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giftedviz.com March 23, 2017


Donald Trump drops on the Forbes Billionaires List

21 March 2017, 01:41 | Marion Schneider

Two Limerick lads featured on the list for the first time as the Collison brothers make up two of four salf-made billionaires in their 20's.

Bill Gates is the richest person in tech.

According to Forbes, the change in the total number of billionaires - up 233 since last year - was the biggest increase in 31 years.

The Forbes list also revealed that the number of people with assets of more than 1 billion dollars jumped 13% from a year earlier to a record 2,043, largely helped by strong stock prices.

Jim Goodnight and John Sall, the co-founder billionaires of SAS software in Cary, are much wealthier men in 2017 than a year ago, according to the latest list of the world's richest from Forbes.

The younger Ambani sibling "orchestrated the merger of his Reliance Communication's telecom business with that of rival Aircel, controlled by Malaysian billionaire Ananda Krishnan".

Bill Gates again world's richest man; Trump slips
The number of people with ten-figure fortunes now stands at 2,043, which is 233 more than previous year . According to Forbes' report, there are more billionaires worldwide this year than there was last year.


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Forbes said Rinehart's spot jumped from 127 in 2016 to the 69th in 2017, making her the only Australian in the top 100.

Forbes estimates that Trump is now worth about $3.5 billion.

The Trump administration's budget message said it was time "to prioritize the security and well-being of Americans" and "ask the rest of the world to step up and pay its fair share". He was in the sixth position a year ago. Jones ranked No. 11 in Texas, with a $5.2 billion net worth. This is a slight drop from the 2016 list where Trump's fortune was listed at $3.7 billion.

Smita Crishna-Godrej from the Godrej clan is ranked 814th followed by Biocon founder Kiran Mazumdar-Shaw (973) and Leena Tewari (1030), chair of USV India which specialises in diabetic and cardiovascular drugs. With his wealth estimated at $86 million, the Microsoft co-founder is in a league totally of his own. More than $10 billion behind him, in second place, is Warren Buffett, who's worth approximately $75.6 billion. Forbes said about 40 per cent of the president's fortune is linked to Trump Tower and other Trump-owned properties near to it. The chairman emeritus of United Overseas Bank is number 324 on the list, while Mr Kwek comes in at number 745.

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 $27.6 billion increase to his fortune of $72.8 billion.



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