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Amazon founder Jeff Bezos is world's richest man with $112 bn: Forbes billionaire 2018 list
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  • Amazon founder Jeff Bezos is world's richest man with $112 bn: Forbes billionaire 2018 list

Amazon founder Jeff Bezos is world's richest man with $112 bn: Forbes billionaire 2018 list

Indo Asian News Service • March 7, 2018, 19:07:06 IST
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Amazon founder Jeff Bezos tops this year’s Forbes World’s Billionaires list with a record fortune of $112 billion

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Amazon founder Jeff Bezos is world's richest man with $112 bn: Forbes billionaire 2018 list

New York: Amazon founder Jeff Bezos tops this year’s Forbes World’s Billionaires list with a record fortune of $112 billion. Bezos’ fortune increased by $39.2 billion in 2017 - the largest up move in anyone’s net worth recorded by Forbes last year - dethroning philanthropist and Microsoft co-founder Bill Gates, whose net worth is calculated at $90 billion, Efe reported. [caption id=“attachment_4380573” align=“alignleft” width=“380”]File image of Amazon founder Jeff Bezos. AP. File image of Amazon founder Jeff Bezos. AP.[/caption] While Gates has headed the world’s richest list 18 times over the last 24 years, the gap between his fortune and that of Bezos is the largest between two first-place moguls since 2001, according to Forbes. Bezos and Gates are trailed by American investor Warren Buffet - with an estimated fortune of $84 billion - followed by Frenchman Bernard Arnault, the head of LVMH Moet Hennessy Louis Vuitton SE, with a net worth of $72 billion, climbing seven positions and Europe’s richest person. Facebook creator Mark Zuckerberg rounds out the top-5 list, with a net worth of $71 billion. Spaniard Amancio Ortega, the founder of clothes retailer Zara, dropped to 6th place after losing $1.3 billion, his fortune now calculated at $70 billion. The magazine also reported that US President Donald Trump’s net worth is $3.1 billion, the $400 million loss he suffered over the past year resulting in a plunge of more than 200 places in the ranking from 544th to 766th. In 2017, Trump’s net worth was calculated by Forbes to be $3.5 billion, some $1 billion less than it had been on the 2016 Billionaires List. The Forbes World’s Billionaires list includes 2,208 people from all over the world whose fortunes are calculated to be at least $1 billion. This year’s list included 259 new billionaires, while the names of 121 people who had made the list on previous occasions were dropped due to losses. Here is the list of top 25 Forbes world billionaires

RankNameNet WorthAgeSourceCountry of Citizenship
1Jeff Bezos$112 B54AmazonUnited States
2Bill Gates$90 B62MicrosoftUnited States
3Warren Buffett$84 B87Berkshire HathawayUnited States
4Bernard Arnault$72 B69LVMHFrance
5Mark Zuckerberg$71 B33FacebookUnited States
6Amancio Ortega$70 B81ZaraSpain
7Carlos Slim Helu$67.1 B78telecomMexico
8Charles Koch$60 B82Koch IndustriesUnited States
8David Koch$60 B77Koch IndustriesUnited States
10Larry Ellison$58.5 B73softwareUnited States
11Michael Bloomberg$50 B76Bloomberg LPUnited States
12Larry Page$48.8 B44GoogleUnited States
13Sergey Brin$47.5 B44GoogleUnited States
14Jim Walton$46.4 B69WalmartUnited States
15S. Robson Walton$46.2 B73WalmartUnited States
16Alice Walton$46 B68WalmartUnited States
17Ma Huateng$45.3 B46internet mediaChina
18Francoise Bettencourt Meyers$42.2 B64L’OrealFrance
19Mukesh Ambani$40.1 B60petrochemicals, oil & gasIndia
20Jack Ma$39 B53e-commerceChina
21Sheldon Adelson$38.5 B84casinosUnited States
22Steve Ballmer$38.4 B61MicrosoftUnited States
23Li Ka-shing$34.9 B89diversifiedHong Kong
24Hui Ka Yan$30.3 B59real estateChina
24Lee Shau Kee$30.3 B90real estateHong Kong
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Mark Zuckerberg Bill Gates Warren Buffet Jeff Bezos Forbes Rich list US President Donald Trump Bernard Arnault
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