Forbes has announced its list of the richest men in the world and Bill Gates has been dethroned. To take his place is America's most beloved investor, Warren Buffet at a net worth of $62 billion. Second in line is Mexican telphone industry tycoon Carlos Slim Helu at $60 billion dollars. His net worth has doubled over the past two years. Bill Gates now stands third at $52 billion dollars. He ruled the first place for 13 years in a row. In the top ten richest people in the world are 4 of Indian descent. Lakshmi Mital is the 4th richest man in the world with his steel industry making him $45 billion dollars, Mukesh Ambani is worth $43 billion and Anil Ambani is 6th in the line at $42 billion. K.P Singh, the real estate guru, is 8th on the list with $30 billion. The youngest is a Russian Oleg Deripaska. Technorati Tags: Forbes , Bill gates , warren buffet , Lakshmi Mital , India