Way back in 1892, the highly influential New-York Tribune published the first-ever list of the richest Americans. And what a roster it was: an astonishing unranked compilation of the 4,047 persons the paper’s editors thought were “reputed to be worth a million or more.” (Based on the per-capita share then of the total U.S. economy, that’s the equivalent now of $1.5 billion each.)
But despite its scope–1 out of every 6,300 adult Americans and more than 10 times the number of swells that Malcolm Forbes nearly a century later starting in 1982 would call the Forbes 400–the Tribune list included no one living in Nevada. Why? “The enormously valuable silver mines of Nevada have laid the foundation of a large number of private fortunes,” the Tribune explained. “But the possessors of them now live in other states, the majority in San Francisco and New York City.”
They certainly didn’t live in Las Vegas. It was not yet a city and barely a place. Eight years later at the 1900 census the total population was recorded as a mere 18 (all of whom can be viewed on this single census enumeration page). The entire state population was just 42,000.
The New-York Tribune, which never again published such a rich list, is long out of business. But Forbes magazine is still around. The 41st edition of the Forbes 400 was published yesterday. The number of folks included from the Las Vegas area rose from last year by 50%.
To all of three.
That’s a shadow of the high point in 2016, the year I became New To Las Vegas, when nine folks from the area made the famous roster. Since then, failure to keep up with other fortunes, often technology-generated, has helped to take its toll on the local count. Continue reading
