Home > Economy, Trends > 400 Families Own Half of Americas Wealth – Part II

400 Families Own Half of Americas Wealth – Part II

March 11, 2011

March 10, 2011 Voice of America reports:

The billionaires’ club is growing. Forbes magazine’s annual list shows there are now 1,210 billionaires around the world – that is 199 more than last year. Although the world’s top three earners are unchanged from last year, the newcomers in the list of the world’s richest, did not come from the U.S. or Western Europe, but from Russia and the Asia Pacific region.

Despite a difficult recession for many, the wealth of the world’s billionaires is up 25 percent. And their average net worth is now $3.7 billion – $3.5 billion last year. The U.S. still has more billionaires than any other country.

The Forbes 400 – click here

Who Are They?Go to Forbes, click here

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