Thursday, May 04, 2006

Castro worth $900 million: Forbes

Castro worth $900 million

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.

Kings and sheikhs of the oil-rich Gulf Arab states still top the Forbes list, to be published in its May 22 edition.

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