{"id":415564,"date":"2010-03-11T01:05:00","date_gmt":"2010-03-11T06:05:00","guid":{"rendered":"tag:blogger.com,1999:blog-3087194156628161158.post-4195291244736473879"},"modified":"2010-03-11T01:09:56","modified_gmt":"2010-03-11T06:09:56","slug":"cnbc-warren-buffett-drops-to-third-place-in-global-billionaire-ranking","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/415564","title":{"rendered":"CNBC: Warren Buffett Drops to Third Place in Global Billionaire Ranking"},"content":{"rendered":"<p><!-- AddThis Button BEGIN --><\/p>\n<div class=\"fL tool_datetime clr\">Published:       <span class=\"cnbc_sbhd_comp\">Wednesday, 10 Mar 2010 | 6:00 PM ET <\/span><\/div>\n<div class=\"w100p clr cnbc_blgwlt_dot\" archive=\"urn:schemas-microsoft-com:workbench:xslt:archive\">\n<div class=\"padT\">\n<div class=\"fR tool_textsize\"><span class=\"cnbc_sbhd_comp fL padR\"><br \/><\/span><\/div>\n<\/div>\n<\/div>\n<div class=\"w100p clr cnbc_blgwlt_dot\" archive=\"urn:schemas-microsoft-com:workbench:xslt:archive\">\n<div class=\"w100p fL clr padT marB20\">\n<div class=\"fL clr padB20\">\n<div class=\"fL\"><span class=\"cnbc_sbhd_comp\">By: Alex Crippen<br \/>Executive Producer<\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><a name=\"StoryImage\"><\/a><\/p>\n<p class=\"textBodyBlack\"><span id=\"byLine\"><\/span><\/p>\n<table style=\"padding: 5px 15px 0pt 0pt;\" align=\"left\" border=\"0\" cellpadding=\"0\" cellspacing=\"0\" width=\"1%\">\n<tbody>\n<tr>\n<td><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/media.cnbc.com\/i\/CNBC\/Sections\/News_And_Analysis\/_Blogs\/Warren_Buffett_Watch\/_DAILY%20POSTS\/Graphics\/100310_buffett_forbes_no3_200.jpg\" align=\"Left\" border=\"0\" height=\"150\" hspace=\"0\" vspace=\"0\" width=\"200\" \/><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>For the first time in a decade, Warren Buffett is not one of the two richest billionaires in the world, as <b><strong><a href=\"http:\/\/www.cnbc.com\/id\/35798944\/\"><strong>ranked by Forbes magazine<\/strong><\/a><\/strong><\/b>.<\/p>\n<p class=\"textBodyBlack\"><span id=\"byLine\"><\/span>In the <b><strong><a href=\"http:\/\/www.forbes.com\/2010\/03\/10\/worlds-richest-people-slim-gates-buffett-billionaires-2010_land.html\"><strong>just-released 2010 list<\/strong><\/a><\/strong><\/b>, <b><strong><a href=\"http:\/\/www.forbes.com\/lists\/2010\/10\/billionaires-2010_Warren-Buffett_C0R3.html\"><strong>Buffett<\/strong><\/a><\/strong><\/b> is in third place, behind the new leader, Mexico&#8217;s <b><strong><a href=\"http:\/\/www.forbes.com\/lists\/2010\/10\/billionaires-2010_Carlos-Slim-Helu-family_WYDJ.html\"><strong>Carlos Slim<\/strong><\/a><\/strong><\/b>, and Microsoft&#8217;s <a href=\"http:\/\/www.forbes.com\/lists\/2010\/10\/billionaires-2010_William-Gates-III_BH69.html\"><strong>Bill Gates<\/strong><\/a>.<\/p>\n<p class=\"textBodyBlack\"><span id=\"byLine\"><\/span>Forbes says Berkshire Hathaway&#8217;s stock gains over the past year contributed to a $10 billion increase in Buffett&#8217;s personal wealth, to $47 billion from <b><strong><a href=\"http:\/\/www.forbes.com\/lists\/2009\/10\/billionaires-2009-richest-people_Warren-Buffett_C0R3.html\"><strong>last year&#8217;s $37 billion<\/strong><\/a><\/strong><\/b>.