The World's Billionaires Explained

Italic Title:yes
The World's Billionaires
Headerstyle:background:#ccf;
Header1:Publication details
Label2:Publisher
Label3:Publication
Data3:Forbes
Label4:First published
Data4:March 1987
Label5:Latest publication
Header6:Current list details (2024)[1]
Label7:Wealthiest
Label8:Net worth (1st)
Data8: 233 billion
Label9:Number of billionaires
Data9: 2,781 (from 2640)
Label10:Total list net worth value
Data10:  (from US$12.2 trillion)
Label11:Average net worth
Data11:  -->
Label12:Number of women
Data12: 383
Label13:Number of men
Data13: 2398
Belowstyle:background:#ddf;
Below:Forbes: The World's Billionaires website
Label14:New members to the list
Data14: 141

The World's Billionaires is an annual ranking of people who are billionaires, i.e., they are considered to have a net worth of US$1 billion or more, by the American business magazine Forbes. The list was first published in March 1987. The total net worth of each individual on the list is estimated and is cited in United States dollars, based on their documented assets and accounting for debt and other factors. Royalty and dictators whose wealth comes from their positions are excluded from these lists. This ranking is an index of the wealthiest documented individuals, excluding any ranking of those with wealth that is not able to be completely ascertained.[2]

In 2018, Amazon founder Jeff Bezos was ranked at the top for the first time and became the first centibillionaire included in the ranking,[3] surpassing Microsoft founder Bill Gates, who had topped the list 18 of the previous 24 years. In 2022, after topping the list for four years, Bezos was surpassed by Elon Musk. In 2023, Musk was in turn surpassed by French businessman Bernard Arnault, after topping the list for just a year. Arnault became the first French person to top the list.

Methodology

Each year, Forbes employs a team of over 50 reporters from a variety of countries to track the activity of the world's wealthiest individuals and sometimes groups or families – who share wealth. Preliminary surveys are sent to those who may qualify for the list. According to Forbes, they received three types of responses – some people try to inflate their wealth, others cooperate but leave out details, and some refuse to answer any questions. Business deals are then scrutinized and estimates of valuable assets – land, homes, vehicles, artwork, etc. – are made. Interviews are conducted to vet the figures and improve the estimate of an individual's holdings. Finally, positions in a publicly traded stock are priced to market on a date roughly a month before publication. Privately held companies are priced by the prevailing price-to-sales or price-to-earnings ratios. Known debt is subtracted from assets to get a final estimate of an individual's estimated worth in United States dollars. Since stock prices fluctuate rapidly, an individual's true wealth and ranking at the time of publication may vary from their situation when the list was compiled.[4]

When a living individual has dispersed his or her wealth to immediate family members it is included under a single listing (as a single "family fortune") provided that individual (the grantor) is still living. However, if a deceased billionaire's fortune has been dispersed, it will not appear as a single listing, and each recipient will only appear if his or her own total net worth is over a $1 billion (his or her net worth will not be combined with family members'). Royal families and dictators that have their wealth contingent on a position are always excluded from these lists.[5]

Annual rankings

The rankings are published annually in March, so the net worths listed are snapshots taken at that time. These lists only show the top 10 wealthiest billionaires for each year.

Legend

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Has not changed from the previous ranking.
Has increased from the previous ranking.
Has decreased from the previous ranking.

2024

The 38th annual Forbes list of the world's billionaires found a record 2,781 billionaires with a total net wealth of $14.2 trillion. This is an increase of 141 members and $2 trillion from 2023, which held the previous record for the highest net worth gain on the list, surpassing the $900 billion record set in 2022. Two-thirds of the list members are wealthier compared to the previous year, including Mark Zuckerberg, whose net worth increased by $112.6 billion.

