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Fri, Nov 21, 2008 - 04:10 AM EST  —  AAPL: 80.49 (-5.80, -6.72%)  |  NASDAQ: 1316.12 (-70.30, -5.07%)

Forbes’ list of world’s richest people: Bill Gates not #1, Steve Jobs 189th with $5.4 billion
Wednesday, March 05, 2008 - 10:47 PM EST

"After 13 years on top, Bill Gates is no longer the richest man in the world. That honor now belongs to his friend and sometimes bridge partner Warren Buffett," Forbes reports in their annual list of The World's Richest Billionaires.

"Riding the surging price of Berkshire Hathaway stock, Buffett has seen his fortune swell to an estimated $62 billion, up $10 billion from a year ago," Forbes reports.

"Gates is now worth $58 billion and is ranked third richest in the world. He is up $2 billion from a year ago, but would have been as rich--or richer--than Buffett, had Microsoft not made an unsolicited bid for Yahoo! at the beginning of February. Mexican telecom mogul Carlos Slim Helú now ranks as the world's second richest person with a net worth of $60 billion," Forbes reports.

Full article here.

MacDailyNews Note: Apple CEO Steve Jobs is ranked 189th with $5.4 billion. One question: Why is only Steve Jobs' bio sensationalized with Forbes taking as many cheap shots as possible? Go ahead look at some of the other bios (even Gates') and compare them with Forbes' take on Jobs.

Forbes' description of Jobs, riddled with inaccuracies (NBC had nothing to do with Apple TV 1.0's success or failure, is the sale of nearly 1 million Apple TV units sold in the first 11 months really a flop? Etc.), reads as follows:

Hailed as the "igod" on magazine cover for advent of iPhone—slickest, most-hyped gadget ever. Black-clad digi-god suddenly a Dark Angel falling to earth. His creation sells a million units in 10 weeks at $600; instant $200 price cut riles disciples. Then gets a Tinseltown takedown when he tries to muscle Hollywood as he did music biz; NBC Universal pulls shows from iTunes. Result: iFlop for Apple TV. New novel "Options" by "FakeSteve" (a FORBES writer) depicts him as narcissistic jerk. Adopted by working-class couple, dropped out of Reed College, starts Apple in proverbial garage. Fired 1985. Best revenge: One year later he buys Pixar graphics startup from Star Wars creator George Lucas for $10 million. Sells it to Disney 20 years later for $7.4 billion—thanks to heavenly hit list (Toy Story, Monsters Inc., Finding Nemo, The Incredibles). In interim had second coming at Apple 1996. Now Mickey's largest individual holder. Never mind the setbacks. Still coolest tech superstar ever.

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Mar 05, 08 - 10:58 pm Comment from: Who

Who is Forbes anyway?

Mar 05, 08 - 11:02 pm Comment from: Murasaki

Forbes has become less relevant now.

Mar 05, 08 - 11:14 pm Comment from: krquet

FSJ.

MDN magic word is foot.

Mar 05, 08 - 11:45 pm Comment from: Who

@Rob

Its just a little less.

Mar 05, 08 - 11:47 pm Comment from: mark

forbes is pissed that fortune got that jobs interview.

Mar 06, 08 - 12:09 am Comment from: Rob

Well... The headline has been fixed and my previous post has been deleted. No thousands of readers will fail to see how funny I am. Poo.

Mar 06, 08 - 12:34 am Comment from: hs

'Coolest Tech Superstar'... ok...

it's like reviewing a movie, saying how bad it is, then giving it a 5 star rating

Mar 06, 08 - 01:24 am Comment from: Spark

"most-hyped gadget ever"

Putting aside the fact that almost every reviewer worth his salt has stated the iPhone lives up the hype, I think the "Clapper" was hyped more. Now, may the most talked about gadget.... yeah, that's the ticket!

Mar 06, 08 - 02:10 am Comment from: The Other Steve

Only $5.4 Billion?

Time to double his salary! wink

Mar 06, 08 - 02:14 am Comment from: echo416

@ The Other Steve...

Wouldn't that mean he'd be drawing a salary of $2? wink

Mar 06, 08 - 02:25 am Comment from: Awesome

I needa USA girl Please.
PS: I helped a PC user.
PSSS: Need more USA influence in NZ.

Mar 06, 08 - 02:36 am Comment from: The Other Steve

@ echo416
Yes, that was the point.

What the heck, triple his salary!

Mar 06, 08 - 04:18 am Comment from: British Mac Head

I fail to see how relevant this article is anyway. I just don't think Steve jobs is that bothered where he comes in the billionaire hit parade. He has said on occasion that his motivation is to make great products and that is exactly what Apple do. Pixar also make great animated feature films.

Of course Jobs enjoys having money. It allows him to do what he wants to do outside of work but just accumulating wealth. What's the point beyond having more than any one person needs anyway?

If I had the money the top three have I don't think I could blindly just hold on to it all when I could help realise important improvements to medical science or the way it could help a third world countries education and agriculture. I couldn't just let it sit all useless in my bank account.

