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Bill Gates back on top of Forbes’ billionaire rankings

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Bill Gates, co-founder of Microsoft, is back on top of the world.

Forbes magazine announced Monday its global list of billionaires and Gates, who has been No. 1 for 15 out of 20 years, took the top spot and replaced Mexico telecommunications juggernaut Carlos Slim Helu, who has was in first place for four years.

According to the rankings, Gates’s fortune is pegged at $76 billion, while Slim Helu’s net worth is recorded as $72 billion. Spanish clothing magnate Amancio Ortega, known for the Zara retail chain is back in third place.

Furthermore, 100 people dropped out of the listings and another 16 passed away.

The United States maintained the greatest number of billionaires, followed by China (152) and Russia (111). Four new nations made the fold: Algeria, Lithuania, Tanzania and Uganda.

Forbes noted that a record number of 1,645 billionaires made the list this year, up from 1,426 billionaires a year ago. The average net worth was $4.7 billion, also up from last year’s incredible $4.2 billion.



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