Sidebar

Exclusive Reports

29
Thu, Feb

US & Canada News
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

American business magazine Forbes has released its 32nd annual ranking of the world’s billionaires. The magazine lists more than 2,200 billionaires around the world who hold a combined net worth of $9.1 trillion, up 18% from a year ago. Interestingly, no Saudi Arabians made the Forbes Billionaires list this year.

Top 5 billionaires of 2018

 

Jeff Bezos

Amazon founder and CEO Jeff Bezos is the richest person on the planet and the first centi-billionaire in our annual ranking. Shares of his e-commerce giant Amazon rose 59% in 12 months, helping boost his fortune by a whopping $39.2 billion the biggest one-year gain ever. Forbes estimates that Mr Bezos, 54, who founded the online retail giant in 1994, is worth $112bn.

 

Bill Gates

Microsoft co-founder Bill Gates dropped one spot from last year to No. 2, with $90 billion. Gates haas been on the richest person Forbes list for 18 of the past 24 years. The 62-year-old, who co-founded Microsoft in 1975, has given away much of his wealth and has set up a charitable foundation with his wife to improve global health.

 

Warren Buffett

American business magnate and investor Warren Buffett stands at the third spot on the list with $84 billion.

 

Bernard Arnault and family

On number four Chairman and CEO of luxury goods company LVMH, Bernard Arnault, and his family, with $72 billion, they are behind the LVMH luxury goods empire, which includes brands such as Louis Vuitton, Christian Dior and Moet & Chandon. Their fortune stands at $72bn.

 

Mark Zuckerberg

Facebook’s co-founder Mark Zuckerberg, 33, is on number five, with an estimated $71 billion. He is the youngest of the top five.

 

Nigeria’s Aliko Dangote retains Africa’s richest man title with $14.1bn and 100th world’s richest. Telecom and oil mangate, Mike Adenuga, was second Nigerian on the list with a net worth of $5.3bn while Folorunsho Alakija, 67, oil mogul, was the third Nigerian with a net worth of $1.5bn.

 

Forbes said a record 35 people have joined the list of the world’s billionaires, with the magazine calculating there are now 2,208 people with a net worth of more than 1bn dollars.

BLOG COMMENTS POWERED BY DISQUS