Forbes’ 400 American Billionaires: Gates Still #1By: Richard Stalker - March 7, 2012
The Forbes’ Magazine annual list of American billionaires has come out and to pretty much no ones surprise, Bill Gates is still #1. The annual list is produced as a way to show off American productivity and prosperousness. This years list includes 397 people from Bill Gates to Dan Snyder.
This is the 30th year of the vaunted list and this years list feature some up and comers as well as old stalwarts. Mark Zuckerberg, founder of Facebook, is up to #14 on the list worth an estimated $17.5 billion. Other notables are New York City mayor Michael Bloomberg at #12 worth $19.5 billion, Phil Knight, the founder of Nike at #24 worth an estimated $13.1 billion, and Rupert Murdoch, the chairman of News Corp(the owner of the Wall Street Journal and Fox News) at #37 worth $7.4 Billion.
Forbes is an American publishing and media company. Its flagship publication, the Forbes magazine, is published biweekly.The magazine is well-known for its lists, including its lists of the richest Americans (the Forbes 400) and its list of billionaires. The motto of Forbes magazine is “The Capitalist Tool.” Its editor-in-chief is Steve Forbes.