In the Friday's edition of MSN Money News it reported the world's wealthiest people lost 300
billion dollars of their net
worth. Some say it is too bad they have plenty anyway. The top two again were
Bills Gates of Microsoft and Warren Buffet of Berkshire Hathaway. Each man lost heavily in our terms but not so much to them.
Warren Buffet took a ten
billion dollar hit. To those of us who work hard to earn a week's pay or are struggling to make ends meet, that is a thousand life time incomes.But if we were to look behind the scenes of these finanial giants, we would see this pair of benefactors spending millions of
dollars a year for such things as computers in school and public libraries. Bill Gates and Warren Buffet have set up a foundation to help fight aids and starvation in third world countries.
The key aspect to their wealth is they work hard to save and at the same time help others as well.
When Warren Buffet either endorses a particular stock or mutual fnd people listen. In the field of technology the company that started in a small building now supports thousands of families.
So before we belittle the persons on Forbes 400 list of the most rich, let us remember if not for these people owning big corporations the majority of us would have no job. So yes, 300 billion dollars is a great deal of money. Yet compared to what the companies generate in income for Americans, maybe it isn't so much afterall. Them and the other corporations contributions to society make America what it is, a great nation yesterday, today, and tommorow.