CNN/Money 
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America's rich get richer
After two years of declines, the Forbes 400 wealthiest Americans see their nest eggs grow.
September 19, 2003: 1:17 PM EDT

NEW YORK (CNN/Money) - America's rich must be breathing a sigh of relief.

The top 10
The usual suspects top the list
NameWealthSource
Bill Gates$46 billionMicrosoft
Warren Buffett$36 billionBerkshire Hathaway
Paul Allen$22 billionMicrosoft
Alice Walton$20.5 billionWal-Mart
Helen Walton$20.5 billionWal-Mart
Jim Walton$20.5 billionWal-Mart
John Walton$20.5 billionWal-Mart
Robson Walton$20.5 billionWal-Mart
Larry Ellison$18 billionOracle
Michael Dell$13 billionDell Computer
Source: Forbes

After two years of declining wealth, the aggregate net worth of the wealthiest 400 U.S. citizens climbed 10 percent in the past year to $955 billion, thanks largely to a recovering stock market, according to the annual list released by Forbes magazine.

Topping this year's list are the usual suspects: Bill Gates, worth $46 billion, Warren Buffett at $36 billion, and Paul Allen at $22 billion.

With the rally in tech stocks, Internet players made the biggest moves on the list. Amazon.com CEO Jeff Bezos added more than $3 billion to his net worth, Yahoo! executives David Filo and Jerry Yang nearly tripled their wealth.

eBay execs Meg Whitman and Pierre Omidyar saw their net worth jump nearly 50 percent.

Steve Jobs jumped 44 places to $2.3 billion with the help of his Pixar film "Finding Nemo."

Bill Gates, right, and Warren Buffett have a total wealth of $82 billion.  
Bill Gates, right, and Warren Buffett have a total wealth of $82 billion.

The wealth also runs in tight circles. Among the top 25 richest, 12 are related, with members of the Walton family of Wal-Mart fame taking spots 4 through 8.

Some recent newsmakers also appeared on the list. Kenneth Langone, a director of the New York Stock Exchange who adamantly defended now-resigned Richard Grasso, appeared on the list at 314 with $820 million.

Notable dropouts from the list include World Wrestling Entertainment's Vince McMahon and Global Crossing's Gary Winnick.

Those taking their spots included Wall Street high-rollers Steve Cohen, who runs the SAC Capital hedge fund, and Ken Griffin, who runs the Citadel Investment Group hedge fund.

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Incidentally, Griffin is the second-youngest member on the list at 34 years old and a value of $650 million.

The youngest is Daniel Morton Ziff, at age 31, with an inheritance of $1.2 billion from the Ziff-Davis publishing fortune.  Top of page




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