Biggest Loser: Bill Gates Loses $1.5 Billion As Buffett Becomes US Richest

Warren Buffett has overtaken Bill Gates to become the richest American in the Forbes 400 list, Bloomberg said, citing a recalculated list to be published later this month. The magazine, in its October 27 issue, recalculates the effect of September's financial news on the wealthiest Americans, those who make up its Forbes 400... [read full story]