Posted By: Alex Crippen
Warren Buffett is now the world's richest person, topping the just-released Forbes 2008 list of global billionaires, with an estimated wealth of $62 billion.
Warren Buffett is now the world's richest person, topping the just-released Forbes 2008 list of global billionaires, with an estimated wealth of $62 billion.
He bumps Microsoft's Bill Gates from the number one spot, a position Gates held for 13 consecutive years.
With help from Berkshire Hathaway's best year in over a decade, Forbes estimates Buffet’s wealth increased by $10 Billion from the $52 billion that put him in the number two slot of the magazine's list last year.
It's the second year in a row Buffett's wealth has jumped by $10 billion, even as begins to give away lots of money to charities, notably the Gates Foundation.
Gates falls to number three this year with $58 billion, behind Mexico’s Carlos Slim, who is number two with an estimated wealth of $60 billion. Forbes says Gates would have been "as rich -- or richer -- than Buffett" if Microsoft's stock hadn't dropped sharply after it unsolicited bid for Yahoo last month.
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