No.NameNet worth (USD)AgePrimary source(s) of wealth
& family$233 billion 75LVMH
$195 billion 52

Tesla, SpaceX, Twitter (Currently X)
$194 billion 60Amazon
$177 billion 39Meta Platforms
$141 billion 79Oracle Corporation
$133 billion 93Berkshire Hathaway
$128 billion 68Microsoft
$121 billion 68Microsoft
$116 billion 65Reliance Industries
$114 billion 51Google

2023

In the 37th annual Forbes list of the world's billionaires, the list included 2,640 billionaires with a total net wealth of $12.2 trillion, down 28 members and $500 billion from 2022. Over half of the list is less wealthy compared to the previous year, including Elon Musk, who fell from No. 1 to No. 2.[6] The list also marks for the first time a French citizen was in the top position as well as a non-American for the first time since 2013 when the Mexican Carlos Slim Helu was the world's richest person. The list, like in 2022, counted 15 under 30 billionaires with the richest of them being Red Bull heir Mark Mateschitz with a net worth of $34.7 billion. The youngest of the lot were Clemente Del Vecchio, heir to the Luxottica fortune shared with his six siblings and stepmother, and Kim Jung-yang, whose fortune lies in Japanese-South Korean gaming giant Nexon, both under-20s.[7]

No.NameNet worth (USD)AgePrimary source(s) of wealth
& family$211 billion 74LVMH
$180 billion 51

Tesla, SpaceX, Twitter (Currently X)
$114 billion 59Amazon
$107 billion 78Oracle Corporation
$106 billion 92Berkshire Hathaway
$104 billion 67Microsoft
$94.5 billion 81Bloomberg L.P.
& family$93 billion 83Telmex, América Móvil, Grupo Carso
$83.4 billion 66Reliance Industries
$80.7 billion 67Microsoft

2022

In the 36th annual Forbes list of the world's billionaires, the list included 2,668 billionaires with a total net wealth of $12.7 trillion, down 97 members from 2021.[8]

No.NameNet worth (USD)AgePrimary source(s) of wealth
$219 billion 50

Tesla, SpaceX
$177 billion 58
& family$158 billion 73LVMH
$129 billion 66Microsoft
$118 billion 91Berkshire Hathaway
$111 billion 49Google
$107 billion 48Google
$106 billion 77Oracle Corporation
$91.4 billion 66Microsoft
$90.7 billion 64Reliance Industries

2021

In the 35th annual Forbes list of the world's billionaires, the list included 2,755 billionaires with a total net wealth of $13.1 trillion, up 660 members from 2020; 86% of these billionaires had more wealth than they possessed last year.[9] [10]

No.NameNet worth (USD)AgeSource(s) of wealth
$177 billion 57
$151 billion 49

Tesla, SpaceX
& family$150 billion 72LVMH
$124 billion 65Microsoft
$97 billion 36Meta Platforms
$96 billion 90Berkshire Hathaway
$93 billion 76Oracle Corporation
$91.5 billion 48Google
$89 billion 47Google
$84.5 billion 63Reliance Industries

2020

In the 34th annual Forbes list of the world's billionaires, the list included 2,095 billionaires with a total net wealth of $8 trillion, down 58 members and $700 billion from 2019; 51% of these billionaires had less wealth than they possessed last year.[11] The list was finalized as of 18 March, thus was already partially influenced by the COVID-19 pandemic.

No.NameNet worth (USD)AgeSource(s) of wealth
$113 billion 56
$98 billion 64Microsoft
& family$76 billion 71LVMH
$67.5 billion 89Berkshire Hathaway
$59 billion 75Oracle Corporation
$55.1 billion 84Inditex, Zara
$54.7 billion 35Facebook, Inc.
$54.6 billion  71Walmart
$54.4 billion  70Walmart
S. Robson Walton$54.1 billion  77Walmart

2019

In the 33rd annual Forbes list of the world's billionaires, the list included 2,153 billionaires with a total net wealth of $8.7 trillion, down 55 members and $400 billion from 2018.[12] The U.S. continued to have the most billionaires in the world, with a record of 609, while China dropped to 324 (when not including Hong Kong, Macau and Taiwan).[12]

No.NameNet worth (USD)AgeSource(s) of wealth
$131 billion 55
$96.5 billion 63Microsoft
$82.5 billion 88Berkshire Hathaway
$76 billion 70 FranceLVMH
$64 billion 79
$62.7 billion 82Inditex, Zara
$62.5 billion 74Oracle Corporation
$62.3 billion 34Facebook, Inc.
$55.5 billion 77Bloomberg L.P.
$50.8 billion 45Google

