Wednesday, May 14, 2008

The Forbes 400

All the Money in the World: How the Forbes 400 Make and Spend Their Fortunes
by Peter Bernstein and Annalyn Swan
 If you ever wondered about inherited wealth vs. earned money; blue collar billionaires; high school drop outs who became financial superstars; Ivy league grads vs. state schools  for making the "400" list ; top philanthropic multi-billionaires; “eccentric” very, very rich people;  which person in today’s dollars would have been the wealthiest American in our history;  well this is the book for you. It’s interesting with lots of tidbits for the curious (kind of like a People, Money, Newsweek, Fortune, Forbes and WSJ rolled into one --- with a touch of the Robb Report. So if you are fascinated with the superrich you’ll be able to find out in chapters such as “What It Takes, Making It, Spending It, “ how the Forbes 400 works, lives and spends. You’ll understand the risks and rewards of the lifestyle and the vast differences in the way the 400 live their lives and the vast differences in the make-up of the 400 themselves. You’ll also find lots of little sidebars such as which members of the list served prison time, which have given the most money to charity, which women top the list, what cars they drive, and family feuds over inheritances, etc. All in all a very interesting book worth a read – perhaps a chance for the authors to get on the list if we all buy this book and subsequent ones…