Average swiss billionaires wealth just increased by 35 percent
Released on: October 24, 2007, 1:33 pm
Press Release Author: Ben Campbell
Industry: Financial
Press Release Summary: The Swiss Franc\'s increase in value surpasses US dollar. Swiss billionaires buyout America over this increased value of their currency.
Press Release Body: Just a few years ago the Swiss Franc was trading at about four (4) to the dollar. Today however, the Swiss Franc trades on world currency markets at about $1.25 per swiss franc. This increase in value of the swiss franc has dramatically increased the wealth of the average Swiss Billionaire, according to BEN CAMPBELL - Publisher of the SWISS BILLIONAIRES LIST, a trade reference book which keeps track of Swiss Billionaires. Even though the swiss have been keeping it secret swiss billionaires have \"secretively\" been buying out corporate America through the NYSE and NASDAQ. And, their getting superrich doing it. Do to the increase in the value of the Swiss Franc swiss billionaires are finding the NYSE as being \"bargain basement\" prices. Often buying large chunks of U.S. corporations. Sometimes buying it through third persons (or corporate names) to avoid income tax obligations. World famous swiss billionaire Baron Benjamin Rothschild owner of the Swiss Rothschild Banks is now estimated to be worth over $15 billion. Swiss billionaire superbanker Pierre Landolt owner of the swiss private bank LANDOLT & Cie (older than the United States) is now worth close to $14 billion. And the list goes on and on as to the superrich swiss billionaires who\'s wealth has increased dramatically as a result of the increase in the value of the Swiss Franc. Ben Campbell who keeps track of swiss billionaires is the Publisher of the SWISS BILLIONAIRES LIST and Publisher of the SWISS BILLIONAIRES DIRECTORY which index the superrich of Switzerland. Additional information is available about the SWISS BILLIONAIRES LIST for the website at URL: www.billionaires.00cash.com (click on the page entitled SWISS BILLIONAIRES LIST). The value of the Swiss Franc is expected to continue to increase this year and in 2008.