NEW YORK — The 1987 Forbes magazine list of the 400 richest Americans is a fascinating snapshot of wealth during a pivotal moment in American economic history. This illustrious roster not only showcases the staggering fortunes amassed by individuals but also reveals the diverse industries that propelled them to the top. From retail giants like Wal-Mart's Sam Walton to media moguls such as Rupert Murdoch, this list is a testament to the entrepreneurial spirit and financial acumen prevalent in the United States.
The data encapsulates the estimated wealth of these individuals, their age, and the sources of their income, offering insights into how various sectors influenced wealth accumulation in America. This list serves as a historical benchmark, allowing readers to understand how the economic landscape has evolved over the decades. It's intriguing to note the industries represented, ranging from manufacturing and retail to technology and media, each playing a crucial role in shaping the American economy.
As we delve deeper into the specifics of this list, we will unearth not just the names and numbers, but also the stories behind these successful individuals. What strategies did they employ? What challenges did they overcome? Understanding these aspects can provide valuable lessons for aspiring entrepreneurs and anyone interested in the dynamics of wealth creation in America.
| Name | Net Worth (in millions) | Residence | Source of Wealth | Age | Industry Code |
|---|---|---|---|---|---|
| Walton, Sam Moore | 8,500 | Bentonville, Ark. | Wal-Mart Stores | 69 | R |
| Kluge, John Werner | 3,000 | Charlottesville, Va. | Metromedia | 73 | M |
| Perot, Henry Ross | 2,900 | Dallas | Electronic Data Management | 57 | T |
| Packard, David | 2,870 | Los Altos Hills, Calif. | Hewlett-Packard | 75 | T |
| Newhouse, Samuel Irving Jr. | 2,350 | New York | Publishing | 59 | M |
What You Will Learn
- Insight into the wealthiest Americans of 1987 and their sources of income.
- Understanding the industries that significantly contributed to wealth creation.
- Lessons from the strategies employed by successful individuals in various sectors.
- Historical context of the American economy during the late 1980s.
