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Fidel Castro conflict
In 2005, Forbes listed Fidel Castro among the world's richest people, with an estimated net worth of $550 million USD. In the 2006 article "Fortunes Of Kings, Queens And Dictators", Forbes increased their estimate to $900 million USD.[12] The article notes that estimating net worth for government leaders is "more art than science", and points out that in the case of Castro the authors used a discounted cash flow method for several state-owned companies, and assumed a portion of that profit stream went to Castro.
Castro responded that he has a net worth of less than $1 USD, and challenged any one to prove that he has any money in overseas accounts.[13] Castro also stated that Forbes should place a bucket over their head.[14]
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See also
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References
- ^ Forbes 'Forbes Announce Elevation Partners Investment in Family Held Company' - August 6th, 2006
- ^ James Michaels, Longtime Forbes Editor, Dies at 86 - New York Times. Retrieved on 2008-01-05.
- ^ National Magazine Awards Database. Retrieved on 2008-01-05.
- ^ NussbaumOnDesign Bono Buys Into Forbes, Launches Product Red in US and Expands His Brand. - BusinessWeek. Retrieved on 2008-01-05.
- ^ With The May 14 Announced Separation: Twelve-Year-Old "American Legacy"/"Forbes" Partnership Was Mutually Beneficial. Industry & Business Article - Research, News, Information, Contacts, Divisions, Subsidiaries, Business Associations
- ^ American Heritage - Magazines - New York Times
- ^ AmericanHeritage.com / Thank You for Your Feedback on the American Heritage Winter 2008 Issue
- ^ Jobs: Motley to Leave Time Inc., Plus More Job-Hopping Fun. Retrieved on 2008-01-05.
- ^ At Forbes.com, Lots of Glitter but Maybe Not So Many Visitors - New York Times. Retrieved on 2008-01-05.
- ^ Poynter Online - Forums. Retrieved on 2008-01-05.
- ^ Revolt of the Page-Slaves?. Retrieved on 2008-01-05.
- ^ Fortunes Of Kings, Queens And Dictators - Forbes.com. Retrieved on 2008-01-05.
- ^ granma.cu - "I call on them to prove that I have one single dollar!". Retrieved on 2008-01-05.
- ^ Cuba Keeps Forbes in Hot Seat. Radio Habana Cuba. Retrieved on 2008-01-05.
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