2018

In the 32nd annual Forbes list of the world's billionaires, the aggregate wealth of the top 20 richest people on Earth amounted to about 13 percent of all billionaires' fortunes combined.[13] A record of 2,208 billionaires were in the ranking and the total wealth was $9.1 trillion, up 18% since 2017. For the first time, Jeff Bezos was listed as the top billionaire due to Amazon's rising stock price that resulted in one person's biggest one-year gain in wealth ($35 billion) since Forbes started tracking in 1987.[13] The U.S. had the most billionaires in the world, with 585, while China was catching up with 476 when including Hong Kong, Macau and Taiwan; it had 372 when excluding those three places.[13] Forbes excluded Al-Walid bin Talal and all other Saudi billionaires due to the absence of accurate wealth estimations as a result of the 2017–19 Saudi Arabian purge.[14]

No.NameNet worth (USD)AgeSource(s) of wealth
$112 billion 54
$90 billion 62Microsoft
$84 billion 87Berkshire Hathaway
$72 billion 69 FranceLVMH
$71 billion 33Facebook, Inc.
$70 billion 81Inditex, Zara
$67.1 billion 78
$60 billion 82Koch Industries
$60 billion 77Koch Industries
$58.5 billion 73Oracle Corporation

2017

On the 30th anniversary of the Forbes list of the world's billionaires, for the fourth year in a row, Bill Gates was named the richest man in the world.[3] In 2017, there was a record of 2,043 people on the list, which is the first time over 2,000 people were listed. This included 195 newcomers of whom 76 were from China and 25 from the U.S.; there were 56 people under 40 and it had a record of 227 women.[15] The number of billionaires increased 13% to 2,043 from 1,810 in 2016; this was the biggest change in over 30 years of tracking billionaires globally.[3] Added together, the total net worth for 2017's billionaires was, up from in 2015. This was the first time after 12 years that Carlos Slim was not within the top five. The U.S. had the most billionaires in the world, with a record of 565. China had 319 (not including Hong Kong, Taiwan or Macau), Germany had 114, and India had the fourth most with 101; India reached over 100 billionaires for its first time.

No.NameNet worth (USD)AgeSource(s) of wealth
$86.0 billion 61Microsoft
$75.6 billion 86Berkshire Hathaway
$72.8 billion 53
$71.3 billion 80Inditex, Zara
$56.0 billion 32Facebook, Inc.
$54.5 billion 77
$52.2 billion 72Oracle Corporation
$48.3 billion 81Koch Industries
$48.3 billion 76Koch Industries
$47.5 billion 75Bloomberg L.P.

2016

For the third year in a row, Bill Gates was named the richest man in the world by Forbes 2016 list of the world's billionaires.[16] This is the 17th time that the founder of Microsoft had claimed the top spot. Amancio Ortega rose from last year's position of number four to second.[17] Warren Buffett of Berkshire Hathaway came in third for the second consecutive time,[18] while Mexican telecommunication mogul Carlos Slim slipped from last year's second position to fourth. Jeff Bezos of Amazon,[19] Mark Zuckerberg of Facebook[20] and Michael Bloomberg of Bloomberg L.P.,[21] appeared for the first time on the Forbes top 10 billionaires list, coming at fifth, sixth and eighth positions, respectively. Zuckerberg became the youngest top 10 billionaire this year at the age of 31. Larry Ellison, Charles Koch and David Koch also slipped from their previous year's positions, with Ellison dropping to seventh from fifth, and the Kochs falling to ninth position from sixth.

No.NameNet worth (USD)AgeNationalitySource(s) of wealth
$75.0 billion 60Microsoft
$67.0 billion 79Inditex
$60.8 billion 85Berkshire Hathaway
$50.0 billion 76
$45.2 billion 52
$44.6 billion 31Facebook, Inc.
$43.6 billion 71Oracle Corporation
$40.0 billion 74Bloomberg L.P.
$39.6 billion 80Koch Industries
$39.6 billion 75Koch Industries

2015

See main article: The World's Billionaires 2015.