<\/p>\n<p class=\"textBodyBlack\"><span id=\"byLine\"><\/span>But Slim&#8217;s fortune increased by $18.5 billion to $53.5 billion as prices soared for his telecom holdings, putting him into the top spot.  Forbes notes that shares of America Movil <span id=\"WSODQ_COMPONENT_AMX_ID0ELIAC15839609\"><script type=\"text\/javascript\">cnbc_comboQuoteMove('popup_AMX_ID0ELIAC15839609');<\/script><span id=\"span_quote_AMX_ID0ELIAC15839609\" style=\"text-decoration: none;\" onmouseover=\"cnbc_spanTipPopShow('combo_popup_AMX_ID0ELIAC15839609',this,'0','15');\" onmouseout=\"cnbc_spanTipPopTimeHide('combo_popup_AMX_ID0ELIAC15839609',this,'0','15');\"><a style=\"font-family: Arial; font-weight: bold; font-size: 12px; color: rgb(0, 66, 118); text-decoration: none;\" onmouseover=\"this.style.color='#Fc7410'\" onmouseout=\"this.style.color='#004276'\" href=\"http:\/\/data.cnbc.com\/quotes\/AMX\" class=\"black_no_change\"><span id=\"set_quote_AMX_ID0ELIAC15839609\">[<\/span><span id=\"WSODQSTREAMOFF_AMX_SYMBOL_1_ID0ELIAC15839609\">AMX<\/span>    <span id=\"WSODQSTREAMOFF_AMX_LAST_1_ID0ELIAC15839609\">47.78<\/span>    <span id=\"WSODQSTREAMOFF_AMX_CHANGEARROW_1_ID0ELIAC15839609\"><img decoding=\"async\" src=\"http:\/\/media.cnbc.com\/i\/CNBC\/CNBC_Images\/componentbacks\/watchlist_up.gif\" border=\"0\" \/><\/span>      <span class=\"green_pos_change\" id=\"WSODQSTREAMOFF_AMX_DYNACOLOR0_1_ID0ELIAC15839609\"><span id=\"WSODQSTREAMOFF_AMX_CHANGE_1_ID0ELIAC15839609\">0.49<\/span>    <span id=\"WSODQSTREAMOFF_AMX_UNCHHIDE_1_ID0ELIAC15839609\" class=\"WSODQ_CHGSHOW\">(<span id=\"WSODQSTREAMOFF_AMX_CHANGEPCT_1_ID0ELIAC15839609\">+1.04%<\/span>)<span id=\"WSODQSTREAMOFF_AMX_FLASH_1_ID0ELIAC15839609\"><\/span><\/span><\/span>      <span><img decoding=\"async\" src=\"http:\/\/media.cnbc.com\/i\/CNBC\/CNBC_Images\/backgrounds\/realtime_icon.gif\" border=\"0\" \/><\/span>]<\/a><\/span><\/span><script type=\"text\/javascript\">         cnbc_quoteComponent_init_getData(\"AMX\",\"WSODQ_COMPONENT_AMX_ID0ELIAC15839609\",\"WSODQ\",\"true\",\"ID0ELIAC15839609\",\"off\",\"false\",\"inLineQuote\");         <\/script> gained 35 percent in a year.  Slim owns a stake worth $23 billion.<\/p>\n<p class=\"textBodyBlack\"><span id=\"byLine\"><\/span>It is the first time since 1994 that the world&#8217;s richest billionaire has not been from the United States.<\/p>\n<p class=\"textBodyBlack\"><span id=\"byLine\"><\/span>Even a $13 billion increase for Bill Gates, from $40 billion to $53 billion, wasn&#8217;t enough to keep him in the top slot.  It&#8217;s only the second time in five years that Gates hasn&#8217;t been number one.<\/p>\n<p class=\"textBodyBlack\"><span id=\"byLine\"><\/span>In 1998, <b><strong><a href=\"http:\/\/www.cnbc.com\/id\/23487260\/Warren_Buffett_Named_World_s_Richest_Billionaire_By_Forbes\"><strong>Buffett climbed to the top<\/strong><\/a><\/strong><\/b> of the Forbes global chart with an estimated $62 billion.   