The Forbes ranking also includes another Romanian businessman, Ion Tiriac, who has an estimated fortune of USD 1.2 billion. Tiriac was placed 962nd.
Patriciu, 57, owes his wealth to his investment in the oil company Rompetrol, of which he sold 75 percent to state-owned oil group KazMunaiGas from Kazakhstan last year. Former tennis player Tiriac owns several companies in sectors such as banking, insurance, car leasing and retail. He fell 122 places from last year when he was ranked 840th.
The top three in the Forbes ranking brought a surprise: Microsoft co-founder Bill Gates is no longer the richest man in the world. That honor goes to Warren Buffett, 77, who has a wealth of USD 62 billion, having increased it by USD 10 billion since last year.
Mexican telecom tycoon Carlos Slim came second with USD 60 million. Bill Gates is now “only” third place with an estimated fortune of USD 58 billion.