Gates stays atop Forbes list of America’s richest

NEW YORK (AP) — Microsoft Corp. co-founder Bill Gates is still America’s richest man, taking the top spot in the Forbes 400 list for the 20th-straight year with a net worth of $72 billion.

Investor Warren Buffett, the head of Berkshire Hathaway Inc., remains in second place with $58.5 billion, while Oracle Corp. co-founder Larry Ellison stays third with $41 billion.

Brothers Charles and David Koch, co-owners of Koch Industries Inc., stay tied for fourth with $36 billion each.

Forbes says America’s super rich continued to increase their wealth over the past year, with the 400 people on the annual list posting a combined net worth of $2 trillion, up from $1.7 trillion a year ago. That marks their highest combined value ever.

Forbes attributed the growth to strong stock and real estate markets.

KSN.com provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Commenters who violate these terms, including use of vulgar language or racial slurs, will be banned. Please be respectful of the opinions of others. If you see an inappropriate comment, please flag it for our moderators to review.

blog comments powered by Disqus