Gates tops Forbes list of world's wealthiest

Seattle Times | at | by Mike

Bill Gates, Microsoft's co-founder and chairman, was the nation's wealthiest person for the 11th straight year, with a net worth of $51 billion, followed again by Berkshire Hathaway Chairman Warren Buffett's $40 billion, according to Forbes, which released its annual rankings yesterday.

Paul Allen, a childhood friend of Gates who co-founded Microsoft in 1975, was third wealthiest, with $22.5 billion, while Dell's Chief Executive and co-founder Michael Dell was fourth, with $18 billion, and Larry Ellison, chief executive of Oracle, was fifth, with a net worth of $17 billion.