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The Honolulu Advertiser

Updated at 3:33 p.m., Thursday, March 8, 2007

Hawai'i's Anthony ranks 45th on Forbes' billionaire list

Advertiser Staff

The only Hawai'i resident on Forbes magazine's annual list of the world's richest people is Barbara Cox Anthony, with a net worth of $12.6 billion.

Anthony dropped to 45th place on the list from 29th place last year.

The tally of billionaires around the globe reached a high of 946 last year, their combined wealth growing 35 percent to $3.5 trillion, according to Forbes magazine's 2007 rankings of the world's richest people.

The rich cashed in on strong equity markets, real estate and commodity prices worldwide, according to Forbes billionaires co-editor Luisa Kroll.

"It's just been kind of an extraordinary year for markets worldwide," she said.

Leading the list are two men who manage to keep getting richer as they give more and more money away. Microsoft founder Bill Gates ranked No. 1 for the 13th straight year, beating out friend and fellow philanthropist Warren Buffett, chairman of Berkshire Hathaway Inc.

Gates's fortune rose $6 billion to $56 billion last year, while Buffett garnered an additional $10 billion to boost his net worth to $52 billion.