Forbes 400

Forbes 400
400 Richest Americans
List of 400 US citizens, ranked in order of net worth
Publication details
  • Whale Media Investments
  • Forbes family
First published1982 by Malcolm Forbes
Latest publicationOctober 5, 2021
Published list details (October 2021)[1]
WealthiestJeff Bezos
Net worth (1st)Increase US$201 billion
Entry point (400th)Increase US$2.9 billion
Total list net worth valueUS$4.5 trillion
Average net worthUS$8.3 billion
Forbes 400 website
Billionaire wealth

The Forbes 400 or 400 Richest Americans is a list published by Forbes magazine of the wealthiest 400 American citizens who own assets in the U.S., ranked by net worth. The 400 was started by Malcolm Forbes in 1982 and the list is published annually around September.[2] Peter W. Bernstein and Annalyn Swan describe the Forbes 400 as capturing "a period of extraordinary individual and entrepreneurial energy, a time unlike the extended postwar years, from 1945 to 1982, when American society emphasized the power of corporations." Bernstein and Swan also describe it as representing "a powerful argument – and sometimes a dream – about the social value of wealth in contemporary America."[3]

Inherited wealth may help explain why many Americans who have become rich may have had a "substantial head start".[4][5] In September 2012, according to the Institute for Policy Studies, "over 60 percent" of the Forbes richest 400 Americans "grew up in substantial privilege".[6]

  1. ^ "The Forbes 400 2021". Forbes. October 5, 2021. Retrieved October 6, 2021.
  2. ^ Kroll, Luisa (October 2010). "The Forbes 400". Forbes. p. 17. Print. Accessed 14 January 2021.
  3. ^ Bernstein, Peter W., and Annalyn Swan, eds. All the Money in the World: How the Forbes 400 Make – and Spend – Their Fortunes. New York: Alfred A. Knopf, 2007. ISBN 9780307278760. p. 4. Print. Accessed 14 January 2021.
  4. ^ Bruenig, Matt (March 24, 2014). "You call this a meritocracy? How rich inheritance is poisoning the American economy". Salon. Retrieved January 14, 2021.
  5. ^ Buttonwood (March 18, 2014). "Inherited Wealth". Inequality (blog). The Economist. Retrieved January 14, 2021.
  6. ^ Pizzigati, Sam (September 24, 2012). "The 'Self-Made' Hallucination of America's Rich". Research & Commentary. Institute for Policy Studies. Retrieved January 14, 2021.

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