Wednesday, March 5, 2008

MATH EXTRA CREDIT #3 LAST ONE

BILL GATES IS NOT THE RICHEST MAN ANYMORE!!!!

It's true! Bill Gates, the co-founder of Microsoft, has been thrown down from his throne after 13 years. Even though he's worth $2 billion more than last year, now at $58 billion, Bill Gates has become the third-richest man in the world. He's after his good friend and partner in philanthropy, Warren Buffett, whose net worth jumped $10 billion to $62 billion. In second place is Carlos Slim HelĂș, a famous Mexican telecom tycoon. His fortune doubled in just two years to $60 billion. This also changes some other things. In the U.S. there used to be 10 billionaires (half of all of the world's richest) but now there are only four, with India getting the bragging rights because they have four of the world's richest among the top ten. Another first, besides Bill Gates losing his first place ranking, is that the number of billionaires is 1,125. That means that the total net worth of the group is $4.4 trillion, up to $900 billion from last year. Even though the U.S. markets ahve been down Americans account for 42% of the world's billionaires and 37% of the total wealth.


click here for my source

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