Forbes names Ralph Lauren as richest man in fashion and Bill Gates as America's richest man

Forbes has named American fashion designer and business executive Ralph Lauren as the richest man in fashion. Lauren, 72, topped the 400 list with a net worth of $6.5 billion, more than his financial estimate last year. Lauren is the the 122nd wealthiest person on planet earth.
In 1987, he was diagnosed with a benign brain tumour. In April 1987 he underwent surgery to remove the tumour and made a full recovery.
He is best known for his Polo Ralph Lauren clothing brand.
It also announced Bill Gates America's richest man in its 2012 ranking of America's richest 400 billionaires... Bill Gates remains the nation’s richest man for the 19th year running. See the top 10 below...

1. Bill Gates, Medina, Wash., $66 billion
2. Warren Buffett, Omaha, $46 billion
3. Larry Ellison, Woodside, Calif., $41 billion
4. Charles Koch, Wichita, Kan., $31 billion
5. David Koch, New York City, $31 billion
6. Christy Walton & family, Jackson, Wyo., $27.9 billion
7. Jim Walton, Bentonville, Ark., $26.8 billion
8. Alice Walton, Fort Worth, Texas, $26.3 billion
9. S. Robson Walton, Bentonville, Ark., $26.1 billion
10. Michael Bloomberg, New York City, $25 billion

Other fashion industry insiders on the rich list include
Leslie Wexner (No. 83, $4.4 billion) who owns the Limited Group and Victoria’s Secret;
Richard Hayne (No. 328, $1.4 billion), who owns Urban Outfitters; and several members of GAP’s Fisher family (Doris, No. 142, $2.9 billion; John, No. 206, $2.3 billion; Robert, No. 285, $1.7 billion)