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Wealthiest Men & Women Ranked for 2008
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This list ranks the top 50 richest men and women in America by net worth according to Forbes Magazine's "Forbes 400" as of the October 6, 2008 issue. It takes 19 billion dollars to make the top ten "most wealthy" this year. Last year it "only" took $17 billion to make the 2007 top ten list.  This year it takes $6.5 billion  to make the top fifty richest men and women list.  A billion dollars just doesn't go as far as it used to go!

The top 10 richest Americans according to the Forbes 400 are:

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Rank Name Net Worth ($bil)  AGE 
Residence
1 William Gates III 57.0 52 Medina, WA
2 Warren Buffett 50.0 78 Omaha, NE
3 Lawrence Ellison 27.0 64 Redwood City, CA
4 Jim Walton 23.4 60 Bentonville, AR
5 S Robson Walton 23.3 64 Bentonville, AR
6 Alice Walton 23.2 59 Fort Worth, TX
6 Christy Walton & family 23.2 53 Jackson, WY
8 Michael Bloomberg 20.0 66 New York, NY
9 Charles Koch 19.0 72 Wichita, KS
9 David Koch 19.0 68 New York, NY



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The list was complied by Forbes Magazine, one of my favorite magazines to read.  Below is the list of the top 50 richest men and women according to Forbes.

Rank Name Net Worth ($bil) Age Residence Source
1 William Gates III 57.0 52 Medina, WA Microsoft
2 Warren Buffett 50.0 78 Omaha, NE Berkshire Hathaway
3 Lawrence Ellison 27.0 64 Redwood City, CA Oracle
4 Jim Walton 23.4 60 Bentonville, AR Wal-Mart
5 S Robson Walton 23.3 64 Bentonville, AR Wal-Mart
6 Alice Walton 23.2 59 Fort Worth, TX Wal-Mart
6 Christy Walton & family 23.2 53 Jackson, WY Wal-Mart inheritance
8 Michael Bloomberg 20.0 66 New York, NY Bloomberg
9 Charles Koch 19.0 72 Wichita, KS manufacturing, energy
9 David Koch 19.0 68 New York, NY manufacturing, energy
11 Michael Dell 17.3 43 Austin, TX Dell
12 Paul Allen 16.0 55 Seattle, WA Microsoft, investments
13 Sergey Brin 15.9 35 Palo Alto, CA Google
14 Larry Page 15.8 35 San Francisco, CA Google
15 Sheldon Adelson 15.0 75 Las Vegas, NV casinos, hotels
15 Steven Ballmer 15.0 52 Hunts Point, WA Microsoft
15 Abigail Johnson 15.0 46 Boston, MA Fidelity
18 Jack Taylor & family 14.0 86 St Louis, MO Enterprise Rent-A-Car
19 Anne Cox Chambers 13.0 88 Atlanta, GA Cox Enterprises
20 Donald Bren 12.0 76 Newport Beach, CA real estate
20 Carl Icahn 12.0 72 New York, NY leveraged buyouts
20 George Kaiser 12.0 66 Tulsa, OK oil & gas, banking
20 Forrest Mars Jr 12.0 77 McLean, VA candy, pet food
20 Jacqueline Mars 12.0 68 Bedminster, NJ candy, pet food
20 John Mars 12.0 72 Arlington, VA candy, pet food

next 25 positions:
Rank Name Net Worth ($bil) Age Residence Source
26 Ronald Perelman 11.5 65 New York, NY leveraged buyouts
27 Kirk Kerkorian 11.2 91 Los Angeles, CA investments, casinos
28 Leonard Blavatnik 11.0 51 New York, NY Access Industries
28 Edward Johnson III 11.0 78 Boston, MA Fidelity
28 George Soros 11.0 78 Westchester, NY hedge funds
31 Philip Knight 10.5 70 Beaverton, OR Nike
32 John Kluge 9.0 94 Palm Beach, FL Metromedia
33 Jeffrey Bezos 8.7 44 Seattle, WA Amazon
33 James Goodnight 8.7 65 Cary, NC SAS Institute
35 Charles Ergen 8.1 55 Denver, CO EchoStar
36 Philip Anschutz 8.0 68 Denver, CO investments
36 Steven Cohen 8.0 52 Greenwich, CT hedge funds
36 Donald Newhouse 8.0 78 Somerset County, NJ publishing
36 Samuel Newhouse Jr 8.0 80 New York, NY publishing
40 Dan Duncan 7.6 75 Houston, TX energy
41 James Simons 7.4 70 East Setauket, NY hedge funds
42 Harold Hamm 7.0 62 Oklahoma City, OK Continental Resources
42 Pauline MacMillan Keinath 7.0 74 St Louis, MO inheritance
42 Cargill MacMillan Jr 7.0 81 Wayzata, MN inheritance
42 Whitney MacMillan 7.0 79 Minneapolis, MN inheritance
42 Marion MacMillan Pictet 7.0 75 Haton, Bermuda inheritance
47 Rupert Murdoch 6.8 77 New York, NY News Corp
48 Eli Broad 6.7 75 Los Angeles, CA investments
49 David Geffen 6.5 65 Malibu, CA movies, music
49 James Kennedy 6.5 60 Atlanta, GA Cox Enterprises

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