News

Bill Gates is again world’s richest man

Bill Gates is again world’s richest man

ROLLING IN THE DOUGH: Need a loan? Bill Gates might be able to help you out. Photo: Reuters

By Jonathan Stempel

(Reuters) – Bill Gates has returned to the top of Forbes magazine’s annual list of the world’s richest people, as rising stock markets swelled the ranks of billionaires, which included a record number of women.

With a net worth of $76 billion, the Microsoft Corp co-founder reclaimed the top spot after a four-year hiatus, toppling Mexico’s telecommunications mogul Carlos Slim Helu, who placed second at $72 billion, Forbes said in announcing the list on Monday.

Amancio Ortega, the Spanish founder of clothing conglomerate Inditex SA, which includes the Zara fashion chain, ranked third at $64 billion.

Investing icon Warren Buffett, who runs Berkshire Hathaway Inc and is a frequent bridge partner for Gates, was fourth at $58.2 billion. Oracle Corp chief Larry Ellison came in fifth at $48 billion.

Gates has topped the list in 15 of the last 20 years.

A record 1,645 billionaires with a total net worth of $6.4 trillion made Forbes’ list, up from 1,426 last year.

Just over 10 percent were female, with 172 women compared with 138 a year earlier.

Wal-Mart Stores Inc heiress Christy Walton was the highest-ranking woman, in ninth place, at $36.7 billion. France’s Liliane Bettencourt, who got much of her wealth from cosmetics company L’Oreal SA, was next among women at $34.5 billion, and ranked 11th overall.

The Internet was well-represented. Google Inc founders Larry Page and Sergey Brin ranked 17th and 19th, worth a respective $32.3 billion and $31.8 billion, while Amazon.com Inc’s Jeff Bezos was between them at $32 billion.

Facebook Inc founder Mark Zuckerberg, 29, more than doubled his net worth to $28.5 billion, and ranked 21st.

Former New York City Mayor Michael Bloomberg, who left office two months ago, was 16th at $33 billion, built mainly through his eponymous media company.

Forbes said the year’s biggest loser was Brazilian tycoon Eike Batista, whose net worth fell below $300 million from $10.6 billion as his oil and natural resources empire collapsed amid too much debt and falling output.

Roughly two-thirds of the world’s billionaires, or 1,080, were self-made. The United States had the most billionaires, with 492, followed by China at 152 and Russia at 111. Algeria, Lithuania, Tanzania and Uganda joined the list with one each.

(Reporting by Jonathan Stempel in New York; Editing by Barbara Goldberg and Jan Paschal)

Latest Headlines

in Local

Maine Panel Rejects Bill to Repeal Clean Election Law

WGAN-100x100

AUGUSTA, Maine (AP) _ A Maine legislative committee has rejected a proposal to ask voters whether they want to repeal…

in Local

Committee Narrowly Rejects Maine Right-to-Work Bill

WGAN-100x100

AUGUSTA, Maine (AP) _ A legislative committee has rejected a bill that would prohibit Maine employers from requiring employees to…

in Local

ME Considers Deer Permit Cut After Tough Winter

GENERIC DEER

AUGUSTA, Maine (AP) _ Maine wildlife regulators are recommending a cut of 23 percent to Maine’s deer hunting permits after…

in Local

Maine House OKs Bill to Restore Energy Efficiency Funds

WGAN-100x100

AUGUSTA, Maine (AP) _ The Maine House of Representatives has overwhelmingly approved a bill that would prevent the loss of…

in Local

2 People Missing on Saco River Are Located

KAYAKS

BIDDEFORD, Maine (AP) _ The Coast Guard says two Maine kayakers reported missing have been located on shore. The Coast…

Tweets

  • 3h
  • 4h
  • 5h
  • 6h
  • 6h
  • 7h
  • 8h