-- Google Finance, Govt, Policy and Business Issues
---- California Takes in Record Tax Receipts As Google Employees Sell Stock
activeco - 10:02 pm on May 9, 2006 (gmt 0)
I remember a time when John Paul Getty was the world's first and only billionaire. He alone held this distinction for years.
Now it seems billionaires are a dime a dozen in California. Any predictions who and when the world's first trillionaire will arrive on the scene?
The first billionaire was actually John D. Rockefeller, who surpased that amount at Sep 29, 1916. Today's equivalent is around 19 billion, according to this interesting conversion script: [eh.net...]
During his lifetime he amassed about $200 billions of today's money. So, the first trillionaire would be more matter of the inflation and the nature of the current fiat money absurdity, than the real indicator of someone's business mastery.
Anyway, the stock selling trend of "the boys'" is pretty steady in the last few years. Once they have to be right. ;)