"Moe Green" <moe@green.vegas> wrote in message
news:33jecaF406h1lU2@individual.net...
>
> I think according to Fortune that right now the guy who owns IKEA is now
> the richest many in the world. As Linux pummels his stock, Gates will
> probably drop further down the list.
>
> http://in.news.yahoo.com/040404/137/2cdva.html
> World
>
> IKEA founder overtakes Gates as world's richest - TV
>
> STOCKHOLM (Reuters) - Ingvar Kamprad, the Swede who founded furniture
> retail chain IKEA, has overtaken Microsoft's Bill Gates as the world's
> richest man, Swedish TV news reported on Sunday.
>
> Citing next week's edition of the Swedish business weekly Veckans
> Affarer, public service SVT2 television said Kamprad, 77, has a personal
> fortune of 400 billion crowns ($53 billion).
>
>
>
>
>
> Me_and_you wrote:
> > From:
> > http://evan.quuxuum.org/bgnw.html#Worth
>
>
>
>
>
> >
> > Interesting stuff. read for yourself:
> > ----------------------
> > How much is Bill worth right now?
> > We obviously do not have a full reckoning of everything Bill owns. But,
> > according to the Yahoo! Insider Trades site, Bill has 1,077,499,336
shares
> > of MSFT.
> > This figure reflects all trades made through Nov/04/30, which is the
most
> > recent trade. (Thanks to Jeff Call for the pointer!)
> > As of 13:50 on 12/06/04 , Microsoft was selling for $27.38 .
> > Some simple multiplication tells us that he owns $29,501,931,819.68
worth of
> > Microsoft stock. (That's $29.5 Billion.)
> > MSFT: Microsoft Stock
> >
> > Microsoft has a total of 10,700,000,000 shares outstanding, worth a
total of
> > $292,966,000,000, which is Microsoft's market capitalization. (That's
> > $292.97 Billion.)
> > Bill's 1,077,499,336 shares represents 10.07% of Microsoft.
> > On March 13, 1986, the day Microsoft went public, according to
Microsoft's
> > Public Relations Department, Bill owned 11,142,000 shares of MSFT stock.
At
> > MSFT's IPO price of $21 per share Bill's initial fortune was worth
> > $233,982,000 or $233.98 Million. Adjusted for splits, if Bill had not
sold
> > any stock since then, he would have 3,208,896,000 shares. Those shares
would
> > be worth $87,859,572,480.00 or $87.86 Billion today. Thanks to Michael
Noer
> > and Julie Sullivan at Wired Magazine for their help here.
> > Microsoft stock's all-time high price (adjusted for splits) is $119.75.
That
> > means that Bill's all-time high net worth (if he hadn't sold any shares)
is:
> > $129,030,545,486.00 or $129.03 Billion.
> > If Bill had never sold any of his MSFT stock, at his maximum price,
Bill's
> > share would be worth: $384,265,296,000.00 or $384.27 Billion.
> > Microsoft went public on March 13, 1986. Its IPO price was $21/share,
which,
> > after adjustments for splits is equivalent to 7.29¢.
> > Microsoft stock has split a total of 9 times, increasing the number of
> > shares, and decreasing each share's value by a factor of 288. If MSFT
stock
> > had never split, the share price today would be $7885.44. (Thanks to
Michael
> > Chauvin for the suggestion)
> > Important Disclaimer
> >
> > No Microsoft employee, including Bill Gates has anything to do with the
> > creation and maintenance of this web site. As far as we know, Bill has
never
> > even seen this site. The people who maintain this site are of average
> > financial means, and have no access whatsoever to Mr. Gates' vast
fortune.
> > While we are sure that there are some people reading this page who are
in
> > genuine need of financial assistance, PLEASE stop asking us for
donations of
> > Mr. Gates' money. We simply don't have any of it. (We often wish we did,
> > too, though.) Thank you.
> > We also have no way of contacting Mr. Gates. You can visit his web site,
> > though. Any inquiries sent to us about sharing Mr. Gates's wealth will
be
> > ignored.
> >
> > ........ Read more at : http://evan.quuxuum.org/bgnw.html#Worth
> >
> >

Nick Malik [Microsoft] wrote:

>that would be true, if Ingvar Kamprad actually owned IKEA, but he doesn't.
>
>According to the an IKEA spokesman, Ingvar donated the concern to the Dutch
>Stichting INGKA Foundation in 1982.
>
>Bill is still on top. Doesn't mean anything.
>
>