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3/02/2015 4:13 pm  #1


Record 290 Newcomers Join Forbes Billionaires List, Including Michael

Record 290 Newcomers Join Forbes Billionaires List, Including Michael Jordan

http://www.forbes.com/sites/danalexander/2015/03/02/record-290-newcomers-join-forbes-billionaires-list-including-michael-jordan/

A record 290 newcomers joined the Forbes billionaires list in the last year as world markets defied international turmoil. While wars, diseases and currency crises made headlines, tycoons from every continent but Antarctica managed to mint new 10-figure fortunes.Nearly 25% of this year’s first-time billionaires hail from China, which produced a world-leading 71 newcomers. The United States came in second, with 57, followed by India, with 28, and Germany, with 23.The most famous rookie on the billionaires list? Michael Jordan, arguably the greatest basketball player of all time and indisputably the best-paid athlete of all time. Most of his cash comes from Nike payouts on his iconic brand. The Jordan brand grossed an estimated $2.25 billion in 2013, earning his Airness some $90 million. But his most valuable asset is his stake in the Charlotte Hornets, worth more than $500 million. When ex-Microsoft MSFT -0.24% CEO Steve Ballmer bought the Los Angeles Clippers for a stunning $2 billion, values of all NBA teams skyrocketed, creating three new billionaires. Jordan’s old boss Jerry Reinsdorf, owner of the Chicago Bulls, joined the list with a fortune of $1.3 billion, and Houston Rockets owner Leslie Alexander boosted his net worth to $1.6 billion.

Last edited by Common Sense (3/02/2015 4:13 pm)


 “We hold these truths to be self-evident,”  former vice president Biden said during a campaign event in Texas on Monday. "All men and women created by — you know, you know, the thing.”

 
 

3/02/2015 4:15 pm  #2


Re: Record 290 Newcomers Join Forbes Billionaires List, Including Michael

Must've missed me.

 

3/03/2015 9:47 am  #3


Re: Record 290 Newcomers Join Forbes Billionaires List, Including Michael

And the middle and poor class wonder where all the money is. Well, there ya go.

 

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