Forbes' 96th-richest Robert Kuok is oldest billionaire in top 100 list

Randolph Lopez
March 7, 2018

The combined wealth of the world's billionaires stands at $9.1 trillion, up 18% from a year ago, while the average net worth is also a record $4.1 billion.

Bill Gates, Microsoft's co-founder and an occasional bridge partner of Buffett's, ranks second on the Forbes list with wealth of $90 billion.

Amazon CEO Jeff Bezos has become the first $100 billion mogul to top Forbes' annual rankings of the world's richest people.

Mr Bezos has seen his fortune swell over 12 months in which Amazon's share value has almost doubled.

The 77-year-old founder of the global German Lidl discount supermarket chain is worth 37 billion euros ($44.2 billion), according to Bilanz magazine - the richest German ever.

Bezos, with $112 billion, is the first to top $100 billion on the "World's Billionaires" list.

Modi, who had featured in Forbes' 2017 rich list with a fortune of US$ 1.8 billion, could not make the cut in this year's rankings.

John Kelly defiant about handling of Porter abuse scandal
Anyway, I got back here. "And it was a shock for me, certainly, because I thought the information that came over was in November". In some instances, Kelly even directly contradicted some of the White House's public statements delivered last month.

BJP's victory in northeast endorses Modi's leadership, says Amit Shah
Ipsita Chakravarty reported on the infighting within the incumbent NPF and how the BJP managed to build a presence in the state. There is a lesson to be learned from this for other political parties, especially the BJP.

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In it, she rejected as "unacceptable" proposals from Brussels to keep customs union arrangements in Northern Ireland . He said it would be anxious about protecting the integrity of the single market.

Two Chinese billionaires rose to be among the 20 richest people in the world.

Forbes associate editor Dan Alexander told ABC News that Trump has been included on Forbes lists, which include a billionaires list and the Forbes 400 - which itemizes the 400 wealthiest Americans - since 1982.

The surge in social network's stock price increased the net worth of Facebook CEO Mark Zuckerberg. The combined net worth of this elite group is a whopping $9.1 trillion, up 18 per cent since a year ago.

Carlos Slim Helu - Helu takes the seventh spot on this list with a net worth of $67.1 billion thanks to his work in telecommunications.

He's now worth an estimated $112 billion, up $39.2 billion from 2017.

According to Forbes" 2018 "World's Billionaires' list, Reliance Industries Chairman Mukesh Ambani's wealth surged a whopping 72.84 per cent to $40.1 billion (Rs 2,60,622 crore) - highest among the 119 Indian billionaires on the list. The United States had a record 585 billionaires, followed by mainland China with 373.

In and out: Of the 259 new billionaires to enter the list, some were among the world's first cryptocurrency billionaires.

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