BILL GATE STILL THE RICHEST MAN LIVING IN AMERICA

According to Forbes.com, for  the 19th time running, Microsoft guru, bill gate tops 2012 Forbes richest list of people living in America amongst 400 billionaires. The former chief executive and current chairman of Microsoft, the world’s largest personal-computer software company, which he co-founded with Paul Allen, still maintain the position for the 19th year running. Below is the top ten list...

1. Bill Gates, Medina, Wash., $66 billion
2. Warren Buffett, Omaha, $46 billion
3. Larry Ellison, Woodside, Calif., $41 billion
4. Charles Koch, Wichita, Kan., $31 billion
5. David Koch, New York City, $31 billion
6. Christy Walton & family, Jackson, Wyo., $27.9 billion
7. Jim Walton, Bentonville, Ark., $26.8 billion
8. Alice Walton, Fort Worth, Texas, $26.3 billion
9. S. Robson Walton, Bentonville, Ark., $26.1 billion
10. Michael Bloomberg, New York City, $25 billion

Mark Zuckerberg, the American computer programmer and internet entrepreneur, one of five co-founders of the social networking site, is the chairman and chief executive of Facebook Inc dropped from 14th to 36th position, making him the biggest dollar looser as a result of the company’s lackluster IPO in May resulted in a huge drop in market value that cut the value of his shareholdings almost in half, costing him $8.1 billion in net worth.