Record Number of Billionaires

March 9, 2006

As I was perusing SFGate.com to find out why train service was temporarly cancelled today — couldn’t get to school! — I came across this interesting item to accompany my post below:

Apparently, there is a record number of billionaires — bringing that total up to 793 from 691 last year, according to Forbes Magazine. It’s funny how the list included six members of the Walton family — each of them billionaires — yet most of WalMart’s employees lack health benefits and earn little more than minimum wage.

The “richest of the rich” included the regulars: Bill, Oprah, a Saudi prince. Martha, however, fell off the list because of her jail sentence. She’s worth only $500 million. The horror!