Gates drops out of world's 10 richest persons list as wealth dips by 30% in 1 week
Microsoft Co-founder Bill Gates has fallen out of the world's top 10 richest person's list after his net worth plunged by 30% within a week, Bloomberg Billionaires Index reported. This brings Gates' estimated fortune down to $124 billion, placing him at number 12 globally. His earlier position at fifth place was replaced by Microsoft's former-CEO Steve Ballmer.