****DOOS ALWAYS LOOSING
By Forbes.com
Warren Buffett is the richest person on the planet.
Riding the surging price of Berk****re 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
http://articles.moneycentral.msn.com/News/GatesDethronedBuffettIsRichest.aspx?GT1=33009
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