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

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Three Indian-Americans among America's 400 richest
Photo Credit: Neilson Barnard, Getty Images

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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52 weeks 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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Source: WND  Full article at: WND
 

 
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Source: Politics - The Huffington Post   Full article at: Politics - The Huffington Post
 

 
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3 weeks ago

Burger King’s Move To Canada Sparks Customer Backlash, Boycott Threats

Aug 26 2014 8:16am CDT | Source: ThinkProgress

Workers strike outside an Atlanta Burger King on May 15 as part of a nationwide push to force changes in fast food industry practices. CREDIT: Rebecca Leber Burger King’s plan to buy Canadian coffee chain Tim Horton’s and relocate over the border to reduce its U.S. tax liability isn’t going over well with some of the fast food store’s customers. Instead of the usual chatter on Burger King Facebook posts, recent updates on the company’s social media page h ...
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We are justly outraged by efforts of large corporations such as Chiquita or Eaton to avoid taxes by renouncing their U.S. "citizenship" or other legal shenanigans. But, the president's efforts to fix would just make the tax code more complex. It would be better to scrap corporate taxes altogether. To offset the impact of dispensing with corporate taxes, we should make changes to individual taxes that would also make them simpler and fairer. This might appear to be surr ...
Source: Politics - The Huffington Post   Full article at: Politics - The Huffington Post
 

 
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7 weeks ago

White House To Propose New Rules For Crude Oil Rail Shipments

Jul 23 2014 10:08am CDT | Source: ThinkProgress

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Source: ThinkProgress   Full article at: ThinkProgress
 

 
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Source: WND  Full article at: WND
 

 
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7 weeks ago

Layoffs Prove the Deceit of Amnesty

Jul 22 2014 11:31am CDT | Source: Big Government

The shocking announcement that Microsoft is cutting 18,000 jobs is still sinking in. Most of those employees do not have a realistic chance of obtaining as good a job as the one they are losing. In the United States, the number of engineering jobs has been sharply declining. In 2002 the number of electrical engineering jobs in the United States was 385,000, but despite increased demand for technology, the job total dropped to only 300,000 last year. And that number is not even for A ...
Source: Big Government   Full article at: Big Government
 

 
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1

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Jul 21 2014 5:53pm CDT | Source: WND

The shocking announcement that Microsoft is cutting 18,000 jobs is still sinking in. Most of those employees do not have a realistic chance of obtaining as good a job as the one they are losing. In the United States, the number of engineering jobs has been sharply declining. In 2002, the number of electrical engineering jobs in the United States was 385,000, but despite increased demand for technology, the job total dropped to only 300,000 last year. And tha ...
Source: WND  Full article at: WND
 

 

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