Bill Gates Tops World Rich List Again While Trump Falls 220 Spots

21 March, 2017, 13:45 | Author: Leticia Walters
  • Bill Gates Warren Buffett and Jeff Bezos top the Forbes Billionaires list

Bill Gates remains on top of the elite list with a fortune worth USD86 billion.

Hart - a tow-truck driver turned investor - is worth US$9.5 ($NZ13.5b), and climbed the ranks from being the world's 178th richest person a year ago.

The total combined net worth of this year's billionaires was US$7.67 trillion (as of Feb 17), up 18.4% from US$6.48 trillion last year.

This annual increase is at an all-time high in the 31-year history of the list, Forbes said.

The creative engine behind the Windows operating system is the richest person in the world for the fourth consecutive year, and Gates has occupied the top spot 18 times since 1994. He's joined by Warren Buffett, Jeff Bezos, Amancio Ortega and Mark Zuckerberg in the top five.

Trump's dwindling net worth is going the other direction from many other billionaires during the past 12 months, who collectively saw their ranks swell to 2,043 worldwide with the addition of 233 newly minted billionaires, according to Forbes.

"Midtown Manhattan real estate is down; therefore, so is Donald Trump's fortune", the magazine said in a statement.

The US had the most billionaires with 565, while China was second with 319, and Germany was in the third spot with 114.

Mr Gates' fortune was estimated at $75bn past year.

Tech billionaire Bill Gates met with President Donald Trump to discuss progress in programs for global health and development as well as domestic education. "In October 2016, at the time of the release of the 2016 Forbes 400 list of wealthiest Americans, Forbes valued Trump's net worth at $3.7 billion", Forbes said. "Gainers since last year's list outnumbered losers by more than three to one".

Goodnight ranks No. 137 on the new list.

U.S. president, Donald Trump dropped down the list 200 spots to 544th as his fortune nosedived to $3.5bn from $3.7bn the previous year.

Other notable newcomers to the list include: Australian Manny Stul, whose toy company created the popular Shopkins collectibles; American Yvon Chouinard, the founder of outdoor gear maker Patagonia; and Juan Francisco Beckmann Vidal of Mexico, who is chairman of tequila maker Jose Cuervo.

Recommended:

  • Trump, critic of Obama's golfing, regularly hits the links

    The LA Times reported Napolitano has been off the air since Thursday and is not expected to return any time in the near future. In response, the British spy agency called Napolitano's claims "utterly ridiculous", saying they "should be ignored".
    Germany's Factory Orders Fall Most Since 2009

    Germany's Factory Orders Fall Most Since 2009

    Industrial orders from the 19-member eurozone contracted faster then those from nations outside the single currency area. Domestic orders logged a double-digit fall of 10.5 percent and foreign orders decreased 4.9 percent in January.
    Solve Babri dispute jointly out of court says CJI, offers to mediate

    Solve Babri dispute jointly out of court says CJI, offers to mediate

    We welcome this step and believe there should be talks outside the court as well", Sambit Patra, BJP spokesperson told reporters. He was asked to mention the case again on March 31 when the court may pass some formal orders.
  • This emerging country ranks very, very low on the global happiness index

    This emerging country ranks very, very low on the global happiness index

    Central African Republic fell to last on the happiness list and is joined at the bottom by Burundi, Tanzania, Syria and Rwanda. Pakistan also ranks ahead of several countries that are much more technologically advanced, including Greece and South Africa.
    Flight Attendant Re-Creates Britney Spears' 'Toxic' on Empty Plane, Completely Nails It

    Flight Attendant Re-Creates Britney Spears' 'Toxic' on Empty Plane, Completely Nails It

    The video has gone viral on Twitter , but Nasir may now be experiencing some unexpected turbulence. Mr Nasir, from Kuala Lumpur , was filmed by fellow flight attendant Farhan Rzman this weekend.
    Theresa May Speaks Out About Her First Meeting with President Trump

    Theresa May Speaks Out About Her First Meeting with President Trump

    On whether she confronted Trump about the comments, she recalled: "Well, I don't". "I think what's important is for people to feel that I'm delivering for them".
  • Wizards, Celtics set to renew feisty rivalry

    Wizards, Celtics set to renew feisty rivalry

    This is most certainly going to be a game that the Wizards want to get up for, so we'll see if that leads to a more complete game. A Rookie of the Year award for Dario Saric would be another concrete example that points to a bright future for the Sixers.

    Hardline priest sworn in as head of India's Uttar Pradesh state

    The BJP swept to power in the Uttar Pradesh assembly election, decimating the opposition and winning 312 of the 403 seats. The BJP-led government yesterday won the floor test in Manipur Assembly with a voice vote.
    Gionee A1 with 16MP Selfie Camera Announced in India

    Gionee A1 with 16MP Selfie Camera Announced in India

    Being the first ever A series smartphone, the key focus of the Gionee A1 is its front - selfie - camera and long battery life. The Gionee A1 has been officially announced for the Indian markets today, however, the price of the phone is not unveiled.
  • SC notice to Centre, RBI over plea on depositing old notes

    SC notice to Centre, RBI over plea on depositing old notes

    The move to demonetise notes of Rs 500 and Rs 1000 was announced overnight on November 8, 2016 after by Prime Minister Modi. The pPrime minister's speech gave hope to those in difficulty to deposit demonetised currency by March 31.
    Muirfield members still not McIlroy's cup of tea

    Muirfield members still not McIlroy's cup of tea

    Nick Faldo and Vardon contemporary James Braid are the only British Open champions to win twice at Muirfield. McIlroy took umbrage with the members who voted against opening the club to women.

    Fox News pulls Napolitano after his Trump wiretap claims

    Donald Trump practices his swing at the 13th tee of his new Trump International Golf Links course near Aberdeen, Scotland in 2011. Now, citing the President's privacy, Trump's aides are left trying to hide the President's frequent golfing.


Popular

'Rahul Gandhi is Bhasmasura, will reduce allies to ashes'
Rahul Gandhi had talked of structural and organisational changes after the result of assembly polls to five states. However, it is yet to be clarified whether the USA based record book will entertain such type of request or not.

1 to done: Duke looks to who stays, who leaves
What channel is the Baylor-South Carolina on? Brunner had the highest-scoring game of her NCAA Tournament career with 20 points. Welcome to the lone topsy-turvy bracket after losses by No. 1 overall seed Villanova and No. 2 seed Duke.

We May Play As An Ancestor of Altair In Assassin's Creed
While images and other information point to Ancient Egypt, there has been a lot of confusion about the game's release date. According to some, the fact that the title is scheduled for the end of this year ensures its presence at E3 2017.

Duterte meets Myanmar's leaders in Nay Pyi Taw
Duterte has also been condemned for the several thousand deaths caused by the surge of extrajudicial killings in his war on drugs. Duterte sought and received the support of Myanmar's president and state counselor for the Philippines' chairmanship.

Spicer Downplays Manafort's 'Limited Role' on Team Trump
The White House said Trump had "meetings and phone calls" at the club and wouldn't say whether he was golfing. Golf blog NoLayingUp.com later revealed Trump played 18 holes with four-time major champion Rory McIlroy .