Forbes' 22nd annual ranking of the World's Billionaires revealed that Billionaire investor Warren Buffett is now the richest person in the world. He has a Net Worth of $62.0 billion. He was helped by the outstnading performance of Berkshire Hathaway shares which have risen 25% since the middle of last July. Bill Gates moved down to 3rd with a net worth of $58 billion dollars. Please view the article below to understand Buffet's strategy of investing and to view his stock picks!
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