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All the Money in the World: How the Forbes 400 Make--and by Peter W. Bernstein, Annalyn Swan

By Peter W. Bernstein, Annalyn Swan

From Wall highway to the West Coast, from blue-collar billionaires to blue-blood fortunes, from the Google men to hedge-fund honchos, all of the cash on this planet supplies us the lowdown on this day richest americans. Veteran newshounds Peter W. Bernstein and Annalyn Swan delve into who made and misplaced the main funds long ago twenty-five years, the fields and industries that experience produced the best wealth, the largest danger takers, the main aggressive avid gamers, the main wasteful kin feuds, the trophy better halves, the main conspicuous shoppers, the largest paintings creditors, and the main and least beneficiant philanthropists. Incorporating specific, never-before-published facts from Forbes journal, all of the cash on the planet is a enormously exciting, behind-the-scenes examine modern-day huge wealthy.

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Extra info for All the Money in the World: How the Forbes 400 Make--and Spend--Their Fortunes (Vintage)

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Hunt Company was born in 1961, Hunt had business notes going back fifteen years. J. B. Hunt Company was a gamble. Hunt sold his home and borrowed all he could to underwrite the business. He sought help from the soon-to-be governor of Arkansas, Winthrop Rockefeller, with whom heâ d had some business dealings. Through his company Winrock Enterprises, Rockefeller helped Hunt put together a brochure for a sale of shares. Hunt took one week off work and went door-to-door selling shares. He raised $120,000 that week (and eventually a total of $135,000, the equivalent of $910,000 today).

Hereâ s a rough look at the moneymaking performance of some billionaires during the first two years their companies were publicly owned. The Venetian, which opened in 1999, is one of the most successful casino hotels on the Las Vegas Strip. 6 percent room occupancy, at an average rate of $250 per room. In the first six months of 2006, the Venetian took in revenue of $455 million. But Adelson didnâ t stop there. In 2004 he opened the Sands Macau in China. A former Portuguese colony that was handed back to the Chinese in 1999, Macau is the only place in China where gambling is legal.

Hunt Transport Services as his main source of wealth, Huntâ s net worth climbed from $240 million in 1987 to $415 million in 1993. When many trucking firms were going out of business, Hunt proved flexible, forward thinking, and hard-nosedâ a born entrepreneur, in short. But if that manager at Ralston Purina hadnâ t urged him to take over those five old trucks, Hunt may never have entered the trucking industry at all. 25 years: The foundersâ club Only 36 people from the original 1982 list were still alive in 2006 and rich enough to qualify for all 25 years.

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