rich guys to join them in pledging at least half of their fortunes to charity.

I goggled Gates + Buffett + charity and got 5.2 million hits in 0.33 seconds. That’s a lot of chatter.

Certainly, there are many deserving charities that could use the money. But maybe Bill and Warren should think about going another way. How about giving part of their fortunes to the federal government to pay down that multi-trillion dollar debt that just keeps growing?

On second thought, giving the government free money probably isn’t such a hot idea. Charity is the way to go.

Bottom line: You have to be impressed with Gates’ and Buffett’s commitment to give back. It will be interesting to see if other billionaires follow their lead.

Here’s a look at some of the global chatter.

MSNBC.com: Gates, Buffett to megarich: Give it up

Forbes.com : Gates, Buffett Raise the Philanthropy Stakes

Political Economy, John Tamny:  If Charity Is Their Goal, Gates And Buffett Should Horde Their Wealth 

The Guardian, London: Gates, Buffett lobby the rich for donation pledges

AllVoices.com: Is Buffett & Gates Pledge Really Such a Good Idea ? 

Everything Warren Buffett blog: Warren Buffett’s Pledge

 

Really rich is fiction

Despite the recession, the number of U.S. millionaires rose 15 percent to 4.7 million last year, according to a report released last week by Boston Consulting Group.

That’s a lot of millionaires. You may be living next door to one and not even know it.

But if you’re looking to rub elbows with the truly wealthy, the real money is in fiction. Mere millionaires are no where to be found on Forbes 2010 Fiction 15, a list of the richest fictional characters.

Tops on the list is Carlisle Cullen, multi-billionaire vampire and small town doctor of Twilight fame. He’s one of six newcomers on this year’s Fictional 15.

See the complete Forbes list here.