MONEY MASTER

This post continues from Forbes 400: The Richest People in America 3. Larry Ellison Net Worth: $27 billion Source: Oracle Residence: Woodside, Calif. Age: 66 The Oracle chief brazenly chastised Hewlett-Packard for ousting its former head Mark Hurd over his relationship with a marketing contractor. Then he turned around and hired Hurd weeks later to replace Oracle's co-president, Charles Phillips, who resigned at the same time. HP sued Hurd, prompting Ellison to say that HP was making it "virtually impossible" for the 2 companies to do business together. (The two parties recently settled). Oracle, which has acquired 66 companies over the years, figured out a way to turn a profit on its latest big buy, Sun Microsystems, in 2010. One of the highest-paid executives in the country, Ellison has gotten $960 million in compensation in the past 5 fiscal years, mostly from the exercise of stock options; he recently cut his salary to $1. Ellison's fortune is almost entirely tied...

So, do you know who are the richest people in the United States of America? Well, the top two people in the America seems to remain in their position. They are Bill Gates and Warren Buffett. Both of them are still on top despite being generous. Read below for full story that I get from the Forbes 400: The Richest People in America from Yahoo Finance . Since the article is too long, I'll share it in this blog by separating the articles into few parts. It has been a year of reclamation for America's richest. The total worth of the Forbes 400 was up 8% to $1.37 trillion, well out-earning the 1% rise in the S&P over the same period of time. More than half (217) are richer than they were a year ago. The headline number tells a partial story. Just over one-third of the 400 failed to add to their fortunes or lost ground. Still far above us is the record of $1.57 trillion in total net worth set in 2008. But the very top of the list gained, as good friends Bill Gates and Warren Buf...