Wednesday, March 11, 2009

Net loss in number of billionaires, says annual survey

Good news for Bill Gates, who has regained his crown as the world's richest man.
clipped from www.msnbc.msn.com

Like the rest of us, the richest people in the world have endured a financial disaster over the past year. Today there are 793 people on our list of the World's Billionaires, a 30 percent decline from a year ago.

Of the 1,125 billionaires who made last year's ranking, 373 fell off the list — 355 from declining fortunes and 18 who died. There are 38 newcomers, plus three moguls who returned to the list after regaining their 10-figure fortunes. It is the first time since 2003 that the world has had a net loss in the number of billionaires.

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