NEW YORK: Microsoft co-founder Bill Gates once again topped the Forbes magazine list of the world’s richest billionaires, while US President Donald Trump slipped more than 200 spots, the magazine said on Monday.
Gates, whose wealth is estimated at $86 billion, led the list for the fourth straight year.
He was followed by Berkshire Hathaway chief Warren Buffett among the top 10 billionaires, a group heavily dominated by Americans, many of whom work in the technology sector. Buffett’s wealth was estimated at $75.6 billion.
Others in the top 10 included Amazon founder Jeff Bezos at number three, Facebook creator Mark Zuckerberg at number five and Oracle co-founder Larry Ellison at number seven.
The global billionaire population jumped 13 percent from last year to 2,043, the biggest annual increase in the 31 years since the magazine began compiling the list, Forbes said.
The US led countries with the most billionaires with 565, a product of the swelling value of the American stock market since Trump’s November 2016 election. China was second with 319 billionaires, and Germany was third with 114.
Liberal Justice Elena Kagan on Sept. 13, 2016. — Slate website WASHINGTON: U.S. Supreme Court justices, wading back...
A representational image of inmates behind jail bars. — Unsplash/FileMOSCOW: A Russian court on Wednesday ordered...
Sudanese soldiers guard the surrounding area of the UNMIS compound in El-Fasher, the administrative capital of North...
US quietly shipped ATACMS missiles to Ukraine. — Report news agencyWASHINGTON: The United States in recent weeks...
US President Joe Biden during his address in California. — AFP FileWASHINGTON: President Joe Biden signed a...
The World Meteorological Organisation flag. — AFP FileGENEVA: Global temperatures hit record highs last year, and...