News Worms
News Worms

Bezos tops Forbes world's richest list

Bezos tops Forbes world's richest list

"This elite group is worth $9.1-trillion, up 18% since a year ago".

In some cases siblings and couples are listed together if the ownership breakdown among them isn't clear, however they still must be worth on average a minimum of US$1 billion apiece to make the cut.

The youngest person on the list is Norwegian 21-year-old Alexandra Andresen, worth $1.47 billion, whose father owns investment company Ferd.

Azim Premji is the second richest Indian and was ranked 58th on the overall list with a net worth of $18.8 billion, followed by Lakshmi Mittal (62nd position, net worth of $18.5 billion), Shiv Nadar (98th, $14.6 billion) and Dilip Shanghvi (115th, $12.8 billion).

In 2017, Gates ranked first globally with $86 billion, Buffet second with $75.6 billion and Bezos third with $72.8 billion.

Despite owning only 16 percent of "the everything store", which he built from scratch out of a garage in Seattle, Bezos can now call himself the richest person in the history of the planet.

Bezos has used a sliver of his wealth to buy The Washington Post - a target in Trump's fusillades against the media - and to finance Blue Origin, a maker of rockets that aim to sell flights into space. She was ranked 18th on the global list. The world may never know - valued Donald J. Trump at roughly $3.5 billion at the end of calendar year 2016, at the time he took office as President of the United States of America.

Silver ranking was won by Microsoft co-founder bill gates and his $ 90 billion.

As Chairman and CEO of French luxury colossus Moët Hennessey Louis Vuitton - which owns brands such as Christian Dior, Marc Jacobs and TAG Heuer - Arnault is a newcomer to the top-five stratosphere.

Mr Bezos' fortune has leapt to $112bn from an estimated US$39.2bn past year. It features work from Norman Rockwell, Andy Warhol and Mark Rothko.

Still a teenager when he founded Facebook in 2004, Zuckerberg has since seen his dorm-room project grow into the biggest social network in the world, with over a quarter of the world's population actively using it each month. This means, on paper at least, he has a startlingly low net worth in the negative billions of dollars.


editors' picks

March 08, 2018
Cynthia Nixon assembling staff ahead of possible run for NY governor
Cuomo has already announced he will seek a third term in November and is a potential 2020 presidential candidate. In August 2017, Nixon joined the Today show and declared, "There are a lot of people who would like me to run".

March 08, 2018
Fights Erupt, 12 Arrested Ahead Of White Nationalist's Speech In Michigan
Against the backdrop of drumming and chanting, one protester was asked about being arrested as she was led to a police van. To prep for any problems, the captain said campus police received "mutual aid" from other law enforcement agencies in MI .

March 08, 2018
Papa John's spokesman Peyton Manning sells his 31 Papa John's franchises
Manning will still be Papa John's celebrity spokesperson as part of a long-term agreement, the report says. His stake was a joint venture with Papa Johns International, the paper reported .

March 08, 2018
Meghalaya elections: Ahead of swearing-in ceremony, 1 ally ditches Conrad Sangma
After a year of President's Rule imposed in the state, the Congress cobbled up an alliance to form the government in 2010. Meghalaya Governor Ganga Prasad earlier today conferred the oath of office to Sangma and his 11 member cabinet.

March 08, 2018
Missouri's Michael Porter Jr. will play Thursday in SEC tourney opener
Missouri basketball coach Cuonzo Martin has confirmed that freshman Michael Porter Jr . will play in the SEC Tournament. Missouri plays the victor of the Georgia and Vanderbilt Thursday at the SEC Tournament in St.

March 08, 2018
Giants acquire linebacker Alec Ogletree in trade with Rams, report says
Ogletree also infuses speed to a Giants defense that struggled badly last season. The Rams will receive a 4th and 6th round pick in return for Ogletree, 26.

March 08, 2018
Microsoft wants to help developers bring their AI models to the desktop
Chrome OS and Chromebooks proved popular in the education market, both because of the comparatively low price and ease of use. It is worth pointing out here that Windows 10 S machines already have the option to switch to a full Windows 10 version.

March 08, 2018
Sade returns with song for A Wrinkle in Time
Sharing the track at midnight last night via Twitter , DuVernay said: "A late-night treat for all you " Flowers of the Universe ". The song's producer, No I.D, unveiled the song online with the message: "A legend".

March 08, 2018
Polls open in Sierra Leone to elect successor to President Bai Koroma
Voter freebies and funding for campaign materials could "potentially influence the voting public" in the APC's favour, it added. But it is the first the government is presiding over without total support from the global community.

March 07, 2018
SpaceX launches Falcon 9 for the 50th time
Hispasat 30W-6 is the largest satellite SpaceX has flown on a Falcon 9 to date , CEO Elon Musk tweeted the day before the launch. In that duration, the Falcon 9 placed the Spanish satellite in GTO at an altitude of around 37,000 km above the Earth.