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Forbes Rich American List 2005
Review of the United States richest people
according to the Forbes business magazine, 2005

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The Richest 400 Americans 2005 Forbes Rich List - The Richest 400 Americans 2005

The Forbes business magazine released its list of the 400 wealthiest Americans recently, with mr Microsoft Bill Gates topping the list at number one again. The 400 richest Americans increased their combined value again and surpassed the one trillion American dollars mark, just like last year. America's richest increased their total value by $US125 billion, bringing their combined total value to a staggering $1.13 trillion USD.

While Bill Gates grew his wealth by $3 billion in 12 months, the Oracle of Omaha Warren Buffett dropped a billion from last year. Micheal Dell nudged his way closer to the top of this list, moving up from position 9 in 2004 to the 4th richest American in 2005 with an increase of $4 billion to have an estimated $18 billion in assets. The Walton family remained dominant in the top ten with 5 family members listed. John Walton was dropped from the list after he was killed in a plane crash, and is now replaced by his wife Christy Walton ($15.7 billion).

Technology entrepreneurs played a large role in the list in 2005, with Paul Allen, Larry Ellison, Jeff Bezos, Steve Ballmer and Pierre Omidyar representing tech giants like Ebay, Amazon.com, Microsoft and Oracle. But the Google duo Larry Page and Sergey Brin made the most impressive gains. Since the search engine Google went public last year the value of their company has soared to almost tech bubble heights. Last year they shared position 43 with a mere $4 billion, while this year they share position 16 with an impressive $11 billion each. The 32 year olds are taking advantage of their market position and are continually releasing new features and acquiring companies that fit into their mix of businesses. New services from Google include Gmail, Google Maps, and Google Mobile, while acquired businesses include the fascinating Google Earth.

The largest gainer on the list was the casino entrepreneur from Las Vegas Sheldon Adelson with amazing increase of $8.5 billion. While the paupers on this year's list had a paltry $900 million!. One almost has to be a billionaire to be listed on the Forbes richest 400 Americans, up from the $750 million needed to be on the list in 2004.

This was Forbes 24th year of profiling the richest Americans and the third consecutive year of increases in the combined wealth of the 400 wealthiest.



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top 10 rich list Richest Top 10

Top 10 wealthiest people in United States 2005 according to the Forbes business magazine.
(All figures in American Dollars)

1. Bill Gates, $51 billion, Microsoft
2. Warren Buffett, $40 billion, Berkshire Hathaway
3. Paul Allen, $22.5 billion, Microsoft
4. Michael Dell, $18 billion, Dell
5. Lerry Ellison, $17 billion, Oracle
6. Christy Walton, $15.7 billion, Wal-Mart
7. Jim Walton, $15.7 billion, Wal-Mart
8. S. Robson Walton, $15.6 billion, Wal-Mart
9. Alice Walton, $15.5 billion, Wal-Mart
10. Helen Walton, $15.4 billion, Wal-Mart

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