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activeco - 10:02 pm on May 9, 2006 (gmt 0)
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. During his lifetime he amassed about $200 billions of today's money. Anyway, the stock selling trend of "the boys'" is pretty steady in the last few years.
I remember a time when John Paul Getty was the world's first and only billionaire. He alone held this distinction for years.
Today's equivalent is around 19 billion, according to this interesting conversion script: [eh.net...]
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.
Once they have to be right. ;)