Gates no longer richest man in America
By worldwise1
@worldwise1 (14885)
United States
October 10, 2008 9:36am CST
It was announced on the morning news that Bill Gates is no longer the richest man in America. He has been overtaken by Warren Buffet, who was reported to have earned $8 billion over the last couple of months...yes, I said months! How does someone generate that kind of money-making activity? I had heard recently that he was buying up some of the debt from the explosion of banking failures. So, would you agree that one man's loss is another man's gain?
1 person likes this
3 responses
@ronaldinu (12422)
• Malta
10 Oct 08
It's seems so. I wish that I had only one per cent of bill gates's money. I could pay my mortage and go for a holiday or two abroad.
1 person likes this
@Thoroughrob (11742)
• United States
10 Oct 08
I think maybe they should be talking to those guys about what to do with the economy.
@ishralene09 (2260)
• Philippines
10 Oct 08
Yeah, it seems to me too. Like in those marketing sites, when you pay others the $47, you lose, they gain. And if you don't pass the chain, you'll have the loss forever. It's a simple process. When you throw the trash, the trashman gains some from you, and earns from it. Heehee. In the big business it might be applicable to, but in the everyday life it's a general principle.
BTW how the heck did he earn $8 in months?! I never thought that kind of idea can bring him much money...cool.
