Warren Buffett is now the richest man in the world!!!

Discussion in 'Current Events' started by joeshell383, Mar 5, 2008.

  1. joeshell383 macrumors 6502a

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    #1
  2. ravenvii macrumors 604

    ravenvii

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    #3
    Whoa, that Mark Zuckerberg or whatever his last name is, is a billionaire?

    Seriously? Something like Facebook made him a friggin' billionaire?

    Down another notch the American society goes...
     
  3. joeshell383 thread starter macrumors 6502a

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  4. dukebound85 macrumors P6

    dukebound85

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    #5
    i agree quite sad.
     
  5. joeshell383 thread starter macrumors 6502a

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    #6
    First off, it is only an estimate. An estimate based off Microsoft's investment in/valuation of Facebook. Second, it actually shows that growth, innovation and the free market is still strong in the U.S., especially in the all-important tech/online/social networking areas. Third, there is nothing wrong with a great idea. Especially one that brings people together like FB. My day-to-day usage varies but I sure have found a lot of lost friends through it. I would strongly suggest watching the following:

    http://www.youtube.com/watch?v=_cEySyEnxvU
    http://www.youtube.com/watch?v=1CGF00VIxB8

    Also, ravenvii you're on the ******* Internet. Why would you say "or whatever his name is" when you can easily check it?
     
  6. dukebound85 macrumors P6

    dukebound85

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    #7
    calm down. we are only in awe that a social networking site can make someone a billionaire is all
     
  7. Abstract macrumors Penryn

    Abstract

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    I'm just surprised he's worth that much. How does he even make money off the site is a mystery. The advertisements don't appear to be successful like they are on other webpages, and he refuses to sell FaceBook until he gets some crazy amount of money, like $15 Billion or something. I didn't think he'd be a billionaire until he sold FB, but I guess I'm wrong.
     
  8. joeshell383 thread starter macrumors 6502a

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    #9
    That's the point. He's valued at $1.5 billion because of Facebook's estimated value. Bill Gates doesn't have $58 billion in cash, they estimate he is worth that much based on the current value of his stock holdings. In fact, he may be worth more, but Fortune magazine uses public information (like how much stock he owns, as the information on holdings of institutions that own large amounts of shares must be publicly available) to determine his worth.
     
  9. Counterfit macrumors G3

    Counterfit

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    #10
    Do we really need a new thread every time the person at the top changes? It's usually the same 3-4 people anyway.
     
  10. obeygiant macrumors 68040

    obeygiant

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    totally cool
  11. ErikCLDR macrumors 68000

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    #12
    Aw poor Billy Boy. Now he's #2, as he will be with OS's in a few years (in terms of market share)
     
  12. Gasu E. macrumors 601

    Gasu E.

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    #13
    I hope Mac OS is not #1. I would not welcome the attention from the virus developers. 20% would be quite enough to keep the worthwhile software developers interested while keeping the viralators focused on #1.
     
  13. wordmunger macrumors 603

    wordmunger

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    #14
    Gates is actually number 3 now. But I wouldn't shame him at all for that: he's been giving away vast swaths of his fortune. Buffett will also soon be moving down on the list since he's gradually giving his fortune away too. Let's hope that if Apple moves to #1 in OS market share, Jobs will be equally generous.
     
  14. Abstract macrumors Penryn

    Abstract

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    #15
    Doubt it. It's not Jobsy's style. He regularly parks in handicap parking spots in his Mercedes SL.....which has no licence plate. I highly doubt he's going to just start caring about people.
     
  15. Sirus The Virus macrumors 6502a

    Sirus The Virus

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  16. iMpathetic macrumors 68030

    iMpathetic

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    #17
    Kinda random, but my mom's good friends with Warren's sister Doris....

    I think I met Doris when I was little.
     
  17. it5five macrumors 65816

    it5five

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    #18
    I'll split a share with you. ;)
     

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