This type of money is long.
Junior Member
This type of money is long.
Last edited by Clayguy; 10-19-2007 at 04:59 PM.
Junior Member
more
Junior Member
More
Junior Member
last set
Anabolic Member
That is fvcking ridiculous. I'm appalled.
I feel accomplished
lol at the chrome dip whip.
Bill Gates could afford a palace if he wanted.
Junior Member
I'm non-informed
Last edited by Clayguy; 10-19-2007 at 04:59 PM.
I feel accomplished
59 million with a B can buy a lot of bricks and mortar.
That don't kill me, can only make me stronger
you are an idiot if you buy a place that big
Associate Member
Not only is William Gates III officially the richest man on earth as according to forbes magazine, Sheik Zayed is DEAD. He died on November 2, 2004. Next time do some research before you make claims. At lest this was harmless and mildly enternaining, but misinformation on many of the other topics on this board could be dangerous.
Last edited by TexSavant; 10-19-2007 at 04:32 PM.
Junior Member
Damn I was wrong! Now I have to edit my non-informed mouth!
Last edited by Clayguy; 10-19-2007 at 04:58 PM.
Member
there are many people in the world far wealthier than gates. u have to realize that gates' money is evaluated and estimated constantly by the US government just like every other US citizen. when u speak about people like shiek who's money is not evaluated constantly there's no way of knowing what he has. also when people like gates are valued, they are valued based on EVERYTHING they have that they could potentially make a gain on. when u look at somebody like shiek other others, their values are much higher just on their basis of free cash. i would be willing to bet that he has far more money than gates. another example would be the sultan of brunei. a recent example who only has slightly more money than gates is carlos slim who is a telecom tycoon in mexico worth nearly 70 bil. the list goes on an onOriginally Posted by TexSavant
All Natty...Kinda~Winning Member Transformation Contest!
damn
Junior Member
^ That's what I said.
Associate Member
Your precious Sultan of Brunei is worth $22 billion. (http://www.msnbc.msn.com/id/20573978/)
As for for Carlos Slim HELU, he had a net worth of $49.0 billion at the last issuance of the Forbes list , placing at #3 in the world behind Gates ($56b) and Buffet ($52b). However, the decline of the dollar and the rise of telmex stock has lead to reporting that he climbed to 2 and then to 1, but then again so did Larry Ellison AND Robson Walton AND Ingvar Kamprad (ikea founder) who each bre***y surpassed Gates' surprisingly steady fortune. Which is an important point. Stock and Currency valuation are very fluid, if the reports are true, Helu is worth between 3 and 8 billion more than Gates. Since Helus fortune is almost entirely in Telmex, its stock price is critical to his wealth, as is the value of the peso. He was worth $67 billion when both were at all-time or near all-time highs. the Peso has remained steady but Telmex stock price has gone from about $38.50 to $36.68 today. When the Forbes list is next published its anyones guess as to who will be at the top. As of right now, the prevailing opinion in the media seems to favor Helu, but he is not "far wealthier than gates". No one is. Furthermore, no one seems to be able hold that spot for very long, besides Gates, who is surprisingly diversified.His share of Microsoft is now less than 10%.
http://www.forbes.com/lists/2007/10/...Helu_WYDJ.html
The United States governement did not, and does not publish assesments of net worth. This was done by Forbes magazine.
~ Vet~ I like Thai Girls
You gotta love the way Arab Trailor Trash live !!!
Member
re-read my post bro, my main point is that people like gates are qualified based on their net worth which includes the share they hold in their companies. that doesnt mean they actually have that much. people in the united arab emirates and the sultan of bruei have a worth that is much more liquid. meaning it is cash or can be converted into cash easily in a short period of time. ya gates is worth 56 bil but most of that is the worth of the companies he has interest in.
also
http:// n e w s . b b c . c o . u k /2/hi/business/6267714.stm
this should clear up any of ur confusion on that. written about 3 months ago by BBC news, the most respected news agency in the UK
mmmmmmk pumpkin?
Anabolic Member
wow the silver Audi is ridicuolous. They should make a gold one!
Anabolic Member
A gold car wouldn't work that well, it would be waaay too heavy. It would get like 1 km/liter. lol
Associate Member
Then the question is not who has the highest net worth, but rather which measurementment is best, net worth or net liquid assets. Oh and know what the BBC is, I watch their news programs to gain a more complete perspective on US foreign policy and global events, which just isn't possible watching Fox alone, or even CNN.
AR-Hall of Famer
All of those lists are ridiculous! I don't know why anyone would waste time typing up an argument for either side of the coin. Net worth isn't that easily measured, especially when you start looking at "assets" in regards to investment potential, holdings, stock, cash reserves, and hard assets. Look at the Saudi and Kuwaiti families that have assets that don't always get calculated on paper and their cash reserves are mind boggling (cash reserves that are stored in hidden, underground vaults in case of war).