He joked that he passed Gates because &#8220;<b><strong><a href=\"http:\/\/www.cnbc.com\/id\/23500122\/\"><strong>I spend less<\/strong><\/a><\/strong><\/b>.&#8221;<\/p>\n<p class=\"textBodyBlack\"><span id=\"byLine\"><\/span>Buffett, however, <b><strong><a href=\"http:\/\/www.cnbc.com\/id\/26763452\/\"><strong>lost his title of world&#8217;s richest billionaire<\/strong><\/a><\/strong><\/b> just six months later when he came in number two behind Gates in the magazine&#8217;s list of the 400 richest Americans.<\/p>\n<p class=\"textBodyBlack\"><span id=\"byLine\"><\/span>He&#8217;s always finished either #1 or #2 in the annual global list since 2000, when he was <a href=\"http:\/\/www.forbes.com\/lists\/home.jhtml?passListId=10&amp;passYear=2000&amp;passListType=Person\"><strong>number four<\/strong><\/a><b><strong>, <\/strong><\/b>behind Gates, Larry Ellison (<a href=\"http:\/\/www.forbes.com\/lists\/2010\/10\/billionaires-2010_Lawrence-Ellison_JKEX.html\"><strong>number 6 this year<\/strong><\/a>,) and Paul Allen (<b><strong><a href=\"http:\/\/www.forbes.com\/lists\/2010\/10\/billionaires-2010_Paul-Allen_1217.html\"><strong>number 37 this year<\/strong><\/a><\/strong><\/b>.)<\/p>\n<p><a name=\"StoryImage\"><\/a><\/p>\n<p class=\"textBodyBlack\"><span id=\"byLine\"><\/span>Current Berkshire stock prices:<\/p>\n<table style=\"padding: 5px 0pt 0pt 15px;\" align=\"right\" border=\"0\" cellpadding=\"0\" cellspacing=\"0\" width=\"1%\">\n<tbody>\n<tr>\n<td>\n<map name=\"map23175096\">\n<area coords=\"0,0,300,80\" shape=\"rect\" alt=\"Berkshire Portfolio\" href=\"http:\/\/www.cnbc.com\/id\/22130601\/\"><\/map>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/media.cnbc.com\/i\/CNBC\/Sections\/News_And_Analysis\/_Blogs\/Warren_Buffett_Watch\/_DAILY%20POSTS\/Graphics\/080214_portfolio_tracker_badge.jpg\" usemap=\"http:\/\/feedproxy.google.com\/~r\/EverythingWarrenBuffett\/~3\/z_61ymIqwCc\/cnbc-warren-buffett-drops-to-third.html#map23175096\" align=\"Right\" border=\"0\" height=\"80\" hspace=\"0\" vspace=\"0\" width=\"300\" \/><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p class=\"textBodyBlack\"><span id=\"byLine\"><\/span>Class B: <span id=\"WSODQ_COMPONENT_BRK.B_ID0E3DAE15839609\"><script type=\"text\/javascript\">cnbc_comboQuoteMove('popup_BRK.B_ID0E3DAE15839609');<\/script><span id=\"span_quote_BRK.B_ID0E3DAE15839609\" style=\"text-decoration: none;\" onmouseover=\"cnbc_spanTipPopShow('combo_popup_BRK.B_ID0E3DAE15839609',this,'0','15');\" onmouseout=\"cnbc_spanTipPopTimeHide('combo_popup_BRK.B_ID0E3DAE15839609',this,'0','15');\"><a style=\"font-family: Arial; font-weight: bold; font-size: 12px; color: rgb(0, 66, 118); text-decoration: none;\" onmouseover=\"this.style.color='#Fc7410'\" onmouseout=\"this.style.color='#004276'\" href=\"http:\/\/data.cnbc.com\/quotes\/BRK.B\" class=\"black_no_change\"><span id=\"set_quote_BRK.B_ID0E3DAE15839609\">[<\/span><span id=\"WSODQSTREAMOFF_BRK.B_SYMBOL_1_ID0E3DAE15839609\">BRK.B<\/span>    <span id=\"WSODQSTREAMOFF_BRK.B_LAST_1_ID0E3DAE15839609\">82.07<\/span>    <span id=\"WSODQSTREAMOFF_BRK.B_CHANGEARROW_1_ID0E3DAE15839609\"><img