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RE: Worlds richest man.
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RE: Worlds richest man. - Apr. 28 2008 19:28:20   
carl19


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quote:

ORIGINAL: muscleman2008

Im not sure if that was sarcastic or not but in my mind $29 billion is a lot. And the things he has given to are worthwhile things such as a foundation to create a mosquito that when it bites you makes you immune to malaria.



is that at me

im serious... with that much given money how is there people starving

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quote:

ORIGINAL: Titch

stone14, I am going to refrain from posting in this thread until I can come up with a polite way of saying:

'You sound like a remarkably uninformed, slightly slow, stupid tw*t'.


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Post #: 21
RE: Worlds richest man. - Apr. 28 2008 19:28:25   
chrismac


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I agree Kitty - unlike the Hiltons!

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RE: Worlds richest man. - Apr. 28 2008 19:31:49   
muscleman2008

 

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quote:

is that at me

im serious... with that much given money how is there people starving


It was, no offence by the way. I just get a bit paranoid because some people tend to jump down throats when enthusiasm is shown towards an issue.

The amount of money given away is vast which leads me t beleive that maybe the problem in the third world countries is not money, it is probably something to do with governments and disease.

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Post #: 23
RE: Worlds richest man. - Apr. 28 2008 21:39:20   
ThaiFighter

 

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quote:

ORIGINAL: muscleman2008

quote:

is that at me

im serious... with that much given money how is there people starving


It was, no offence by the way. I just get a bit paranoid because some people tend to jump down throats when enthusiasm is shown towards an issue.

The amount of money given away is vast which leads me t beleive that maybe the problem in the third world countries is not money, it is probably something to do with governments and disease.

Exactly.

It's a Fisherman / Rod scenario.

Have you seen the govt's of Africa? South Africa has the most stable govt. in the region, and the president still says AIDs is caused by witchcraft....

I mean...honestly?

It's partly a Western problem because we only ever act is everyone else is on board - forgetting that we're part of a select group of maybe 35 countries with democratic, mature govt. structres.

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Post #: 24
RE: Worlds richest man. - Apr. 28 2008 21:41:42   
uncle_peter

 

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That was down to Microsofts share price, they said that if the price kept on going the way it was he would have been the first and only trillionair.

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Post #: 25
RE: Worlds richest man. - Apr. 28 2008 21:43:38   
Tomazi8


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quote:

I wonder what Warren does in his spare time.



i bet he still watches internet blue

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RE: Worlds richest man. - Apr. 28 2008 21:44:58   
muscleman2008

 

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Intervention is not wanted by some countries (zimbabwe) being an example. Another issue is our reputation. People dont like us because we try and help at every opportunity whether it is our business or not, so i think we are less inclined to help other nations at present.

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Post #: 27
RE: Worlds richest man. - Apr. 28 2008 22:24:36   
BIGDOWNUNDER


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Remembering these amounts are what are claimed to the tax man-imagine the real amounts -I bet theres a few columbian gentlemen with a sh*tload more cash than these guys

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Post #: 28
RE: Worlds richest man. - Apr. 28 2008 23:16:48   
galenkia


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The 4th place man,Lakshmi Mittal,is QPR's new joint owner with Flavio Briatore.Hopefully he will invest a few quid in the summer.

He made his money from taking over British Steel and making it into a profitable buisness.

He apparantly earns £964,000 A DAY.

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Post #: 29
RE: Worlds richest man. - Apr. 28 2008 23:21:14   
Dwarfenegger

 

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Look at the age difference though.. There's 25 years difference between their ages.. bill has plenty of time to spend his money, warren aint...

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Post #: 30
RE: Worlds richest man. - Apr. 28 2008 23:25:32   
Wheels

 

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quote:

ORIGINAL: BIGDOWNUNDER

Remembering these amounts are what are claimed to the tax man-imagine the real amounts -I bet theres a few columbian gentlemen with a sh*tload more cash than these guys



No, this is very very unlikely. You can't stuff 60 bil under your pillow. Even Pablo at his height had only a meer faction of the kind of wealth Gate or Buffet have.

Wheels



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Post #: 31
RE: Worlds richest man. - Apr. 28 2008 23:35:06   
Shades of Jay

 

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quote:

ORIGINAL: knockedout90

Warren Buffett, worth 62 billion, more than Bill gates .

The thing that gets me the most is that in 2006 his annual income was 50k or $100000.

I would probable have trouble spending that much money lol, and I'm good at splashing cash

wiki link http://en.wikipedia.org/wiki/Warren_Buffett

also list of the 100 wealthiest people of which Bill gates is now 3rd

http://en.wikipedia.org/wiki/List_of_billionaires_%282008%29



Ha, the richest man in the world - i don't think so.

The Rothchild family fortune is estimated at between 100-300 Trillion US dollars by many economists. This makes them several hundred times richer than Mr Buffett.

Whilst this may seem totally ridiculous, they are shareholders in the Federal Reserve, Bank of England, Bank of Canada, Bank of Australia & new zealand, and who know what else, Shareholders of the Bank of International Settlements, the World Bank, & the IMF. Bankrupted all countries, gov't & monarchies. These people have funded both sides of every major war for more than 200 years.


