Forbes' Billionaire List Shrinks By Nearly A Third

March 12, 2009 RSS Feed Print
  • Comment (1)

It's Bill Gates again! The Microsoft legend may have lost $18 billion from last year's list, but he's still worth a hefty $40 billion. Investors Warren Buffet and Carlos Slim landed in the second and third spots even after losing a whopping $25 billion each (they're still worth $37 billion and $35 billion respectively.

In all, though, it was a rough year for the billionaire club. Forbes says last year the world had 1,125 billionaires. Now there are just 793 after the financial crisis destroyed some $1.4 trillion in wealth (notable names who fell off the list include AIG head Maurice Greenberg who lost a big chunk of his fortune as the insurer staggered into a government bailout, and alleged fraudster Allen Stanford.)

The entire list from Forbes is here.

Reader Comments Read all comments (1)

Add Your Thoughts
Your comment will be posted immediately, unless it is spam or contains profanity. For more information, please see our Comments FAQ.

Out of MYvosi LLC, comes the face of Web 3.0, Maurice Valentino. Valentino never thought that out of his humble past that he would soon be the creator and innovator of the newest web technology that positions him to become the next Internet billionaire.

Myvosi Web 3.0 is a media/data exchange tool, a search engine that gains knowledge of the user the more it is used. It can be used for networking, it offers the most up to date encryption for ecommerce/personal information and has a virtual mall with a presence of 250,000 national and international vendors in contract.In addition to your own personal virtual assistant that controls your every experience desire.

"It will challenge us and move us into the future now," says Valentino. The site offers human deductive reasoning and inference. “Imagine a machine with personality that's proactive,sounds like efficiency to me.” states The Face Of Web 3.0(Maurice Valentino).

Valentino also went on to explain in more detail what to expect from MYvosi LLC and Web 3.0."MYvosi Web 3.0 is the successful marriage of artificial intelligence and the web. In addition we want to be efficient not only from an economical and an environmental perspective but also from an individual and technological perspective. Web 1.0 was for all to read, Web 2.0 was for all write and Web 3.0 is and will be for all to innovate.” personalize your future, live out your potential. Myvosi web 3.0 allows you to search by sentences not eliminating the keyword based search but expanding on it. You can type in sentences and in turn, it would return relevant results and suggest other content related to your search terms. You can ask your browser questions such as "where can I go for lunch" and it will provide you, based on your likes & dislikes something suitable (human deductive Reasoning)."Many fear that this detailed information about them will be exposed, but it is the exact opposite," says Valentino. Your likes and dislike /personal information are not publicized they are on an encrypted network using the same encryption's as the one used by the major banks in the world(ex. the TLS and the high 128 bit SSL encryption). This graduates the common concept of the current web, typing in the same information and getting the same information. What's now offered is a unique individual experience on the web tailored to fit you personality. Myvosi Web 3.0 consist partially of "mashup" applications. An example would be looking up restaurants and have it tie in to another application(GPS) giving you place and directions. Myvosi Web 3.0 has the most intelligent software agent at the click of a button. You can share data files securely and efficiently without the threat of viral and other harmful applications (worms,Trojan horses,malware,etc) infecting your computer.A quote from Thomas Chille" For manifesting a web 3.0, we need a web 3.0. We need a real evolutionary shift in the perception of the web by the end users. Much like the paradigm shift in involving the user generated content for web 2.0." Its purpose is to educate, create, and innovate the end User's experience of the Web's resources. It is an Advanced Version Of the 3 dimensional giant"Second Life,"but Extremely user efficient. The applauding moment was simply this stated by The Face Of Web 3.0 "Most importantly Web 3.0 Is all of you. It isn't the dominating player with the most Bank. It is about you (the user). We as individuals craft web 3.0. we all have a major role in its implementation" says Valentino. This is just an overview of what Myvosi Web 3.0 offers. The detailed version would require a 1,000 paged text book and far superceeds what was said today. Myvosi Web 3.0 launch date is in the summer (July) of 2010.

Special Acknowledgments:

*Barack Obama in his spirited aura of change

*Tim Berners-Lee and Robert Cailliau who created the World Wide Web at CERN

*James Hendler An artificial Intelligence Researcher

*Nigel Richard Shadbolt founder of the Web Science Research Initiative

*Ora Lassila a Finnish computer scientist

*Computer Science University of Southampton

*Artificial intelligence department @ University of Edinburgh

*Eric Schmidt CEO Of Google

*Doug Lenat Computer Scientist Ceo of Cycorp

*Kevin Kelly Great Mind

If I left anyone out you are not forgotten, but for the sake of time, many more I give thanks to. Thank you all for your research , your time invested in making us better and more efficient economically and environmentally, America and the World thanks you.

A few pioneers of Green Energy who deserve recognition

*Scott mcnealy co founder of sun micro systems say that technology of the Internet is the most planetary efficient way of conducting business

*John Doer partner, Kleiner Perkins Caufield Byers

says that Germany is the largest buyer of solar cells around the world

"These are point that should be noticed and implemented in our economic and environmental strategy and conducive to like such recovery" Says Valentino

*MIT chemist Daniel Nocera

*Thomas Hinderling innovator who wants to build solar island to make us more efficient.

*Texas oilmen like T. Boone Pickens started pushing alternative energy

*Steven Chu head the Department of Energy

just to name a few.

"These are a few of the people who have inspired me to offer the Next generation ready platform. I look at their stories and their desire to innovate and to make better. These are things and mindsets I was conceived in. These Great minds gave me the foundation to start myvosi and change the future. So I personally feel they deserve a great deal of recognition" Says The Face Of Web 3.0 MauriceValentino

Jose Clint of CA 12:24AM April 08, 2009

The Ticker

Kirk Shinkle is a senior editor at U.S. News. He writes daily about ups and downs in equity markets, sectors and stocks. Formerly, he covered business and economics on both coasts for Investor's Business Daily.

advertisement

advertisement