Bill Gates Tops Forbes Billionaire Rankings

NEW YORK (March 3, 2014) Forbes magazine announced its ranking of the world's billionaires Monday and Microsoft co-founder Bill Gates was back on top.

The richest Texan is Wal-Mart heiress Alice Walton, who’s worth $33.5 billion.

Central Texas computer magnate Michael Dell ranked No. 25 with $15.9 billion.

Temple businessman, former Houston Astro’s owner and Baylor benefactor Drayton McLane, Jr., ranked No. 296 with $1.9 billion.

Gates, who led the list for 15 of the past 20 years, won the spot back from Mexican telecom mogul Carlos Slim Helu, who had topped the list for the past four years.

Gates' net worth is estimated at $76 billion and Helu follows at $72 billion.

Spanish clothing magnate Amancio Ortega, known for the Zara retail chain, maintained his third-ranked spot and came out ahead of U.S. investor Warren Buffett, who ranked fourth. Larry Ellison of Oracle came in fifth.

Forbes says a record 1,645 billionaires made the list this year, with an average net worth of $4.7 billion.

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