Buffett of the USA is richest; Gates dethroned after 13 years of dominance!
The article was taken from msn.com, articled from the Forbes.com New sets of Billionaires in the World, still the USA took the top spot with Henry William gates followed closely to 3rd place. FYI: Bill Gates of the Microsoft Corp. has been in the top spot for 13 years. For more details, read the full coverage of the article below:
Warren Buffett is the richest person on the planet.
Riding the surging price of Berkshire Hathaway (BRK.A, news, msgs) stock, the man called America’s most beloved investor has seen his fortune swell to an estimated $62 billion, up $10 billion from a year ago. That massive pile of scratch puts him ahead of Microsoft (MSFT, news, msgs) co-founder Bill Gates, who had been the richest person in the world for the past 13 years.
Gates is now worth $58 billion and is ranked third in the world. He is up $2 billion from a year ago and would have been perhaps as rich — or richer — than Buffett had Microsoft not made an unsolicited bid for Yahoo (YHOO, news, msgs) at the beginning of February. (Microsoft is the publisher of MSN Money.)
Microsoft shares fell 15% between Jan. 31, the day before the company announced its bid for the search-engine giant, and Feb. 11, the day we locked in stock prices for the 2008 World’s Billionaires list. More than half of Gates’ fortune is held outside Microsoft shares.
Mexican telecom tycoon Carlos Slim Helú is the world’s second-richest person, with an estimated net worth of $60 billion. His fortune has risen $11 billion since last March.
Buffett, whose fortune is estimated based on his stake in Berkshire Hathaway and assets he holds outside the company, declined to comment on his net worth.
The race for the title of world’s richest person has been extremely competitive in recent months. Class A shares of Berkshire Hathaway soared 25% between mid-July and the day we priced our list. The stock hit an all-time high of more than $150,000 a share in December. At that time Buffett was worth roughly $65 billion.
For the complete details: click this link here.
How I wish, these billionaires will pour these billions in the poor countries like ours. How I wish.
YFC ILC NEWS: We are Extending the registration to give chance to those who still like to take part in YFC`s 15th year. Extended Deadline March 15,2008 5pm ( Saturday). Contact your FTW, MV,YFC Coordinators, YFC Sector Heads and Program Heads.
The CFC-Youth For Christ will be having its’ 15th INTERNATIONAL LEADERS CONFERENCE this coming April 4-6 at Tagaytay, Philippines. The Registration for the said event is 1000Php. and the fare fee is 3,500Php. Guys, can i ask some donations from you?? I had already paid the registration fee and now i still have to pay for my Fare. Guys, as a lessfortunate person…can i ask something from you?
please.
The conference will be attended by the all YFC members Global. It is the biggest gathering of the community which is just held yearly. So if i couldn’t be there it will be a lost of mine! huhuhu…Guys please give to me your excess profit! hehe..Guys please. I really want to be there.
My PAYPAL Acoount is aldwincapin16@yahoo.com
Please help me guys!
-Aldwin Capin
Hoping
Comment by aldwin — March 11, 2008 @ 1:50 am
Hello brothers praise the lord amen. Brothers it is
Great pleasure to communicate with you
I am called Rukeribuga Fidel
I was borne east Africa country Rwanda ,
I have 26 years old .may I request you
I wanted to ask you, to help me if you get my massage,
I need to continuer my school but I haven’t school fees, transport, and items. And our family we are poor and we are poor so much I decided to contact you. Trough Google, As a brothers I beg you, try all the best to help me in this situations, for these burdens, I seeking where and who can help me to finish my school so I urge you by the mercies of God please help me according this requested . It is my Plans of future so I beg you by mercy of our Lord try to find what you can do for me. And I promise you when you will do this our Lord He will bless you, and your ministries. So dear friends let me stop here but I hope that very soon I will receiver answer from you. May the Lord bless you, and for give me to give you my burdens. His you brother in Chris, Rukeribuga Fidel Remain yours in Christ
My city called Kigali , country Rwanda , postal code 250, Gikondo sector
This my request I wish to you if I get food school fees transports from school and to arrive at home its ok, then after that I will asking jobs any office .
Comment by Rukeribuga fideli — May 3, 2008 @ 5:12 pm