decoding=\"async\" src=\"http:\/\/media.cnbc.com\/i\/CNBC\/CNBC_Images\/componentbacks\/watchlist_down.gif\" border=\"0\" \/><\/span>      <span class=\"red_neg_change\" id=\"WSODQSTREAMOFF_BRK.B_DYNACOLOR0_1_ID0E3DAE15839609\"><span id=\"WSODQSTREAMOFF_BRK.B_CHANGE_1_ID0E3DAE15839609\">-0.40<\/span>    <span id=\"WSODQSTREAMOFF_BRK.B_UNCHHIDE_1_ID0E3DAE15839609\" class=\"WSODQ_CHGSHOW\">(<span id=\"WSODQSTREAMOFF_BRK.B_CHANGEPCT_1_ID0E3DAE15839609\">-0.49%<\/span>)<span id=\"WSODQSTREAMOFF_BRK.B_FLASH_1_ID0E3DAE15839609\"><\/span><\/span><\/span>      <span><img decoding=\"async\" src=\"http:\/\/media.cnbc.com\/i\/CNBC\/CNBC_Images\/backgrounds\/realtime_icon.gif\" border=\"0\" \/><\/span>]<\/a><\/span><\/span><script type=\"text\/javascript\">         cnbc_quoteComponent_init_getData(\"BRK.B\",\"WSODQ_COMPONENT_BRK.B_ID0E3DAE15839609\",\"WSODQ\",\"true\",\"ID0E3DAE15839609\",\"off\",\"false\",\"inLineQuote\");         <\/script><\/p>\n<p class=\"textBodyBlack\"><span id=\"byLine\"><\/span>Class A: <span id=\"WSODQ_COMPONENT_BRK.A_ID0ECJAE15839609\"><script type=\"text\/javascript\">cnbc_comboQuoteMove('popup_BRK.A_ID0ECJAE15839609');<\/script><span id=\"span_quote_BRK.A_ID0ECJAE15839609\" style=\"text-decoration: none;\" onmouseover=\"cnbc_spanTipPopShow('combo_popup_BRK.A_ID0ECJAE15839609',this,'0','15');\" onmouseout=\"cnbc_spanTipPopTimeHide('combo_popup_BRK.A_ID0ECJAE15839609',this,'0','15');\"><a style=\"font-family: Arial; font-weight: bold; font-size: 12px; color: rgb(0, 66, 118); text-decoration: none;\" onmouseover=\"this.style.color='#Fc7410'\" onmouseout=\"this.style.color='#004276'\" href=\"http:\/\/data.cnbc.com\/quotes\/BRK.A\" class=\"black_no_change\"><span id=\"set_quote_BRK.A_ID0ECJAE15839609\">[<\/span><span id=\"WSODQSTREAMOFF_BRK.A_SYMBOL_1_ID0ECJAE15839609\">BRK.A<\/span>    <span id=\"WSODQSTREAMOFF_BRK.A_LAST_1_ID0ECJAE15839609\">123250.00<\/span>    <span id=\"WSODQSTREAMOFF_BRK.A_CHANGEARROW_1_ID0ECJAE15839609\"><img decoding=\"async\" src=\"http:\/\/media.cnbc.com\/i\/CNBC\/CNBC_Images\/componentbacks\/watchlist_down.gif\" border=\"0\" \/><\/span>      <span class=\"red_neg_change\" id=\"WSODQSTREAMOFF_BRK.A_DYNACOLOR0_1_ID0ECJAE15839609\"><span id=\"WSODQSTREAMOFF_BRK.A_CHANGE_1_ID0ECJAE15839609\">-340.00<\/span>    <span id=\"WSODQSTREAMOFF_BRK.A_UNCHHIDE_1_ID0ECJAE15839609\" class=\"WSODQ_CHGSHOW\">(<span id=\"WSODQSTREAMOFF_BRK.A_CHANGEPCT_1_ID0ECJAE15839609\">-0.28%<\/span>)<span id=\"WSODQSTREAMOFF_BRK.A_FLASH_1_ID0ECJAE15839609\"><\/span><\/span><\/span>      <span><img decoding=\"async\" src=\"http:\/\/media.cnbc.com\/i\/CNBC\/CNBC_Images\/backgrounds\/realtime_icon.gif\" border=\"0\" \/><\/span>]<\/a><\/span><\/span><script type=\"text\/javascript\">         cnbc_quoteComponent_init_getData(\"BRK.A\",\"WSODQ_COMPONENT_BRK.A_ID0ECJAE15839609\",\"WSODQ\",\"true\",\"ID0ECJAE15839609\",\"off\",\"false\",\"inLineQuote\");         <\/script><\/p>\n<p class=\"textBodyBlack\"><a name=\"comments\"><span style=\"font-weight: bold;\"><br \/><\/span><\/a><\/p>\n<p class=\"textBodyBlack\"><a name=\"comments\"><span style=\"font-weight: bold;\">Share Investor Links<\/span><\/a><a name=\"comments\"><\/a><\/p>\n<p><a