I am sure SJ gives plenty away to charity from the interest he makes on his coffers. Only difference is he doesn't make a big issue about his charitable concerns.

Unlike some!

Mar 06, 08 - 07:08 am Comment from: Steve P.

Listen gang, money is nice, but really, look at my friend William... he really has no real friends but yet he is the third richest man!

Money, wish we could just leave it behind, like we do with our copies of windows!

Steve

Mar 06, 08 - 09:04 am Comment from: All Thumbs Review

Thumbs down: "Forbes taking as many cheap shots as possible...riddled with inaccuracies...is the sale of nearly 1 million Apple TV units sold in the first 11 months really a flop?"

Good question. Here is the answer:

"Here's how I look at it. Everybody's tried to make a great product for the living room. Microsoft's tried, we've tried -- everybody's tried. And everybody's failed. We failed, so far." --SJ

That's from the other Forbes piece today that was "highly recommened" Thumbs up!

Mar 06, 08 - 09:29 am Comment from: Ampar

"PSSS: Need more USA influence in NZ."

Post Script Script Script?

Mar 06, 08 - 09:33 am Comment from: Ampar

"I think the "Clapper" was hyped more."

Yeah, but when you hire a five dollar hooker with that name you get what you pay for.

Mar 06, 08 - 09:42 am Comment from: Drunk Cheney

True they didn't give Mr. Jobs the glowing cover as say Bill Gates. (Blaming Yahoo for poor MS stock performance instead of putting it where it belongs - on the front door at MS)

But I have to say. Bill - dude, who the fsck cuts your hair. All that money and you still go to Super Cuts or Hair Cuts For a Dollar. That is just pathetic. Your lack of personal panache is shown through in your company. Not to mention that that the fact the you are leaving the company you created shows how little you really care about what you have done and it's product. It was always all about the money and it shows. Good riddance.

Mar 06, 08 - 10:13 am Comment from: @ British Mac Head

I can't speak for the Mexican at #2 but Gates and Buffett do give away shit loads of money to cheritable causes. I'm no Bill or Microsoft fan but he has been pretty generous with his money. Granted, he has alot to be generous with. Also realize that these figures aren't their liquid wealth. They don't have all this money just sitting in ther personal checking accounts. Most is in their stocks, etc.. If Gates were to try to liquidate his assets and give it away all at once that would be a tough thing if not impossible thing to do.

Mar 06, 08 - 10:22 am Comment from: Fred Mertz

To: "@British Mac Head"

Do you think think that a thief and liar should be lauded for giving away some portion of his ill-gotten gains?

Mar 06, 08 - 10:27 am Comment from: Cubert

Slim. Buddy. Come on! Slip Cubie a little of those pesos you got stashed away.

Mar 06, 08 - 10:51 am Comment from: Christapher

"New novel "Options" by "FakeSteve" (a FORBES writer) depicts him as narcissistic jerk"

WTF does that have to do anything?

Mar 06, 08 - 12:14 pm Comment from: Ampar

Don't kid yourself. There's much more to the story.

"Dark cloud over good works of Gates Foundation"

"The Gates Foundation has poured $218 million into polio and measles immunization and research worldwide, including in the Niger Delta. At the same time that the foundation is funding inoculations to protect health, The Times found, it has invested $423 million in Eni, Royal Dutch Shell, Exxon Mobil Corp., Chevron Corp. and Total of France — the companies responsible for most of the flares blanketing the delta with pollution, beyond anything permitted in the United States or Europe.

Indeed, local leaders blame oil development for fostering some of the very afflictions that the foundation combats.

Oil workers, for example, and soldiers protecting them are a magnet for prostitution, contributing to a surge in HIV and teenage pregnancy, both targets in the Gates Foundation's efforts to ease the ills of society, especially among the poor. Oil bore holes fill with stagnant water, which is ideal for mosquitoes that spread malaria, one of the diseases the foundation is fighting."

http://www.latimes.com/news/nationworld/nation/la-na-gatesx07jan07,0,6827615.story

Mar 06, 08 - 12:44 pm Comment from: geoman

If all these Billionaires had balls they would come together and try and save this countries Heath Care, Education System, invest billions into alternative energy (Not nuclear or Clean Coal Technology) and over all economy. I feel sorry for the people in Africa but if I were Bill Gates I would have chose to save the people of the US. When a family member is sick you don't help your neighbor first.

Mar 06, 08 - 12:57 pm Comment from: Ampar

To geoman:

Bill isn't concerned with saving people on any continent. He's a despicable individual. Ask Bill or Melinda why the Gates Foundation has hundreds of millions invested in oil. They personally make all of the decisions and could easily divest but they won't. His focus has always been on power and money and convincing people that he's always right.

Mar 06, 08 - 03:44 pm Comment from: Anonymous©

The Forbes website is a well-known hit whore.

Mar 06, 08 - 05:14 pm Comment from: Y-City Jim

If Bridge is such a great game then why isn't it on ESPN?

Apr 01, 08 - 12:54 pm Comment from: frederick asamoah

i like to know the list of first ten richest people in the world

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