March 09, 2007

The rich and the young.


A new list of billionaires has been released by Forbes.
In the latest count there are 946 billionaires among whom 178 are newcomers.Coincidentally 40 of them fall below the age group of 40.

In Asia, India had the highest number of billionaires, overtaking Japan, which for two decades had held the region's top spot.India had 36 billionaires worth a total $191 billion while Japan's 24 billionaires were worth $64 billion

From the tech industry...

Google founders Larry Page and Sergey Brin are now worth $16.6 billion each, and the speed at which they amassed their fortune far is exceeding the pace of Gates, the magazine said. They both were ranked No. 26 on the list.

Back on the list were BET television network founder Robert Johnson and AOL's Stephen Case, in 840th place with $1.1 billion and 891st with $1 billion, respectively.

Computer maker Michael Dell and the heirs of Wal-Mart founder Sam Walton fell from the top 20. Dell was No. 30, worth $15.8 billion, and four Waltons were worth from $16.4 billion to $16.8 billion, ranking 23rd to 29th.

Microsoft Corp. Chairman Bill Gates was the richest man for the 13th straight year, with $56 billion, followed by Warren Buffett, chief executive of Berkshire Hathaway Inc., with $52 billion. Mexican telecoms tycoon Carlos Slim remained No. 3, with $49 billion.


Courtesy: CNN.com

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