Buffett second in US rich list with $45bn fortune

Scott Sinclair
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Legendary investor and Berkshire Hathaway CEO Warren Buffett has kept his place as the US's second wealthiest person, according to Forbes magazine.

Buffett's personal wealth now stands at $45bn, up from $40bn in 2009 but still $9bn short of that amassed by Microsoft stalwart Bill Gates. Gates has now been named America's richest individual for 17 years in succession. In 2008, Forbes named America's most beloved investor Buffett as the world's richest man. However, he had to settle for second place last year after losing $25bn in 12 months as shares in Berkshire Hathaway plumetted. The rest of the Forbes Top Ten in the US also comprises the same names as in 2009, though not in the same order. Larry Ellison, CEO of software firm...

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