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Friday, September 23, 2005

Price of admission - $900 millions

The is a list where being admmited requires over USD 900 million. The good thing is you don't have to pay it, you just have to own it.

Yes, I'm talking about the Forbes 400 richest Americans list.

Top of the list is, again, for the 11th consecutive year, Bill Gates of Microsoft. His wealth this year is of about USD 51 billions. He is followed, again, by Warren Buffet, with a total of USD 40 billions.

Noteworthy is the ascent of Google founders Sergey Brin and Larry Page, who were ranked 16th by Forbes with $11 billion each, up from No. 43 last year, when they each had a net worth of $4 billion. What is even more remarcable is that Brin's and Page's post-IPO wealth is raising at speeds faster than Bill Gates' wealth after Microsoft went public.

I am looking forward for the day when Google will make Microsoft "an offer they can't refuse".

Posted by Mihai : 9/23/2005 04:30:00 pm