THURSDAY, 15 NOV 2018

 

CONNECT

Facebook Linked In Twitter
MTN_07/07-10/04_728x90px
GloriaJeans_266x90px
IMH LTD

Akinci Insists on a Non-Functional State

Andrej Kiska: Slovakia Will Continue the Same Policy on Cyprus Problem

IMH LTD
GAP_Group_2018_468x60px

Revealing 2015’s Richest

Revealing 2015’s Richest

Despite plunging oil prices and a weakened euro, the ranks of the world’s wealthiest defied global economic turmoil and expanded yet again. 


For Forbes’ 29th annual guide to the globe’s richest, it found a record 1,826 billionaires with an aggregate net worth of $7.05 trillion, up from $6.4 trillion a year ago.  


The total includes 290 newcomers, 71 of whom hail from China. Youth are on the rise: A record 46 among the ranks are under age 40. One earthward note: The average net worth of list members came in at $3.86 billion, down $60 million from 2014.


Bill Gates is once again the richest person on the planet, a title he’s held for 16 of the past 21 years. His fortune grew $3.2 billion since last year to $79.2 billion, despite a gift of $1.5 billion in Microsoft MSFT -1.37% shares to The Bill & Melinda Gates Foundation in November 2014. 


Carlos Slim Helu of Mexico comes in again at No. 2 while revered American investor Warren Buffett took back the No. 3 spot from Spain’s Amancio Ortega (now No. 4); not even the largest IPO in history was enough to beat the Oracle of Omaha this year. 


Buffett was the list’s biggest gainer, up $14.5 billion to $72.7 billion, thanks to Berkshire Hathaway’s rising share price.  


Facebook’s Mark Zuckerberg moves up 5 spots to number 16, his first time ranked among the world’s 20 richest. 


One hundred thirty-eight people from the 2014 list dropped out of the ranks altogether including fashion designer Michael Kors, Ukrainian President Petro Poroshenko, Zulily’s Mark Vadon and many Russians. Guatemala has a billionaire for the first time, and Iceland returns to the ranks after a five-year absence, the result of a comeback by Thor Bjorgolfsson, who’s now the only billionaire in Iceland’s history.


There’s no doubt that entrepreneurship is thriving globally. Fully 1,191 members of the list are self-made billionaires, while just 230 inherited their wealth. Another 405 inherited at least a portion but are still working to increase their fortunes.


Forbes’ estimates show a snapshot of wealth on Feb. 13, when it locked in stock prices and exchange rates from around the world. If a stock market wasn’t open on that day, it used the stock price from the previous trading day.

 


The first 20 billionaires on the list have been featured below in order of ranking.

 

Forbes: Kerry A. Dolan 

HEADLINES

MOST POPULAR

Deloitte_2016_300x250px
Dale_Carnegie_LTM_300x250px

IMH LTD