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American Morning

Ask CNN: Who is the Richest Person in the World?

Aired June 22, 2001 - 10:53   ET

THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.

THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.
(BEGIN VIDEOTAPE)

ANNOUNCER: Chris Platts asks: Who is the richest person in the world?

KERRY DOLAN, SENIOR EDITOR, "FORBES": For the seventh year in a row, Bill Gates of Microsoft is the richest person in the world with a fortune this year of $58.7 billion. That puts him about $26 billion higher than the number two on the list, who is Warren Buffett, who made his money by investments in his publicly traded company, Berkshire Hathaway.

And we compile the list by using stock prices and currency rates from May 21 this year for those with publicly traded holdings. For people with private companies, we try and figure out what those companies would be worth if they were public.

(END VIDEOTAPE)

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