The World's Billionaires 2008 : Bill Gates no longer richest man

[superconnected]

Source: Forbes

Warren Buffett Takes Top Spot
Forbes
The number 13 has long been considered unlucky by superstitious people around the globe. How fitting, then, that Bill Gates' reign as the world's richest person ends after his 13th year at the top.

Despite being worth $58 billion, $2 billion more than last year, Gates is now the world's third-richest person, ceding the top spot ranking to his good friend and partner in philanthropy, Warren Buffett, whose net worth jumped $10 billion to $62 billion. Ranked No. 2 is Mexican telecom tycoon Carlos Slim Helú, whose fortune has doubled in just two years to $60 billion. Read more...

Read more: http://finance.yahoo.com/banking-budgeting/article/104529/World-Billionaires-2008

---

Go Warren!

[khaos]

1. Baring, Erlanger, Fould, Kuhn, Lazard, Loebb..

Mallet, Mirabaud, Nobel, Rhodes, Rothschild, Schneider, Schroder, Seligman, Speyers, Astor, Carnegie, Dillon, DuPont, Gould, Mellon, McCormick, Morgan, Scaife, Vanderbilt, and Rockefeller families each could write one check and buy this entire list. the truly rich don't talk about and publish their wealth.

[devilgrrl]

2. "the truly rich don't talk about and publish their wealth"

They don't work for it either.

Look at all that inherited wealth!!!!

:popcorn:

[khaos]

4. true, they don't need to work for it..

controlling the worlds central banks, including the "federal" reserve, makes it quite easy for them to loot the planets wealth.

[closeupready]

6. You're probably correct.

Publicizing such information serves almost no good purpose, and can attract unwanted attention.

[Zynx]

12. Microsoft is a greater source of wealth than most stuff those families control.

[khaos]

13. How do you figure?

Where do you think interest from US debt goes? That's just one country.. include almost country on the planet and you have immeasurable wealth.

[Lautremont]

3. I don't know about you guys, but I'm putting ten dollars in an envelope and sending it to Bill Gates

right now. He needs it bad!

[ldf]

5. amazing

how does one "double" one's worth from 30 billion to 60 billion in ONE YEAR???

my feeble mind can't comprehend.

[arcos]

11. By ripping off Latin Americans with expensive cell phone plans... nt

[onehandle]

7. Loser. nt

[Scooter24]

8. Mark Zuckerberg, 23, founder of Facebook

is worth $1.5 Billion. Amazing.

[triguy46]

9. I'm two degrees of separation from this guy:

but he has only $1.4Billion. Hardly worth messing with.

http://www.forbes.com/lists/2007/10/07billionaires_Phillip-Ruffin_H6MZ.html

[GOPBasher]

10. I like Gates and Buffett; they are both very cool with their money. n/t

[Xenotime]

14. I thought that guy from mexico was the richest. What happened to him??

[Stoic]

15. Maybe people will now leave the poor man alone.

Macs suck.

[unkachuck]

16. disgusting....

....amounts of wealth....why should any one person have that much political and economic power while so many go hungry and without healthcare?....this is beyond disgusting....and to think we're in the year 2008, and not the dark-ages....

....what an upside-down jerk-off system....we're assholes to put up with this crap....

[lonestarnot]

17. You got that right!

"We're assholes to put up with this crap." :7

[sammythecat]

19. You can do it too!

Here's how to get 60 billion dollars:

Get yourself a job that pays you 1 million dollars a year.

Work there for 60,000 years.

Now you have as much as Mr. Buffet.

Make sure you keep it on the first floor. 60 billion dollars weighs a bit more than 6,600 tons.

[KillCapitalism]

18. Poor Billy!

Looks like that craptastic Windows Vista knowcked him down to 3rd place.:rofl:

[WarholPop]

20. The World's Billionaires

Source: Forbes

After 13 years on top, Bill Gates is no longer the richest man in the world. That honor now belongs to his friend and sometimes bridge partner Warren Buffett. Riding the surging price of Berkshire Hathaway stock, Buffett has seen his fortune swell to an estimated $62 billion, up $10 billion from a year ago. 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. Mexican telecom mogul Carlos Slim Helú now ranks as the world's second richest person with a net worth of $60 billion.

Read more: http://www.forbes.com/2008/03/05/richest-people-billionaires-billionaires08-cx_lk_0305billie_land.html

---

. . . and the rich get richer

[TwilightGardener]

21. And he lives in a relatively modest mansion right here in Omaha. That just

cracks me up, for some reason. He could live anywhere.

[WarholPop]

22. supports higher taxes

one thing I like about Buffett is that he actually believes in a progressive tax system where the rich pay at increased tax rates, and he supports raising the current rates

[fascisthunter]

23. Bill Gates Sr. believes in a progressive tax system as well

Not sure about his son, however.

[YOY]

27. He also though ARMs were a good idea

This little MBA though it idiotic from the getgo.

[Wabbajack_]

24. Damn I'm still not on this list.

still on the hundradaire list. :o

[pnwmom]

25. OTOH, Gates has been giving large chunks of money to the Gates Foundation

for years. And Buffet's impressed enough, that he's going to be leaving his fortune to the Foundation.

Welcome to DU, WarholPop!

[Jester_11218]

26. And they leave out...

They omit the real wealth barons...the international bankers...the people who own your money supply...like the Rothschilds...etc.