Billionaires Only Occupy Forbes 400 List

VINNEE TONG
Sep 21, 7:47 PM (ET)

NEW YORK (AP) - For the first time, Forbes magazine’s list of the 400 richest Americans consists exclusively of people worth $1 billion or more. As a group, the people who made the rankings released Thursday are worth a record $1.25 trillion, compared with $1.13 trillion last year.

In the billionaire-athon, casino magnate Sheldon Adelson pole-vaulted to No. 3 from 15 in last year’s ranking, finishing behind the mainstays at Nos. 1 and 2: Microsoft Corp. (MSFT) founder Bill Gates and Warren Buffett of Berkshire Hathaway Inc. (BRKA)

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