Friday, September 22, 2006

Forbes 400 Richest Americans: Special Edition - Yahoo! Finance

Forbes 400 Richest Americans: Special Edition - Yahoo! Finance: "The Billionaires' Club

Edited by Matthew Miller and Tatiana Serafin

A nine-figure fortune won't get you much mention these days, at least not in these pages. This year, for the first time, everyone on The Forbes 400 has at least $1 billion. The collective net worth of the nation's wealthiest climbed $120 billion, to $1.25 trillion.

Surging real estate, oil and other asset prices paved the way for 28 new members. Developer John P. Manning used political savvy to build a $1.1 billion fortune, in part by brokering low-income housing projects.

Chesapeake Energy founders Aubrey McClendon and Tom L. Ward are two of the oil fortunes added to the list. Pouring 40 million caffeinated drinks a week landed Starbucks honcho Howard Schultz on our list of America's 400 richest."

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