According to foreign media reports, Forbes released today its list of the 25 richest people in the world for 2008. This year, the person at the top is US "God of Stocks" Warren Buffett, while Microsoft Chairman Bill Gates, who had held the title of richest person in the world for 13 consecutive years, has lost his first place ranking and dropped to third place. Hong Kong industrialist Li Ka-shing is ranked 11th on this year's list.