Bill Gates after reigning as the world's richest person ends after his 13th year, he has now lost the throne despite increasing own net worth by US$2 billion.
The world's richest man is now Gates' best friend, Warren Buffett. Ranked 2nd is Mexican telecom tycoon Carlos Slim Helú. Bill Gates now ranked 3rd.
http://www.forbes.com/home/billionaires/2008/03/05/richest-billionaires-people-billionaires08-cx_lk_0305intro.html
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