The Riches.

So Forbes released its list of the 400 richest Americans and no surprise Bill Gates, Warren Buffet and the Google kids are at the top. Now I could give a rat’s ass about the 400, but what is more interesting is the few that have fallen from the list in recent years. However, as USA Today points out, they weren’t dropped because their businesses tanked but because they gave too much of their money away.

Forbes calls these the "Selfless" who fell off the list of the USA's 400 richest, not because their businesses went bust, but because they gave too much away.

Thomas Monaghan of Domino's Pizza. Fell off in 1999. His current net worth is $600 million after giving away $600 million.

Richard Goldman, a Levi Strauss heir. Fell off in 2001. Has given away $650 million. Current wealth: $350 million.

James Stowers Jr. of American Century mutual funds. Fell off in 2003. Has given away $1.2 billion. Current wealth: $800 million.

Herbert Sandler of Golden West Financial has a net worth of $500 million; his wife and former co-CEO Marion Sandler, $650 million. Both fell off the list in 2005, each having given $650 million. Bernard Osher, Marion's brother, has a net worth of $200 million and has given away $830 million.

Now I know that Buffet and Gates have been serious philanthropists lately, but to give away so much money it drops you from the list, now that’s giving. Then again, Gates could give a $5 billion away and still be the top dog. Still, it is comforting to know that some of the richest Americans aren’t just hoarding it all and swimming in their treasure like Scrooge McDuck.

I’d like to think that if I were a billionaire I’d give a lot away too. I mean come on, who really needs more than $100 million? Then again, I might just blow it all on hookers and booze.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>