Gates named as richest person in US

Gates named as richest person in US

Bill Gates has been named as the richest person in the US, according to Forbes magazine.

The business tycoon, who founded Microsoft, is estimated to be worth $54bn (€40.3bn).

Investor Warren Buffett is second with a fortune of 45bn (€33.66bn).

The total wealth of the top 400 richest Americans rose by 8% compared with the year before.

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