LOS ANGELES — The nation's economic woes don't appear to be hurting Bill Gates, who tops Forbes' list of the 400 richest Americans for the 18th year in a row.
The magazine said Wednesday that the Microsoft co-founder and philanthropist's wealth amounts to $59 billion, up $5 billion from a year ago, outpacing No. 2 Warren Buffett, whose net worth is $39 billion. The Berkshire Hathaway chairman and chief executive officer's fortune decreased by $6 billion — the largest dollar-amount loss by anyone on the Forbes 400 this year, the magazine said.
Oracle chief executive officer Larry Ellison rounds out the top three richest Americans, with a net worth of $33 billion, $6 billion more than last year. Financier George Soros took seventh place, his first time among the top 10.
Forbes said the combined wealth of the 400 people on this year's list is $1.5 trillion, with an average net worth of $3.8 billion. That amounts to a 12 percent increase from last year's list.
Top 10 on Forbes 400
• Bill Gates, $59 billion
• Warren Buffett, $39 billion
• Larry Ellison, $33 billion
• Charles Koch, $25 billion and David Koch, $25 billion
• Christy Walton & family, $24.5 billion
• George Soros, $22 billion
• Sheldon Adelson, $21.5 billion
• Jim Walton, $21.1 billion
• Alice Walton, $20.9 billion