Warren Buffett, the famed US investor who heads Berkshire Hathaway Inc, replaced his friend and Microsoft Corp founder Bill Gates as the richest man in the world, Forbes magazine said on Wednesday.
The magazine estimated Buffett's worth at $62 billion in its annual ranking of the world's wealthiest people.
Mexican telecoms tycoon Carlos Slim came in second with an estimated worth of $60 billion, pushing Gates to third place after 13 years of holding the No. 1 spot.
The magazine estimated Gates' worth at $58 billion.
Buffett's rise to No. 1 was particularly noteworthy, Forbes said, as it came at a time of great financial turmoil and as Buffett has begun to siphon off part of his fortune to charity.
1. How rich do you think is enough for a happy life ?
2. If you are Buffett, what will you deal with that much money ?
