Bill Gates tops Forbes rich list again

2015-03-03 07:52

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Bill Gates stands atop Forbes magazine’s annual list of the world’s richest people, as Facebook’s Mark Zuckerberg joined the top 20 and basketball star Michael Jordan plowed new air by making the list for the first time.

Gates’ net worth rose to $79.2 billion (R929 billion) from $76 billion (R892 billion) a year earlier, putting the Microsoft Corp co-founder at the top for the 16th year in the last 21, Forbes said yesterday.

Mexico telecommunications mogul Carlos Slim Helu ranked second, worth $77.1 billion (R905 billion), while Berkshire Hathaway chief Warren Buffett was third, at $72.7 billion (R853 billion).

Amancio Ortega, the Spanish founder of Inditex SA, which includes clothing retailer Zara, was fourth at $64.5 billion (R757 billion), while Oracle Corp Chairman Larry Ellison was fifth at $54.3 billion (R637 billion).

Buffett’s fortune grew $14.5 billion from a year earlier, more than anyone’s else, despite his having donated $2.8 billion to several charities last July.

Aliko Dangote, a Nigerian who became Africa’s richest man through cement manufacturing and commodities such as flour and sugar, was the biggest loser, falling $10.3 billion to $14.7 billion (R173 billion).

Forbes identified a record 1826 billionaires, up from 1645 last year, worth a combined $7.05 trillion.

Of the record 197 women, the highest-ranked was Wal-Mart Stores Inc heiress Christy Walton, who was eighth at $41.7 billion (R489 billion).

France’s Liliane Bettencourt, who got much of her wealth from cosmetics company L’Oreal SA, was 10th at $40.1 billion (R471 billion).

Zuckerberg (30) rose to 16th place from 21st last year, as his net worth grew to $33.4 billion (R392 billion).

The youngest billionaires were Evan Spiegel (24) and Bobby Murphy (25) who co-founded mobile messaging app Snapchat, and are each worth $1.5 billion.

Meanwhile, Jordan ranked 1741st with a $1 billion net worth. The 52-year-old is majority owner of the Charlotte Hornets basketball team, but is better known for his Hall of Fame playing days with the Chicago Bulls and endorsement contract with Nike, which makes Air Jordan shoes.

Jordan’s business manager did not immediately respond to a request for comment.

The United States had the most billionaires, with 536, followed by China at 213, Germany at 103 and India at 90.

Russia, which has struggled with currency and oil market turmoil, saw its collection of billionaires fall to 88 from 111, Forbes said.

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