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On February 21, 2013, cofounder of Rap Genius Mahbod Moghadam started up a strange feud with Warren Buffett, billionaire investor, when he tweeted from his handle @rapgenius this extremely profane message: “WARREN BUFFETT CAN SUCK MY ____.” Sending out offending tweets to those people well known in the media is nothing new, but it is rather surprising when it comes from one of the creators of a largely popular website that just received a $15 million injection in venture capital. People will pay attention to these things.

Then just a few hours later, Moghadam announced that he is holding a Warren Buffett diss track contest on Rap Genius. The contestants have to post original lyrics that badmouth Berkshire Hathaway’s 82-year-old Chairman and CEO. The winner of the contest receives a Rap Genius T-shirt. It looks like a $15 million venture capital injection didn’t do anything to improve the contest prizes! Feel free to make fun of Mark Zuckerberg as much as you want for his horrible fashion sense. For whatever reason, Moghadam looks to have taken the role of the eccentric tech entrepreneur to a strange and uncomfortable new level.

Nitasha Tiku, writer for BetaBeat published a very thorough article in regards to the strange vendetta, where she included a Google chat interview with the eccentric entrepreneur, who says of Warren Buffett during the interview, “from a philosophical perspective I hate that fool… He brags about eating at mcdonalds [sic] I loathe him.”

It turns out that Moghadam’s hatred of Warren Buffett started a few years back when Berkshire Hathaway took back their internship offer when they discovered that Moghadam wrote a blog post belittling one of their clients. And another thing, Warren Buffett is friends with his ex-girlfriend’s mother, which could also have been part of the reason he landed the internship to begin with.

This contest definitely has the sense of a public relations stunt, but it certainly feels like the bad blood is for real. There have been commenters on the message boards defending Warren Buffett because he supports higher taxes for the rich. Then again, others have bashed Moghadam because he’s a “bad publicity troll.”

So far, only a few entries have been made into the diss track contest, and all of the entries are poor. Take a look at one entry courtesy of a Rap Genius commenter going by the name jewlove: “the wizard of Omaha? Ha ha/Creating economic blizzards/and a buzzard feasting off the cadavers/of the common folk, with geico.” I can only imagine that the Notorious B.I.G. and Tupac Shakur both rolling over in their graves.

Far as I can tell, this is the first hip-hop beef Warren Buffett has been involved in. Although he does have a tendency to show up in rap lyrics every once in a while. He hasn’t responded to this as of yet, most likely because he’s so busy acquiring H.J. Heinz Co., using the ketchup company as leverage and generally being an all-around nice guy. But if Warren buffet does choose to reply, it might be in his best interest to let Jamie Dimon take over as his hype man and have Fed Chairman Ben Bernanke officiate a charitable rap battle.

Moghadam probably thinks that his hip-hop fans are going to give him massive credit for bashing the billionaire investor in this crazy contest. But let’s not forget that he’s up against a guy who threw up the diamond sign when Jay-Z’s 40/40 club opened. If you don’t know, now you know.

Bill Gates is once again the rich you should intrude into a soup spoon. I went options are stored forest man in the world, and he is still by a wide margin. The philanthropic giant, and cofounder of Microsoft Corp., is again at the top of the Forbes 400 list for the 19th year in a row, and his total net worth is $66 billion.

Warren Buffett, chairman and CEO of Berkshire Hathaway Inc., is once again in second place at a grand total of $46 billion. Larry Ellison, who is the cofounder of Oracle Corp. also stayed in third place and he is worth $41 billion. The cofounders of Koch industries Inc., David and Charles Koch, have respectively tied for fourth place at $31 billion apiece.

According to Forbes, you can basically boil this year down to the rich getting richer, as 241 members of this list rose in net worth, and only 66 members actually shrunk in net worth. The rising prices on the stock market, plus the rebound in real estate, as well as prices going up for rare art, have helped these individuals gain more of their net worth.

