Billionaire List

Today Forbes released its list of worldwide billionairesThe Times’ Dealbook had a very interesting summation of it in which they point out

The list of billionaires has almost doubled in the past four years, Forbes said. There were 469 billionaires in the United States, worth a combined $1.6 trillion, while the 656 billionaires who live outside the United States are worth $2.8 trillion.

If you consult Wikipedia’s List of Countries by GDP, you’ll see that if those 469 American billionaires were to team up and form their own country, it would have the world’s 8th largest GDP, right between Italy and Spain. (That is, if you don’t count the EU as one nation.)  I think Warren Buffett has the right idea in planning to give away 85% of his fortune.

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~ by jaredran on March 6, 2008.

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