SIZZLERS ON THE SPOT

Grab this Headline Animator

Thursday, March 6, 2008

BILL GATES NO LONGER THE WORLD'S NO1 BILLIONAIRES





MICROSOFT founder Bill Gates has been knocked off his perch as the world's richest man after 13 years at the top, according to the Forbes annual billionaires' list.

US financier Warren Buffett has overtaken Mr Gates as the world's richest in this year's list.

Mr Buffett, the 77-year-old chief of the Berkshire Hathaway, saw his wealth jump from $US52 billion ($55 billion) last year to $US62 billion ($66 billion), pushing Microsoft co-founder Mr Gates into third position after 13 years as number one.

Mexican telecom Giant mogul Carlos Slim Helú now ranks as the world's second richest person with a net worth of $60 billion.

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

No comments:

 
ss_blog_claim=731731c3867f3a71f52f0570e312c9e0