Bill Gates Regains Top Spot on Forbes Billionaires List‏

Monday, 03 Mar 2014 02:11 PM

By Melanie Batley

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Microsoft founder Bill Gates has regained first place on the Forbes billionaires list, four years after losing the top spot to Mexican telecom mogul Carlos Slim.

According to the Forbes 28th annual billionaires list for 2014, Gates' net worth is estimated at $76 billion, an increase of $9 billion since last year.

Warren Buffet, "the Mark Twain of billionaires," is ranked the second-richest American and the fourth richest in the world, with assets estimated at more than $58 billion.

Conservative billionaire brothers Charles and David Koch tie for sixth place with an estimated net worth of $40 billion each.

Editor's Note: 38 Investments That Profit 96% of the Time (Free Video)

Meanwhile, casino magnate Sheldon Adelson comes in eighth place with an estimated net worth of $38 billion. Former New York City Mayor Michael Bloomberg ranks 16; hedge fund investor George Soros is in 26th place; and media mogul Rupert Murdoch is No. 78 on the list.

Facebook founder Mark Zuckerberg, ranked 21st, was the biggest gainer, doubling his fortune in the last year from an estimated $13 billion in 2013 to more than $28 billion this year.

Real estate tycoon Donald Trump ranks 388th on the list with an estimated $3.9 billion, while Hollywood film director Steven Spielberg comes in at 466th with $3.4 billion, and Oprah is at 580th place with $2.9 billion.

The United States has the largest number of billionaires in the world with 492. China ranks second with 152 billionaires, followed by Russia with 111 people whose wealth exceeded one billion dollars.

In 2014, there are a record number of 1,645 billionaires, up more than 200 from 2013, with an average net worth of $4.7 billion. Roughly two-thirds of the billionaires built their own fortunes, 13 percent inherited them, and 21 percent have been adding on to fortunes they received, according to Forbes.

Editor's Note: 38 Investments That Profit 96% of the Time (Free Video)

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