Would you feel sorry for Bill Gates now that he’s no longer the richest bloke in the world? It’s true he’s no longer the richest man according to Forbes’s 22nd annual ranking. The list includes so many names, so we’ll only focus on the top 5 to make things easy to remember. Let’s take it from the top. Holding the most coveted number one is Warren Edward Buffet from the United States of America. This man has $60.0 billion dollars in his name. A lot of people in the investment world know of this man since Buffet is an investor who owns the firms Fruit of the Loom and ice cream Dairy Queen. He is considered as the most beloved investor in America. Even though he is the son of a politician, Warren Edward Buffet delivered newspapers as a boy. He strived to make his business as good as it is today that is why he is now richer than his friend Bill Gates.

Coming second is Mexican telecoms magnate Carlos Slim who is worth $60.0 billion. This man is a widower and a father of six children. His prosperity started when he bought fixed-line operator Telefons de Mexico or Telmex. This year’s third richest is someone we all know about. He is none other than Microsoft tycoon William H. Gates III whose wealth amounts to $58.0 billion. In the fourth spot is Lakshmi Mittal of India. He owns the world’s largest steelmaker ArcelorMittal. His fortune is worth $45.0 billion. And the fifth is Mukesh Ambani alsoof India who is worth $43.0 billion. This man owns India’s most important company Reliance Industries.

So, these are the top five richest people in the world. Hope you can easily remember their names.