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Thursday, March 6, 2008

Warren Buffett overtakes Gates as world's richest: Forbes

Mr Warren Buffett has overtaken software czar, Mr Bill Gates as well as Mexican Tycoon Carlos Slim Helu to become the world's richest person, as per Forbes' annual list of billionaires.
They are followed by NRI steel baron, Mr Lakshmi Mittal, Mr Mukesh Ambani and Mr Anil Ambani at the fourth, fifth and sixth position. Another Indian businessman, Mr K.P. Singh, has occupied the eighth position.
In terms of wealth created in the last one year, Mr Anil Ambani is on top, followed by his elder brother Mr Mukesh Ambani. Mr Buffett has been ranked at the top with a net worth of $62 billion, higher than Mr Slim's $60 billion and Mr Gates' $58 billion .
Forbes has put Mr Mittal's net worth at $45 billion closely followed by Mr Mukesh Ambani's $43 billion and Mr Anil Ambani's $42 billion. Mr Singh has a net worth of $30 billion.
The other Indians who have made it to the Forbes list include Mr Ravi and Mr Sashi Ruia and Mr Azim Premji, who have occupied the 43rd and 30th spot with net worth of $15 billion and $12.7 billion respectively. Besides, the list also has Mr Senapathy Go palakrishnan, Mr Rakesh Jhunjhunwala and Mr Rahul Bajaj, each with a worth of $one billion

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