Doerr, Moritz Make Forbes’ Billionaire List; Will They Make the Resurrected Midas List, Too?

Forbes came out with it’s Richest People on the planet list Wednesday afternoon and chances are, you’re not on it. Neither am I.

The list, a grouping of the richest people in the world and how they became super rich, features only two VCs with enough paper wealth to crack the rankings: Mike Moritz (#692) of Sequoia Capital and John Doerr (#540) of Kleiner Perkins Caufield & Byers. The list broke records in size (with 1,210 billionaires) and total net worth ($4.5 trillion). China doubled its number of 10-figure fortunes, and Moscow now boasts more billionaires than any other city. Mexico’s Carlos Slim widened his lead at No. 1.

These lists are always great fodder for water cooler conversations. No doubt, a lot will be made of the tech stars on the list, such as Google’s Larry Page and Segey Brin (tied at #24) and how Mark Zuckerberg is trending upwards at #52.

But I have my eye on another Forbes ranking, the Midas List, an annual staple of the magazine that identified venture capitalists who generated profits for their investors. The list is being brought back to life after a two-year hiatus and is due to come out April 6.

I’ve heard a lot of buzz from VCs and others about the resurrected list and its new methodology. Previously, the Midas List had focused on exit values over the previous five years. However, the 2.0 version will have certain tweaks, which is what’s causing a furor at some VC firms. Forbes Deputy Editor Nicole Perlroth emailed me to say she was hard at work on it and said she’d be happy to talk after the list comes out.

This year, Forbes is not accepting nominations for the Midas List and will be U.S.-focused. Thus, a lot of the recent China-based, VC-backed IPOs on U.S. exchanges may not factor into the discussion.

More importantly, the list will continue to look at the market cap of the IPO and the price of a VC’s portfolio acquisition, but the list will also take into account selected companies that are still privately held, using valuations from SecondMarket. You can figure, then, that investors in Facebook, Groupon, Twitter and Zynga will get lots of play.

Unfortunately, this means that Google backers Doerr and Moritz, who is actually the reigning champ, will be supplanted by a new crop of VCs. At least those two got their billions to keep ’em happy.