Richest 400 Americans' net worth jumps 13 percent to $1.7 trillion: Forbes

Black Swan • ‏@NewsVortex

Richest 400 Americans' net worth jumps 13 percent to $1.7 trillion: Forbes http://www.reuters.com/article/2012/09/19/us-usa-billionaires-forbes-idUSBRE88I0WA20120919 via @reuters <--1% #winning, 99% losing

Warren Buffett, chairman and chief executive of insurance conglomerate Berkshire Hathaway Inc, stood second with $46 billion, followed by Larry Ellison, head of software maker Oracle Corp, with $41 billion; and the Koch brothers, Charles and David, who run the energy and chemicals conglomerate that bears their name, Koch Industries, were tied for fourth with $31 billion, Forbes said.

The ranks of the top five were unchanged from a year earlier.

Two notable names dropped from the top 10, however. Casino magnate Sheldon Adelson, also active in conservative political causes, fell to the 12 spot from No. 8 last year, and financier George Soros dropped five spots to No. 12 from the No. 7 position one year ago.

(More at the link.)