href=\"http:\/\/www.shareinvestorblog.com\/\">Share Investor Blog<\/a> &#8211; Stockmarket &amp; Business commentary<br \/>Discuss this topic @<a href=\"http:\/\/www.shareinvestorforum.com\/\"> Share Investor Forum<\/a> &#8211; <a href=\"http:\/\/shareinvestorforum.com\/ucp.php?mode=register&amp;sid=450a61250472e03fa25c205c9c1723f1\"><strong>Register<strong><\/strong><\/strong><\/a> free<\/p>\n<p><a href=\"http:\/\/shareinvestorforum.com\/viewtopic.php?f=36&amp;t=140&amp;p=1013#p1013\"><span style=\"font-weight: bold;\">Download the 2009 Warren Buffett Letter &amp; 2009 Annual Report to Berkshire Hathaway Shareholders<\/span><\/a><br \/><a href=\"http:\/\/shareinvestorforum.com\/viewtopic.php?f=36&amp;t=140&amp;start=15#p960\"><span><span style=\"font-weight: bold;\">Download the 1977 &#8211; 2009 Warren Buffett Letter&#8217;s to Berkshire Hathaway Shareholders<\/span><\/span><\/a><\/p>\n<p><span style=\"font-weight: bold;\">Recommended Amazon Reading<\/span><\/p>\n<p><script type=\"text\/javascript\">var addthis_pub=\"shareinvestor\";<\/script><\/p>\n<table id=\"searchResults\" cellspacing=\"0\">\n<tbody>\n<tr class=\"clsEven\">\n<td class=\"tdimage\"><a href=\"http:\/\/astore.amazon.com\/shareinvestorbookstore-20\/detail\/1439149372\"><img decoding=\"async\" src=\"http:\/\/ecx.images-amazon.com\/images\/I\/41qXBx8NLxL._SL75_.jpg\" alt=\"Warren Buffett's Management Secrets: Proven Tools for Personal and Business Success\" \/><\/a><\/td>\n<td class=\"tddescription\"><a href=\"http:\/\/astore.amazon.com\/shareinvestorbookstore-20\/detail\/1439149372\">Warren Buffett&#8217;s Management Secrets: Proven Tools for Personal and Business Success<\/a> by <span class=\"by\">Mary Buffett<\/span><br \/>Buy new:        $16.50       \/ Used from:        $13.20<br \/><span class=\"availability\">Usually ships in 24 hours<\/span><\/td>\n<\/tr>\n<tr class=\"clsOdd\">\n<td class=\"tdimage\"><a href=\"http:\/\/astore.amazon.com\/shareinvestorbookstore-20\/detail\/0060555661\"><img decoding=\"async\" src=\"http:\/\/ecx.images-amazon.com\/images\/I\/41rcIrKhYiL._SL75_.jpg\" alt=\"The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition)\" \/><\/a><\/td>\n<td class=\"tddescription\"><a href=\"http:\/\/astore.amazon.com\/shareinvestorbookstore-20\/detail\/0060555661\">The Intelligent Investor: The Definitive Book on Value Investing. 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In the just-released 2010 list, Buffett is in third place, behind the new leader, Mexico&#8217;s Carlos Slim, [&hellip;]<\/p>\n","protected":false},"author":833,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-415564","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/415564","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/833"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=415564"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/415564\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=415564"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=415564"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=415564"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}