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Bill Gates no longer the richest man

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Old 04-04-2004, 11:42 PM
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Bill Gates no longer the richest man

He has been knocked off by the IKEA founder :eek3:


IKEA founder jumps Gates as world's richest
IKEA founder Ingvar Kamprad flies economy class but has reportedly dislodged Microsoft's Bill Gates as the world's richest man.

Swedish television reports say the founder of the retail furniture chain has overtaken Mr Gates on the world's rich list.

Citing next week's edition of the Swedish business weekly Veckans Affarer, public service SVT2 television says Mr Kamprad, 77, has a personal fortune of $US53 billion ($70 billion).

Mr Gates's fortune is put at $US47 billion ($62 billion), according to the latest list of the world's rich in Forbes magazine, SVT2 says.

Mr Kamprad, known for frugal habits such as flying economy class, lives in Switzerland and no longer takes part in the daily running of IKEA.

But he has kept ownership of the company in the family.

IKEA has more than 180 stores in more than 30 countries.

SVT2 says the US dollar's slide against other currencies is the main reason why Mr Kamprad has now overtaken Mr Gates.

http://www.abc.net.au/news/newsitems/s1081022.htm
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Old 04-04-2004, 11:48 PM
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but bill gates 7 yrs ago was richer then anybody will be for many many years.

rockafeller was still richer then anybody has been, if you take his fortune and adjust it to todays money.
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Old 04-05-2004, 12:01 AM
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Quote:
Originally Posted by JMX
but bill gates 7 yrs ago was richer then anybody will be for many many years.

rockafeller was still richer then anybody has been, if you take his fortune and adjust it to todays money.
and Big Mike 7 yrs ago was younger than I am now




live in the now :fingers2:
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Old 04-05-2004, 05:04 AM
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I got $100 dolars!!!
 
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Old 04-05-2004, 09:52 AM
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Donald Trump is no slouch, he loses to the other two in dollar amount (I think his net worth is somewhere around $25 billion) but he is a lot more decadent and ridiculous.
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Old 04-05-2004, 02:13 PM
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Quote:
Originally Posted by Big Mike
He has been knocked off by the IKEA founder :eek3:

Citing next week's edition of the Swedish business weekly Veckans Affarer, public service SVT2 television says Mr Kamprad, 77, has a personal fortune of $US53 billion ($70 billion).

http://www.abc.net.au/news/newsitems/s1081022.htm

Jeees and 1BIllion=1000 million !!!
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Old 04-05-2004, 02:16 PM
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Originally Posted by JMX
but bill gates 7 yrs ago was richer then anybody will be for many many years.

rockafeller was still richer then anybody has been, if you take his fortune and adjust it to todays money.
Neither did he pay as much (propotionally) in taxes compared to today.
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