Bill Gates Regains Title As World’s Richest Person

After getting a new CEO, buying Nokia’s device and service business, and posting better-than-expected earnings the past few months, Microsoft is welcoming another good news, as company chairman Bill Gates has reclaimed his title as the world’s richest person.

‘Slim’ Chance

bill gates

Image courtesy of Mr Ranjkar

Forbes released its annual rankings of the world’s richest people on Monday, March 3, with Bill Gates coming out on top, overtaking telecom mogul Carlos Slim for the first time in four years. Gates’ current net worth is at $76 billion, up from last year’s $67 billion. Slim’s fortune, meanwhile, fell from $73 billion to $72 billion.

Gates has held the No. 1 spot for 15 of the last 20 years.

A Billionaire’s World

Based on the new rankings, the world now has 1,645 billionaires. 172 of them are women and 492 are from the US. About 66 percent of these billionaires started from the ground up, while 13 percent inherited them, and 21 percent have added onto their previous fortunes.

Tech executives comprise a good chunk of the world’s billionaires. Aside from Gates, Oracle’s Larry Ellison, Google’s Larry Page and Sergey Brin, Amazon founder Jeff Bezos, WhatsApp founders Jan Koum and Brian Acton, and Dropbox CEO Drew Houston, among others, also made the list this year.

Forbes also welcomed a record 268 first-time faces to its annual billionaires class, including 42 women, the most ever. The largest contingent comes from the United States (50), followed by China (37), Germany (26), and Brazil (23).