Advertisement
To print: Select File and then Print from your browser's menu
-------------------------------------------------------------- This story was printed from ZDNet Australia. --------------------------------------------------------------
Gates still richest; Ellison's ranking drops


June 22, 2001
URL: http://www.zdnet.com.au/news/soa/Gates-still-richest-Ellison-s-ranking-drops/0,139023165,120233954,00.htm


Microsoft co-founder Bill Gates is still the richest man on the planet, according to the latest ranking by Forbes magazine..

The Associated Press reports that Gates has a net worth of US$58.7 billion, down from last year's US$60 billion, while investing guru Warren Buffett came in at second place.

According to AP, Microsoft's Paul Allen slipped behind Buffett, while Oracle founder Larry Ellison, last year's second-richest man, saw his net worth plummet from US$47 billion to US$26 billion.

But that was still good enough to make him No. 4.

Copyright © 2009 CBS Interactive, a CBS Company. All Rights Reserved.
ZDNET is a registered service mark of CBS Interactive. ZDNET Logo is a service mark of CBS Interactive.