Oprah Winfrey Joins Forbes Billionaires List

From Associated Press

While many of the world’s richest people saw their fortunes shrink again in the last year, Oprah Winfrey’s grew enough to put her on Forbes magazine’s list of billionaires -- the first black woman to join the ranks.

Bill Gates leads the list for the ninth straight year, but the Microsoft Corp. co-founder’s net worth fell 23% from a year ago to $40.7 billion. Investment guru Warren Buffett remained in second place with $30.5 billion, a 13% drop from last year.

Meanwhile, Oprah’s media empire grew steadily stronger, and she made the list this year with a net worth of $1 billion.