Friday, March 13, 2009

Warren Buffett Loses "World's Richest Billionaire" Title

On Wednesday, Forbes released it’s hotly anticipate list of the world’s richest people and someone stole the top spot from Warren Buffett.CNBC’s Alex Crippen writes, “The 2009 rankings, just released by Forbes magazine, put Microsoft founder (and Buffett bridge partner) Bill Gates in the top position with an estimated wealth of $40 billion. Buffett is number two, with $37 billion, a decline of $25 billion from last year's $62 billion, or just over 40 percent. Mexico's Carlos Slim stays in the top three with $35 billion.The net worth of the world's billionaires fell from $4.4 trillion to $2.4 trillion, while the number of billionaires was down to 793 from 1,125.

Here’s a list of the billionaires who claimed the 10 top spots as ranked by Forbes.
1. William Gates III
2. Warren Buffett
3. Carlos Slim Helu
4. Lawrence Ellison
5. Ingvar Kamprad
6. Karl Albrecht
7. Mukesh Ambani
8. Lakshmi Mittal
9. Theo Albrecht
10. Amancio Ortega

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