NEW YORK, March 5, 2008 (AFP) - Herewith the 20 richest people in the world, according to Forbes magazine's annual list of billionaires.

Name Net Worth Source of Wealth

(in billion USD)

Warren Buffet - Photo : Kathy Willens/AFP

1. Warren Buffett (US) : 62 Berkshire Hathaway
2. Carlos Slim (Mexico) : 60 Telecoms
3. Bill Gates (US) : 58 Microsoft
4. Lakshmi Mittal (India) : 45 Steel
5. Mukesh Ambani (India) : 43 Petrochemicals
6. Anil Ambani (India) : 42 Diversified
7. Ingvar Kamprad (Sweden) : 31 Ikea
8. KP Singh (India) : 30 Real estate
9. Oleg Deripaska (Russia) : 28 Russian Aluminum
10. Karl Albrecht (Germany) : 27 Aldi
11. Li Ka-Shing (Hong Kong) : 26.5 Diversified
12. Sheldon Adelson (US) : 26 Casinos, hotels
13. Bernard Arnault (France) : 25.5 LVMH
14. Lawrence Ellison (US) : 25 Oracle
15. Roman Abramovich (Russia) : 23.5 Oil
16. Theo Albrecht (Germany) : 23 Aldi, Trader Joe's
17. Liliane Bettencourt (France) : 22.9 L'Oreal
18. Alexei Mordashov (Russia) : 21.2 Severstal
19. Prince A. Bin Talal Alsaud(Saudi Arabia) : 21 Investments
20. Mikhail Fridman (Russia) : 20.8 Oil, banking