Are you in need of a reminder of just how poor you are? Well, rejoice! Forbes released the “Forbes 400: The Definitive List of Wealthiest Americans,” which shows us poor serfs just how much money we don’t have.
For the first time since 1994, Microsoft’s Bill Gates wasn’t at the top of the list. He was knocked off by Amazon CEO Jeff Bezos, who is worth a cool $160 billion (a mere $63 billion more than Bill Gates). The rankings feature a smattering of the usual suspects — the Koch brothers, Elon Musk, Warren Buffet, Mark Zuckerberg, and Google’s Larry Page.
Quicken Loans founder and Cavs majority owner Dan Gilbert came in at No. 71 with a total worth of $7.1 billion.
Gilbert, however, gets the added distinction of being listed as an “impact investor” whose goal is to have a “social or environmental impact, plus financial returns.” Thus, he is one of 20 wealthy individuals on the list with a blue star next to his name, which he earned for his alleged social or environmental impact in Cleveland and Detroit.
And in case you were wondering about our presidential Cheeto, Donald Trump dropped 11 spots to No. 259 this year despite his total worth staying consistent at $3.1 billion.
This article appears in Oct 3-9, 2018.
How nice that all the people of northeast Ohio were able to help hi. Stuff his pockets with sport subsidies, gambling additiction and developer handouts.
Clevelanders be proud you put a guy on the list. And watch him take all our money back to Detroit.