Unclaimed-Funds.com

We mentioned a few months back that billionaire NYC Mayor Michael Bloomberg was due $76,000 in unclaimed funds, but it turns out he’s not the only high roller overlooking some cash. A recent Forbes.com article highlights a few other big dogs who are missing a few bucks:

Note to Yahoo! Chief Executive Jerry Yang.

Word is that you are trying to wring a few more bucks out of Microsoft for your struggling Web portal.

Maybe this will help: The state of California says you have $3,008.46 worth of unclaimed Microsoft dividend checks coming your way.

Yang isn’t the only billionaire in Silicon Valley who’s got a little unclaimed cash. Apple Chief Executive Steve Jobs has $465.26 waiting for him from an insurance company. Google Co-Founder Sergey Brin never picked up $1,023.91 earned as a graduate student from Stanford University, in addition to $9.53 worth of dividends from The New York Times Company. Google’s other co-founder, Larry Page, has lost track of $262.26. Oracle Chief Executive Larry Ellison, who currently tops Forbes’ list of the best compensated executives, can hang onto a little more Oracle stock this year: he’s got $51.43 coming from the U.S. arm of Swiss insurer Zurich.

Of course those amounts are drops in the bucket for these billionaires, but these are exactly the types of unclaimed assets being discovered by average citizens every day. The article goes on to note that these revelations come as California continues it’s attempts to reunite people with $5.3 billion in CA unclaimed cash, which we’ve discussed here a number of times. As law makers continue to salivate of these monies State Controller John Chiang still appears to be on the side of the folks, trying to reconnect 8.7 million Californians (even billionaires) with their share.

The battle for lost assets in California is all the more reason for residents of that state to get moving on their search for missing money. Mr. Chiang can’t do it all, and he’s fighting with politicians who can’t wait to get their hands on your cash, so stop procrastinating and get your unclaimed property search started today.

Tags: ceos, unclaimed assets, billionaires, unclaimedfunds, rich people, unclaimed property, unclaimed money, unclaimedmoney

Tags: billionaires, ceos, rich people, unclaimed assets, Unclaimed Money, Unclaimed Property, UnclaimedFunds, UnclaimedMoney

It was just over a month ago that we pointed out that CA abandoned assets totaled $5.1 billion, but in just a few short weeks the state has added another $200,000 to bring the total to $5.3 billion, and counting, according Mercury News.

California is sitting on $5.3 billion in abandoned property, which it gets to keep until someone claims it. Businesses turn over about $500 million a year to the controller’s office.

And the battle over CA missing money between Cali’s controller, John Chiang, and the state itself, that we’ve discussed in earlier posts, rages on:

It’s not exactly in the state’s interest to work hard at finding the rightful owners, but that’s what Chiang has been doing. He has pushed for reforms to speed up the process, and he even wants the state to pay interest on the money.

Last year the Legislature expanded his authority to track down property owners. Deputy Controller Hallye Jordan said the office has sent out more than a million notices since then, and there have been many happy reunions.

In one case, a safety deposit box sent to the state in 2006 contained several World War II military medals, including the Medal of Honor. The controller was able to track down the war hero’s family and return the medals to them.

Read the rest of the Mercury News article which contains a personal found money story from the author, but the bottom line is that with the fight over CA unclaimed property, relying on the government to get your cash back to you isn’t going to cut it.

It’s time for anyone who might be owed lost assets to step up and get searching for your money today to be sure they find every last penny, and put it back in your own pockets where it belongs!

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