In the 29th annual Forbes list of global billionaires, a record 1,826 billionaires were named with an aggregated net worth of $7.1 trillion compared to $6.4 trillion in the previous year. 46 of the billionaires in this list were under the age of 40. A record number of 290 people joined the list for the first time, of whom 25 percent hailed from China, which produced a world-leading 71 newcomers. The United States came in second, with 57; followed by India, with 28; and Germany, with 23.[22] The United States had the largest number of billionaires with 526. Russia went down to 88 from 111 in 2014. Russia was placed behind China, Germany and India by the number of billionaires. Self-made billionaires made up the largest number of people on the list with 1,191 positions (over 65 percent), while just 230 (under 13 percent) had wealth through inheritance. The number of billionaires who inherited a portion but were still working to increase their fortunes is 405.[23]

Bill Gates was named the richest man in the world by Forbes' annual list of the world's billionaires. This was the 16th time that the founder of Microsoft claimed the top spot. Carlos Slim came in second for the second consecutive time. Warren Buffett of Berkshire Hathaway placed third, while Amancio Ortega of Spain, slipped down a position from the previous year to number four. Larry Ellison, the founder of Oracle, rounded off the top five. Christy Walton was the highest-ranking female at number eight. America's Evan Spiegel, co-founder of photo messaging app Snapchat, became the youngest billionaire this year at age 24. At age 99, David Rockefeller maintained his position as the oldest billionaire included in the list.[24] Mark Zuckerberg, the founder of Facebook, rose to number 16 with $33.4 billion. Iceland had a billionaire, Thor Bjorgolfsson, in the list after a gap of five years. Guatemala had a billionaire, Mario Lopez Estrada, for the first time in its history.[25]

No.NameNet worth (USD)AgeNationalitySource(s) of wealth
$79.2 billion 59Microsoft
$77.1 billion 75América Móvil, Grupo Carso
$72.7 billion 84Berkshire Hathaway
$64.5 billion 78Inditex
$54.3 billion 70Oracle Corporation
$42.9 billion 79Koch Industries
$42.9 billion 74Koch Industries
$41.7 billion 66Walmart
$40.6 billion 66Walmart
$40.1 billion 92 FranceL'Oreal

2014

See main article: The World's Billionaires 2014.

Gates added $9 billion to his fortune since 2013 and topped the Forbes 2014 billionaire list. He had topped the list in 15 of the previous 20 years, but his previous number one ranking was in 2009.[26] Mexican telecommunication mogul Carlos Slim came in second place after being number one the previous four years. Zara founder Amancio Ortega placed third for the second consecutive year. American investor Warren Buffett was in the top five for the 20th consecutive year, placing fourth.[27] America's Christy Walton was the highest ranking woman, placing ninth overall.[28] Aliko Dangote of Nigeria became the first African to enter the top 25, with an estimated net worth of $25 billion.[29]

A total of 1,645 people made the 2014 billionaire list, representing a combined wealth of $6.4 trillion. Of those, a record 268 were newcomers, surpassing 2008's 226 newcomers. 100 people listed in 2013 failed to make the list. The number of women on the list rose to a record 172 in 2014. Approximately 66 percent of the list were self-made, 13 percent achieved their wealth through inheritance alone, and 21 percent through a mixture of the two.

The United States had 492 billionaires on the list, the most of any country. It also had the most newcomers with 50, and women with 54. China had the second most billionaires with 152, while Russia was third with 111. Algeria, Lithuania, Tanzania, and Uganda were all represented on the list for the first time. Turkey saw the most people drop off the list, 19, due to a period of high inflation in the country.

No.NameNet worth (USD)AgeNationalitySource(s) of wealth
$76.0 billion 58Microsoft
& family$72.0 billion 74América Móvil, Grupo Carso
$64.0 billion 77Inditex
$58.2 billion 83Berkshire Hathaway
$48.0 billion 70Oracle Corporation
$40.0 billion 78Koch Industries
$40.0 billion 73Koch Industries
$38.0 billion 80Las Vegas Sands
& family$36.7 billion 65Walmart
$34.7 billion 65Walmart

2013

See main article: The World's Billionaires 2013.

Carlos Slim topped the 2013 billionaire list, marking his fourth consecutive year at the top. Gates remained in second, while Amancio Ortega moved up to third. Ortega's gain of $19.5 billion was the largest of anyone on the list. Warren Buffett failed to make the top three for the first time since 2000, placing fourth. Diesel founder Renzo Rosso was among the top newcomers, debuting with an estimate net worth of $3 billion.

