A Quote by Warren Buffett
Just look at that Forbes 400. Takes a billion three to get on the Forbes 400 this year. And the aggregate wealth is just staggering. And those people are paying less percentage of their total income to the federal government than their receptionists are. [...] I'll bet a million dollars against any member of the Forbes 400 who challenges - me that the average for the Forbes 400 will be less than the average of their receptionists.
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This book [ "Win"] is based on the interviews with three dozen Fortune 400 - or Forbes 400, the richest people, and a couple dozen of the top CEOs.I wanted to know what language they use to be successful, and I wanted to know the attributes that could then be applied to the average individual.
If you look at the Forbes 400, they are paying a lower rate, accounting payroll taxes, than their secretary or - whomever around their office.
I've never had it so good in terms of taxes. I am paying the lowest tax rate that I've ever paid in my life. Now, that's crazy. And if you look at the Forbes 400, they are paying a lower rate, accounting payroll taxes, than their secretary or whomever around their office. On average. And so I think that actually people in my situation should be paying more tax. I think the rest of the country should be paying less.
Talking about income inequality, even if you're not on the Forbes 400 list, can make us feel uncomfortable. It feels less positive, less optimistic, to talk about how the pie is sliced than to think about how to make the pie bigger.
If everybody who was in the Forbes 400 said they were going to create 10,000 jobs, by my mathematics, that would be 4 million jobs.
I bought a company in the mid-'90s called Dexter Shoe and paid $400 million for it. And it went to zero. And I gave about $400 million worth of Berkshire stock, which is probably now worth $400 billion. But I've made lots of dumb decisions. That's part of the game.
I bought a company in the mid-90s called Dexter Shoe and paid $400 million for it. And it went to zero. And I gave about $400 million worth of Berkshire stock, which is probably now worth $400 billion. But I've made lots of dumb decisions. That's part of the game.
I remember I was in grade school, the fourth grade, in a free reading period in the library. Someone in my class found a copy of the Forbes 400, a list of the richest people in America, and my dad's name was on it.
On his Giving Pledge philanthropy: The way I got the message out was to get a copy of FORBES, look down that 400 list and start making phone calls! Bill and Melinda [Gates] did the same thing. So keep publishing
the list so I can milk it.
GAVI works collaboratively with the private sector - from investment banks to vaccine suppliers to corporations to members of the Forbes 400 - to find new and better ways to raise and apply resources and broaden the base of participants in global health.
There's always a mismatch. I mean, you know, as the economy evolves, it reallocates resources. Now, the real problem, in my view, is - this has been - the prosperity has been unbelievable for the extremely rich people. If you go to 1982, when Forbes put on their first 400 list, those people had $93 billion. They now they have $2.4 trillion, 25 for one. That is - this has been a prosperity that's been disproportionately rewarding to the people on top.
Forbes did a story on , when I seen it in Forbes I was just like, "This looks good!" and it felt good so I just went ahead and posted it. As soon as I posted it, people started calling and congratulating me and then it really started sinking in that it was a real accomplishment.
Contrary to Piketty’s rentier hypothesis, I don’t see anyone on the [Forbes 400 list of the wealthiest Americans] whose ancestors bought a great parcel of land in 1780 and have been accumulating family wealth by collecting rents ever since. In America, that old money is long gone - through instability, inflation, taxes, philanthropy, and spending.
I was working at 'Forbes,' and I covered big enterprise companies - IBM, Sun, and EMC - and it was kind of boring. 'Forbes' only came out every other week, so it was not the most fast-paced job in the world. It was very nice, comfortable.
Forbes magazine has named Mel Gibson this year's most powerful celebrity. ... Forbes' least powerful celebrity? [Miller displayed the widely circulated image from the Lynndie England photographs of a hooded Iraqi prisoner with wires attached to his outstretched arms] You're looking at him. Screw this guy. ... [He's a] bad guy.
Replacing half of the U.S. ground-transport fuels with hydrogen from wind power by 2050, for example, might require 1,400 gigawatts of advanced wind turbines or more... replacing those fuels with electricity might require less than 400 GW.
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