April 23, 2001

Gates no longer world's richest man

Author: JT Smith

Infoworld: "Bill Gates is no longer the
world's richest man, according to a survey released over the weekend by The
Sunday Times newspaper in London.

Amid the high-tech retreat of the past year, Gates' fortune has slumped, shrinking
from 53.1 billion pounds to just 37.5 billion pounds ($76.6 billion to $54.1 billion).
American retail magnate Sam Walton, who runs the Wal-Mart Stores international
retail chain, jumped into the top spot in the 2001 survey with 45.3 billion pounds."

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