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Warren Buffett Biography (Warren Edward Buffett) : Famous American Investor - Stock Market Guru
Famous for : The successful Berkshire Hathaway Company, being one of the richest men in the world, and for being a generous philanthropist.
Buffet details : Born - August 30, 1930 Omaha, Nebraska, USA / Lives - United States of America - Omaha

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Warren Buffett Richer than Bill Gates 2008

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Warren Buffett has become the richest man in the world according to the Forbes business magazine which ranks the billionaires of the world each year. The famous stock market investor has long been denied the number position by his friend and bridge playing partner Bill Gates.

Bill Gates held the number one position on the world rich list for the past thirteen years in a row. The Microsoft billionaire didn't see his fortune disappear over the past twelve months, his wealth just didn't grow as quickly as the world's most famous value investor. Mr. Microsoft is still worth an impressive $58 billion, which is an increase of $2 billion over the past year. Gates is now in third place with the richest Mexican Carlos Slim Helu taking second place.

If investors in Microsoft were happier with its bid for the Internet company Yahoo! Gates may still have held onto his number one position on the global rich list. Since Microsoft made a bid for Yahoo! towards the end of January through to the Forbes cutoff date on the 11th of February Microsoft saw its share price head south by 15%, which may have been enough to knock Bill Gates off of his perch.

Warren Buffett's company Berkshire Hathaway has seen its share price increasing despite the turmoil that has hit world share markets over the past 12 months. Buffett saw his personal fortune rise by $10 billion, giving him a net worth of $62 billion.

Update: 2008 Bill Gates Richer than Warren Buffett - After losing the number one position to Warren Buffett earlier in 2008 on the Forbes world rich list, Bill Gates has overtaken his friend on the Richest Americans list compiled by Forbes. It still isn't clear if Bill Gates is again the richest man in the world as the Mexican billionaire Carlos Slim Helu's net worth wasn't measured by Forbes on the recent US rich list review.

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Warren Buffett Quotes Famous Warren Buffett Quotes

Wide diversification is only required when investors do not understand what they are doing.
Warren Buffett - Stock Market - Investing - Knowledge

Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years.
Warren Buffett - Stock Market - Long Term Investing

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Warren Buffet Richest Man in the World

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