A record 2,043 billionaires made Forbes’ 31st annual ranking
of the world’s billionaires, as featured in the March 28, 2017 issue of Forbes
magazine. To view the list, visit www.forbes.com/billionaires.
“Booming stock markets, higher commodities prices and plain
old-fashioned entrepreneurship helped make this a record year in terms
of wealth creation around the globe,” said Luisa Kroll and Kerry
Dolan, Assistant Managing Editors of Wealth at Forbes Media.
Bill Gates remains in the top spot for the fourth year in a row
and has been the richest person in the world for 18 out of the past 23
years. Gates has a fortune of $86 billion, up from $75 billion last
year. Warren Buffett, worth $75.6 billion, up from $60.8 billion
in 2016, reclaimed the No. 2 slot, after a two-year hiatus. The biggest
gainer on the 2017 list is Jeff Bezos (No. 3), whose fortune
increased by $27.6 billion for a total net worth of $72.8 billion. This
is Bezos’ first time in the top three. Spanish clothing retailer Amancio
Ortega (best known for the Zara fashion chain) drops to No. 4,
despite his net worth increasing to $71.3 billion. Rounding out the top
five is Facebook’s Mark Zuckerberg, worth $56 billion.
2,043 billionaires (up from 1,810 in 2016) made the list, with an
average net worth of $3.75 billion.
The change in the total number of billionaires – up 233 since last
year – was the biggest increase in 31 years.
The total combined net worth of this year’s billionaires was $7.67
trillion, up from $6.48 trillion last year.
1,371 members were self-made billionaires. 238 inherited their wealth;
another 434 inherited at least a portion but are still growing it.
How Much is President Trump Worth Now?
Forbes also released today a detailed analysis of how much President
Trump is currently worth. He ranks No. 544 on the list, worth $3.5
billion. Midtown Manhattan real estate is down; therefore, so is Donald
Trump’s fortune. In October 2016, at the time of the release of the 2016
Forbes 400 list of wealthiest Americans, Forbes valued Trump’s net worth
at $3.7 billion.
In the feature package “In
Trump They Trust,” Forbes provides an exclusive
look into the global web of partners who are cashing in on the 45th
president. A previously little-known batch of billionaires and
multimillionaires from around the world suddenly find themselves in an
unprecedented position: How do you cash in on a partnership with the
President of the United States?
Trump Clone – Hary Tanoesoedibjo (on the cover)
shares more than luxury resorts with Donald Trump. The Indonesian
billionaire is laying the groundwork to become president of the
world’s fourth-largest country.
Strongman’s Middleman – Robbie and Jose Antonio are
about to open a Trump Tower in Manila. Jose is also the Philippines’
new trade envoy to America… Coincidence?
Donald of the Desert – Master marketer Hussain Sajwani is
betting he can still sell Trump in Dubai.
President’s Gambling Buddy – Donald Trump famously failed in
Atlantic City, but he’s scored big in Vegas, courtesy of his partner,
billionaire Phil Ruffin – who is taking steps to open a new Trump
In – Trump’s newest building in left-leaning Vancouver, has
been profitable for its Malaysian partners from the get-go. But they
may already regret doing the deal.
of the Subcontinent – Indian luxury real estate is stalled,
but Trump’s partners are cashing in.. slowly.
Key Highlights from Forbes’ 2017 World’s
The total number of women on the list is 227, up from 202 in 2016. A
record 56 of those women are self-made billionaires; an all-time high
of 25% of the world’s women billionaires are self-made, compared to
21% in 2016.
The richest self-made woman is Hong Kong’s Zhou Qunfei, whose Lens
Technology went public in 2015. The U.S. boasts the most women
billionaires on the 2017 list, with 74, followed by Germany with 28
and China with 23 (10 more than a year ago). These numbers include 5
women in the U.S. who have built companies with their husbands (with
whom they are listed), and 1 woman in Germany who shares an inherited
fortune with her brother-in-law.
This year 195 billionaires were new to the list, down from the 198
newcomers in 2016.
China had the most newcomers, adding 76 to the list. 25 newcomers were
from the U.S., 13 from India and 5 from Germany.
Notable newcomers included Vietnam’s first self-made woman
billionaire, Nguyen Thi Phuong Thao, who took her budget airline,
VietJet Air, public in February 2017. Also new to the list is Japan’s
first self-made woman billionaire, Yoshiko Shinohara, who started a
part-time staffing firm from her one-bedroom Tokyo apartment to help
women get into the workforce. She debuts thanks to a 50% surge in the
stock price of her company, Temp Holdings, in the past year.
Other notable newcomers to the list include: Australian Manny Stul,
whose toy company created the popular Shopkins collectibles; American
Yvon Chouinard, the founder of outdoor gear maker Patagonia; and Juan
Francisco Beckmann Vidal of Mexico, who is chairman of tequila maker
- 56 billionaires are under 40 this year, down from 66 in 2016.
Altogether, 78 people dropped out of the rankings, a significant
decrease from 2016’s 221 drop-offs.
Regionally, Asia-Pacific boasted the most billionaires, with 720
billionaires, followed by the United States with 565 and Europe with
By country, the U.S. led with the greatest number of billionaires,
with 565, followed by mainland China with 319, Germany with 114, India
with 101 and Russia with 96. California alone has 140 billionaires,
more than any country besides the U.S. and China.
The United Kingdom has 54 billionaires, versus 50 in 2016; this year
there are 5 U.K. newcomers, including Philip Day, 51-year-old fashion
mogul who runs Edinburgh Woolen Mill.
There are billionaires from 71 countries and territories this year,
compared to 67 last year. Returning to the list are Kuwait, St. Kitts
& Nevis and Macau.
Wealth is stretching to new corners of the world, with one new
country, Slovakia, represented on the list.
The Top 20 billionaires have a combined net worth of $938.4 billion, up
from $826.5 billion in 2016.
|ORIGIN OF WEALTH|
|1||Bill Gates||$86||Up||United States||Microsoft|
|2||Warren Buffett||75.6||Up||United States||Berkshire Hathaway|
|3||Jeff Bezos||72.8||Up||United States||Amazon.com|
|5||Mark Zuckerberg||56||Up||United States|
|6||Carlos Slim Helu & family||54.5||Up||Mexico||telecom|
|7||Larry Ellison||52.2||Up||United States||software|
|8||Charles Koch||48.3||Up||United States||diversified|
|8||David Koch||48.3||Up||United States||diversified|
|10||Michael Bloomberg||47.5||Up||United States||Bloomberg LP|
|11||Bernard Arnault & family||41.5||Up||France||LVMH|
|12||Larry Page||40.7||Up||United States|
|13||Sergey Brin||39.8||Up||United States|
|14||Liliane Bettencourt & family||39.5||Up||France||L’Oreal|
|15||S. Robson Walton||34.1||Up||United States||Wal-Mart|
|16||Jim Walton||34||Up||United States||Wal-Mart|
|17||Alice Walton||33.8||Up||United States||Wal-Mart|
|18||Wang Jianlin||31.3||Up||China||real estate|
|19||Li Ka-shing||31.2||Up||Hong Kong||diversified|
|20||Sheldon Adelson||30.4||Up||United States||casinos|
Forbes’ World’s Billionaires list is a snapshot of wealth taken
on February 17, 2017, when stock prices and exchange rates were locked
in from around the world. The list features individuals rather than
multigenerational families who share large fortunes. In some cases,
siblings and couples are listed together if the ownership breakdown
among them isn’t clear; however, they still must be worth on average a
minimum of $1 billion apiece to make the cut.
For the full list, videos and more, visit www.forbes.com/billionaires.