He's been given the title of the richest man in the world, for the 11th year in a row, with a net worth of $46.5 billion. It should come as no surprise that Bill Gates tops the list on Forbes magazine's 2005 list of the world's wealthiest people.

Investor Warren Buffett ran a close second, with a net worth of $44 billion.

The number of billionaires grew to a record 691 from 587 last year, with a total net worth of $2.2 trillion.

Other notables on the list, Oprah Winfrey at 507; William Wrigley Jr.of chewing gum fame at 122 and H. Ty Warner, Beanie Babies guru at 94.

For the first time, Martha Stewart, the homemaking maven has landed on the list with a net worth of $1 billion, based mostly on the value of stock in her company.