Larry Page and Sergey Brin are worth $1bn each, Forbes says
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The creators of internet search engine Google have joined the Forbes
magazine list of world billionaires.
Google founders Sergey Brin and Larry Page are among many new additions
to the list, which has a record 587 names this year compared with 476 in
2003.
Forbes said the recovery in share prices over the past year had helped
to swell the number of billionaires.
Microsoft chairman Bill Gates topped the list for the 10th year in a
row, with investor Warren Buffett in second.
But the market recovery meant Mr Buffett closed the gap between himself
and Mr Gates.
Bill Gates' wealth was estimated to have grown by 13% to $46.6bn (£25.3bn),
although this is still well below the peak of $100bn in 1998.
Meanwhile Warren Buffett's estimated wealth surged by $12.4bn, Forbes
said, to $42.9bn.
Cash search
"After two years of significantly falling fortunes, we really saw
an uptick for just about everyone on the list," said Forbes associate
editor Luisa Kroll.
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FORBES BILLIONAIRE LIST - TOP 10
1: Bill Gates - $46.6bn
2: Warren Buffett - $42.9bn
3: Karl Albrecht - $23bn
4: Prince Alwaleed Bin Talal Alsaud - $21.5bn
5: Paul Allen - $21bn
Joint 6th: Alice Walton, Helen Walton, S Robson Walton, John
Walton, Jim Walton - $20bn
Source: Forbes
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In third place was Karl Albrecht, the German businessman behind the Aldi
discount supermarket chain.
Saudi prince Alwaleed Bin Talal Alsaud was fourth, closely followed by
Microsoft co-founder Paul Allen.
The rest of the top 10 consists of the wife of Wal-Mart founder Sam
Walton and four members of the Walton family - with each worth an
estimated $20bn.
The two Google founders, Sergey Brin and Larry Page, have to make do
with the more modest position of 552, with $1bn each.
And joining them at the same ranking is Harry Potter author JK Rowling.
Currency swings
Because the Forbes list measures wealth in terms of US dollars, the
recent rise in the value of the euro against the dollar has lifted
European fortunes.
This year sees 22 new European billionaires on the list, lifting the
total to 164.
Rising oil prices have helped eight Russians to join the billionaire
club, swelling the number of representatives from that country to 25.
But not all Russian billionaires are getting the chance to enjoy their
money. Former Yukos chief executive Mikhail Khodorkovsky - with an
estimated wealth of $15bn - is currently in jail charged with fraud and
tax evasion.