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Buffett takes top spot on Forbes list

Warren Buffett, the famed U.S. investor who heads Berkshire Hathaway Inc., replaced his friend and Microsoft Corp. founder Bill Gates (now at No. 3) as the richest man in the world, Forbes magazine said Wednesday. The magazine estimated Buffett’s worth at $62 billion in its annual ranking of the world’s wealthiest people. Mexican telecoms tycoon Carlos Slim came in second with an estimated worth of $60 billion.

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