Bill Gates Regains Worlds Richest Crown
Bill Gates has regain his position as the world richest person from pal Warren Buffet.
Forbes magazine has released it's annual listing of the 400 wealthiest Americans. Admission to the 27th edition of The Forbes 400, is $1.3 billion for the second year in a row. The assembled net worth of America's wealthiest rose by $30 billion--only 2%--to $1.57 trillion.
With a net worth of $57 billion, Bill Gates remains the richest man in America despite losing his crown to Warren Buffett for a few months this spring. Buffett's shares in Berkshire Hathaway have fallen 15% since February bringing his net worth down to $50 billion.
SOURCE: Forbes.com
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