Gates up, Zuckerberg down in latest ranking of super-rich

Bill Gates held onto his No. 1 position for the 19th straight year in Forbes' annual ranking of the 400 richest people in America.

Helped by the appreciation in Microsoft's stock in the last year, Gates' $66 billion net worth increased by $7 billion from a year earlier.

He was joined on the list by fellow tech moguls Larry Ellison, whose $41 billion put him in the No. 3 spot. Amazon.com CEO Jeff Bezos finished 11 with $23.2 billion. Sergey Brin and Larry Page of Google held down the 12 and 13 spots with $20.3 billion apiece. Steve Ballmer, Microsoft's current CEO, ranked 19th with $15.9 billion while Microsoft co-founder Paul Allen rounded out the top 20 with $15 billion.

Facebook's Mark Zuckerberg, ranked No. 11 in last year's Forbes list, fell to 36 with $17.5 billion.

Charles Cooper 20 Sep, 2012

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Source: http://news.cnet.com/8301-1001_3-57516079-92/gates-up-zuckerberg-down-in-latest-ranking-of-super-rich/?part=rss&tag=feed&subj=News-BusinessTech
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