Microsoft Corp. co-founder Bill Gates is no longer the richest man in the world, according to Forbes magazine’s rankings.
In fact, he’s not even in the top two anymore.
Warren Buffet, helped by a rising price of his Berkshire Hathaway shares, is atop the list at $62 billion. It’s the first time in 13 years that Gates didn’t top the magazine’s list.
At No. 2 is Mexican telecom tycoon Carlos Slim Helú, with an estimated net worth of $60 billion.
Gates isn’t struggling at No. 3 with $58 billion, according to the magazine’s list, and is worth $2 billion more than last year. Paul Allen, who co-founded the Redmond computer giant (NASDAQ: MSFT) with Gates, is No. 41 on the list at $16 billion. And Microsoft’s current CEO, Steve Ballmer, is No. 43 on the list at $15 billion. Read more
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