According to Forbes, the founder and CEO of Amazon Jeff Bezos is the richest man in the world for the 3rd year running. As of March 18, when Forbes finalized this list, Forbes counted 2,095 billionaires, 58 fewer than a year ago and 226 fewer than just 12 days earlier, when they initially calculated these net worths. Of the billionaires who remain, 51% are poorer than they were last year. In raw terms, the world’s billionaires are worth $8 trillion, down $700 billion from 2019.
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Despite giving $36 billion worth of his Amazon stock to his ex-wife MacKenzie Bezos as part of their divorce settlement last summer, Jeff Bezos is still very wealthy. He’s worth $113 billion, buoyed by a 15% rise in Amazon’s shares since the 2019 list. The e-commerce giant he runs has been in the spotlight amid the pandemic; it’s hiring 100,000 full- and part-time workers to help meet increased demand from consumers staying home and shopping online.
Coming in second is Bill Gates keeps his spot as number two richest, followed by luxury goods tycoon Bernard Arnault, who leapfrogged Warren Buffett to move into the number three spot for the first time. Alice Walton, an heir to the Walmart fortune, is the richest woman, ranked No.9 at $54.4 billion.
Facebook founder and CEO Mark Zuckerberg is at number with his Facebook, Instagram, WhatsApp brands that have helped to keep him at the top.
The biggest gainer in dollar terms is Qin Yinglin, the world’s richest pig breeder. He’s ranked No. 43 and is worth $18.5 billion–a $14.2 billion jump since the 2019 list, after shares of his Shenzhen-listed Muyuan Foods nearly tripled as the African swine flu reduced the supply of pigs and drove up prices.
Forbes found 178 newcomers hailing from 20 countries, including some, like Zoom Video Communications’ founder and CEO Eric Yuan, whose service is booming during the Coronavirus pandemic where businesses and people are managing to have meetings virtually.
Software developer is 6th Google’s dynamic duo Larry Page and Sergey Brin come in at 8th and 10th respectively in the World richest list. While media mogul Michael Bloomberg is at 11th.
The U.S. remains the country with the most billionaires, with 614, followed by greater China (including Hong Kong and Macao), with 456.
Author: Moses Echodu
Moses is a freelance writer for Newslibre and Programs Manager at the Craft Silicon Foundation. He loves writing about sports, politics and news around the globe and Inspiring new young people!!