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The Forbes Billionaires List has long been the hallmark of who’s who in the world’s elite.But Bloomberg is hedging in on the market with the creation of the Bloomberg Billionaires Index, which is basically a real-time version of the Forbes list.
Forbes is firing back to the new competition with the release of its annual list.
While the upper echelon remains the same on both lists, major differences start to emerge as the list go on.
Forbes says Ellison ranks #6 with $36 billion. Last year he ranked #5 with $39.5 billion.
Bloomberg says Ellison ranks #6 with $37.9 billion.
Ellison founded tech company Oracle, which has had an uneasy stock for months. The company hit its low in August but has since rebounded.
Forbes says Ortega ranks #5 with $37.5 billion. Last year he ranked #7 with #31 billion.
Bloomberg says ranks #7 with $37.7 billion.
Prior to stepping down in July 2011, Ortega served as chairman for the global fashion firm Inditex. The company's holdings include fashion retailer Zara.
Forbes says Buffett ranks #3 with $44 billion. Last year he ranked #3 with #50 billion.
Bloomberg says Buffett ranks #3 with $43.9 billion.
The CEO of Berkshire Hathaway has made waves recently, as the competition for who will succeed him as CEO becomes fierce.
His move to purchase The Omaha World-Herald also left some wondering if the newspaper's journalistic freedom would suffer from the transaction.
Source: Forbes and Bloomberg
Forbes says Gates ranks #2 with $61 billion. Last year he ranked #2 with #56 billion.
Bloomberg says Gates ranks #2 with $61.3 billion.
The Microsoft founder is perhaps now known best for his charity work. Together with his wife Melinda, the Bill & Melinda Gates Foundation is striving to bring vaccines to poorer countries. Bill
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