Thursday, March 10, 2005

Billionaires Club

Microsoft Corp. (MSFT: news, chart, profile) founder Gates was tallied with a net worth of $46.5 billion, slightly less than his $46.6 billion from last year.

Investor Warren Buffet is next with a net worth of $44 billion, up from $42.9 billion in 2004.

Indian steel mogul Lakshmi Mittal sits in the number 3 spot in 2005 as having a net forth of $25 billion.

Mexican telecom magnate Carlos Slim Helu came in fourth with $23.8 billion, up from No. 17 in 2004; Saudi Arabian investor Prince al-Waleed Bin Talal Al Saud ranked No. 5; and Sweden's Ingvar Kamprad, the Ikea magnate, rose to No. 6 from No. 13 last year.

The number of billionaires grew to a record 691 from 587 last year, and their total net worth rose by $300 billion to $2.2 trillion, Forbes reported

Rounding out the top 10 were Microsoft's Paul Allen, German supermarket company owner Karl Albrecht, Oracle Corp.'s Lawrence Ellison returning to the top 10 after slipping to No. 12 last year and Wal-Mart Stores Inc.'s S. Robson Walton.


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