360° Coverage : Three Indian-Americans among America's 400 richest

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Three Indian-Americans among America's 400 richest
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Three Indian-Americans among America's 400 richest

Sep 16 2013, 11:30pm CDT | by IANS

Washington, Sep 17 (IANS) Three Indian-Americans figure among America's 400 richest people with Microsoft co-founder Bill Gates retaining the top spot on the Forbes list for the twentieth straight year, at $72 billion.

Washington, Sep 17 — Three Indian-Americans figure among America's 400 richest people with Microsoft co-founder Bill Gates retaining the top spot on the Forbes list for the twentieth straight year,...

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1 year ago

Three Indian-Americans among America's 400 richest

Sep 16 2013, 11:30pm CDT | by IANS

Washington, Sep 17 (IANS) Three Indian-Americans figure among America's 400 richest people with Microsoft co-founder Bill Gates retaining the top spot on the Forbes list for the twentieth straight year, at $72 billion.

Washington, Sep 17 — Three Indian-Americans figure among America's 400 richest people with Microsoft co-founder Bill Gates retaining the top spot on the Forbes list for the twentieth straight year, at $72 billion.

Up $6 billion from 2012, Gates is once again the world's richest person, having passed Mexico's Carlos Slim in May.

Topping the Indian-American list was Florida outsourcer Bharat Desai & family with a net worth of $2.2 billion in the 252nd position. He was followed California software manufacturer Romesh T Wadhwani with a net worth of 2.1 billion. California venture capitalist Vinod Khosla was ranked 352 with a net worth of $1.5 billion

Investor Warren Buffett, the second richest is the biggest dollar gainer this year at $58.5 billion, up $12.5 billion from last year.

Oracle co-founder Larry Ellison at number three, worth $41 billion, is the same as last year; he is the only one in the Top 10 who did not add to his fortune.

FaceBook founderMark Zuckerberg was the second biggest gainer at $9.6 billion. He returns to the Top 20 (number 20) at $19 billion after dropping to 36th position last year.

The combined wealth of the Forbes' 2013 ranking of the richest people in America is $2 trillion, up from $1.7 trillion in 2012 and the highest ever, due in part to the strength of both the US stock and real estate markets.

The average net worth of a Forbes 400 member is a staggering $5 billion, the highest to date, up from $4.2 billion last year. Net worth increased for 314 members, and decreased for 30 members.

IANS

Source: IANS

 
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4 weeks ago

IMWF Announces Photojournalism Scholarship To Honor Slain AP Photographer

Oct 24 2014 2:43pm CDT | Source: Politics - The Huffington Post

The International Women's Media Foundation will sponsor a $1 million scholarship in honor of Anja Niedringhaus, the German AP photographer killed this past April while on assignment in Afghanistan, the organization announced Wednesday at its annual Courage in Journalism Awards. In addition to the scholarship program, a $4 million fund for outstanding women journalists has also been set up by Howard Buffett, the son of billionaire Warren Buffett, who supported Ni ...
Source: Politics - The Huffington Post   Full article at: Politics - The Huffington Post
 

 
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6

4 weeks ago

Chevron Greases Local Election With Gusher of Cash

Oct 22 2014 9:34am CDT | Source: Truthout Stories

(Image: AK Rockefeller) Truthout can only survive through reader support - click here to make a tax-deductible donation and help publish journalism with real integrity and independence! When the Citizens United decision came down in 2010, many feared the Supreme Court had unleashed vast and unfettered campaign contributions from corporations bent on tightening their hammerlock on government and politics. That hasn' ...
Source: Truthout Stories   Full article at: Truthout Stories
 

 
Update
5

4 weeks ago

Chevron Greases Local Election With Gusher of Cash

Oct 22 2014 9:34am CDT | Source: Truthout Stories

(Image: AK Rockefeller) Truthout can only survive through reader support - click here to make a tax-deductible donation and help publish journalism with real integrity and independence! When the Citizens United decision came down in 2010, many feared the Supreme Court had unleashed vast and unfettered campaign contributions from corporations bent on tightening their hammerlock on government and politics. That hasn't happen as much as anticipated – yet. ...
Source: Truthout Stories   Full article at: Truthout Stories
 

 
Update
4

5 weeks ago

Chevron Greases Local Election with Gusher of Cash

Oct 22 2014 6:14am CDT | Source: Politics - The Huffington Post

When the Citizens United decision came down in 2010, many feared the Supreme Court had unleashed vast and unfettered campaign contributions from corporations bent on tightening their hammerlock on government and politics. That hasn't happen as much as anticipated - yet. Individual billionaires and millionaires have dominated the scene instead. Perhaps it's in part because some corporations dipping their toes into new mode ...
Source: Politics - The Huffington Post   Full article at: Politics - The Huffington Post
 

 
Update
3

6 weeks ago

Paul Krugman: Obama's Record On Fighting Inequality Is Better Than You Think

Oct 8 2014 3:46pm CDT | Source: Politics - The Huffington Post

Banks may still be too big to fail, wages are still flat, and the income gap is still widening, but economist Paul Krugman nevertheless calls President Barack Obama's handling of the economy and Wall Street "successful." In a nearly 4,400-word essay published in Rolling Stone, the Nobel laureate wrote that, when hindsight sharpens focus, the 44th president will be remembered for wrangling the big ba ...
Source: Politics - The Huffington Post   Full article at: Politics - The Huffington Post
 

 
Update
1

7 weeks ago

Buffett: Revamp corporate tax rules

Oct 7 2014 11:37am CDT | Source: POLITICO

"It's good to have a time out while we work out a logical corporate tax code," Buffett says. ...
Source: POLITICO   Full article at: POLITICO
 

 

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