BILL GATES WORLD’S RICHEST MAN FOR THE 18TH TIME
In this week’s news, Bill Gates is named the world’s richest man yet again for the 4th year in a row by Forbes Magazine. This is also the 18th time that Mr. Gates receives this title. The number of billionaires on the planet has increased from 1,810 people last year to 2,043 this year, the biggest increase in 31 years according to Forbes.
While Mr. Gates had a good year, increasing his wealth by 9 million, Amazon’s Jeff Bezos had the best year of any man in the planet, amassing an additional wealth of 27.6 billion US dollars. This moved Mr. Bezos up two places, into the top three for the first time. Coming in second was Warren Buffet, having the second-largest gain in wealth also. Mr. Buffet takes this position back from the founder of Zara, Amancio Ortega. Mr. Ortega has also moved down to the fourth place.
I’m sure you were wondering where Mark Zuckerberg was in all this name mentioning? The founder of Facebook came in fifth this year with an increase of 11.4 billion USD pushing Mexico’s richest man, Carlos Slim Helu to sixth place. The rest of the top ten in order are Larry Ellison, brothers Charles and David Koch and Michael Bloomberg.
This year two more people in their 20s have become self-made billionaires (the other two are the owners of Snapchat). 56 billionaires were under the age of 40, apparently, 10 from last year dropped below the 1-billion-dollar mark. Africa’s richest man, Aliko Dangote of Nigeria, also ranked 105th out of the 2,043 individuals on the list. For information on all the rankings of the world’s billionaires see Forbes Magazine.
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