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The Richest Man in the World

World's Richest Person Is a Different Name After 13 Years

Bill Gates' fortune has been trumped by that of Warren Buffett, according to Forbes' annual ranking of the world's wealthiest people. While Gates topped Vanity Fair's 2007 Windfall Report earlier this week, he fell from his number one spot as world's richest person after 13 years of owning the title. Warren Buffett (Berkshire Hathaway CEO) is now proclaimed to be wealthiest with his $62 billion and Carlos Slim Helú (Mexican telecom tycoon) is number two with $60 billion to his name, while Bill Gates settled in at three with his $58 billion.

This is the 22nd time Forbes has ranked the world's billionaires, and there are some stand out stats from this year's list. This is the first year that the number of billionaires crossed the 1,000 mark and reached 1,125 total, 226 of these are newcomers, and 50 are under the age of 40. The list has greater international representation this year — India has four in the top 10 (more than any other country), and while the U.S. still has the most billionaires overall Russia is the new number two with 87 billionaires.

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i-am-awesomeness i-am-awesomeness 7 years
Cool! =) I'd like to be on that list, m'self! haha
terryt18 terryt18 7 years
And the rich keep getting richer...
hotstuff hotstuff 7 years
I could have sworn Bill gates was beaten before I thought by the Mexican guy but I guess not. Warren Buffet is the one who's been giving his whole fortune away and most of it he's given to Bill Gates so it's CRAZY that he made the top of the list!
tee0206 tee0206 7 years
Haha, I agree with sophia_HL's hair comment. That's awesome.
sophia_HL sophia_HL 7 years
You'd think rich people would have better hair... but apparently this is just a myth.
j2e1n9 j2e1n9 7 years
I have a feeling that Bill Gate's fortune dropped because he has recently given SO MUCH of it away to charity. Now that is awesome!
Shopaholichunny Shopaholichunny 7 years
Me too Rosadilia! ;) :WOOHOO:
RosaDilia RosaDilia 7 years
Great for them. I will be on that list soon!!! :-)
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