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Billionaire Gates meets with Trump to talk foreign aid

21 March, 2017, 13:43 | Author: Mae Harvey
  • Alexander Spanos Alexander Spanos

The list includes only four women billionaires from India, led by Savitri Jindal and her family at the 303rd position with a net worth of Dollars 5.2 billion.

Irsay, 57, saw his net worth rise from $2.3 billion to $2.5 billion, but his position on the list dropped from 771st to 814th. That's 13% more of them total in the world than past year, Forbes found.

A recent breakdown of the president's wealth valued his New York City real estate at $1.7 billion, his real estate outside New York at $630 million, his golf clubs at $620 million, his cash and personal assets at $270 million, and his brand businesses at $230 million. He has a fortune of USD86 billion, up from USD75 billion a year ago.

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.

Gates, the richest man in the world with a net worth of more than US$86 billion (RM380 billion) as of Friday, according to the Bloomberg Billionaires Index, has spent much of his time in recent years promoting global development and health through the Bill and Melinda Gates Foundation.

Forbes notes that Trump is the first billionaire president in USA history and said " the business that made him rich remains intact".

The U.S. had the most billionaires with a number of 565, and China came the second with 319 billionaires.

He was followed by Zara boss Amancio Ortega with US$71.3b ($101b), and then Facebook founder Mark Zuckerberg in fifth place with an estimated value of US$69.1b ($98b).

According to the list, Trump lost one billion dollars, with his worth dropping from 4.5 billion dollars to 3.5 billion dollars.

Forbes also said Trump's wealth was hit by US$66 million in political spending on his successful presidential campaign, as well as US$25 million to settle litigation he allegedly ripped off students at Trump University.

Eight of the top 10 on the list hail from the United States.

Twenty-three of the world's tech billionaires are under the age of 40, including the world's youngest self-made billionaire, John Collison, who cofounded payments startup Stripe with his brother Patrick Collison.

With a net worth of $23.2 billion, Mukesh Ambani, the chairman of Reliance Industries Ltd (RIL), is the highest-ranked Indian in the list, at No. 33.

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