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Omar Torres, AFP/Getty Images
Gates Is Not the Richest
Forbes' 22nd annual ranking of the World's Billionaires reflects all sorts of upheavals in the list's makeup
-- and not just because Bill Gates was bumped from the top spot. Two years ago, half of the world's 20 richest were from the U.S. Now only four are.
Click through our gallery as we count down the top five world's richest people, see how far Gates has fallen, and then see who else made it onto the full list.
· Article: The World's Billionaires
Next: No. 5 World's RichestMore From Forbes:
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AP Photo
No. 5: Mukesh Ambani
Country: India
Net Worth: $43.0 billion
Asia's richest resident heads petrochemicals giant Reliance Industries, India's most valuable company by market cap. His fortune is up $22.9 billion since last year, making him the world's second-biggest gainer in terms of dollars. Mukesh is using some of his money to build a 27-story home.
· More on Mukesh Ambani
Next: No. 4 World's RichestMore From Forbes:
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John Thys/AFP/Getty Images
No. 4: Lakshmi Mittal
Country: India
Net Worth: $45.0 billion
Mittal heads the world's largest steelmaker, ArcelorMittal, which accounts for 10% of all crude steel production. It just delivered 580 tons to be used in construction of the World Trade Center memorial in New York. With a 44% stake, he is the company's largest shareholder.
· More on Lakshmi Mittal
Next: No. 3 World's RichestMore From Forbes:
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Remi Ochlik/Maxppp/Landov
No. 3: William H. Gates III
Country: United States
Net Worth: $58.0 billion
After 13 straight years, the Harvard dropout and Microsoft visionary is no longer the world's richest man. Blame Yahoo!: Microsoft shares have fallen 15% since the company boldly attempted to merge with the search engine giant to better fight Google for Internet dominance. Gates is preparing to give up day-to-day involvement in Microsoft to spend more time on philanthropic endeavors.
· More on Bill Gates
Next: No. 2 World's RichestMore From Forbes:
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AP Photo
No. 2: Carlos Slim Helú & Family
Country: Mexico
Net Worth: $60.0 billion
The son of a Lebanese immigrant, Slim made his first fortune in 1990 when he bought fixed-line operator Telefonos de Mexico (Telmex) in a privatization. In December, America Movil struck a deal with Yahoo! to provide mobile Web services to 16 countries in Latin America and the Caribbean. A widower and father of six, Slim is a baseball fan and art collector.
· More on Carlos Slim Helú
Next: No. 1 World's RichestMore From Forbes:
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Stephanie Kuykenal/Bloomberg News/Landov
No. 1: Warren Edward Buffett
Country: United States
Net Worth: $62.0 billion
America's most beloved investor is now the world's richest man. The son of a Nebraska politician, he delivered newspapers as a boy and filed his first tax return at age 13, claiming a $35 deduction for his bicycle. This year, he soared past friend and bridge partner Bill Gates as shares of Berkshire Hathaway climbed 25% since the middle of last July.
· More on Warren Buffett
· See All of the Billionaires
More on AOL: Young BillionairesMore From Forbes:
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Also on AOL:
Young BillionairesAs part of the release of Forbes' 22nd annual World's Billionaires list, we take a look at some of this year's youngest members.
Click through our gallery for a glimpse of 10 individuals who are wealthy beyond their years. See what they are worth and how they obtained their fortunes.
Gallery: 10 Billionaires 35 and Under
More on AOL: Unknown BillionairesMore From Forbes:
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Cassandra Shie, AOL
Also on AOL:
Unknown BillionairesMad money does not always equal fame. These folks manage to skirt the public eye despite their billions. We're not talking about famous and reclusive. We're talking about being flat-out unknown among the masses.
Gallery: Richest People You've Never Heard Of
Next: More Special FeaturesMore From Forbes:
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World's Rarest Items
Luxist.com takes a peek inside the world of the uncommon and elusive. From wine, coins and jewels to jeans, pets and food -- they reveal the world's rarest items in each of 18 categories.
Click through our gallery to see which prized possessions made the list -- and what makes them so special.
Bet You Don't Own One of These!
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Recent Comments
RSKDATA 06:20:26 PM Mar 11 2009
Thank God for wealthy people they give us something to reach for.
Gbuick87gnx 06:08:55 PM Mar 11 2009
What would it profit a man to gain the whole world, and yet lose his own soul ?
CBAUFAN 06:07:41 PM Mar 11 2009
It beats the hell out of me just what made these sorry rich SOB's throw money and support to obama.
expresss28 04:28:49 AM Jun 12 2008
Success is a lousy teacher. It seduces smart people into thinking they can't lose. -- Bill Gates
binkar00 01:13:40 PM Mar 27 2008
I am very proud of Mr Bill gates as he still continues to donate to the charities even though he came down from the 1st place. I work as a contractor in the World bank and I know as how much money he still donates for the AIDS and CANCER charities. HE NEVER STOPS DONATING whatever his position is in the richest people list.
I am very ashamed of this guy Mukesh Ambani as he is building a 23 floor house for his wife, there are lot of poor people suffering in India he never bothered to help any charities.
Gates is funding from US to the AIDS charity in India, but this Indian Mukesh ambani doesn't care to help any one .
To me GATES is always the BEST and FIRST!!!!!!

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