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If economic conditions remain conducive, the next billionaire in line will likely be Carl Icahn, founder of the $15 billion Icahn Enterprises. With a net worth of $16.6 billion, he's not in danger of getting left behind.
But don't discount the billionaires. Although their fortunes are back, their wealth is far from forgotten. With a median net worth of $1.9 billion, they control $6.4 trillion in personal assets, the largest combined amount ever calculated by Forbes. And after years of futility, we're starting to see a change in fortunes for the Top 5. Buffett has taken back the No. 1 spot, with a personal fortune of $58.7 billion. Microsoft co-founder Bill Gates has been demoted to second place with $53.5 billion, while casino tycoon Sheldon Adelson has slipped to No. 3, with $49.8 billion.
Buffett's primary home is in Omaha, Nebraska, but he travels the world, as well as lives in a 50-room, on-campus residence at the University of Omaha. His frequent stays in properties on Martha's Vineyard and other locales have made him something of a local, and his decision to live on a campus and walk to work has proven to be a model for other billionaires. Buffett has also proven himself to be the kind of businessman who treats his people well, and he has aided in the construction of a city-owned park for the children of Omaha, as well as the establishment of several local green spaces and a program to support local charities.
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One of the drawbacks to this approach was that we needed to recompile every time we made even a small change to the code. This slowed everything else we were doing down and because we couldn't always have someone waiting for the application to finish building. 827ec27edc