Further to my recent post about The Best way to get rich, which you can click through to read if you missed it and are interested. I saw recently that Forbes had updated their list of The World's Billionaires who are collectively apparently worth $6.4 trillion. It would seem I was correct in my earlier post about the best way to get rich as the Top Ten is populated exclusively by business people / owners as follows:
1) Bill Gates $76bn, Microsoft, software
2) Carlos Slim $72bn, America Movil, telecoms
3) Amancio Ortega $64bn, Zara, fashion
4) Warren Buffet $58.2bn, Berkshire Hathaway, investment
5) Larry Ellison $48bn, Oracle, software
6) Charles Koch/David Koch $40bn/$40bn, Koch Industries, various
7) Sheldon Adelson $38bn, Las Vegas Sands, casinos
8) Christy Walton $36.7bn, Wal-Mart, retail
9) Jim Walton $34.7bn, Wal-Mart, retail
10) Liliane Bettencourt $34.5bn, L'Oreal, retail
Must admit that I was surprised to see Bill Gates back at the top of the list given the seeming threat to the Windows monopoly coming from Apple and Google on tablets and smart phones and the apparent unpopularity of Windows 8.
Still I guess he might get richer with the forthcoming end of support for Windows XP next month. If you are still running on XP you'll be getting a pop up about it soon. However don't forget, if you didn't want to enrich Bill Gates further by upgrading to Windows 7 or 8 you can get free open source operating systems, free office and accounting software and more - see the free stuff tab at the top of the website for more details.
I see his friend and bridge partner Warren Buffet has slipped to fourth place in the list, although like Gates he has been giving away some of his wealth. I see he has also been in the news this week for under performing the market last year which he explains in his latest Shareholder Letter. Also If you are interested you can read more about the Forbes Billionaires and their methodology and you can read a report on this from the BBC, which also helpfully explains billions and trillions too. However, for ordinary folk you might want to check out my other wealth related post if you didn't see it already called Wealth is Relative, How much is enough?