September 6, 2001

1:00 PM

40 Richest Americans Under 40And how was your year? Tiger just makes it with $160 million, but the ladies are shut out.
posted by owillis (22 comments total)

Oliver - you forgot to click the links. According to the photo, Anousheh Ansari is a female. Ooops.
posted by tamim at 1:23 PM on September 6, 2001

but the ladies are shut out.

AMERICA'S 40 RICHEST UNDER 40
Jeanette Symons
Rank: 15
Previously Ranked: New to list
Wealth: $374.0 million
Age: 39
Company: Zhone Technologies
Title: CTO/VP, Engineering
Industry: Communications Equipment and Services

maybe I read you wrong, but I'm pretty sure she's a girl
posted by eyere at 1:28 PM on September 6, 2001

Shame on Rosie!! Doesn't she know that being listed in a pretentious crap-mag like Fortune is MUCH more important than actually sharing the overwhelming wealth that she has. Tsk Tsk.
posted by benjh at 2:01 PM on September 6, 2001

Actually I meant to link to that sub-story on their site but they have some weird link-killing mechanism.

Maybe its just me being 23, but I look at people like Glaser and Dell as "old" guys. I'd prefer a list of under-30s.
posted by owillis at 2:10 PM on September 6, 2001

wow, i'm impressed that 9 of the top 10 are still held by dot commers, despite the crash. and 2 of them are ebay's founders.
posted by chrisege at 2:42 PM on September 6, 2001

wow, i'm impressed that 9 of the top 10 are still held by dot commers, despite the crash. and 2 of them are ebay's founders.

You're impressed that they assigned themselves dirt-cheap fouders' stock, floated at the height of the bubble, then cashed in after the six-month lock-in?
posted by holgate at 2:51 PM on September 6, 2001

founders. must not post while on phone. gah.
posted by holgate at 2:52 PM on September 6, 2001

*shrug* sure. i'm also impressed that master p is on the list. care to make some sort of sassy analysis of that?
posted by chrisege at 2:56 PM on September 6, 2001

Yeah. Master P sucks.
posted by fusinski at 2:58 PM on September 6, 2001

Are these the real richest, or are there inherited-wealth types that keep themselves off the list? Anyone know how inaccurate these lists are?
posted by cell divide at 4:21 PM on September 6, 2001

Number 18.
Wealth: $270.0 million
Company: Computer Associates International, Inc.
Title: President/CEO
Sanjay Kumar

A native of Sri Lanka, Kumar is paying the tuition of 25,000 students to study at regional universities in India this year.

That's pretty cool. What would you do with $270 million?
posted by culberjo at 4:23 PM on September 6, 2001

Michael Dell's obscene wealth at least comes from having at least built something real, Jeff "Laughing Boy" Bezos' stock has been falling- literally and figuratively- of late.

How is amazon not real? I've gotten some pretty killer deals on used books lately. I don't care if it goes out of business tomorrow and I'm glad I didn't waste my time following its stocks or the antics of its CEO. At least when I can avoid it.

listed in a pretentious crap-mag like Fortune

List in a crap-mag. Couldn't have said it myself. Now who's going to post People's top 10 beautiful people?
posted by skallas at 4:35 PM on September 6, 2001

By "real", I meant that Dell started hand-building computers in his teens, and built that company up himself by selling good computers at reasonable prices until they become a computing giant. Bezos wasn't the "brains" behind Amazon at all, just the giggling front man and business dude who got the initial funding. The bulk of his wealth is still castle-in-the-clouds value on stocks on a company yet to turn even one dime of profit and could be out of business by the end of the 4th quarter, due partly to Bezos' foolish insistence (or so I believe) of trying to turn Amazon from a successful book, music, and video e-tailer (those divisions are generally profitable) into another Wal-Mart, and basically blew too much of the company's money on acquiring other companies or expanding into areas they had no business being in, like lawn furniture and power tools. In other words, I believe Bezos is at best a 2nd rate businessman who got freakishly lucky...
posted by hincandenza at 5:31 PM on September 6, 2001

heh. I bet that I've gotten laid more than at least half of these people, if you don't count paying for it. Ok, Tiger, Jordan, Carey and Cruise probably have me beat. But groupies are just a step below hookers. And I don't shill Nike all over my body, make movies and commercials with cartoons, bolster my own image by impersonating someone with more talent, or associate myself in any way with the Church of Scientology.

Money isn't everything, right? Maybe it buys happiness, but it doesn't seem to do much for self-respect.
posted by hipstertrash at 7:09 PM on September 6, 2001

I happen to have the UK list of richest people under 30 here for those who are interested.. money translated into Dollars.

1. Darren McKee (car sales) $157.5m
2= Ajaz Ahmed (Internet) $75m
2= Alistair Gosling (Media) $75m
2= Tahir Moshan (Computers) $75m
2= Lucas White (Inheritance) $75m
6= Konrad Feldman (Software) $60m
6= Damian Reeves (Software) $60m
6= Adam Twiss (Software) $60m

David Beckham and Posh Spice come joint 9th with $45m.

Most controversial entry is Benjamin Cohen at 31st with $21m.. this guy tends to get slated in the press and called a liar on many an occassion.. so it may not be $21m at all.

Youngest entry is singer Charlotte Church, 15, with $18m.

To be one of the 100 richest under-30s in the UK, you need $7.5m just to start.
posted by wackybrit at 7:10 PM on September 6, 2001

I bet that I've gotten laid more than at least half of these people

So you're saying that because you were so busy trying to get laid, you passed up your chance to be a multi-millionaire? Hey, an orgasm is very fleeting, but dividends keep on coming.
posted by Jart at 7:07 AM on September 7, 2001

Money isn't everything, right?
But it sure is nice to have.
posted by owillis at 8:17 AM on September 7, 2001

While women are indeed under represented, what is amazing is that nearly a third of the 40 under 40 are from various "minority groups." Many were born out side of USA too.

-----------------------------------------
Demography | No. | Net Worth | % of Total
-----------------------------------------
Oriental:     3    $ 1,591 M    4.256
Black:        4    $ 1,038 M    2.777
Indian:       4    $   870 M    2.327
Hispanic:     1    $   188 M    0.503
Women:        2    $   554 M    1.482
-----------------------------------------
Total:       14    $ 4,241 M   11.345

posted by tamim at 8:43 AM on September 7, 2001

Ahem. <PC Hat> Rugs are Oriental, People are Asian. </PC Hat> Thanks, carry on.
posted by Dreama at 9:07 AM on September 7, 2001