Bill Gates sees fortune shrink, but regains richest person title |
Register here for our next TechFlash Live networking event, March 23, featuring an expert panel discussing the future of online advertising.
Today On Techflash
- How to find your seed investor
- Cheezburger, Zillow sit atop startup list
- T-Mobile considers Clearwire joint venture
- Today's the deadline for TechFlash Live
- Amazon leases more space from Vulcan
- Attorney rating service Avvo lands $10M
- HTC responds to Apple patent suit
- iPhone app maker finds a buyer in Gist
- Amazon releases Kindle for Mac
- Zillow releases Android app
Tech Events
Mass High Tech
Bill Gates sees fortune shrink, but regains richest person title
Source: Forbes
Despite losing an estimated $18 billion last year, Bill Gates has once again regained his status as the richest person in the world with a net worth of $40 billion, according to Forbes annual ranking. The Microsoft co-founder beat out his bridge-playing buddy Warren Buffett who lost $25 billion and slipped to the No. 2 slot.
Forbes found that there are 793 billionaires in the world, down from 1,125 in the previous year. Meanwhile, the collective net worth of those on the list slipped to $2 trillion and the average net worth fell by 23 percent to $3 billion.
Microsoft CEO Steve Ballmer ranked 29th at $11 billion, just behind Google founders Larry Page and Sergey Brin. Microsoft co-founder Paul Allen finished the year with $10.5 billion, placing him in the 32nd slot. (Correction: The loss of Allen's net worth has been removed due to a calculation error by Forbes.) Amazon.com founder Jeff Bezos finished in the 68th spot with a net worth of $6.8 billion. Telecom pioneer and Clearwire founder Craig McCaw took a hit, finishing in 559th place with a net worth of $1.2 billion.
Not everyone lost money in 2008? Oprah Winfrey and Michael Bloomberg actually saw their fortunes rise in this tough economic climate. But several people lost their status as billionaries, including Sanford Weill of Citigroup and Mark Zuckerburg of Facebook.
Here's the full list and here's the list of the top 10 billionaire cities, which Seattle didn't make.
TechFlash Team
Recent Sponsor Posts
Technology Tax Planning – Did You Take The Deduction?
Technology companies require professional advisors who can assist in all aspects of the business. The BDO Technology Practice provides a full range of services tailored to help address the changing needs of domestic and international companies. In addition to core audit and tax services, BDO professionals can assist technology companies with:
· Revenue recognition
· Business combination accounting
· R&D tax credits
· Compensation and benefits
· Business valuations
Backed by 38 national offices and an international network in 110 countries, we have the domestic and global footprint to serve growing technology companies. Contact sphilpott@bdo.com (audit partner), mreeves@bdo.com (audit partner), psmith@bdo.com (tax partner), tzambito@bdovaluation.us.com (valuation), tfiscus@bdo.com, Director, 206.624.2020
Join the Microsoft WebsiteSpark program and get software, support and visibility – at no upfront cost. You’ll benefit from fast and easy access to current Microsoft development tools, platform technology and server products including Visual Studio, Expression Studio, Silverlight, Windows Web Server 2008 and SQL Server 2008 Web.
Seattle-based Adhost is a WebsiteSpark hosting partner providing dedicated servers with free Windows Web Server 2008 and SQL Server 2008 licensing for three years to Web developers enrolled in WebsiteSpark. Servers are located in our secure data center with SAS 70 Type II certification, 24x7 technical support and 24x7 client access.
Job Listings
- Medical Transcriptionist 2
- State of Washington Department of Corrections
- Director, Digital Systems - External - 712211
- Microsoft Corporation
- Software Development Engineer, Senior - SQL Base Engine - 712168
- Microsoft Corporation
- Research Analyst: Digital / Connected Consumer Research
- Gartner, Inc.
- Principal Design Engineer, Global Foundation Services - 705529
- Microsoft Corporation
TechFlash Archive
- March 2010 (176)
- January 2010 (235)
- November 2009 (249)
- September 2009 (278)
- July 2009 (276)
- May 2009 (212)
- March 2009 (286)
- January 2009 (260)
- November 2008 (205)
- September 2008 (6)
- February 2010 (243)
- December 2009 (230)
- October 2009 (305)
- August 2009 (239)
- June 2009 (253)
- April 2009 (254)
- February 2009 (262)
- December 2008 (204)
- October 2008 (122)
