Billionaires meet behind closed Doors, to discuss how they are going to better society

!!!This is a Link to the First 2009 Meeting of the Billionaires club with Sir Paul Nurse. It is not what you think.!!!

Big hearts but even bigger bank balances: Forbes announces list of America’s  richest people… and the billionaires planning to spread their wealth around

By Daniel Bates and Louise Boyle

PUBLISHED:22:37 EST, 19  September 2012| UPDATED:22:57 EST, 19 September 2012

Congregated behind closed doors of the grandiose Trustees Room at  New York Public Library, this group of individuals made for the wealthiest  gathering in the world.

The twelve – Warren Buffett, Oprah Winfrey,  Bill and Melinda Gates, Pete Petersen, Leon Black, Jon Bon Jovi, Marc Benioff,  David Rubenstein, Steve Case, Laura Arrillaga-Andreessen and Marc Andreessen –  may have made their billions from as diverse pursuits as rock music to  microchips, but they have united to dedicate vast portions of their wealth to  philanthropic causes.

Their combined wealth totals a  staggering  $126billion – with Bill Gates and Warren Buffett in first and second place  respectively. The two leaders of the billionaire pack supported the Summit on  Philanthropy – where 161 of the richest  people in America met to share ideas on how the wealth might be spread across education, poverty, religion, medicine  and the environment.

Spreading the wealth: Billionaires (l-r) Warren Buffet,  Oprah Winfrey, Bill and Melinda Gates, Pete Peterson, Leon Black, Jon Bon Jovi,  Marc Benioff, David Rubenstein, Steve Case, Laura Arrillaga-Andreessen and Marc  Andreessen

The billionaires posed at the library in  Manhattan on June 26 this year for the 30th anniversary cover of Forbes  400, published on October 8.

The United States still has the largest share  of billionaires of any nation with 480. The top ten richest in the Forbes 400  reads: Bill Gates ($66 billion); Warren  Buffett ($46 billion); Larry Ellison ($41  billion); Charles Koch ($31 billion);  David Koch ($31 billion); Christy  Walton & family ($27.9 billion); Jim  Walton ($26.8 billion); Alice  Walton ($26.3 billion); S. Robson Walton ($26.1  billion) and Michael  Bloomberg ($25 billion).

Mark Zuckerberg made the list but  lost  nearly half of his $17.5bn fortune after the disastrous Facebook  stock market  flotation. The founder of the social network is now worth  $9.4bn having seen  $8.1bn vanish from his personal worth over the last  12 months.

The stock market price fell by nearly  half  to below $20 a share amid a flurry of lawsuits, finger pointing and recriminations that will linger for years to come.

Big spenders: The super-rich philanthropists gathered at  New York Public Library in June for the portrait which featured of the Forbes  400 cover

Celebrity do-gooders: Rock star Jon Bon Jovi (left) and  chat show queen Oprah are just two of the super-rich committed to a broad range  of philanthropic causes

According to the Forbes list of 400  Richest  Americans for 2012, Zuckerberg has lost more money than anybody  else, sending  him down from 14th to 36th place.

In a sign of how volatile Facebook has  become, last year he was the  biggest gainer on the list having added $10.6bn to  his fortune. In its analysis, Forbes says that Facebook has ‘performed poorly’ and that it reported a net loss of $157m in July, which drove the stock price  down even more.

However it also said that Zuckerberg’s  personal fortune was still ‘impressive’ and that he remained committed to the  future of the company.

Microsoft founder Bill Gates remains  at the  top of the Richest Americans list with a fortune of $66bn,  followed by investor  Warren Buffett on $46bn.

Something to smile about: Gates topped Forbes’ annual  list of the U.S. Uber-elite for the 19th year in a row with $66 billion, up $7  billion from a year earlier while investor Warren Buffett, the head of Berkshire  Hathaway, again took second place with $46 billion

Oracle founder Larry Ellison is third and is  worth $41 billion, up $8 billion which is the biggest rise this  year.

Forbes put it down to getting rid of  unprofitable parts of the business,  although he did spend $500m buying the  entire Hawaiian island of Lanai.

The combined wealth of America’s richest is  $1.7 trillion, up from $1.5  trillion in 2011, in due part to the rising stock  market, a rebound in  real estate values – especially in cities like Los Angeles  and New York, and rising values for art works

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