March 11, 2010
The rich get richer: Five Johnsons on Forbes' list
Hard times? Recession? Penny-pinching? Not for everyone.
While you've been clipping coupons, the number of billionaires has grown this year -- further proof the downtown is turning up. Forbes tells us there are now 1,011 billionaires in the world, up from 793 a year ago.
Five members of the SC Johnson family were named once again to Forbes Magazine's list of the world's billionaires. In the words of Forbes: "Recession isn't dirtying up the Johnson family fortune as consumers continue to buy their household staples..."
While their inclusion on the billionaires list is no surprise to the Johnsons -- they've been there before -- Forbes nonetheless reports good news on their behalf. They have moved up in the rankings to 463rd -- up 13 places from 476 last year. Best yet, their net worth is listed at $2.1 billion each -- up from $1.9 billion last year. (But all good news is relative: Two years ago Forbes reported their net was $2.2 billion.)
Sharing that 463rd position on the list are mom Imogene Powers Johnson, and siblings H. Fisk Johnson, S. Curtis Johnson, Helen Johnson-Leipold and Winnie Johnson-Marquardt.
The wealthiest Wisconsinite is John Menard Jr. of the Menard's home building chain, whose net worth is listed at $5.5 billion -- up from a measly $4 billion last year. He's in a seven-way tie for 136th. Next is "porcelain's prince of fortune" Herb Kohler Jr. and family, in a crowded field of 316th, with, among others, Wisconsinite Donald Schneider, whose father founded the Schneider National trucking firm. They're each worth $3 billion. Last to make the list from Wisconsin is William Kellogg, a retired Kohl's executive, who is worth $1 billion and tied with many others for 937th richest person in the world.
Topping the Forbes list is Carlos Slim Helu and family, worth $53.5 billion from their Mexican telecom company; second this year is Microsoft's William Gates, worth $53 billion; third is financier Warren Buffett, worth $47 billion. Slim's fortune grew $18.5 billion during the past year; Gates' gained $13 billion and Buffett's $10 billion.
The complete list is HERE, along with links to stories about how each billionaire amassed his (they're mostly men) fortune. Feel free to scan the list looking for long-lost relatives.