Mr Microsoft no longer world's richest man
Published: 06 March, 2008, 02:02
Legendary U.S. investor Warren Buffet has been named the richest man in the world. He added an extra $US 10 billion to his fortune in just a year. It's the first time in 13 years Microsoft chief Bill Gates hasn't been the wealthiest man on the planet.
Gates has fallen to third on the list.
Russian Aluminum magnet Oleg Deripaska made it to number nine. He's one of 87 Russian billionaires, according to Forbes.
Meanwhile, Forbes says the total number of billionaires in the world has reached a record figure of 1,125.
And Moscow has become billionairesville. There are more billionaires in the Russian capital than in New York or any other city in the world.
Sochi transformed as Olympic cash rolls inThe southern Russian city of Sochi is undergoing a major face-lift as it prepares to host the Winter Olympics in 2014. The Moscow government is pumping millions of dollars into making it a first-class sport and holiday destination. |
Russia and Ukraine settle gas row - for nowRussian gas supplies to Ukraine have been fully restored. The state-run energy giant Gazprom says the dispute over debt payments has been settled. The company cut supplies to Ukraine by half earlier this week, claiming the country had failed to pay $US600 |

