Microsoft Co-Founder Bill Gates Tops World's Richest List Again

Bill Gates Warren Buffett and Jeff Bezos top the Forbes Billionaires list

Bill Gates Warren Buffett and Jeff Bezos top the Forbes Billionaires list

The youngest member of the list is John Collison, the 26-year-old founder of Internet payment startup Stripe, who boasts a net worth of $1.1 billion.

CEO Abigail Johnson of Boston-based Fidelity Investments has a net worth of $14.4 billion and ranked 75th on Forbes' list.

"Midtown Manhattan real estate is down; therefore, so is Donald Trump's fortune", the business magazine said in a statement.

The total worth of people on the list amount to a huge £6.18 trillion - more than double the UK's annual gross domestic product.

Last year, Forbes said Trump was the 324th-richest person in the world.

While Donald Trump's political fortunes were rising, his net worth was dropping to a mere $3.5-billion, or roughly a third of what he claimed during his successful campaign for the US presidency, according to the latest Forbes list of the world's billionaires. Peterffly also topped the Florida billionaires' list in 2016. Forbes said he added $27.6 billion to his fortune.

According to the magazine's annual rich list, Mr Gates' fortune rose $86bn past year to $75bn, followed by investor Warren Buffet, up $14.8bn to $75.6bn.

The Story Of Mass Effect: Andromeda
Still, it is worth mentioning here considering there is a lot of criticism over the design of the Female Ryder in the game. There won't be any animation fix in a day 1 patch for the game.

As the New York's real estate market has slowed, Forbes began downgrading Trump's net value a year ago, saying in October that his net worth was down to US$3.7b.

Still at number three is Lucio Tan with a $3.7 billion total net worth, $3 million lower than a year ago.

Forbes isn't the only publication tracking Trump's wealth to conclude that he is likely worth much less than he says he is.

The number of USA billionaires on the list was 565, which Forbes attributed to the recent stock market surge since Mr Trump's November 2016 election.

Facebook founder Mark Zuckerberg moved up to number five for the first time, after his fortune rose $11.4 billion in 12 months.

The Asia-Pacific claimed the most billionaires with 720, followed by the US with 565 and Europe with 530.

The US president also would have missed the big stock market rally following his election, "assuming Trump sold off all of his stocks during last year's campaign, as he has claimed", the magazine said.

Recommended News

  • Oil falls 1 percent as bullish bets fade with USA output rise

    This means that speculators last week cut more than 150,000 contracts betting on firmer oil prices, a record high. Beyond OPEC, oil production rose 90,000 bpd in February, as increasing US output offset declines elsewhere.
    Michail Antonio pulls out of England squad

    Michail Antonio pulls out of England squad

    Antonio was included Gareth Southgate's 23-man squad and was widely expected to make his global debut in one of the next two games.
    Gold slips on technical selling; Fed stance caps fall

    Gold slips on technical selling; Fed stance caps fall

    At 9.15am, the home currency was trading at 65.42, down 0.08% from its Monday's close of 65.36. The dollar didn't show much reaction, taking its cue instead from the moves in USA yields.
  • Money Doesn't Buy Happiness (In America, at Least)

    Money Doesn't Buy Happiness (In America, at Least)

    Jeffrey Sachs , the director of Sustainable Development Solutions Network (SDSN) which published the World Happiness Report said. The report also said people in China were no happier than they had been 25 years ago while happiness has fallen in America.
    Celtics hold off Wizards for 110-102 win

    Celtics hold off Wizards for 110-102 win

    The fourth saw the Celtics closing out the game cautiously, doing their best not to drop the lead they had worked so hard to get. The Celtics surprisingly held a significant advantage on the glass, outrebounding the Wizards 31-16 in the first two quarters.

    Trump's Allegations of Obama Wiretapping Him Are False: FBI, NSA

    Susan Collins, R-Maine said Sunday. "I don't know the basis for President Trump's assertion". Neither Rogers nor Comey have spoken publicly about the president's allegation.
  • Dukhi India drops to 122 on World Happiness Index

    Dukhi India drops to 122 on World Happiness Index

    Happiness, Mahatma Gandhi said, is when what you think, what you say, and what you do are in harmony. Meanwhile, creeping into the top 10 are the Netherlands, Canada, New Zealand, Australia and Sweden.
    War Machine Guilty On 29 Counts, Could Face Life In Prison

    War Machine Guilty On 29 Counts, Could Face Life In Prison

    The jurors were deadlocked on the attempted murder charges, and they found War Machine not guilty on three other charges. Koppenhaver, 35, made his UFC debut at The Ultimate Fighter 6 Finale, where he won KO and Fight of the Night honors.
    Saddam Hussain Is Struggling to Find a Job

    Saddam Hussain Is Struggling to Find a Job

    While Hussain says he does not blame his grandfather, he feels that he is unjustly suffering for someone else's crimes. Saddam Hussein was a dictator blamed for atrocities on his subjects until toppled by the United States in 2003.
  • Apple May Debut Their AR Efforts in the Next iPhone

    Apple May Debut Their AR Efforts in the Next iPhone

    However, this iPhone is rumored to have a 5.8-inch display and a glass casing, which weren't present on AAPL's first smartphone. The original iPhone, iPhone 3G and iPhone 3GS both had curved rear casings, made with either aluminium or plastic.
    Bill Gates Tops World Rich List Again While Trump Falls 220 Spots

    Bill Gates Tops World Rich List Again While Trump Falls 220 Spots

    The rich are getting richer, and if you don't believe us just check out Forbes.com's new list of the world's billionaires. The combined fortunes of this year's billionaires totaled to $7.67 trillion, up from $6.48 trillion in 2016.

    Hedge Funds Reduced Their Bullish Bets on Crude Oil

    Falih notes that OPEC is committed to cutting supply as much as necessary until there's an uptrend in oil prices. Brent for May settlement slipped 14 cents to US$51.62 a barrel on the London-based ICE Futures Europe exchange.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.