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Mises Economics Blog

Who Wants To Be A Millionaire?

March 18, 2005 2:26 PM by Tim Swanson | Other posts by Tim Swanson | Comments (6)

Castro angry over Forbes listing:

Cuban President Fidel Castro has criticized Forbes magazine for the "infamy" of listing him among the world's richest people, with a net worth of $550 million.

"Once again, they have committed the infamy of speaking about Castro's fortune, placing me almost above the queen of England," Castro said in a speech to top officials of Cuba's ruling Communist Party, military and police.

"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 in reference to his capitalist archenemy, the United States.

To be sure, Cubans have suffered not only the brunt of whatever hair-brained schemes that Castro concocts, but also a haphazard embargo. However, the best part of the story is that Castro is considering suing the magazine over the listing.

Via Marginal Revolution.

Comments (6)

  • edordo rozza

  • Well, at this point, chairman Greenspam may ask to Castro to buy some US tresury bonds as do communist China and may be venezuelan Chavez (let aside the Japan warmonger Koizumi). The FED chief has the same age of Castro. During respective lifes who made worse disasters?

  • Published: March 18, 2005 5:19 PM

  • Tom

  • Classic!

  • Published: March 19, 2005 5:59 AM

  • David T. Beito

  • FYI, here are some grisly photos on health care quality in this billionaire's domain:

    http://hnn.us/blogs/entries/10821.html

  • Published: March 19, 2005 9:45 AM

  • anarkhos

  • Don't knock it, it's free ;)

  • Published: March 19, 2005 2:39 PM

  • Lisa Casanova

  • Hmmm...seems all Cubans are equal under socialism, but some Cubans are more equal than others. Raise your hand if you're shocked.

  • Published: March 20, 2005 4:41 PM

  • np

  • wow.. let's put Forbes in charge of estimating what the US economy is worth...

    "In the past, we have relied on a percentage of Cuba's gross domestic product to estimate Fidel Castro's fortune," Forbes explained.

    "This year, we have used more traditional valuation methods, comparing state-owned assets Castro is assumed to control with comparable publicly traded companies," it said.

  • Published: March 20, 2005 6:46 PM

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