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Not A Good Year To Be Tycoon

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THEME:   LIFE STYLE, NATION, WORLD

By SisiBroad | March 1, 2016 10:46 pm

Republican front runner Donald Trump is only #324 in the list of world tycoons. So far he’s had to spend only $18 million of his $4.5 billion fortune on his campaign (as of now his campaign has raised just $25 million – peanuts compare to Hillary Clinton’s $188 million).

 Bill Gates has been named the richest man in the world. It’s been the third year in a row, although the Microsoft founder’s fortune also dived from $79.2 billion to $75 billion.

Not A Good Year To Be WealthyMore than $70 billion has been wiped off the wealth of the world’s 20 richest people following a slump on global financial markets, according to the annual ranking.

The biggest loser was Carlos Slim, the Mexican telecoms tycoon, who his fortune drop from $77.1 billion to $50 billion in just one year.

The combined wealth of the top 20 has fallen from $899 billion last year to $827 billion.

The list continues to be dominated by men. Out of 1,810 billionaires, just 190 are women, a fall from 197 in 2015.

Overall, Forbes Magazine, which has ranked the world’s richest for the 30th year, found 1,810 billionaires globally, down from a record 1,826 a year ago. The publication estimated their combined net worth at $6.48 trillion, $570 billion less than last year.

The Forbes’ top 20

 

RANK NAME NET WORTH UP/DOWN FROM 2015 ORIGIN OF WEALTH COUNTRY (by citizenship)
1 Bill Gates $75 bil Down Microsoft U.S.
2 Amancio Ortega $67 bil Up Retail Spain
3 Warren Buffett $60.8 bil Down Berkshire Hathaway U.S.
4 Carlos Slim Helú & family $50 bil Down Telecom Mexico
5 Jeff Bezos $45.2 bil Up Amazon.com U.S.
6 Mark Zuckerberg $44.6 bil Up Facebook U.S.
7 Larry Ellison $43.6 bil Down Oracle U.S.
8 Michael Bloomberg $40 bil Up Bloomberg LP U.S.
9 Charles Koch $39.6 bil Down Diversified U.S.
9 David Koch $39.6 bil Down Diversified U.S.
11 Liliane Bettencourt $36.1 bil Down L’Oréal France
12 Larry Page $35.2 bil Up Google U.S.
13 Sergey Brin $34.4 bil Up Google U.S.
14 Bernard Arnault $34 bil Down LVMH France
15 Jim Walton $33.6 bil Down Wal-Mart U.S.
16 Alice Walton $32.3 bil Down Wal-Mart U.S.
17 S. Robson Walton $31.9 bil Down Wal-Mart U.S.
18 Wang Jianlin $28.7 bil Up Real Estate China
19 Jorge Paulo Lemann $27.8 bil Up Food & Beverage Brazil
20 Li Ka-shing $27.1 bil Down Diversified Hong Kong

 

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