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Post #: 32
RE: Worlds richest man. - Apr. 28 2008 23:40:44   
Wheels

 

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quote:

The Rothchild family fortune is estimated at between 100-300 Trillion US dollars by many economists. This makes them several hundred times richer than Mr Buffett.


Name one.

Wheels

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Post #: 33
RE: Worlds richest man. - Apr. 28 2008 23:48:11   
Shades of Jay

 

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An excellent article written 18 months ago by Paul Joseph Watson & Alex Jones, predicting everything that has happened in the economy in the last 18 months. Including why Buffett and Gates wanted to sell-off of the dollar in time for the planned economic crash.

http://www.prisonplanet.com/articles/december2006/011206dollarfall.htm



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Post #: 34
RE: Worlds richest man. - Apr. 28 2008 23:56:53   
Shades of Jay

 

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quote:

ORIGINAL: Wheels

quote:

The Rothchild family fortune is estimated at between 100-300 Trillion US dollars by many economists. This makes them several hundred times richer than Mr Buffett.


Name one.

Wheels


Frederic Morton (1962 ),

(in reply to Wheels)
Post #: 35
RE: Worlds richest man. - Apr. 28 2008 23:58:05   
Shades of Jay

 

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quote:

ORIGINAL: Wheels

quote:

The Rothchild family fortune is estimated at between 100-300 Trillion US dollars by many economists. This makes them several hundred times richer than Mr Buffett.


Name one.

Wheels



Morton (1962) noted that the Rothschild wealth was estimated at over $6 billion US in 1850. Not a significant amount in today's dollars; however, consider the potential future value compounded over 147 years!

Taking $6 billion (and assuming no erosion of the wealth base) and compounding that figure at various returns on investment (a conservative range of 4% to 8%) would suggest the following net worth of the Rothschild family enterprise:


$1.9 trillion US (@ 4%)
$7.8 trillion US (@ 5%)
$31.5 trillion US (@ 6%)
$125,189.1 trillion US (@ 7%)
$491,409.0 trillion US (@ 8%)


To give these figures some perspective consider these benchmarks:

A little of $300 billion US buys every ounce of gold in every central bank in the world (see John Kutyn's estimate (http://www.gold-eagle.com/gold_digest/kutyn111597.html).
U.S. M3 money supply August 1997 was $5.2 trillion
U.S. debt is currently $5.4 trillion.
U.S. GDP (1997; 2nd Q.) is $8.03 trillion.
George Soros' empire is worth an estimated $20 billion.


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Post #: 36
RE: Worlds richest man. - Apr. 28 2008 23:59:20   
Wheels

 

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quote:

ORIGINAL: Shades of Jay

An excellent article written 18 months ago by Paul Joseph Watson & Alex Jones, predicting everything that has happened in the economy in the last 18 months. Including why Buffett and Gates wanted to sell-off of the dollar in time for the planned economic crash.

http://www.prisonplanet.com/articles/december2006/011206dollarfall.htm


Really? The only one I can see is that there was to be a gobal crash to create a world government. Did this happen? I may have missed it.....

Wheels




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Post #: 37
RE: Worlds richest man. - Apr. 29 2008 0:02:26   
Shades of Jay

 

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^^^ No but it will.

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Post #: 38
RE: Worlds richest man. - Apr. 29 2008 0:07:58   
Wheels

 

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quote:

ORIGINAL: Shades of Jay


quote:

ORIGINAL: Wheels

quote:

The Rothchild family fortune is estimated at between 100-300 Trillion US dollars by many economists. This makes them several hundred times richer than Mr Buffett.


Name one.

Wheels



Morton (1962) noted that the Rothschild wealth was estimated at over $6 billion US in 1850. Not a significant amount in today's dollars; however, consider the potential future value compounded over 147 years!

Taking $6 billion (and assuming no erosion of the wealth base) and compounding that figure at various returns on investment (a conservative range of 4% to 8%) would suggest the following net worth of the Rothschild family enterprise:


$1.9 trillion US (@ 4%)
$7.8 trillion US (@ 5%)
$31.5 trillion US (@ 6%)
$125,189.1 trillion US (@ 7%)
$491,409.0 trillion US (@ 8%)


To give these figures some perspective consider these benchmarks:

A little of $300 billion US buys every ounce of gold in every central bank in the world (see John Kutyn's estimate (http://www.gold-eagle.com/gold_digest/kutyn111597.html).
U.S. M3 money supply August 1997 was $5.2 trillion
U.S. debt is currently $5.4 trillion.
U.S. GDP (1997; 2nd Q.) is $8.03 trillion.
George Soros' empire is worth an estimated $20 billion.





ROFL, he is a writer mate, not an economist. As for those figures, well...what can I say. A liner extrapolation into infinity and beyond lol. Shall we try the same with the family of a Roman emperor, after all componding interest over 2,000 years is much more impressive than 150 even from a more modest base.

You've made my day mate

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Post #: 39
RE: Worlds richest man. - Apr. 29 2008 0:17:42   
Shades of Jay

 

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Obviously not as a Roman Emperor is not still printing of the money and then lending it to all major governments, unless you want to show me otherwise?

Therefore this is a ridiculous example to give.

(in reply to Wheels)
Post #: 40
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