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400 Richest Americans 2007

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400 richest americans
Forbes 400 Rich Americans List 2007
Review of the 400 wealthiest people in the United States of America,
according to the Forbes business magazine, 2007

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The Richest 400 Americans  2007 Forbes 400 Rich List - The Richest Americans in 2007

The Forbes 400 richest Americans list has been released for 2007. The magazine has proven that the American rich are getting richer and that being a billionaire is no longer enough for a place in the top four hundred wealthiest Americans.

Positions one, two, three and four at the top of the Forbes 400 remained the same as last year, with Bill Gates, Warren Buffett, Sheldon Adelson and Larry Ellison refusing to relinquish their places. The fabulous four all increased their wealth by at least $6 billion each, with the Las Vegas casino mogul Sheldon Adelson increasing his fortune by $8 billion in 12 months.

The most notable change of the top ten richest Americans is the absence of the Walton family members. Even though their wealth increased slightly from last year, the Waltons lost their four positions in the top ten, down to equal 12th (for Christy Walton, Jim Walton, and S Robson Walton with $16.3 billion), and Alice Walton in 15th position with $16.1 billion.

Their places were filled by the Google boys Sergey Brin and Larry Page, casino mogul Kirk Kerkorian, and the Koch Industries billionaires David and Charles Koch.

This was Forbes 25th anniversary edition of the richest 400 Americans and the fifth consecutive year of increases in the combined wealth of the 400 wealthiest Americans.

If you had one billion dollars last year and was one of the Forbes 400 listings, your net worth would have had to increase by 300 million over the past 12 months just to be included on the 2007 list. It now takes an amazing $1.3 billion US dollars to be on the exclusive list. The net worth of the Forbes 400 richest Americans is now a staggering $1.54 trillion, which is up $290 billion from last year.

Forbes had to leave off 82 American billionaires this year. Notable billionaires that didn't appear on the 400 richest include AOL's Steve Case, Disney's Michael Eisner, Reebok's Paul Fireman, and Howard Schultz of Starbucks,

The billionaire with the biggest increase was the casino mogul Kirk Kerkorian who saw his networth increase by $9 billion, with a B that is. Kerkorian's interest in MGM Mirage helped him move into the top ten with an $18 billion dollar fortune.

The Forbes 400 is published annually. The magazine says that their "estimates of net worth are deliberately conservative and should be considered 'at least' figures." While they try their hardest to measure the wealth of the richest Americans, by valuing the holdings in publicly traded and privately held companies, real estate holdings, fine art, big yachts and mansions, they can't always be exact with their figures. The wealthy usually don't know their own exact net worth, so Forbes has to round numbers to the $100 million and super net worths of more than $20 billion are rounded to the nearest billion.

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top 10 rich list Richest Top 10

Top 10 richest people in United States 2007 according to the Forbes business magazine.
(All figures in American Dollars)

1. Bill Gates, $59 billion, Microsoft
2. Warren Buffett, $52 billion, Berkshire Hathaway
3. Sheldon Adelson, $28 billion, Casinos
4. Larry Ellison, $26 billion, Oracle
5. Sergey Brin, $18.5 billion, Google
5. Larry Page, $18.5 billion, Google
7. Kirk Kerkorian, $18 billion, Tracinda Corporation
8. Michael Dell, $17.2 billion, Dell
9. Charles Koch, $17 billion, Koch Industries
10. David Koch, $17 billion, Koch Industries

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