June 21, 1999 |
A booming stock market and newly created Internet wealth has expanded the world's billionaires club and pushed the collective net worth of the richest 200 working people beyond $1 trillion, Forbes magazine says in its latest ranking of billionaires around the globe. Just as the Internet has sped the pace of life today, hastening everything from stock trading to travel planning, it also has accelerated the creation of wealth--particularly among the richest individuals.
June 6, 2013 |
Yes, it's that time of year again. Time for Forbes magazine to unveil its list of the 100 highest-paid athletes in the world. After losing the top spot last year to boxer Floyd Mayweather, Tiger Woods reclaims the top spot, earning $78.1 million from June 1, 2012 to June 1, 2013. Tennis star Roger Federer is second, with $71.5 million. Lakers star Kobe Bryant is third, with $61.9 million. Last year's leader, Mayweather, dropped to 14th this year. Forbes' figures include salaries, bonuses, prize money, appearance fees, as well as licensing and endorsement income.
October 11, 1988 |
Here is Forbes magazine's 1988 list of the 400 richest Americans in descending order of wealth, showing estimated fortune in millions, residence, source of wealth and age. Duplicated numbers represent ties; boldfaced entries are used to designate Californians. 1) Sam Moore Walton, $6,700, Bentonville, Ark., Wal-Mart Stores, 70. 2) John Werner Kluge, $3,200, Charlottesville, Va., Metromedia, 75. 3) Henry Ross Perot, $3,000 Dallas, Electronic Data Systems, 58.
May 18, 1993 |
Forbes Inc. appointed Caspar Weinberger chairman and named Jeffrey Cunningham publisher of Forbes magazine, the company announced on Monday. Weinberger, 75, fills a position that has remained vacant since the 1990 death of founder Malcolm S. Forbes. The former secretary of defense under President Reagan joined Forbes in 1989, becoming the magazine's fourth publisher. "Seven years ago, Forbes Inc. was known mainly as the publisher of Forbes magazine," said Malcolm S. Forbes Jr.
October 25, 1987
James Flanigan's column on family farm tax breaks, which pointed out that Tyson Foods of Springdale, Ark., was able to defer millions in taxes, seems timely and appropriate. Especially so since the day before we saw in The Times that two of the Tysons are on Forbes magazine's list of America's 400 richest people. That is a loophole that should be closed. DALE A. MAC DONALD Beverly Hills
September 8, 1988 |
Former Secretary of Defense Caspar W. Weinberger will become publisher of Forbes magazine at the start of next year, Forbes Chairman Malcolm S. Forbes announced today. Weinberger, who resigned from the Reagan Administration in November after seven years, was president of the Harvard Crimson as an undergraduate at Harvard and has worked as a newspaper columnist and TV moderator. He replaces James J. Dunn, publisher since 1966.
March 7, 2003 |
Forbes magazine lawyers told a court in London that allegations the publication made in a 1996 article about Russian businessman Boris Berezovsky were false. Forbes accepts that "it was wrong to characterize Mr. Berezovsky as a mafia boss," lawyer David Hooper said in a statement to the court made jointly with Berezovsky. Forbes agreed not to repeat claims made in the article about Berezovsky and Nikolai Glouchkov. As a result, the two men said they would drop a libel action.