Bill Gates has been supplanted as the world's richest man, according to a revised Forbes Magazine ranking, using October 1 data. Gates now takes second place to Berkshire Hathaway Chairman and CEO Warren Buffett, whose wealth Forbes estimated at $58 billion.
Gates had held the top richest spot for 15 years, but his wealth slipped from $57 billion in August to $55.5 billion in October, the magazine reported. Taking third place, at $25.4 billion, was Gates' ostensible nemesis, Larry Ellison, cofounder and CEO of Oracle Corp.
Source:→ Redmond Developer News