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List of wealthiest in U.S. includes 1 isle resident

Most of the names in the Forbes ranking are the same as last year's, now only richer

By Bree Fowler

Associated Press


BSN - Pierre Omidyar speaks during a news conference after the 2010 Top 250 Business luncheon on Thursday, Sept. 9, 2010 at the Waikiki Beach Marriot's Kona Moku Ballroom.  Omidyar, the founder of eBay and the publisher of the Honolulu Civil Beat, was the keynote speaker.  (Jamm Aquino/Honolulu Star-Advertiser).

NEW YORK » Life is good for America's superwealthy.

Forbes on Monday released its annual list of the top 400 richest Americans, which included one Hawaii resident: eBay founder Pierre Omid­yar. While most of the top names and rankings didn't change from a year ago, the majority of the elite club's members saw their fortunes grow over the past year, helped by strong stock and real estate markets.

"Basically, the mega-rich are mega-richer," said Forbes Senior Editor Kerry Dolan.

Dolan noted that list's minimum net income increased to a pre-financial crisis level of $1.3 billion, up from $1.1 billion in 2012, with 61 American billionaires not making the cut. "In some ways it's harder to get on the list than it ever has been," she said.

Microsoft Corp. co-founder Bill Gates remains America's richest man, taking the top spot on the list for the 20th straight year, with a net worth of $72 billion, up from $66 billion a year ago.

Investor Warren Buffett, head of Berkshire Hathaway Inc., posted another distant second-place finish with $58.5 billion but increased his net worth from $46 billion.

Oracle Corp. co-founder Larry Ellison stayed third with $41 billion and was the only member of the top 10 whose net worth was unchanged from a year ago.

Brothers Charles and David Koch, co-owners of Koch Industries Inc., stay tied for fourth with $36 billion each, up from $31 billion in 2012.

Walmart heirs Christy Walton, Jim Walton, Alice Walton and S. Robson Walton took the next four spots, with holdings ranging from $33.3 billion to $35.4 billion, all increasing from year-ago levels.

New York City Mayor Michael Bloomberg, founder of the eponymous financial information company, rounds out the top 10 with $31 billion, up from $25 billion.

Omidyar, 46, was tied for 47th place at $8.5 billion. The Hono­lulu resident and Punahou School graduate and trustee slipped from 42nd place in 2012.

According to Forbes, 273 members of the list are self-made billionaires, while 71 inherited their wealth and another 56 inherited at least some of it but are still growing it.

Facebook co-founder Dus­tin Mos­ko­vitz, who was 85th with a net worth of $5.2 billion, was the youngest member on the list at the age of 29.

On the flip side, the oldest person on the list is 98-year-old David Rockefeller Sr. at No. 193 with a net worth of $2.8 billion.

Hawaii resident and eBay founder Pierre Omidyar made the Forbes 400 list again. The top people on the list:
1. Bill Gates Medina, Wash. $72B
2. Warren Buffett Omaha, Neb. $58.5B
3. Larry Ellison Woodside, Calif. $41B
4. Charles Koch Wichita, Kan. $36B
(tie) David Koch New York $36B
6. Christy Walton & family Jackson, Wyo. $35.4B
7. Jim Walton Bentonville, Ark. $33.8B
8. Alice Walton Fort Worth, Texas $33.5B
9. S. Robson Walton Bentonville, Ark. $33.3B
10. Michael Bloomberg New York $31B
47. Pierre Omidyar Honolulu $8.5B
Source: Forbes

