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Forbes 400

            When most people think of the rich, athletes and entertainers come to mind. But after taking a survey from the Forbes Top 400, a list that represents the 400 richest people in the United States, shows that athletes are even part of the list. But instead it is full of people that most have never heard of, even though most of us buy their products on a regular basis. The list shows that most of the people who are on the list have either a bachelors degree or a masters degree. If one did not hold a degree then most likely they had inherited their fortune from the person before them. The survey also showed that age was a determining factor in being one of the richest in the U.S. This is not because of some 401K plan that built up over time but because they were self made. Almost 75 percent of the individuals on the list were self made most because they were living in an age where most money making ideas were not tapped into. Today it is very difficult to start any kind of business that in time will expand because of perfect competition that is in this country. But not all of the self made billionaires and millionaires took the tough road by starting their own business, but instead took the easy road, which is probably the smart way to become rich today, by just buying out a company that was already established. There are a lot of different occupations that are represented in my survey. There is anything form entertainment agencies to healthcare or shopping services to oil tycoons. Even though they all made their money in different ways there is one thing that they all have in common, and that is that they all made good decisions with their money and looking at their ages had the patience to stay with those decisions. .
            


Essays Related to Forbes 400

1. Business Overview - Goldman Sachs

... leverage to bargain with them. 4. Buyer Power Goldman Sachs has a reputation to provide the best investment ideas to their clients and they have been the choice of 45% of the Forbes 400 wealthiest individuals worldwide. Goldman Equity division has been providing advisory services in planning investment strategies to top corporations and many different governments. Goldman's security services group engage in securities lending ... god, and in return they will make you a gazillionaire." Bibliography "Macro Environmental Factors That Affect Firms." Macro Environmental Factors That Affect ...

  • Word Count: 2231
  • Approx Pages: 9
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2. Coca-Cola Ent.

... having a lower priced stock has certainly worked to CCE's advantage. Between May 8, 2003 and May 9, 2003 CCE increased its volume by 361,400. Contrarily, for the same period, PEP only increased its volume by 191,300. The highest and lowest stock price range over the most recent ... how much product CCE is selling. CCE's sales volume is up 2.5 percent in the first quarter including a 1.5 percent rise in the North American market (Forbes 2003). This is all shown in the chart 1-1 below. 4.1. This increase has come as two major U.S. bottlers have reported declines. CCE earned $27 million .....

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3. An Ethical Dilemma at Coca-Cola

... out selling nine drinks per day, Coca-Cola has grown to be the world's most universal brand, with more than 1.7 billion beverage servings sold each day from any of their 400 plus brands. 3.1% of all beverages consumed around the world today are Coca-Cola products. Coca-Cola mission is to refresh the world- in mind, body and spirit, to inspire moments ... and even in countries where they do not manufacture Coca-Cola, it is nearly always available, as many entrepreneurs will import it from neighboring countries. Coca-Cola is currently #3 on Forbes lists with sales of $48.02 billion. Muhta...

  • Word Count: 3319
  • Approx Pages: 13
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4. Fox: My News Source?

... year, as of June "03(www.fortune.com). Not only does his company do well, but so does Murdoch. He is 27 on the Forbes 400 list of the richest people, a self-made billionaire, and is worth 7.2 billion(www.forbes.com). Entertainment is a very broad category, yet News Corporation owns pieces of it all. Along with television, it also has parts in film ... ...

  • Word Count: 853
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5. Strategic Management of the FedEx Corporation

... -year milestone; Federal Express (now FedEx Express) began its first night of continuous operations in 1973. - FedEx teams again with Amazon.com - FedEx Express and FedEx Home Delivery delivered over 400,000 copies of "Harry Potter and the Order of the Phoenix" (up from the previous release of 250,000) in a single day. (About FedEx, FedEx Historical Timeline; About UPS, Company ... is crucial to large companies like FedEx. When competing in an industry with such large and well-run players, image is a key differentiator when the purchase-decision arises. According to Forbes magazine (Jan ...

  • Word Count: 9819
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6. Debt Ceiling Bill Could Mean Drastic Reductions in Military Spending

... what do we do when we get a shock to our system like 9/11? The fact is we haven't turned down wars, not even President Obama," he said (Brook). Representative Randy Forbes, chairman of the House Armed Services Committee on military readiness, voted against the bill and cautioned many that military spending could not endure such reductions "in a world that's not getting ... any safer" (Brook). In April, Obama asked the Defense Department to reduce their budget by $400 billion in the next 12 years. Military officers were busy conceding to that request when he replaced it with $350 billion...

  • Word Count: 792
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7. Mother Earth Needs the Pill

... contacts. Your view on this would likely be related to your stance on issues such as economic growth, environmental protection, or even abortion laws. For example, the deputy editor of Forbes magazine wanted to encourage population growth when he stated; "If all the people in China and India lived in the United States (excluding Alaska), this country would still have a lighter ... Earth. Table A- Human Population Density on Earth Table B- Zero Population Growth 2020 Years Population Added Comments 0 300,000,000 10,000,000 1000 310,000,000 90,000,000 1250 400,000,000 100,000,000 1500 500...

  • Word Count: 1988
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8. The Bernie Madoff Story

... his victims were paying with their savings. is conned community celebrities like Stephen Spielberg, Authors Erick Roth and Stephen Greenspin who's an expert on Gullibility; some loosing as little as $400,000 to millions of dollars. Larry King was also a victim who over the years had put in four million dollars but luckily he was able to get back his money ... they went in they discovered he did have money on the books. "If Madoff hadn't faced $7 billion in redemptions his Ponzi scheme might not have been Discovered" (www.forbes.com) people fell for it because he had become a master con ...

  • Word Count: 1193
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9. Research And Development

... . More than 40 million personal computers are manufactured worldwide during this year alone. 1997 Oracle Computers introduces a relatively inexpensive "network" computer that bypasses Windows and goes directly to the Internet. Forbes magazine reports that among the top-50 wealthiest Americans are several people associated with the personal computer business: Gates ($40 billion), Allen ($17 billion), Lawrence Ellison (Oracle; database and spreadsheet ... . That's about four times faster than the previous record holder, another IBM creation that performed 3 trillion calculations per second ...

  • Word Count: 5057
  • Approx Pages: 20
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  • Grade Level: Undergraduate

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