TIME Magazine content is available exclusively for TIME subscribers.

Current subscribers for full access. Not a TIME subscriber? .

ONE AFTER ANOTHER, THE INstant millionaires and even billionaires have been appearing, brought forth by the stock market's magic. Last Aug. 9, Netscape, a Mountain View, California, software company, sold stock to the public for the first time. By the end of the day, the shares owned by chairman James Clark were worth $566 million. Netscape's technical whiz, Marc Andreessen, who is 24 years old, was suddenly worth $58 million. In November the net worth of Pixar chairman Steve Jobs increased more than $1.1 billion in a single day when the company, responsible for the computer-animated hit movie Toy Story, sold...

Time.com on Digg

POWERED BY digg

For use in rail of Articles page or Section Fronts pages. Duplicate and change name as necesssary to distinguish.