Connect with us

Hi, what are you looking for?

World

Bezos, Gates and Buffett still top the world’s ultra rich: Forbes

-

Jeff Bezos remains the world's richest person, ahead of Bill Gates and Warren Buffett, according to the latest Forbes list of the ultra wealthy, while far behind President Donald Trump jumped 51 spots in the ranking.

While things are largely stable up on top of the list, Facebook founder Mark Zuckerberg dropped three spots and former New York mayor Michael Bloomberg rose by two.

According to the list announced Tuesday by Forbes, the riches of Bezos, 55, have swelled by $19 billion in one year and he is now worth $131 billion.

Bezos, who holds 16 percent of Amazon and whose wealth now makes him a target of the left wing of the US Democratic Party, has widened the money gap between himself and Gates, the philanthropist and co-founder of Microsoft.

Gates, 63, has seen his wealth grow to $96.5 billion, up from 90 billion last year, said Forbes.

Third place is held by Buffett, 88 and long considered an investment guru, although he did get stung in late February by a deep plunge in shares of US processed food maker Kraft Heinz, in which he had a large stake.

Warren Buffett  the
Warren Buffett, the "Oracle of Omaha," is the third richest person on the planet even though his wealth has slipped by $1.5 billion, according to Forbes
BILL PUGLIANO, GETTY/AFP/File

Buffett's fortune slipped by $1.5 billion to $82.5 billion, the magazine estimated.

It is more or less after this trio that things start to get shaken up on the Forbes list.

The CEO of French luxury good company LVMH, Bernard Arnault, held on to fourth place. But Zuckerberg lost $9 billion in net worth and slipped from fifth to eighth.

Ahead of Zuckerberg now are Mexican tycoon Carlos Slim, Zara and Inditex founder Amancio Ortega of Spain, and Oracle co-founder Larry Ellison.

Bloomberg rose from 11th to ninth place as his fortune increased to $55.5 billion, from $50 billion, said Forbes.

Americans still dominate the list with 14 of the top 20 billionaires from the US.

Non-Americans among the top 20 include India's Mukesh Ambani, chairman of Reliance Industries, in 13th place, and China's Ma Huateng, head of the Chinese internet giant Tencent, who rounds out the top 20.

- Donald Trump 715th richest -

Forbes estimates Trump's wealth at $3.1 billion, unchanged from last year.

While 994 people from last year's ranking saw their wealth drop -- a record, according to Forbes -- Trump rose in the Forbes ranking from 766 last year to 715 this year.

Forbes depreciated the Trump-owned National Doral Miami golf club by $26 million following a drop in...
Forbes depreciated the Trump-owned National Doral Miami golf club by $26 million following a drop in bookings attributed to disagreements with the president's policies
JOE RAEDLE, GETTY IMAGES NORTH AMERICA/AFP

Trump's nine New York skyscrapers, including the famous Trump Tower on Fifth Avenue, account for nearly half of his wealth, while his clubs and golf courses are valued at $550 million.

However, one of Trump's Florida golf clubs, the National Doral Miami, took a hit and has been depreciated by $26 million following a sharp drop in bookings attributed to disagreements with the president's policies, Forbes said.

Trump is not the richest US elected official: that honor goes to J.B. Pritzker, a Democrat who took office as governor of Illinois in January. Pritzker, heir to the Hyatt hotel fortune, was estimated to be worth $3.2 billion.

Jeff Bezos remains the world’s richest person, ahead of Bill Gates and Warren Buffett, according to the latest Forbes list of the ultra wealthy, while far behind President Donald Trump jumped 51 spots in the ranking.

While things are largely stable up on top of the list, Facebook founder Mark Zuckerberg dropped three spots and former New York mayor Michael Bloomberg rose by two.

According to the list announced Tuesday by Forbes, the riches of Bezos, 55, have swelled by $19 billion in one year and he is now worth $131 billion.

Bezos, who holds 16 percent of Amazon and whose wealth now makes him a target of the left wing of the US Democratic Party, has widened the money gap between himself and Gates, the philanthropist and co-founder of Microsoft.

Gates, 63, has seen his wealth grow to $96.5 billion, up from 90 billion last year, said Forbes.

Third place is held by Buffett, 88 and long considered an investment guru, although he did get stung in late February by a deep plunge in shares of US processed food maker Kraft Heinz, in which he had a large stake.

Warren Buffett  the

Warren Buffett, the “Oracle of Omaha,” is the third richest person on the planet even though his wealth has slipped by $1.5 billion, according to Forbes
BILL PUGLIANO, GETTY/AFP/File

Buffett’s fortune slipped by $1.5 billion to $82.5 billion, the magazine estimated.

It is more or less after this trio that things start to get shaken up on the Forbes list.

The CEO of French luxury good company LVMH, Bernard Arnault, held on to fourth place. But Zuckerberg lost $9 billion in net worth and slipped from fifth to eighth.

Ahead of Zuckerberg now are Mexican tycoon Carlos Slim, Zara and Inditex founder Amancio Ortega of Spain, and Oracle co-founder Larry Ellison.

Bloomberg rose from 11th to ninth place as his fortune increased to $55.5 billion, from $50 billion, said Forbes.

Americans still dominate the list with 14 of the top 20 billionaires from the US.

Non-Americans among the top 20 include India’s Mukesh Ambani, chairman of Reliance Industries, in 13th place, and China’s Ma Huateng, head of the Chinese internet giant Tencent, who rounds out the top 20.

– Donald Trump 715th richest –

Forbes estimates Trump’s wealth at $3.1 billion, unchanged from last year.

While 994 people from last year’s ranking saw their wealth drop — a record, according to Forbes — Trump rose in the Forbes ranking from 766 last year to 715 this year.

Forbes depreciated the Trump-owned National Doral Miami golf club by $26 million following a drop in...

Forbes depreciated the Trump-owned National Doral Miami golf club by $26 million following a drop in bookings attributed to disagreements with the president's policies
JOE RAEDLE, GETTY IMAGES NORTH AMERICA/AFP

Trump’s nine New York skyscrapers, including the famous Trump Tower on Fifth Avenue, account for nearly half of his wealth, while his clubs and golf courses are valued at $550 million.

However, one of Trump’s Florida golf clubs, the National Doral Miami, took a hit and has been depreciated by $26 million following a sharp drop in bookings attributed to disagreements with the president’s policies, Forbes said.

Trump is not the richest US elected official: that honor goes to J.B. Pritzker, a Democrat who took office as governor of Illinois in January. Pritzker, heir to the Hyatt hotel fortune, was estimated to be worth $3.2 billion.

AFP
Written By

With 2,400 staff representing 100 different nationalities, AFP covers the world as a leading global news agency. AFP provides fast, comprehensive and verified coverage of the issues affecting our daily lives.

You may also like:

World

US President Joe Biden delivers remarks after signing legislation authorizing aid for Ukraine, Israel and Taiwan at the White House on April 24, 2024...

World

AfD leaders Alice Weidel and Tino Chrupalla face damaging allegations about an EU parliamentarian's aide accused of spying for China - Copyright AFP Odd...

Business

Meta's growth is due in particular to its sophisticated advertising tools and the success of "Reels" - Copyright AFP SEBASTIEN BOZONJulie JAMMOTFacebook-owner Meta on...

Business

The job losses come on the back of a huge debt restructuring deal led by Czech billionaire Daniel Kretinsky - Copyright AFP Antonin UTZFrench...