Gates No Longer Second World's Richest Man

He's no longer the second richest, he's the third richest.

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Warren Buffett is the richest man on the planet.

Riding the surging price of Berkshire Hathaway (nyse: BRK - news - people ) stock, America's most beloved investor has seen his fortune swell to an estimated $62 billion, up $10 billion from a year ago. That massive pile of scratch puts him ahead of Microsoft (nasdaq: MSFT - news - people ) co-founder Bill Gates, who was the richest man in the world for 13 straight years.

Gates is now worth $58 billion and is ranked third in the world. He is up $2 billion from a year ago, but would have been perhaps as rich--or richer--than Buffett had Microsoft not made an unsolicited bid for Yahoo! (nasdaq: YHOO - news - people ) at the beginning of February.

Microsoft shares fell 15% between Jan. 31, the day before the company announced its bid for the search engine giant, and Feb. 11, the day we locked in stock prices for the 2008 World's Billionaires list. More than half of Gates' fortune is held outside of Microsoft shares.

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http://www.forbes.com/2008/03/05/buf...etrichest.html

regardless... Bill Gates is one smart dude to have made all that fortune.

OMG he is not!... economy going down! we are all doomed! ... save your selfs and destroy your PC before its too late!!! :jump1::zippy:

In my heart, Bill Gates is still the worlds richest man.

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Originally Posted by Rasta

http://www.forbes.com/2008/03/05/buf...etrichest.html

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That's actually pretty old...there was another guy who was ahead of him before this dude too.

Yes, but I just saw it on the news, and didn't remember anyone posting it, so I thought others would like to know.

Gates has not been the richest man for a while now, this is old news. Richest man about 6 months ago was a Mexican Entrepreneur.

//edit: Carlos Slim Helu is his name, he's now at #2.

Oh, then can you close this? I don't know why it was on the news...

Bill is so smart
and yeah btw is old news that he was 2nd
but the new one that he is the 3rd

Don't forget that Bill Gates gives to charities aswell so that can account for some loss as well, isn't some Saudi oil king the richest person?

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Originally Posted by Parker

Don't forget that Bill Gates gives to charities aswell so that can account for some loss as well, isn't some Saudi oil king the richest person?

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By overall wealth and assets, the Sultan of Brunei is the richest i bleev.

Bill gates retired from microsoft though

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Originally Posted by Fulzo

Bill gates retired from microsoft though

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He still earns money from it, he retired as CEO, but he still works there i think.

Bill Gates Roxs

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Originally Posted by Parker

Don't forget that Bill Gates gives to charities aswell so that can account for some loss as well, isn't some Saudi oil king the richest person?

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as rishwin said the sultan of brunei

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Originally Posted by Rishwin

Gates has not been the richest man for a while now, this is old news. Richest man about 6 months ago was a Mexican Entrepreneur.

//edit: Carlos Slim Helu is his name, he's now at #2.

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but he still 2nd richest,and hes nearly the richest

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Originally Posted by Kelvin1994

but he still 2nd richest,and hes nearly the richest

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He's 3rd and this is like really frickin' old.

I didn't know, wow the distance between rich and poor keeps on rising.

Ya i didnt know either, that sucks, although bill does give alot to charities.

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Originally Posted by Genryu

I didn't know, wow the distance between rich and poor keeps on rising.

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Makes you wonder huh? If you lived among the Ju/hoasi people in Africa, your wealth would probably be seen as a curse.

Wow that's still a lot of money though. Bill gates is worth what they say 62 BILLION? That's like 15 generations of money. Wtf..

But I never knew this.. But like Rish said, even though he retired he was CEO, and he still gets some income from it.

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Originally Posted by DrMido0o89

as rishwin said the sultan of brunei

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http://www.joke-portal.com/captain_obvious.jpg

Lol, he haven't been the richest for some time now -.-

This isn't really important he is still super rich anyways.

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Originally Posted by iBimbo

Lol, he haven't been the richest for some time now -.-

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Originally Posted by InZan3

http://www.joke-portal.com/captain_obvious.jpg

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