Gates and Buffett top Forbes rich list but Soros falls

clock

Bill Gates has been named the wealthiest American for the 19th year in a row, according to Forbes' rich list.

He now has a fortune of $66bn (£41bn), up $7bn from last year. The Sage of Omaha Warren Buffett was in second place once again with a fortune of $46bn and there was no change in the order of the top five richest people compared to last year. Casino magnate Sheldon Adelson and financier George Soros dropped from the top 10 into 12th place compared with a year ago. However, Facebook founder Mark Zuckerberg suffered the biggest drop, falling from 14th to 36th place, after a disappointing listing of his social networking company. He lost nearly half his fortune, which is now worth an e...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Future of Investment Festival: Our specialist sessions for advisers

Future of Investment Festival: Our specialist sessions for advisers

Future-proofing advice, building sustainable portfolios, all things SDR

Professional Adviser
clock 19 April 2024 • 2 min read
Why non-transparent managers are behind most failed acquisitions

Why non-transparent managers are behind most failed acquisitions

‘They don’t understand the importance of culture and cohesion’

Rami Cassis
clock 12 April 2024 • 3 min read
Partner Insight: Understanding the investment universe

Partner Insight: Understanding the investment universe

Invesco
clock 12 April 2024 • 6 min read