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Warren Buffet New World's Richest Man

By: Errol Mars

Billionaire investor Warren Buffet has surpassed Bill Gates to be come the world's wealthest person. Buffet's net worth grew by $10 billion over the past 12 months to $62 billion.

"After 13 years on top, Bill Gates is no longer the richest man in the world. That honor now belongs to his friend and sometimes bridge partner Warren Buffett," Forbes magazine said.

Forbes estimated Buffett's worth at $62 billion in its annual ranking of the world's wealthiest people. Bill Gates was pushed to third place after 13 years of holding the No. 1 spot. Forbes puts Gates net worth at $58 billion. He is up $2 billion from a year ago, but would have been as rich or richer than Buffett had Microsoft not made an unsolicited bid for Yahoo! at the beginning of February.

Mexico's Carlos Slim came in second with an estimated worth of $60 billion.

The Snowball: Warren Buffett and the Business of Life. The legendary Omaha investor has never written a memoir, but now he has allowed one writer, Alice Schroeder, unprecedented access to explore directly with him and with those closest to him his work, opinions, struggles, triumphs, follies, and wisdom. The result is the personally revealing and complete biography of the man known everywhere as “The Oracle of Omaha.” The second richest man in the world and most successful investor on the planet. Do yourself a favour and get this book. Take action, buy this book now.

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