Bill Gates, at $76B, regains title as world’s richest person

Windsor Genova – Fourth Estate Cooperative Contributor

New York, NY, United States (4E) – Microsoft founder Bill Gates regained his title as the world’s richest person when the Forbes magazine’s billionaires list released on Monday estimated his current fortune at P76 billion.

Gates earned $9 billion from Microsoft shares last year, according to the U.S. business magazine, to top the list and end Mexican media mogul Carlos Slim Helu’s four-year reign as the world’s richest person. Slim dropped to second place with a net worth of P72 billion.

Still at third spot is Spain’s retailing mogul and Zara fashion chain owner Amancio Ortega with a $64 billion wealth followed by Warren Buffett, CEO and chairman of U.S. conglomerate Berkshire Hathaway, with $58.2 billion.

Americans led the Forbes list of 1,645 billionaires holding $6.4 trillion with 492, way more than China’s 152 and Russia’s 111. The Americans include gambling tycoon Sheldon Adelson, Facebook co-founder Mark Zuckerberg and fashion designer Michael Kors.

The list has 268 new billionaires, including Facebook Chief Operating Officer Sheryl Sandberg, Facebook vice president Jeff Rothschild, WhatsApp founders Jan Koum and Brian Acton, Dropbox CEO Drew Houston, Workday co-founder Aneel Bhusri, and World Wrestling Entertainment CEO Vince McMahon.

A total 172 in the list are women, 42 of whom are new billionaires. They include Oprah Winfrey, Spanx’s Sara Blakely and fashion designer Tory Burch.

Forbes calculated the worth of each billionaire in the list based on their assets, including stakes in public and private companies, real estate, yachts, art and cash.

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