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Forbes Rich List: Business as Usual
The 24th annual edition of the Forbes 400, which came out last week, showed the usual suspects topping the list of America’s most wealthy. B...
The 24th annual edition of the Forbes 400, which came out last week, showed the usual suspects topping the list of America’s most wealthy. Bill Gates, Micosoft’s co-founder and chairman, was the wealthiest person in the US for the 11th straight year with a net worth of $51 billion.
He was followed again by Berkshire Hathaway’s chairman and chief executive Warren Buffett's $40 billion.
The most notable change this year is the rise in the rankings of the Google founders Sergey Brin and Larry Page, who were ranked 16th by Forbes with $11 billion each, up from 43rd place last year when they each had a net worth of $4 billion.
And Mr Brin's and Mr Page's post-IPO wealth is accruing at speeds faster than Gates' wealth after Microsoft went public, said Forbes.
Collectively, the top 10 richest Americans saw their total net worth climb $125 billion, the magazine said. The lowest members of the list each had a net worth of $900 million.
The collective net worth of the US climbed $125 billion, to $1.13 trillion, according to Forbes.
The full article is available at www.forbes.com/400richest/.
