US financier Warren Buffett has overtaken Bill Gates as the world's richest man, according to Forbes annual billionaire's list, which this year saw Russia, China and India making increasing inroads. Buffett, the 77-year-old chief of the Berkshire Hathaway holding company, saw his wealth jump from $52 billion last year to $62 billion, pushing Microsoft co-founder Gates into third position after 13 years at the top. Mexico's telecom mogul Carlos Slim Helu grabbed second place with a tidy nest egg of $60 billion, up from $49 billion last year. “The amazing thing about Buffett going to the top of the list is that he did it at a time when he was giving away his money,” said Steve Forbes, the magazine's editor in chief. In total, this year's list sees 1,125 people around the world making the billionaire's list, up from 946 last year. Their total net worth stands at $4.4 trillion, up from $3.5 trillion in 2007. “This past year was an amazing one around the world in terms of the global economy and it's reflected on this list,” said Forbes, adding that the number of billionaires had almost doubled in the past four years. “The reason for this explosion in wealth is that we're in the midst of a phenomenal global gloom,” he added. By nationality, the United States still easily led the rankings with 469 billionaires up from 415 last year, but Russia replaced Germany as the second placed country with 87 billionaires. Third-placed India saw the number of its super-rich jump to 53 entries on the list – four of them in the top 10 – although China and Hong Kong if taken together would overtake it, with 42 and 26 billionaires respectively. Japan saw its number of billionaires trailing at 24