More members of the founding family of Walmart Stores Inc., the Walton family, actually moved up into the top 10 this year. They displaced Sheldon Adelson, who is the founder of the Las Vegas Sands Corp., and George Soros the investor. Michael Bloomberg, current Mayor of New York City, is also back in the top 10 at number 10. He owns the financial data services firm Bloomberg LP, and he is estimated to be worth around $25 billion.

The masters of social media took the biggest hit on the Forbes 400 list this year. Mark Pincus of Zynga Inc. fame, as well as Groupon’s Eric Lefkofski, both dropped off of the list entirely this year. The biggest loser of all is Facebook’s Mark Zuckerberg. The Facebook IPO dropped tremendously since it went public in May of this year, and his total net worth was basically cut in half. This lost him a total of $8.1 billion in net worth. Zuckerberg was formerly number 14 on this list, but he is now sitting at number 36.

The honest truth is that even though Mark Zuckerberg lost a lot more money than the majority of people would ever come close to making during their lifetime, he still has a very large net worth at an estimated amount of $9.4 billion according to Forbes.

There are 20 newcomers that made their way onto the list this year, which means that they are worth at least $1.1 billion in net worth, because that’s what you need to in order to enter this list. It was previously $1.05 billion a year ago. Shahid Khan, the owner of the NFL team the Jacksonville Jaguars made the list this year and came in at number 179. The founder of Epic Systems, a health records firm, Judy Faulkner, made the list and came in at number 285. The husband and wife team of Peggy and Andrew Cherng also found their way onto the list at number 239. They are the owners of the restaurant chain Panda Express. The final new member of the list is Twitter creator Jack Dorsey. He came in at number 392.

As of this time, there are 45 women on the Forbes 400 list. They added three more women this year because there were only 42 women just a year ago. Oprah Winfrey currently sits at spot number 151.

Here’s a quick list of the top 10 members of this year’s Forbes 400 list:

• Bill Gates – $66 billion
• Warren Buffett – $46 billion
• Larry Ellison – $41 billion
• David Koch – $31 billion
• Charles Koch – $31 billion
• Christy Walton and family – $27.9 billion
• Jim Walton – $26.8 billion
• Alice Walton – $26.3 billion
• S. Robson Walton – $26.1 billion
• Michael Bloomberg – $25 billion

The list of billionaires invited to the Sun Valley, Idaho media conference by Allen & Co. includes Mark Zuckerberg, Bill Gates and Warren Buffett. The event is taking place next week and the information in this article comes from a guest list that Bloomberg News obtained.

Eric Schmidt, chairman of Google Inc., Jeff Bezos, CEO of Amazon.com Inc., and Apple’s CEO Tim Cook are all other billionaires who made this year’s guest list. And let’s not forget Rupert Murdoch who is the CEO and chairman of News Corp.

This is a very exclusive gathering that is sponsored by Allen and Co. They have been holding this event since 1983, and it is the type of setting where media executives can connect on an intimate level, discuss the things going on in the industry and also enjoy forms of family entertainment like bike riding and fly fishing. It’s well-known that many of the biggest media buyouts in history were either first spawned, or pushed along at the Sun Valley event. Comcast decided to purchase NBC Universal in 2011 at this very event, so it’s an extraordinarily big deal.

You’ll also find many elected officials at the Sun Valley event. Mayor Cory Booker of Newark, New Jersey met Mark Zuckerberg at this event last year and their relationship turned into a $100 million donation from Zuckerberg which was used for Newark schools. Zuckerberg is the chairman and CEO of Facebook Inc. You will find both men on the guest list this year, and another famous political figure, New York City Mayor Michael Bloomberg, will also be in attendance. He is the founder of Bloomberg News.

Warren Buffett also attended this event in 2011, and since then he has been acquiring many newspapers because he believes that these publications for local communities won’t have any trouble thriving since there really isn’t any competition in their local market.

Rupert Murdoch and his sons James and Lachlan have all been invited and are expected to attend. Murdoch announced recently that he is planning on spinning off the publishing division of his company. Others close to Murdoch that were invited are Joel Klein, who heads up his company’s education division, and Chase Carey, COO.