Current Balance = £3001.04

World’s richest man is…

Warren Buffet who has seen is fortune increase by $10bn in the past year to an estimated $62bn. Bill Gates has dropped down to 3rd place after 13 straight years being the richest man on the planet, largely due to the 15% decrease in Microsoft shares following their bid for Yahoo, although he is still up by $2bn year on year.

Second place was taken by the Mexican telecom tycoon Carlos Slim Helu whose fortune rose by $11bn to $60bn this year. There is now just $4bn between the top three so it’s anybody’s guess who will be the richest man next year.

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