Latest News – lJeff Bezos tops Forbes’ billionaires list; Donald Trump’s rank drops
What is happening in our world? Who is doing what? what is going on now? These are questions that will be answered. Enjoy.
Jeff Bezos tops Forbes’ billionaires list; Donald Trump’s rank drops
Bezos, with $112 billion, is the first to top $100 billion on the “World’s Billionaires” list. He also made the list’s biggest annual gain, reporting $39 billion more than last year. He owns Amazon, which he founded in a garage in Seattle in 1994.
Meanwhile, Trump, who became the first billionaire president in history last year, dropped to No. 766 on the list, with a $3.1 billion net worth. That’s a $400,000 drop from his worth in 2017 when he was ranked No. 544.
Microsoft founder Bill Gates dropped to No. 2 with $90 billion. He had been in the top spot for four previous years. No. 3 is investor Warren Buffet, with $84 billion. Bernard Arnault, who oversees 70 brands, including Louis Vuitton and Sephora, and Facebook CEO Mark Zuckerberg made the top 5.
Overall, the list hit a record 2,208 billionaires from 72 countries and territories, including Hungary and Zimbabwe for the first time.
Their collective worth is $9.1 trillion, an 18 percent increase from last year.