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Buffett now richest American; Gates poorer


As if announcing who is rich matters especially at this time when everyone is poor (or feeling poor), a recalculated list by Forbes would name Warren Buffett as richest American in the Forbes 400 list.

The recalculation took into consideration the effect of the economic woes that we are all in. While my pathetic investment is down by 60% and will surely become dust soon, Buffett on the other hand added $8 billion to his net worth from August 29 to October 1 for a total of $58 billion.

How about Bill Gates? He is poorer now by $1.5 billion to $55 billion over the same period as Buffett. He relinquishes the top spot after 15 years.

The magazine is due to come out October 27. Don’t look for my name.











Comments


One Archived Response to “ Buffett now richest American; Gates poorer ”

  1. michael nwandu
    Apr 1, 2009

    hello sir.i thank you for what you are doing around the world.i live in africa in nigeria.i go to the university but my parents cannot continue paying my schoolfees or even take care of me.I study banking and finance in the university.pls sir,i need your help to sponsor me financially through school and i promise to refund when i get a good job.thanks for your charitable donation to me .God bless you.i hope to be part of your bill and melia gates foundation in my area.my mail is proevos23@yahoo.com.my name is michael nwandu.Am 25years.I ASPIRE to be great like you. .thank u so much