Bill Gates Down To 3rd Richest Man In The World

<div align="center">Richest Man In The World


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(CNN) -- Forbes' list of the world's wealthy has named Warren Buffett the richest person on the planet, surpassing his friend and philanthropic partner Bill Gates who had held the title for 13 consecutive years.

<div align="center">Top 10 Richest Man In The World

1-Warren Buffet ($62 billion dollar)
2-Mexican Businessman Carlos Slim Helu ($60 billion dollar)
3-Bill Gates ($58 billion dollar)
4-Indian Businessman Lakshmi Mittal ($45 billion dollar)
5-Indian Businessman Mukesh Ambani ($43 billion dollar)
6-Indian Businessman Anil Ambani ($42 billion dollar)
7-Swedish Businessman, owner of Ikea Ingvar Kamprad ($31 billion dollar)
8-Indian Businessman K.P. Singh ($30 billion dollar)
9-Russian Businessman Oleg Deripaska ($28 billion dollar)
10-German Businessman Karl Albrecht ($27 billion dollar)</div>


The American investor and philanthropist is worth an estimated $62 billion, up $10 billion from a year ago thanks to surging prices of Berkshire Hathaway stock, according to Forbes magazine's annual ranking of the world's billionaires.

Gates, the co-founder of Microsoft, is now ranked as the world's third richest person. At $58 billion, his net worth is up $2 billion from a year ago. Mexican telecom tycoon Carlos Slim Helu was named the world's second richest man, with a net worth of around $60 billion, up $11 billion since last March.

For the first time, Forbes' rich list named more than 1,000 billionaires from around the world, with 226 newcomers. The total net worth of the group is $4.4 trillion, up $900 billion from 2007. Video Watch who's up and who's down »

This year's survey finds an increasing number of the world's richest coming from emerging markets, including China, India and Russia.

Two years ago, 10 of the top 20 billionaires were from the United States. This year, there are only four. India is now home to four of the 10 richest people in the world, the highest number for a single country.

But the United States still holds the top spot as the country with the most billionaires -- Americans account for 42 percent of the world's billionaires and 37 percent of the total wealth, according to Forbes.

With 87 billionaires, Russia is now in second place, overtaking Germany, with 59 billionaires, which had held that position for six years.

It is also a record-breaking year for young billionaires, with Forbes listing 50 billionaires under the age of 40. Check out the youngest billionaires »

Over half of them are self-starters, including Google co-founders Sergey Brin and Larry Page, and India's Sameer Gehlaut, who started online brokerage Indiabulls. Facebook founder Mark Zuckerberg, age 23, was called "quite possibly the world's youngest self-made billionaire ever."

Source: http://edition.cnn.com/2008/WORLD/europe/03/06/money.forbes/

 

And to think that the U.S. is 9.4 trillion dollars in debt.

Haven't seen you in ages AE!

 

lol billgates went down couple billions

 

Wow. That's alota billion. What's he own to be that damn rich?

 

AE86!?
I just got back here too

 

Microsoft among other things. It's people like Mark Zuckerberg that amaze me the most tho. Starting a (originally) college networking site and then branching out to a wider audience that's made him presumably a billionaire, that's unbelievable. Just a tad envious of him (minus the legal problems he's had)

 

Warren Buffet, ofcourse...started doing stocks at the age of like 10...thats one reason im trying to learn more about the stock market and start my own portfolio.

 

Would it hurt to give me a million?

 

OMG That must've hurt, I mean looks like Microsoft is not really the attraction anymore. He could've sticked to making OS and computer related stuff only and shouldn't have come into Gaming

BTW I think we should start buying more X BOX and Microsoft products

 

no gates has token a step backl from microsoft but anyway the 58 billion is not al his money ^_^

 

^ What do you mean? Then what is going on around here?

 

wow thats a hell load of moeny and to think bill gates is just leaving 10 MILLION out of his 58 billion to each of his children and giving the rest to charity once he dies

 

Yeah, poor kids...
...

10 million is plenty enough for them to live on for the rest of their lives, actually says a lot about Gates that he's leaving so much to charity.

 

wtf .. damn .. alot of indians in the top10 xD

 

OMFG i was thinking the same thing..."were movin on up"

I think About that everyday...lol

Yes it is...most rich men have there money invested in stocks...Thats one reason Warren Buffet is the richest man in the world.