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Bill Gates stays top of US rich list

Bill Gates stays top of US rich list

Microsoft co-founder Bill Gates has been named as the wealthiest person in the US for the 17th year in a row.

Forbes magazine put his fortune at $54bn (£34.5bn), with investment guru Warren Buffet second with $45bn.

Software tycoon Larry Ellison was in third place, while Wal-Mart heir Christy Walton was fourth on Forbes’ list of the 400 richest Americans.

It took a net worth of at least $1bn to earn a spot in the rankings – up from $950m in 2009.

The collective net worth of the 400 billionaires rose by 8% from 2009, totalling $1.37 trillion – approximately the same as the GDP of Spain or Canada.

Read More/Source: BBC News

The richest people in America according to Forbes.

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