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Consequently, Rockefeller became the country's first billionaire, with a fortune worth nearly 2% of the national economy. [7] His personal wealth was estimated in 1913 at $900 million, which was almost 3% of the US gross domestic product (GDP) of $39.1 billion that year. [8]
In 1957, Fortune magazine developed a list of the seventy-six wealthiest Americans, which was published in many American newspapers. [6] Jean Paul Getty, when asked his reaction to being named wealthiest American and whether he was worth a billion dollars, said, "You know, if you can count your money, you don't have a billion dollars" and then added, "But remember, a billion dollars isn't ...
A billionaire is a person with a net worth of at least ... The American oil magnate John D. Rockefeller became the world's first confirmed U.S. dollar billionaire in ...
A little over a century ago, in 1916, legendary robber baron John D. Rockefeller became the world's first billionaire -- probably. Before the age of computerized records and the internet, measuring...
On Sept. 29, 1916, newspapers across the country announced a wealth milestone once thought to be unreachable: the world’s first billionaire.
Stewart was first declared a billionaire by Forbes in 2000. However, Forbes last reported her net worth to be $220 million in 2015, making her just $30 million shy of the outlet's inaugural list ...
The World's Billionaires is an annual ranking of people who are billionaires, i.e., they are considered to have a net worth of US$1 billion or more, by the American business magazine Forbes. The list was first published in March 1987. [1]
Of course, this is not always the case — Donald Trump was already a very rich man when he entered the Oval Office and was the first billionaire to become president, Forbes reported.