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Forbes says Castro's fortune is worth 900 million dollars.

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posted on May, 5 2006 @ 05:34 PM
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NEW YORK (Reuters) - Cuban President Fidel Castro was furious when Forbes magazine estimated his fortune at $550 million last year. This year, the magazine upped its estimate of the communist leader's wealth to a cool $900 million

Castro, who says his net worth is nil, is likely the beneficiary of up to $900 million, based on his control of state-owned companies, the U.S. financial magazine said in its annual tally of "Kings, Queens & Dictators" fortunes on Thursday.


Wow, far richer than even the President of the United States of America which earns a salary of $200,000 a year.




Castro had said he was considering suing after Forbes released its 2005 list, scoffing then his wealth was estimated to be close to that of the queen of England.

"Do they think I am (former Zairian President) Mobutu (Sese Seko) or one of the many millionaires, those thieves and plunderers that the empire has suckled and protected?" he said last year, referring to his capitalist archenemy, Washington.

This year, Castro would be well above the British monarch. Queen Elizabeth came in with some $500 million in estates, gems and a stamp collection built by her grandfather. The list does not include Buckingham Palace or the crown jewels.


Richer than even the monarch which has been existence for centuries and Castro is not even a hundred years old.






posted on May, 5 2006 @ 05:38 PM
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It pays to be a dictator doesn't it? Where is all the socialism in being a very wealthy man? When asked about this Castro hints that he owns the companies in trust for the people... so starting handing out the profits Fidel.



posted on May, 5 2006 @ 07:21 PM
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Originally posted by deltaboy
Wow, far richer than even the President of the United States of America which earns a salary of $200,000 a year.


Wrong, Bush and daddy are known to be worth more than a billion based on their oil dealings...



posted on May, 5 2006 @ 07:25 PM
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Originally posted by CyberSEAL

Originally posted by deltaboy
Wow, far richer than even the President of the United States of America which earns a salary of $200,000 a year.


Wrong, Bush and daddy are known to be worth more than a billion based on their oil dealings...


HAHA nice try, president bush is worth about 20 to 30 million. His dad has more but he isnt a billionaire.



posted on May, 5 2006 @ 09:37 PM
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Wow, far richer than even the President of the United States of America which earns a salary of $200,000 a year.

Raised to $400,000 a year. Retired prez's get $260,000.



posted on May, 5 2006 @ 09:50 PM
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Very few Presidents 'need' their salary. They spend more money running for President then they get throughout an entire term; usually. Most are insanely rich to start out with, anyways.

Who cares about Castro's 900 million, Oprah can beat him out with her nearly 2 billion!


BTW, did anyone know that both of the creators of Google each are worth 13 billion dollars? I knew Google made A LOT of money from advertising and such, but not THAT much.

[edit on 5-5-2006 by Omniscient]




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