Amazon founder, Jeff Bezos tops Forbes billionaire list for the 4th year in a row
Forbes’ annual world’s billionaires list includes a record-breaking 2,755 billionaires,
with Amazon.com Inc founder Jeff Bezos topping it for the fourth consecutive year,
the media company said on Tuesday.
The 57-year-old’s worth increased to $177 billion, up to $64 billion from a year ago
as a result of a spike in Amazon shares, the media company said on Tuesday, April 6.
Read Also: Just In: Jeff Bezos stepping down as Amazon CEO
Tesla CEO, Elon Musk was the biggest gainer as he rocketed to the second spot with
a $151 billion fortune, a whopping $126.4 billion gain a year ago when he ranked
No. 31 and was worth $24.6 billion.
This year’s billionaires are worth a combined $13.1 trillion, up from $8 trillion last year,
Forbes said.
“The very, very rich got very, very richer,” said Forbes’ Chief Content Officer Randall Lane,
in an interview with Reuters Video News.
Tesla Chief Executive Elon Musk jumped into second spot on the list, up from 31st
last year.
Bernard Arnault, chief executive of luxury goods firm LVMH, Microsoft founder
Bill Gates and Facebook Chief Executive Mark Zuckerberg round out the top five of the
world’s richest billionaires.
Investor and business tycoon Warren Buffett fell out of the top five for the first time in
over two decades, as tech executives dominate the Forbes rankings.
With an estimated net worth of $84.5 billion, Reliance Industries chairman Mukesh
Ambani, Asia’s richest man, is ranked at number 10.
He surged ahead of Jack Ma of China, Asia’s richest person a year ago, whose rank
dropped to 26 despite a near $10-billion jump in his fortune at $48.4 billion.
Gautam Adani is the second richest Indian on the Forbes list.
Forbes used stock prices and exchange rates from March 5 to calculate net worths.
This year’s list has 493 newcomers, including Whitney Wolfe Herd, chief executive
of dating app Bumble, which went public this year.
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