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The Spokesman-Review Newspaper
Spokane, Washington  Est. May 19, 1883

The Richest Folks Were The The Biggest Losers Monday

Associated Press

The five richest Americans, according to the most recent ranking by Forbes magazine, saw the value of their principal holdings shrink by nearly $4 billion during Monday’s stock market selloff.

Following is a list of those five and other famous billionaires, their principal holdings, and Monday’s drop in value for that holding:

Bill Gates, chairman and chief executive of Microsoft Corp., $1.76 billion

Warren Buffett, chairman and CEO of Berkshire Hathaway Inc., $717.3 million

Paul Allen, co-founder of Microsoft Corp., $600 million

Larry Ellison, chairman, CEO and president of Oracle Corp., $666.9 million

Gordon Moore, chairman of Intel Corp., $236.2 million

Walton family, Wal-Mart Inc., $1.64 billion

Ted Turner, vice chairman of Time Warner Inc., $185 million

Michael Dell, chairman and CEO of Dell Computer Corp., $324.4 million

Phil Knight, chairman and CEO of Nike Inc., $269 million xxxx