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buds4life wrote:
Please Mr. Omidyar can you see in heart to be a benefactor of the University of Hawaii-Manoa and I'm not talking about their athletic program. The campus is in need of upgrading academically and structurally. I know you're not a grad from UH but if given a substantial gift, perhaps the regents can rename it to University of Pierre-Hawaii campus.
on September 17,2013 | 04:32AM
allie wrote:
agree. I have begged the campus to put its academic programs first
on September 17,2013 | 07:33AM
joshislost wrote:
just like we have begged you to leave get off of SA.BUT just like UH it wont happen but wish it will
on September 17,2013 | 08:18PM
tigerwarrior wrote:
And pretty please Mr. Omidyar--can you find it in your heart to offer something especially for Hawaii residents--similar to Amazon.com's Free Super Saver Shipping. I love to bid for items auctioned off on eBay--but often get turned off when the price of shipping to Hawaii often exceeds the cost of the item. Many sellers I've come across exclude Hawaii from their shipping arrangement. It's almost as if Hawaii isn't one of the 50 states. I could go on and on--but I think you got my point. Thanks for hearing me out.
on September 17,2013 | 06:32PM
Silversword wrote:
...and please Mr Omidyar, don't use your wealth to further urbanize Hanalei Bay on Kauai, where your plans for an ultra-luxury resort (including 34 multi-miliion-dollar mansions) at the mouth of the Hanalei River, across from Black Pot Beach Park, have been met with united community opposition. Instead, help us all DEFEND HANALEI and commit your 122 acres of forested waterfront green space to conservation in perpetuity. E malama Hanalei!
on September 17,2013 | 05:47AM
Mclini wrote:
34 Homes makes for 'urbanization'? Wow... Small thinking will keep the Garden Isle economy struggling in 'perpetuity'...
on September 17,2013 | 08:16AM
vidinha77 wrote:
We'd rather 'struggle' in our island economy than have gorgeous, naturally beautiful sites razed for houses and parking lots to be put in
on September 17,2013 | 03:11PM
Wazdat wrote:
too bad He did not go to public school or UH. They could use some help
on September 17,2013 | 05:57AM
yamaco wrote:
If he had gone to public school or the UH he would not be where he is now.
on September 17,2013 | 06:56AM
allie wrote:
on September 17,2013 | 07:33AM
cojef wrote:
Funny, and ironically true.
on September 17,2013 | 07:38AM
HD36 wrote:
The unlisted richest families: The Rothchild Family, The Bush Family
on September 17,2013 | 07:38AM
mikethenovice wrote:
The HD36 family?
on September 17,2013 | 09:20PM
MariaBetty wrote:
Post your comments Civil Beat, he may read them there.
on September 17,2013 | 08:50AM
busterb wrote:
He didn't graduate from Punahou, he attended.
on September 17,2013 | 08:50AM
lowtone123 wrote:
UH should be wooing guys like Omidyar, Larry Ellsion & Steve Case to be benefactors and help support studies, research, development, scholarships and athletics.
on September 17,2013 | 10:35AM
dontbelieveinmyths wrote:
Maybe all the liberals on the list should give their money to the gov't. Or at least their "fair" share. Even rich liberal people know that the gov't doesn't know how to handle money.
on September 17,2013 | 01:30PM
HD36 wrote:
They sure know how to monetize the debt though. Printing up money to buy debt or US Treasury bonds is expected to slow down or taper tommorrow after the Fed's meeting at Jackson hole. This experiment though keeps the illusion of an economic recovery for now.
on September 17,2013 | 03:10PM
dcahawaii wrote:
Mr. Omidyar is not a "Punahou school graduate." He attended Punahou in the eighth and ninth grades, I believe. Most importantly, his wife, Pam, and her sister, Jennifer, attended Iolani School. Their mother taught science at Iolani. Fortunately, the Iolani smarts rubbed off on Mr. Omidyar and he was able to overcome his humble Punahou beginnings.
on September 17,2013 | 02:02PM
lee1957 wrote:
on September 17,2013 | 05:41PM
Maneki_Neko wrote:
Hey, if he spends $100,000 a day he'll run out of cash in about 250 years.
on September 17,2013 | 03:50PM
mikethenovice wrote:
Happy Birthday.
on September 17,2013 | 09:18PM
iwanaknow wrote:
How about fixing our state roads and name a section after his wife?
on September 17,2013 | 05:12PM
mikethenovice wrote:
Name a section of the road after the wife? OK. The section that splits into two like a Y shape?
on September 17,2013 | 09:19PM
loio wrote:
more power to him. congratulations on HIS success. we need more like him.
on September 17,2013 | 07:53PM
aomohoa wrote:
Nice comment with Aloha. Everyone posting seems to have a gimme gimme attitude.
on September 17,2013 | 09:36PM
mikethenovice wrote:
E-Bay and its fake smartphone. YouTube that.
on September 17,2013 | 09:17PM
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