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2010-09-23 - Celebrity News
Windsor Genova - AHN News News Writer

Forbes: Bill Gates Still Richest American

New York, NY, United States (AHN) -- Microsoft founder Bill Gates is still the richest American, topping the Forbes 400 list with an estimated fortune worth $54 billion, according to the business magazine. This is Gates' his 17th consecutive year on the list as the richest American.

Gates' wealth, including $16 billion worth of shares in Microsoft, is $4 billion more than last year; 216 others on the list also increased their assets. The combined net worth of those is the list is $1.37 trillion, eight percent higher than the previous year's value of $1.27 trillion.

This year's list ranked investor Warren Buffett as the second richest American with an estimated fortune of $45 billion. Oracle CEO Larry Ellison followed with $20 billion in fortunes.

Facebook founder and CEO Mark Zuckerberg is the fastest rising member of the list as his wealth rose 245 percent over the year to amass $6.9 billion, good for No. 35.

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