Great Fundraising Organizations, by Alan Clayton. Book cover.

Forbes lists world's billionaires

Business magazine Forbes reports that there are now 691 billionaires around the world with a total net worth of $2.2 trillion. This is $300 billion more than the net worth of the 587 billionaires listed in 2004.

The wealthiest billionaires, according to Forbes, are:

1. William Gates III
2. Warren Buffett
3. Lakshmi Mittal
4. Carlos Slim Helu
5. Prince Alwaleed Bin Talal Alsaud
6. Ingvar Kamprad
7. Paul Allen
8. Karl Albrecht
9. Lawrence Ellison
10. S Robson Walton

London is identified as one of the billionaire hotspots of the world, with 18 billionaires based there.

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