Buffet unseat Gates as Forbes new local king

[Apollo]

http://www.bloomberg.com/apps/news?pid=206...yjcc&refer=home

 

 

March 5 (Bloomberg) -- Berkshire Hathaway Inc. Chairman Warren Buffett toppled Bill Gates from the top spot on Forbes magazine's annual list of billionaires worldwide, ending a 13- year reign for the Microsoft Corp. co-founder.

 

Buffett's wealth grew $10 billion to about $62 billion in the 12 months through Feb. 11, mostly from a gain in his company's shares, Forbes said in a statement.

The fortune of Gates, 52, rose $2 billion to $58 billion. The Microsoft chairman fell to third on the list behind Mexican telecommunications mogul Carlos Slim, 68, who has an estimated net worth of $60 billion.

[Typhoonz]

 

[Silhoutte]

Whoa man...

[Zniper]

 

it's a $52 billion growth in 12 months... tat's a wow!! but depending on the age of gates, the fortune of his is an enormous amount, think by the time he reached the age of 60, he will still be well over $70 billion of worth...

[Hiton]

gates already so long not in the news lao... u see the buffet in the papers saying this and tat...

[Genie47]

Even though Gates is 3rd. That is still a whopping 58 billion. So he would say: "Who the f*** cares!". I wouldn't care if I'm 3rd too!

[Damienic]

Actually Gates wealth still increase by US$2Billion in 2007...he is down to 3rd only becos the other two rivals make even greater gains in 2007..

[Turbonetics]

http://www.bloomberg.com/apps/news?pid=206...yjcc&refer=home

 

 

March 5 (Bloomberg) -- Berkshire Hathaway Inc. Chairman Warren Buffett toppled Bill Gates from the top spot on Forbes magazine's annual list of billionaires worldwide, ending a 13- year reign for the Microsoft Corp. co-founder.

 

Buffett's wealth grew $10 billion to about $62 billion in the 12 months through Feb. 11, mostly from a gain in his company's shares, Forbes said in a statement.

The fortune of Gates, 52, rose $2 billion to $58 billion. The Microsoft chairman fell to third on the list behind Mexican telecommunications mogul Carlos Slim, 68, who has an estimated net worth of $60 billion.

warren buffett is the man.

[Devilution]

dun forget bill gate donates alot.. and his contract was calculate by time.. and he gave up his position quite alot to handle his charity organisation..

 

he wasnt involve in alot of microsoft stuffs alrd for some time..

[Genie47]

Also if you are a billionaire in the UK before 1974, you would be bigger than an American billionaire.

 

Before 1974, UK billion = 1,000,000,000,000

US billion = 1,000,000,000

 

Under Tatcher changed this on advice from the Bank of England and so now the billion is standardized to the American billion so the UK billionaire is the same size as the American billionaire.

[Comfy]

yup... they got a Bill & Melinda Gates Foundation on going... but warren buffet donates a lot too...

[Freestylers09]

12 zero is Trillion rite?

[Freestylers09]

Buffet best..donate 30B out...now from 10B to grow to 62B in 1 year genius jiu shi genius

 

btw Gate used to worth US100B b4 his coy shares drop irrc..i think so

[Damienic]

Scrolled down to look for some familiar names. Roman Abramovich comes in at 15th, our own richest man Ng Teng Fong at 132th, richest designer clothing boss Giorgio Armani at 201th, richest entertainer Oprah Winfrey at 462th and Man U boss Malcolm Glazer also at 462th...

[Genie47]

Now is standardized to trillion. Last time before 1974. Not so clear cut. In SG, since we are former Brit colony. Our billionaire will be bigger than an American billionaire.

[Wt_know]

billions and billions sia .... macham talking peanuts .... hundreds and hundreds of millions i also don't know how to count already ..... not to mention UK billion vs US billion ....

[Devilution]

y we nt born rich LOL =xxx