Bill Gates Regains Worlds Richest Crown

Forbes magazine has released it's annual listing of the 400 wealthiest Americans. Admission to the 27th edition of The Forbes 400, is $1.3 billion for the second year in a row. The assembled net worth of America's wealthiest rose by $30 billion--only 2%--to $1.57 trillion.

With a net worth of $57 billion, Bill Gates remains the richest man in America despite losing his crown to Warren Buffett for a few months this spring. Buffett's shares in Berkshire Hathaway have fallen 15% since February bringing his net worth down to $50 billion.

SOURCE: Forbes.com