This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.bbc.co.uk/news/business-39332823
The article has changed 2 times. There is an RSS feed of changes available.
Previous version
1
Next version
Version 0 | Version 1 |
---|---|
Bill Gates tops Forbes' rich list but Trump's wealth slips | Bill Gates tops Forbes' rich list but Trump's wealth slips |
(35 minutes later) | |
Microsoft founder Bill Gates again tops Forbes' list of the world's richest people, in a year when the number of billionaires rose 13% to 2,043. | Microsoft founder Bill Gates again tops Forbes' list of the world's richest people, in a year when the number of billionaires rose 13% to 2,043. |
According to the magazine's annual rich list, Mr Gates' fortune rose to $86bn, from $75bn, followed by investor Warren Buffett, up $14.8bn to $75.6bn. | |
It was bad news for US President Donald Trump, who slipped 220 spots to 544 and must now rub along on just $3.5bn. | It was bad news for US President Donald Trump, who slipped 220 spots to 544 and must now rub along on just $3.5bn. |
Forbes said the $1bn fall in his wealth was due to the slow US property market. | Forbes said the $1bn fall in his wealth was due to the slow US property market. |
There were 183 tech billionaires on the Forbes list, with a combined $1tn in wealth. The list is dominated by US billionaires. | There were 183 tech billionaires on the Forbes list, with a combined $1tn in wealth. The list is dominated by US billionaires. |
Others in the top 10 included Amazon founder Jeff Bezos, who moved up to number three with the biggest gain of any person on the planet, a $27.6bn rise in his fortune of $72.8bn. | Others in the top 10 included Amazon founder Jeff Bezos, who moved up to number three with the biggest gain of any person on the planet, a $27.6bn rise in his fortune of $72.8bn. |
Facebook founder Mark Zuckerberg was number five and Oracle co-founder Larry Ellison was number seven. | Facebook founder Mark Zuckerberg was number five and Oracle co-founder Larry Ellison was number seven. |
The global population of billionaires, now put at a record 2,043, marks the biggest annual increase in the 31 years since the magazine began compiling the list. | The global population of billionaires, now put at a record 2,043, marks the biggest annual increase in the 31 years since the magazine began compiling the list. |
The number of US billionaires on the list was 565, which Forbes attributed to the recent stock market surge since Mr Trump's November 2016 election. | The number of US billionaires on the list was 565, which Forbes attributed to the recent stock market surge since Mr Trump's November 2016 election. |
China was second with 319 billionaires, and Germany was third with 114. | China was second with 319 billionaires, and Germany was third with 114. |
Forbes' top ten: | Forbes' top ten: |
The number of women on the list rose to 227 from 202, giving them a collective net worth of $852.8bn. For the second year running France's Liliane Bettencourt, the L'Oreal cosmetics heiress, was the world's wealthiest woman with a $39.5bn net worth. | The number of women on the list rose to 227 from 202, giving them a collective net worth of $852.8bn. For the second year running France's Liliane Bettencourt, the L'Oreal cosmetics heiress, was the world's wealthiest woman with a $39.5bn net worth. |
Most of the richest women inherited their fortune, Forbes said. But the list also contained 15 new "self-made" women, mostly from Asian countries, including Vietnam's Nguyen Thi Phuong Thao of budget airline VietJet air. | Most of the richest women inherited their fortune, Forbes said. But the list also contained 15 new "self-made" women, mostly from Asian countries, including Vietnam's Nguyen Thi Phuong Thao of budget airline VietJet air. |
Trump's tumble | Trump's tumble |
Forbes attributed the US president's slide down the list to the sluggish Manhattan property market, which is responsible for a disproportionate amount of his wealth. | Forbes attributed the US president's slide down the list to the sluggish Manhattan property market, which is responsible for a disproportionate amount of his wealth. |
"Forty percent of Donald Trump's fortune is tied up in Trump Tower and eight buildings within one mile of it," Forbes said. "Lately, the neighbourhood has been struggling - relatively speaking." | "Forty percent of Donald Trump's fortune is tied up in Trump Tower and eight buildings within one mile of it," Forbes said. "Lately, the neighbourhood has been struggling - relatively speaking." |
The magazine also said that his wealth was hit by $66m in political spending on his successful presidential campaign, as well as $25m to settle litigation he allegedly ripped off students at Trump University. | The magazine also said that his wealth was hit by $66m in political spending on his successful presidential campaign, as well as $25m to settle litigation he allegedly ripped off students at Trump University. |
Mr Trump would also have missed the big Wall Street rally following his election, assuming he sold off all of his shares during last year's campaign, the magazine said. | |
But not all of the trends were negative for Mr Trump. | But not all of the trends were negative for Mr Trump. |
The magazine estimated the worth of the Mar-a-Lago resort in Florida rose $25m due to post-election exposure. | |
Forbes list facts: |
Previous version
1
Next version