Tuesday, 6 March 2018

eff Bezos unseats Bill Gates on Forbes 2018 richest billionaires list

Move over Bill Gates, Jeff Bezos is officially the richest man in the world. Amazon's CEO seized the top spot onForbes’ 32nd Annual World Billionaires List for the first time on Tuesday.

Centi-billionaire Bezos’ fortune rose to $112 billion, the biggest single-year gain ever, allowing him to dethrone Gates, worth just $90 billion. Gates has been the richest person in the world for 18 of the past 24 years. The Oracle of Omaha, Warren Buffett, took the third spot on the list with a net worth of $84 billion.

President Trump, worth $3.1 billion, ranked No. 766 falling from No. 544 in 2017. Trump’s fortune has fallen $400 million since last year’s list, due in part to falling values of Midtown Manhattan real estate and declining revenues at several Trump golf properties.

Source:  usatoday

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