Photo: Forbes
Bill Gates remains on top
of Forbes’ list, with a net worth of $54 billion, he is ahead of No. 2 Warren Buffett ($45 billion). This marks Gates’ 17th consecutive year at No. 1. The only African-American to make the list
was Oprah, coming in at No. 130, with $2.7 billion. So why did Forbes put Jay-Z on the cover? asks Hamilton Nolan in Gawker. Ostensibly because the hip-hop mogul “‘will earn a spot on the Forbes 400’ one day — as soon as he doubles his wealth” — but more likely because “Jay-Z’s face on the cover sells magazines.”