Bill Gates is the Richest man in the World Again.

As of last year Mr Gates sat at the number three in the chart dropping behind last year’s number one Warren Buffet and second place Mexican Carlos Slim Helu. All three men have lost money, but Bill seems to have lost the least. Bill Gates lost $18 billion of his fortune, but Warren Buffet and Carlos Slim Helu lost $25 billion of their fortunes.

Other interesting facts about the list include:

* The number of billionaires has declined 30%
* 373 people left the list with this breakdown, 355 lost enough money to make them not billionaires anymore and 18 died.
* 38 new billionaires are on the list and 3 people are on the list again after passing the billion-dollar mark again.
* The overall value of the list has almost dropped to half from $4.4 trillion to $2.4 trillion
* The average billionaire is worth is worth 3 billion dollars.
* 45% of the people on the list are Americans
* Russia was lost the most billionaires this year, they lost 55 billionaires
* Anil Ambani was the biggest loser, he lost 76% of his wealth, $32 billion

Via:Geek

Tip Jar is a collection of money saving tips submitted and voted on by the web community. Google decided to help us by setting up a list of money saving tips that users can vote on. The best money saving tips will have the highest votes.

Microsoft yesterday reported an 11 percent drop in profits for the second quarter (down to $4.17 billion from $4.71 billion last year). Microsoft announced it’s going to lay off 5,000 people over the next year and a half, citing the uncertainty of the global economy. Microsoft also said that they fully expect their revenue to experience further decline in 2009. Check out Steve Ballmer’s depressing memo at yahoo.

Circuit City is the largest retailer to close due to the expanding financial crisis. They announced it will shut down its remaining 567 U.S. stores at the cost of 34,000 more jobs after failing to sell the business.

The closure adds to the nation’s retail woes and spells more trouble for the nations malls, and is the latest casualty of the severe decline in consumer spending that has claimed KB Toys, Mervyns LLC and Linens ’N Things.

Circuit City had been avidly seeking a last minute buyer or a refinancing deal for its debt, but the troubled credit market proved impossible to work with. Negotiations with potential buysers for an acquisition extended past midnight Thursday before finally falling through.

Apple’s market share of the US computer market fell to 8 percent in the 4th quarter from 9.5 percent in the 3rd quarter of 2008.

Apple surrendered its third place ranking to surging netbook maker Acer, according to market research firm Gartner.

via: Apple Insider