1% Watch

scrooge_mcduck
Sponsored By:

How U.S. Billionaires Got So Freakin’ Rich

Nerdwallet has a great infographic out based on the Forbes 400 list of the richest Americans.

If you’re not familiar with the rankings, they include some big-time names. Microsoft (NASDAQ:MSFT) founder Bill Gates is in the #1 slot with $66 billion, Berkshire Hathaway (NYSE:BRK.A, BRK.B) chair Warren Buffett is in the #2 slot with $46 billion and Larry Ellison of Oracle (NASDAQ:ORCL) is in the #3 slot with $41 billion. There’s also the Koch brothers and the Walton family of Wal-Mart (NYSE:WMT) fame filling up the ranks of the Top 10 with $25 billion-plus each.

But Nerdwallet gets beyond the names and into the industries. Check out this cool chart to see where these folks made their money instead of just how much.

Unsurprisingly, banking and finance is in  the top spot… but retail beats out tech for #2. And sorry Food Network celebrity chefs, only 5% or so of this Forbes 400 list comes from restaurants.

All in all, quite an interesting look at the richest Americans.

Semi-Original source: “Infographic: How The Forbes 400 Richest Americans Became Billionaires

Which is based on the original original source: The Forbes 400

Jeff Reeves is the editor of InvestorPlace.com and the author of “The Frugal Investor’s Guide to Finding Great Stocks.” Write him at editor@investorplace.com or follow him on Twitter via @JeffReevesIP. As of this writing, he did not hold a position in any of the aforementioned securities.

Hey Apple users! Get The Slant podcasts delivered right to your iPhone or iPad via the iTunes Store.

Get The Slant delivered to your inbox every day!

Comments
  • Raptus

    More and more is a fraud on the stock exchange, and “FINRA” and “SEC” does not perform the tasks entrusted to them. It looks like that fraudsters on the U.S. stock exchange are unpunished !