March 23, 2018

Vince McMahon Makes Forbes' List Of Worldwide Billionaires

09 March 2018, 01:24 | Austin Hogan

Savitri Jinda and Kiran Mazumdar Shaw

Indian Women in Forbes Billionaires List Savitri Jindal Kiran Mazumdar Shaw Among Eight Indian Females in 2018 World's Billionaires List

In fact, with a fortune of $112 billion, Jeff is also the first centi-billionaire in the Forbes list.

Mukesh Ambani's net worth has soared to $40.1 billion, making him the richest Indian for the 11th year in a row, while Amazon founder Jeff Bezos toppled Bill Gates as the world's wealthiest person, says Forbes.

Bezos' fortune increased by $39.2 billion in 2017 - the largest up move in anyone's net worth recorded by Forbes previous year - dethroning philanthropist and Microsoft co-founder Bill Gates, whose net worth is calculated at $90 billion, Efe reported.

Forbes broke its world record Thursday with 256 women listed as billionaires, which is the highest amount recorded globally.

The U.S. has the most billionaires (585), followed by mainland China (373).

While Gates has headed the world's richest list 18 times over the last 24 years, the gap between his fortune and that of Bezos is the largest between two first-place moguls since 2001, according to Forbes. He moved up to the 19th global rank.

Donald Trump, who became the first billionaire president in USA history, was ranked 766th on the list, down from 544, with a fortune of $3.1 billion.

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Mukesh Ambani, the energy and petrochemicals magnate, who keeps his standing as the richest Indian, is richer by $16.9 billion in 2018 with assets of $40.1 billion, according to the magazine's list released online on Tuesday. This is up by 18 per cent since previous year.

Alibaba's founder Jack Ma ranked 20th while Donald Trump ranked 766th.

This list highlights the richest people in the world.

The Amazon founder moved ahead of Bill Gates, who is now the second richest person Globally with a fortune of United States dollars 90 billion.

He has been ranked #1374 on the list. As of February 9, Bezos' wealth stood at $112 billion as of February 9, up from about $73 billion a year ago, according to Forbes.

His rise knocks Microsoft founder Bill Gates, whose estimated wealth is US$90bn this year, up from $86bn, into second place.

There are nine others of Indian origin with assets over $2 billion from Australia, Britain, Malaysia, Indonesia, Singapore and the US.

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