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dellinger63

12-30-2014 11:54 AM

2014 Not a Very Good Year for World's 400 Richest

In 2014 the World's 400 Cakiest added $92 billion to their portfolios. The top nine individuals on the list accounted for $95.3 billion or all of it and the top man more than 25% of it.

Take the top nine out of the equation and the remaining 391 or 97.75% of the world's wealthiest collectively lost money.

http://www.bloomberg.com/news/2014-1...ba-surges.html

jms62

12-30-2014 03:50 PM

Quote:

Originally Posted by dellinger63 (Post 1010529)

Without looking at the list I would say it is all about the oil for those that lost money.

dellinger63

12-31-2014 07:30 AM

Quote:

Originally Posted by jms62 (Post 1010537)

Without looking at the list I would say it is all about the oil for those that lost money.

The solar companies didn't fare well either. ;)

What I found a bit disheartening was that the WORLD'S top 400 assets amount to $4 trillion and would cover only a quarter of this country's debt.

The diamond in the rough of the story is the top gainer of 2014, the man who made over $25 billion, started off his career as a school teacher and grew up neither in a castle nor a mansion.

Next lifetime! :rolleyes:

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