Bill Gates Still America's Richest
Post | at | by Mike
Bill Gates is still a multibillionaire, but not quite as wealthy as he was a year ago. The co-founder and chairman of Microsoft Corp. remained the richest person in the world as of Aug. 27, according to the annual survey by Forbes Magazine of the 400 wealthiest Americans. The slowing economy was reflected in the declining worth in the rankings, which were released by Forbes on its Web site Thursday night. Super investor Warren Buffett moved into second place, followed by the other Microsoft co-founder, Paul Allen. Oracle chief executive Larry Ellison dropped from second to fourth.