The war for riches never ends. Forbes 400 list recently gets an update.
The rich haven’t gotten richer–or poorer–this year. The price of admission to this, the 27th edition of The Forbes 400, is $1.3 billion for the second year in a row. The assembled net worth of America’s wealthiest rose by $30 billion–only 2%–to $1.57 trillion.
With a net worth of $57 billion, Bill Gates remains the richest man in America despite losing his crown to Warren Buffett for a few months this spring. Buffett’s shares in Berkshire Hathaway have fallen 15% since February.
The average net worth of The Forbes 400 is $3.9 billion.