Microsoft co-founder Bill Gates once again topped the Forbes magazine list of the world’s more than 2,000 billionaires, while US President Donald Trump slipped more than 200 spots, the magazine said Monday.
Gates, whose wealth is estimated at $86 billion, led the list for the fourth straight year, and has been ranked as the richest person in the world for 18 of the past 23 years.
Trump slipped 220 spots on the list to 544 with an estimated $3.5 billion, a decline of $1 billion from last year. Forbes attributed Trump’s drop to sluggishness in the midtown Manhattan real estate market which is responsible for a disproportionate amount of his wealth.
There were 183 tech billionaires on the Forbes list,with a combined $1tn in wealth. The list is dominated by US billionaires.
Others in the top 10 included Amazon founder Jeff Bezos, who moved up to number three with the biggest gain of any person on the planet, a $27.6bn rise in his fortune of $72.8bn.
Facebook founder Mark Zuckerberg was number five and Oracle co-founder Larry Ellison was number seven.
The global population of billionaires, now put at a record 2,043, marks the biggest annual increase in the 31 years since the magazine began compiling the list.
The number of US billionaires on the list was 565, which Forbes attributed to the recent stock market surge since Mr Trump’s November 2016 election.
China was second with 319 billionaires, and Germany was third with 114.
Forbes’ top ten:
Bill Gates (Microsoft co-founder): $86bn
Warren Buffett (US investor): $75.6bn
Jeff Bezos (Amazon founder): $72.8bn
Amancio Ortega (Inditex founder): $71.3bn
Mark Zuckerberg (Facebook founder): $56bn
Carlos Slim (Mexican magnate): $54.5bn
Larry Ellison (Oracle co-founder): $52.2bn
Charles Koch (US businessman): $48.3bn
David Koch (US businessman): $48.3bn
Michael Bloomberg (Bloomberg founder): $47.5bn
The number of women on the list rose to 227 from 202, giving them a collective net worth of $852.8bn. For the second year running France’s Liliane Bettencourt, the L’Oreal cosmetics heiress, was the world’s wealthiest woman with a $39.5bn net worth.
Most of the richest women inherited their fortune, Forbes said. But the list also contained 15 new “self-made” women, mostly from Asian countries, including Vietnam’s Nguyen Thi Phuong Thao of budget airline VietJet air.