Berkshire Hathaway Chairman Warren Buffett has elbowed Bill Gates off the top of the Forbes 400 list of the wealthiest Americans, reports Bloomberg. Gates has owned that list for the past 15 years.
The magazine revised its calculations of the September markets in the list to be published Sept. 17. It found that between between Aug. 29 and Oct. 1, Buffett added $8 billion to his porfolio, bringing it to $58 billion. Meanwhile, Gates’ net worth declined $1.5 billion to $55.5 billion.
He wasn’t the biggest loser, though. Las Vegas Sands Corp. CEO Sheldon Adelson’s net worth dropped $4 billion during that 33-day period. Among others:
Oracle CEO Larry Ellison’s wealth dropped $1.6 billion to $25.4 billion.
Google’s Sergey Brin and Larry Page each lost $1.5 billion.
Michael Dell’s fortune dwindled $1.4 billion to $15.9 billion.
Investor Carl Icahn’s holdings fell $1.6 billion to $12 billion.
And Amazon.com founder Jeffrey Bezos’ holdings dropped by $1.1 billion to $7.6 billion.
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