Bill Gates is crowned the wealthiest person in the US for the 17th year in a row.
Microsoft is still as relevant as ever and continues to make its founders bundles of money while Facebook proves that social media means big business.
Mr Gates is said to have a personal fortune of $54bn (£34.5bn), while Warren Buffet sits closely behind him with a fortune of $45bn. The Forbes rich list required those able to make the rankings to have $1bn or more and the 400 people that did make the list have a combined income of $1.37 trillion (the same GDP of Spain or Canada).
The Facebook phenomenon has landed Mark Zuckerberg in 35th place with an estimated fortune of $6.4bn. According to Forbes Mr Zuckerberg has seen his wealth grow by 245% over the last year. This just shows how social networks are big business.
Bill Gates Ranking Top of US Rich
Microsoft has definitely seen fierce competition recently. The Bing search engine has not been able to compete with Google and has in fact shown itself to be pretty useless. Apple has continued to advance with iPhones and iPads being the new cool things. Mozilla Firefox is also pushing Internet Explorer of the popularity chart. There is a definite sentiment that Microsoft is the old man on the block and is not the trendy ‘in’ thing anymore. Having said this we all use Windows everyday and it looks unlikely that some other operating system will usurp Microsoft from its throne