Friday, March 10, 2006

Koreans Ranked Among World's Richest

The chairman of Korea'’s Samsung Group Lee Kun-hee was ranked the 82nd richest man on earth in Forbes magazine's 2006 list of the world's wealthiest people. With a net worth estimated at $6.6 billion, the head of Korea's largest industrial conglomerate moved up 40 places from last year.

Hyundai-Kia Auto Group Chairman Chung Mong- Koo fortune was estimated at $3.3 billion.

Microsoft co-founder Bill Gates was again the world's richest man. Gates topped the list for the 12th year in a row with a net worth of $50 billion, followed by investor Warren Buffett of Berkshire Hathaway, who was worth $42 billion.

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