The World’s Billionaires

The World's Billionaires

In 2018, there was a record of 2,208 people on the list, that included 259 newcomers mostly from China and the U.S. There were 63 people under 40 and it had a record number of 256 women. The average net worth of the list came in at US$4. 1 billion, up US$350 million from 2017. Jeff Bezos was listed as the top billionaire due to rising Amazon’s stock price.

About The World’s Billionaires in brief

Summary The World's BillionairesIn 2018, there was a record of 2,208 people on the list, that included 259 newcomers mostly from China and the U.S. There were 63 people under 40 and it had a record number of 256 women. The average net worth of the list came in at US$4. 1 billion, up US$350 million from 2017. For the first time, Jeff Bezos was listed as the top billionaire due to rising Amazon’s stock price. In 2017, 500 of the richest people in the world became richer by US$1 trillion, according to a report by Bloomberg News. In the 34th annual Forbes list of the world’s billionaires, the list included 2,095 billionaires with a total net wealth of USD 8 trillion, down 58 members and USD 700 billion from 2019. According to a 2017 Oxfam report, the top eight billionaires own as much combined wealth as \”the poorest half of the human race\”. Royal families and dictators that have their wealth contingent on a position are always excluded from these lists. The rankings are published annually in March, so the net worths listed are snapshots taken at that time. The list was finalized as of 18 March, thus was already partially influenced by the coronavirus pandemic. The U. S. continued to have the billionaires in the list with a record 609, while China dropped to 324. In the aggregate, all billionaires’ wealth of the top richest people on Earth amounted to about 13 percent of the total wealth on Earth. A record 9 trillion was created in 2017, including Hong Kong, Macau and Taiwan; excluding those three when it had three places when it started tracking in 1987.

The total net worth for 2018’s billionaires was US$9. 1 trillion, up from US$7. 67 trillion in 2017. This ranking is an index of the wealthiest documented individuals, excluding and ranking against those with wealth that is not able to be completely ascertained. Family fortunes dispersed over a large number of relatives are included only if those individuals’ holdings are worth more than a billion dollars. However, when a living individual has dispersed his or her wealth to immediate family members, it is included under a single listing provided that individual is still living. The list only shows the top 10 wealthiest billionaires for each year. The aggregate list of 20 billionaires is the 32nd annual Forbes billionaires list, the aggregate of which is the 30th annual list of Forbes 20 richest people. It has been published in March annually by the American business magazine Forbes since 1987. It is published in United States dollars, based on their documented assets and accounting for debt and other factors. It was compiled by a team of over 50 reporters from a variety of countries to track the activity of theWorld’s wealthiest individuals and sometimes groups or families – who share wealth. The top 10 richest people are: Bill Gates, Warren Buffett, Mark Zuckerberg, Eric Schmidt, Warren Buffet, Mark Sutter, and Jack Ma.