After 13 years on top, Bill Gates is no longer the richest man in the world. That honour now belongs to his friend 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. Mexican telecoms mogul Carlos Slim Helú now ranks as the world’s second richest person with a net worth of $60 billion. Chelsea FC owner Roman Abramovich is in 15th place.
The highest ranking Irishman is Seán Quinn with a net worth of $6bn.
I will be posting more about Warren Buffett soon. Meanwhile here’s a short video from Google Videos on a talk Warren Buffett gave to college students in the US on making the right career choice. Note: Google Videos and Youtube are only visible on this blog outside of school. The NCTE has blocked access to these sites.
And another from Youtube at last year’s AGM of Berkshire Hathaway.