All of those lists are compiled so they can sell magazines and make people imagine what it would be like to have a billion in cash sitting around collecting dust. It's all a mystery that holds no reasonable argument.
Doc M
I reject your reality and substitute my own
Why don't you calm down? Why are you so pissy about all this? He just posted pictures of a rediculously big house...i think you'll live to see another day..it's not the end of the world
You sound like that snotty billionair heir when he said something about Linsay Lohan "only" being worth 7million a film.
Anabolic Member
But it would be one BAD ASS CAR!!!
*drive slow homie*
I reject your reality and substitute my own
you'd be a playa though....werd
have you seen the specs on the presidential caddies and armoured SUV's? They weight something like 4 or 5 tons because of all the extra glass and steel. I bet those get like .5mpg
Member
ya thats exactly what im saying. sorry not trying to make an argument. i just think its funny when people think the richest person in the world is bill gates. if we knew the true worth of everybody i think people would be surprised to see that gates probably isnt in the top 5.
Associate Member
I suppose you could count every barrel of oil beneath Saudi soil as belonging to the royal family, since it is an absolute monarchy. In that case, they are worth aprox. $26.2 Trillion, or the economic output of the entire United States over 2 years.
THATS BALLER STATUS
Senior Member
If I had that house I would get lots of ass. Oh well, I do anyway. hehe
AR-Hall of Famer
Yes, that is my perspective exactly. If you look at the true assets of the "real" saudi royal family, the Al Saud group, their actual worth isn't really possible to even put a number on. It's just stupid wealthy beyond comprehension.
I can tell you that I have done a few medical things for one of the families, and I have been well off for quite a few years, but after dealing with them and seeing the money that they actually have and spend at will, is truly something to experience.
As a comparison, about 10 years ago I was in Vegas at Caesars Palace with some family for a bachelor trip. We were in the casino watching an elderly gentleman gambling at a private table that was roped off. Over the course of 30 minutes we stood and watched him, at our best calculation, lose about 3 million dollars. For years I was dumbfounded to see that happen. It's one thing to read about it, but to see it with your own two eyes is mind boggling.
Anyway, I did some work on a family member and the money spent on my flight(private), food, hotel suite, etc, was crazy, and I've done some work on some very wealthy people. This was at a level that I couldn't really grasp. I was checking out of the hotel I was being put up in and asked the manager what the bill was just at the hotel(he shouldn't have told me but he couldn't believe it either). Between them, the entourage, myself, a few others, just the room charges were in the 7 figures. No lie, no exaggeration. They dropped millions in a long weekend, and it was like me going and buying a bottle of water. Friggin crazy as hell. But I will give them credit and say that they take care of people, like you are the most important person on the planet. They spare no expense to make things completely over the top.
Doc M
Member
sounds like ur right about that. its hard to actually say what i would do in that position (having unlimited cash basically) but i could never see myself paying for hotel rooms that expensive or a house above 10,000 sq feet. i just don't see the pointit wouldnt be about saving money or anything obviously cuz at that point it doesnt matter, i just dont think i would ever want to be that pampered ya know? i think i would be fine with a normal suite on vacation, a nice beach house somewhere, and a couple nice cars. id be set.
I feel accomplished
Some of the biggest hotels in Las Vegas don't cost 1 bill, so I don't see how it is disputable weather or not Bill Gates could afford a house like that or not. Not saying there arn't people with more disposable income, but common guys, Bill Gates is in a league where he couldn't spend it if he wanted to.
-
Anabolic Member
There is a lot of money in the UAE, I know a few people who work there paid in US dollars tax free, I believe, housing included etc. Hence its easy to save up a a lot of money. I recent years they have done many projects on infrastucture. Submerged Hotels in the sea, bridges, indoor ski resort and so on
AR Addict
thank god im paying so much for gas so they can drive around in a chrome audi....
Purveyor of Thor's Hammer
i can't wait to be that rich......SPARE NO EXPENSE!!!!! it's like my motto for life.....i get chills thinkin bout it...if we have ww3 btw....where is this palace exactly so i can go take it over?
Purveyor of Thor's Hammer
is this guy a saudi? cause the saudis are the ones that are actually trying...(key word there) to keep up with our stupid demand.....some of the other countries in OPEC simply can't produce enough to get the prices back down....
AR Addict
yea also... theres alot behind the scenes that we as citizens will never see....
Anabolic Member
Nobody is forcing you to drive and use petroleum. You can always utilize alternative transport.
AR Addict
i could answer this simply but that would cause a political battle.... and its not worth it ...
Protein Power
like a skateboard or bicyclethat will show those sultans & shieks whose boss!!!! LOL
Anabolic Member
Where there is insatiable, quasi-infinite demand, I to would have a hefty price to supply. Just simple economics. In Europe, there public transport is actually quite adequate.like a skateboard or bicycle
Purveyor of Thor's Hammer
i love battles!!!!!
There are currently 1 users browsing this thread. (0 members and 1 guests)
Posting Permissions
Reply With Quote