We'll find out when the 2009 edition of the widely-followed Forbes ranking of global wealth is released at 6p ET tonight (Wednesday).
Based on my own extremely back-of-the-envelope calculations, Buffett will still be number one with an estimated fortune of about $40 billion. That's down from the Forbes estimate of $62 billion a year ago.
And Mexico's Carlos Slim, number two in 2008 with $60 billion, will see his wealth drop to the low $20s of billions.
My method is no more scientific than calculating how much shares of Berkshire Hathaway (down 37%), Microsoft (down 41%), and Telmex (down 60%), have fallen over the past 12 months.
Forbes, of course, will do a much more thorough job.
Current stock prices:
Berkshire Class A:
[US;BRK.A 84843.0 -1.00 (0%) ]
Berkshire Class B:
[US;BRK.B 2755.0 --- UNCH (0) ]
[MSFT 16.81 0.33 (+2%) ]
Telefonos de Mexico:
[TMX 13.34 0.10 (+0.76%) ]
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Of Permanent Value: The Story of Warren Buffett, Abridged Edition by Andrew Kilpatrick
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