- Bezos' fortune shot up to $112 billion that put him way ahead of Gates
- After the announcement, Bezos' worth rocketed again to $127 billion
- US President Donald Trump's ranking fell to 766th place from 544th
Jeff
Bezos,
the founder and chief executive of online retail giant Amazon, is
now the world's richest person, according to Forbes magazine's annual
billionaires list published Tuesday. It was in October last year that
the net worth of Jeff Bezos surpassed Microsoft co-founder Bill
Gates' $90
billion, but this is the first time he has been named as richest
person by the magazine. The fortune of Jeff Bezos went to $112
billion (roughly Rs. 7.27 lakh crores), according to Forbes, after
Amazon stock's value rallied by 59 percent over the past 12 months.
After the announcement, Jeff Bezos' worth rocketed again to $127
billion in line with a spike in Amazon stock, widening the gap
between him and Gates.
Legendary
investor Warren Buffett held on to his number-three ranking, followed
by French industrialist Bernard Arnault, who jumped to fourth-richest
person from his previous number 11 spot, mostly thanks to euro
strength against the dollar, the magazine said. Facebook's Mark
Zuckerberg was fifth on the list.
US
President Donald Trump's ranking on the list fell to 766th place from
544th in the last edition, his wealth now being estimated at $3.1
billion (roughly Rs. 20,100 crores), $400 million less than a year
ago.
Two
Chinese billionaires rose to be among the 20 richest people in the
world: Ma Huateng, CEO of Chinese internet giant Tencent who is the
richest person in Asia and number 17 in the world, and Alibaba
founder Jack Ma.
There
are now a record 2,208 billionaires in the world, Forbes counted, and
their combined worth is $9.1 trillion, up 18 percent from last year.
The US has the most billionaires (585), followed by mainland China
(373). Forbes' list contains 259 newcomers, including the first-ever
cryptocurrency billionaires. Falling fortunes or political
headwinds, meanwhile, pushed 121 people out of the illustrious list,
including all 10 Saudi Arabians, the magazine said.
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