Bill Gates no longer World’s richest person

Posted by multippt

For several years, William (Bill) Gates [a.k.a. Bill Gates] stood at the top, unwavered by competition below him. Now, all that has changed. With Bill Gates battling out with his long-term rivals, Carlos and Warren, the top is not Bill Gates, but rather a person whom few knew about him. No, not from America, he is from India.

Mukesh Ambani, now the world’s richest person at $63.2 billion, is one who shall represent India’s growing importance as a hub. Being the first from India to hit the list (and of course, being at the very top) earned him reputation and pride for his country. Strong stock growth aided his rise to the top, allowing him to jump more than 10 places ahead (he was at 14 on March 2007).

Though, Forbes isn’t really saying much about it, and its current lists (at March 2007) showed Bill Gates still being at the top.

Data via StockMarketsView

1) Mukesh Ambani ($63.2 bil)
2) Carlos Slim Helu ($62.3 bil)
3) William (Bill) Gates ($62.3 bil)
4) Warren Buffett ($55.9 bil)
5) Lakshmi Mittal ($50.9 bil)