September 20, 2003

Forbes 400

Posted by Jon Mandle

Forbes magazine has published their list of the 400 richest people in America. Together, their net worth is up 10% from last year, to $995 billion. The accompanying article begins: “Up from the ashes. After two years of declining values, the rich finally got richer.”

Finally.

Posted on September 20, 2003 02:33 AM UTC
Comments

“Declining values”? It’s too early for me to be properly pedantic, but isn’t that valuation?
And a whole two years. The poor dears, we should have started a collection or something.

Posted by Dave · September 20, 2003 09:16 AM

“Declining values”? It’s too early for me to be properly pedantic, but isn’t that valuation?

Nah. Fortune’s constituency thinks valuation is the same as value, just as it thinks an inheritance is the same as heritability.

Posted by Kieran Healy · September 20, 2003 09:47 AM

Finally. At last. Not before time. I thought they would never. I’ve been waiting and waiting. Etc. Why, there are rich people of my acquaintance who only have four houses and four Mercedes. It’s an outrage!

Posted by Ophelia Benson · September 20, 2003 05:47 PM

Hey, ten percent of their net worth is about what Bush asked for in Iraq…. I see possibilities.

Posted by Martin Wisse · September 21, 2003 10:56 PM

Is there an actual visceral enjoyment of seeing how rich some people are? And entertainment in seeing them get richer? I guess there is if you’re reading Forbes.

Posted by Michael R · September 23, 2003 12:51 AM

How many of the Richest 400 would be on the list of the Happiest 400?

Posted by Michael · October 1, 2003 11:42 PM
Followups

→ How they suffer..
Excerpt: "After two years of declining values, the rich finally got richer."What a relief! ("The Richest People in America." Forbes 10.6.03; thanks, Crooked Timber!)...Read more at Philocrites

This discussion has been closed. Thanks to everyone who contributed.