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Time Value 'n' Money

Thursday, March 6, 2008

The World's Billionaires

The World's Billionaires

After 13 years on top, Bill Gates is no longer the richest man in the world. That honor now belongs to his friend and sometimes bridge partner Warren Buffett.

Riding the surging price of Berkshire Hathaway stock, Buffett has seen his fortune swell to an estimated $62 billion, up $10 billion from a year ago.

Gates is now worth $58 billion and is ranked third richest in the world. He is up $2 billion from a year ago, but would have been as rich--or richer--than Buffett, had Microsoft not made an unsolicited bid for Yahoo! at the beginning of February. Mexican telecom mogul Carlos Slim HelĂș now ranks as the world's second richest person with a net worth of $60 billion. Here is List:
  1. Warren Buffett
  2. Carlos Slim Helu
  3. William Gates III
  4. Lakshmi Mittal
  5. Mukesh Ambani
  6. Anil Ambani
  7. Ingvar Kamprad
  8. KP Singh
  9. Oleg Deripaska
  10. Karl Albrecht
  11. Li Ka-shing
  12. Sheldon Adelson
  13. Bernard Arnault
  14. Lawrence Ellison
  15. Roman Abramovich
  16. Theo Albrecht
  17. Liliane Bettencourt
  18. Alexei Mordashov
  19. Prince Alwaleed
  20. Mikhail Fridman