Bill Gates regains top spot as the world’s richest man
0 0 0
Share
Article

Bill Gates regains top spot as the world’s richest man

Bill Gates regains top spot as the world’s richest man
Microsoft co-founder Bill Gates has recaptured his former position as the world's richest person following a long gap of four years. This recent development was announced by Forbes magazine in their annual exercise of ranking all of the global billionaires. Mr. Gates total net worth, estimated at a whopping $76 billion this year is up by more than $9 billion compared to last year’s recorded figure of $67 billion. Gates has consistently featured in the list of the world’s top 10 richest people from the last 15 to 20 years. Interestingly, Gates’ appreciable rise in fortune during the past one year knocked Mexican telecom mogul Carlos Slim Helu off the lofty perch of the world’s richest man. With a net worth of $ 72bn, Carlos has been relegated to the second position. Forbes also maintained that this year there was a record number of 1,645 billionaires who made the coveted list with an average net worth of $4.7 billion. Meanwhile last year there were more than 1400 billionaires in the list with a median net worth of $4.2 billion. In fact Spanish clothing tycoon Amancio Ortega, best known for the global retail chain Zara, has since last year maintained his third spot in the list along with iconic U.S investor Warren Buffett in fourth position. Larry Ellison of Oracle completes the top five ranking list of the global super rich. However the magazine also claimed that the list included more than self-made 1,000 billionaires while 207 inherited their wealth and 352 people inherited a small portion but are still multiplying it. However the biggest gainer on the list has been Facebook founder Mark Zuckerberg who has held the 21st rank while his fortune reportedly doubled to $28.5 billion as the result of the price rise in his company's shares. The social network's chief operating officer, Sheryl Sandberg for the very first time also made it to the list while WhatsApp founders Jan Koum and Brian Acton entered the list thanks to their record breaking deal with Facebook to the tune of $19 billion. U.S has the distinction of having the highest number of billionaires in the world.
Share With The World
0 0 0

Facebook Conversation