A Lot of People Became Billionaires Last Year

21 March, 2017, 12:45 | Author: Oscar Goodwin
  • Alexander Spanos Alexander Spanos

Forbes said on Monday that the number of billionaires had jumped 13 per cent to 2,043 from 1,810 previous year. The Microsoft co-founder and philanthropist has been the richest person in the world 18 out of the past 23 years, Forbes reported. Bezos' net worth surged by $27.6 billion to $72.8 billion, lofting him to third place among the world's richest.

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Facebook creator Mark Zuckerberg came fifth.

There are 277 women who made the list, up from 202 past year, and 56 of them are self-made billionaires.

With a net worth of $2.5 billion, Red Sox owner John Henry placed 814th on the Forbes list.

Trump slipped 220 spots on the list to 544 with an estimated $3.5 billion (roughly Rs. 22,889 crores), a decline of $1 billion from previous year.

The rich are getting richer, and if you don't believe us just check out Forbes.com's new list of the world's billionaires.

Forbes attributed Trump's drop to sluggishness in the midtown Manhattan real estate market which is responsible for a disproportionate amount of his wealth. China added 76 billionaires to the list.

With the continuous growth of DoubleDragon Properties, Edgar Sia became the youngest Filipino to be included in this year's list, landing at the 1940 place with a net worth of $1 billion.

Ten Indians have also made it to the list of Forbes' 500 richest people in the world.

2,043 billionaires (up from 1,810 in 2016) made the list, with an average net worth of $3.75 billion.

The number of U.S. billionaires on the list was 565, which Forbes attributed to the recent stock market surge since Mr Trump's November 2016 election. However, it's likely other billionaires might live in El Paso but are not as public as Foster, who is the founder and board chairman of Western Refining, a publicly traded El Paso oil refining company. Regionally, Asia-Pacific boasted the most billionaires, with 720 billionaires, followed by the United States with 565 and Europe with 530.

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