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March 21, 2017

Top 10 in Forbes World's Billionaires List 2017

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Microsoft founder Bill Gates was named the richest man in the world for the fourth consecutive year according to Forbes’ list of the richest people for the year 2017. He has been the richest person on the planet for 18 out of the last 23 years. According to the magazine's annual rich list, Mr Gates' fortune rose to $86 billion, from $75 billion, followed by investor Warren Buffett, up $14.8 billionto $75.6 billion.

US President Donald Trump has slipped more than 200 spots in the list and ranked 544. Among the top 10 billionaires, a group heavily dominated by Americans, many from the technology sector. There are 183 tech billionaires in all with a combined $1 trillion in wealth. 

There are 183 tech billionaires in all with a combined $1 trillion in wealth. The US had the most billionaires with 565, a product of the swelling value of the American stock market since Trump's November 2016 election. China stood at second spot with 319 billionaires, and Germany was third with 114. Here are the Top 10 Billionaires of the year 2017 according to Forbes.

Top 10 in Forbes World's Billionaires List 2017

  1. Bill Gates (Microsoft co-founder): $86bn
  2. Warren Buffett (US investor): $75.6bn
  3. Jeff Bezos (Amazon founder): $72.8bn
  4. Amancio Ortega (Inditex founder): $71.3bn
  5. Mark Zuckerberg (Facebook founder): $56bn
  6. Carlos Slim (Mexican magnate): $54.5bn
  7. Larry Ellison (Oracle co-founder): $52.2bn
  8. Charles Koch (US businessman): $48.3bn
  9. David Koch (US businessman): $48.3bn
  10. Michael Bloomberg (Bloomberg founder): $47.5bns
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