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Forbes Release World’s richest people of year 2009.Last year there were 1,125 billionaires. This year there are just 793 people richest in Forbes’s list. That list 30% decline from a year ago.

Of the 1,125 billionaires who made last year's ranking, 373 fell off the list--355 from declining fortunes and 18 who died. There are 38 newcomers, plus three moguls who returned to the list after regaining their 10-figure fortunes. It is the first time since 2003 that the world has had a net loss in the number of billionaires Reported by Forbes.

The world's richest are also a lot poorer. Their collective net worth is $2.4 trillion, down $2 trillion from a year ago. Their average net worth fell 23% to $3 billion. The last time the average was that low was in 2003.

Top Most Billionaires list below :

1. William Gates III
Net Worth: $40 billion
Source: Microsoft/U.S.

2. Warren Buffett
Net Worth: $37 billion
Source: Investments/U.S.

3. Carlos Slim Helú
Net Worth: $35 billion
Source: Telecom/Mexico

4. Lawrence Ellison
Net Worth: $22.5 billion
Source: Oracle/U.S.

5. Ingvar Kamprad
Net Worth: $22 billion
Source: Ikea/Sweden

6. Karl Albrecht
Net Worth: $21.5 billion
Source: Supermarkets/Germany

7. Mukesh Ambani
Net Worth: $19.5 billion
Source: Petrochemicals/India

8. Lakshmi Mittal
Net Worth: $19.3 billion
Source: Steel/India

9. Theo Albrecht
Net Worth: $18.8 billion
Source: Supermarkets/Germany

10. Amancio Ortega
Net Worth: $18.3 billion
Source: Fashion/Spain