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.
More . . .
BUFFETT SPOTLIGHT
Race For Title Of World's Richest Man
Giving It Away
Berkshire Billionaires
Berkshire Hathaway's Biggest Investments
Buffett On Management
Buffett On Investing
IN PICTURES
The World's Billionaires
Notable Newcomers
Youngest Billionaires
Billionaire Bachelors
Celebrity Billionaires
Women We Envy
Rags To Riches
Credit Crunch Billionaires
Top Billionaire Cities
Obituaries
FEATURED
The World's Billionaires 2008
By Luisa Kroll
The 1,125 richest people on Earth, and why a diminishing share of them are American.
The Prince of Mines
Susan Adams
Patrice Motsepe is South Africa's first black billionaire.
Whiplash
Forbes Staff
As stock prices fluctuate wildly, so do the fortunes of some well-known billionaires.
Clean Machine
Chaniga Vorasarun
James Dyson got rich taking bags out of vacuums. Now he aims to take some bugs out of public restrooms.
The Hot Seat
Joshua Levine
Can Marc Ladreit de Lacharrière's credit rating agency withstand the subprime catastrophe?
Revenge Of The Ne'er-Do-Well
Devon Pendleton
His father worried that Micky Jagtiani would never amount to anything. But the prodigal son built a retailing empire.
Buying City Hall
Matthew Miller
John Catsimatidis built a fortune in supermarkets, real estate and oil. Now he wants to be the next mayor of New York City.
New Money, Big Agenda
Russell Flannery
China's younger tycoons aren't just shaking up the economy. They are changing philanthropy.
That's Redcat, Not Redneck
Phyllis Berman
Why is a name associated with glamour peddling sack dresses and duck blinds?
Justice, Russian Style
Nathan Vardi
Philadelphia lawyer Bruce Marks makes a business suing oligarchs on behalf of other oligarchs.
Billionaire Inventors
by Paul Maidment
Why didn't I think of that?
In Pictures: Meet The Billionaire Inventors
Billionaires In Space
Elizabeth Woyke
Gaming tycoon Richard Garriott will join the billionaire space tourist club when he blasts off in October.
Were You Born To Be A Billionaire?
Maureen Farrell
An honest assessment of your ability to go big.
In Pictures: Ten Questions To Ask Before Building An Empire
Secrets Of The Self-Made
Maureen Farrell
Answers to 20 thoughtful questions lobbed at some of the world's richest people. THE BILLIONAIRES
Warren Buffett
Carlos Slim Helu
William Gates III
Lakshmi Mittal
Mukesh Ambani
Anil Ambani
Ingvar Kamprad
KP Singh
Oleg Deripaska
Karl Albrecht
Li Ka-shing
Sheldon Adelson
Bernard Arnault
Lawrence Ellison
Roman Abramovich
Theo Albrecht
Liliane Bettencourt
Alexei Mordashov
Prince Alwaleed
Mikhail Fridman
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