If you haven’t been hiking, biking, driving or gawking, you’ve missed one of the most beautiful falls I can remember. Expectations were low due to drought conditions. The aspen leaves around my house were dry and brittle like potato chips in July. Then that heavy August rain brought things to life (especially thistles – what years it takes for thistles to grow). Then everything turned at once. It was a great end to a weird summer.
I immerse myself in all levels, starting with large open perspectives and exploring the color variations of individual leaves on the ground. The leaves of a single aspen tree will have a range of colors from deep gold to a copper color, and then each leaf has internal variations. Just beautiful.
Forbes magazine has published a list of the 400 richest Americans of the year. Why they chose 400 more round numbers instead of 400 is a mystery. But so is Stephen Forbes, the owner of the magazine. I’m sure he’s right. To make the cut this year, plutocrats had to have a $ 3.9 billion estate. I didn’t get it. Apparently, the people of Forbes and I disagree with the value of the fleet of old tractors that are mostly in operation. The 1943 Farmall M with optional protections and a three-point link to the market had to push me there. Pretty valued, I think – no, I’m still missing the opportunity to make the cut.
Also, Donald Trump didn’t make the cut. He left the list for the first time in many years. Of course, Cyber Ninjas has asked to be re-told and audited to look for traces of bamboo on the list, however, whatever it is. I suspect that most people on the list prefer to publish names and get attention. But as we all know, wealth and grace do not always fit in the same container.
A list of Forbes websites can be searched in many ways. I was a little surprised to see that there are three Utahs on the list. Matthew Prince is $ 4.7 billion in the cybersecurity industry, Scott Watterson is $ 3.7 billion from Ikon Fitness equipment (probably washing clothes in one of his machines in his basement right now) and Gail Miller in the $ 3.2 billion car dealership business. The Miller family released the dealership sale before it was announced for $ 3.2 billion, and there are many other assets in it. Forbes numbers are calculations. Billionaires have no complaints.
This seemed like a lot to the state as small as Utah, and these three are people who made money on their own, rather than dynastic wealth like the Walton or Mars families, who are a big part of the list. Colorado has seven of the top 400, Montana has three and Idaho has one. Wyoming, with the smallest population in any state, has four residents on the Forbes list. Wyoming doesn’t have a state income tax, so there’s a good reason you’re looking to live in Wyoming, as well as being able to look at the Tetons every morning. They don’t live in Rock Springs.
Most of the Southern states and the Great Plains were missing from the list. Apparently, billionaires don’t go anywhere in Fargo, North Dakota, or Mississippi or Alabama. Thirty-seven states were on the list with obvious concentrations in densely populated states. The West is over-represented in terms of population, which says something about the quality of life here. It is not wealth from there; he has deliberately chosen to park there. Being as shy as our housing market can also be related.
There was no way to search the list to see how many homes there are among the top 400 in Park City. I don’t keep track of that end of the real estate market, but I did get to know a few family names while I was looking at the Forbes list. That’s definitely what I expected to look like in Park City 60 years ago, when most of Main Street was boarded and overturned.
This is a Forbes 400 list for 400 people or families. That is the pinnacle of wealth. An interesting sample, albeit a small one. If their models are an indicator of what other super-rich people are doing, the next 2,500 or 10,000 on the list will probably go to the same places or spend it on similar things. Like the houses in Summit County. Apparently, not enough of them is investing in old farm machines to improve my position a lot, but you never know. Maybe once they settle into their new homes in the open spaces, the need for an old tractor or two will be obvious.
Tom Clyde practiced law in Park City for many years. He lives in a ranch where he works in Woodland and has been writing this column since 1986.