Breaking News! Warren Buffett is World's Richest Person

According to Forbes Magazine, US Investment Guru, Warren Buffett has become the richest person on the earth. His wealth increased by $10 billion last year to reach $62 billion. While Mexican Carlos Slim Helu is on second spot with $60 billion, Bill Gates is on third spot with $58 billion.

Four Indians found place in the top ten list with Lakshmi Mittal, Mukesh Ambani and Anil Ambani securing the fourth, fifth and sixth spots respectively. Here's the top ten list released by the Forbes.

1. Warren Buffett (US): $62 bn
2. Carlos Slim (Mexico): $60 bn
3. Bill Gates (US): $58 bn
4. Lakshmi Mittal (India): $45 bn
5. Mukesh Ambani (India): $43 bn
6. Anil Ambani (India): $42 bn
7. Ingvar Kamprad (Sweden): $31 bn
8. KP Singh (US): $30 bn
9. Oleg Deripaska (Russia): $28 bn
10. Karl Albrecht (Germany): $27 bn