Microsoft co-founder Bill Gates has regained the top spot on Forbes' annual list of the world's richest people as investment guru Warren Buffett and Mexican telecom magnate Carlos Slim each lost $US25 billion ($A38.71 billion). Gates lost just $US18 billion ($A27.87 billion) in the financial apocalypse that hit world markets last year and is now worth $US40 billion ($A61.93 billion) compared to Buffet's $US37 billion ($A57.28 billion) and Slim's $US35 billion ($A54.19 billion).
The financial devastation took a heavy toll on the world's billionaire's club, with the top 10 richest people losing a total of $US238 billion ($A368.48 billion) - more than the gross domestic product of Ireland or Israel.
In total the number of billionaires in the 2009 rich list fell to 793 from 1,125 a year earlier, while the total net worth of the billionaire's club was just $US2.4 trillion ($A3.72 trillion) - down from $US4.4 trillion ($A6.81 trillion) the year earlier.
The average billionaire is now worth $US3 billion ($A4.64 billion), down from $US3.9 billion ($A6.04 billion) in 2007.
The year's biggest loser was India's Anil Ambani, who saw his value decline by $US31.9 billion ($A49.39 billion) to $US10.1 billion ($A15.64 billion). His compatriot Lakshmi Mittal also suffered staggering losses. His fortune plummeted $US25.7 billion ($A39.79 billion) to $US19.3 billion ($A29.88 billion).
Billionaires whose fortune increased were few and far between. One was New York Mayor Michael Bloomberg who bought back a $US4.5 billion ($A6.97 billion) chunk of his financial services market from cash-strapped Merrill Lynch, while another was financial guru John Paulson, who made billions of dollars betting against the housing market.
The decline in fortunes hit especially hard in Russia and Asia, allowing Americans once again to dominate the rich list with 10 of the top 20 spots. New York replaced Moscow as the top billionaire city with 55 members of the rich list, followed by London with 28 billionaires and Moscow with 27.
Another LIE deliberately perpetuated by the MASS MEDIA.
Under NO circumstances do these outlets talk about Freemasonry in Politics, Law or Banking and Finance or any other KEY positions.
See video: Rothschild : They are the World's richest family yet they NEVER make it into the mainstream media.
See discussion on abovetopsecret.com
Rockeffelers, Rothschilds not on Rich lists
Businessweek 1998 - The Richest family in history?
dailymail.co.uk : The Richest Rothschild of them all
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