Gates stays atop Forbes list of America's richest

By: From Wire Reports
By: From Wire Reports

NEW YORK (AP) - Microsoft Corp. co-founder Bill Gates is still America's richest man, taking the top spot in the Forbes 400 list for the 20th-straight year with a net worth of $72 billion.

Investor Warren Buffett, the head of Berkshire Hathaway Inc., remains in second place with $58.5 billion, while Oracle Corp. co-founder Larry Ellison stays third with $41 billion.

Brothers Charles and David Koch, co-owners of Koch Industries Inc., stay tied for fourth with $36 billion each.

Forbes says America's super rich continued to increase their wealth ver the past year, with the 400 people on the annual list posting a combined net worth of $2 trillion, up from $1.7 trillion a year ago. That marks their highest combined value ever.

Forbes attributed the growth to strong stock and real estate markets.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)


Sherman 4201 Texoma Pkwy (903) 892 -8123 Ardmore 2624 S. Commerce (580) 223-0946
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 224110161