A global rise in asset prices led Forbes editor Randall Lane to declare "It [was] a very good year to be a billionaire". However, it was not a good year to be Eike Batista, who fell from seventh to 100th, suffering the largest net loss of anyone on the list. Overall, net gainers outnumbered net losers by 4:1.[30]

A record total of 1,426 people made the 2013 list, representing $5.4 trillion of assets. Of those, 442 billionaires hailed from the United States.[31] The Asian-Pacific region had 386 billionaires and Europe 366. The list also featured a record number of newcomers, 210, representing 42 countries. 60 people from the 2012 list fell below a billion dollars of assets in 2013, and eight others from the 2012 list died. The Asia-Pacific region had the most drop-offs, with 29, followed by the United States with 16. The 2013 list featured 138 women, of which 50 came from the United States. A majority of the list (961 individuals, 67 percent) were entirely self-made; 184 (13 percent) inherited their wealth, and 281 (20 percent) achieved their fortune through a combination of inheritance and business acumen.[32] Vietnam's Phạm Nhật Vượng was the first person from that country to be included in this list.

No.NameNet worth (USD)AgeNationalitySource(s) of wealth
& family$73.0 billion 73América Móvil, Grupo Carso
$67.0 billion 57Microsoft
$57.0 billion 76Inditex Group
$53.5 billion 82Berkshire Hathaway
$43.0 billion 68Oracle Corporation
$34.0 billion 77Koch Industries
$34.0 billion 72Koch Industries
$31.0 billion 84Cheung Kong Holdings
& family$30.0 billion 90 FranceL'Oréal
$29.0 billion 63 FranceLVMH

2012

See main article: The World's Billionaires 2012.

Carlos Slim topped the 2012 list, marking this third consecutive year at the top. Gates placed second but narrowed the gap from 2011 as Slim's fortune fell $5 billion while Gates' rose $5 billion. Warren Buffett remained in third place. Bernard Arnault of France was the top-ranking European on the list, placing fourth. Ricardo Salinas Pliego was the greatest gainer in terms of dollars, adding $9.2 billion to his fortune and moving up to number 37 overall. Making her debut on the list at age 41, Spanx founder Sara Blakely became the youngest self-made female billionaire ever.[33] Colombia's Alejandro Santo Domingo was the highest-ranked newcomer, inheriting a $9.5 billion stake in Santo Domingo Group from his father.[34] India's Lakshmi Mittal was the largest loser as his fortune dropped from $31.1 billion to $20.7 billion as the price of steelmaker ArcelorMittal fell sharply. As a result, he failed to make the top 10 for the first time since 2004 and lost his title of richest Asian to Hong Kong's Li Ka-shing.

A record total of 1,226 people made the 2012 list, representing 58 countries. Of those, 126 were newcomers to the list and 104 were women. The United States had the greatest number of billionaires with 425. Russia had 96 people on the list, while China had 95. Georgia, Morocco, and Peru were newly represented on the list. Falling stock prices in Asia contributed to 117 former billionaires falling from the list worldwide. Twelve others listed in 2011 died. Overall, net gainers (460) barely outnumbered net losers (441).[35]

To coincide with the release of the 2012 list, Forbes announced a then-new "Billionaire Real-Time Ticker" updating the wealth of the world's top 50 billionaires in real time.

No.NameNet worth (USD)AgeNationalitySource(s) of wealth
& family$69.0 billion 72América Móvil, Grupo Carso
$61.0 billion 56Microsoft
$44.0 billion 81Berkshire Hathaway
$41.0 billion 63 FranceLVMH Moët Hennessy • Louis Vuitton
$37.5 billion 75Inditex Group
$36.0 billion 67Oracle Corporation
$30.0 billion 55EBX Group
Stefan Persson$26.0 billion 64H&M
$25.5 billion 83Cheung Kong Holdings
$25.4 billion 92Aldi

2011

See main article: The World's Billionaires 2011.

In the 25th annual Forbes list of global billionaires, Slim added $20.5 billion to his fortune, the most of anyone, and retained his number one ranking with a total fortune of $74 billion. Gates remained in second place with $56 billion, while Warren Buffett was third with $50 billion. The top 10 had a combined wealth of $406 billion, up from $342 billion in 2010. According to Forbes editor Kerry Dolan, "media and technology billionaires definitely benefited from a stronger stock market and a growing enthusiasm for all things social" since the 2010 list. However, Nigerian commodity mogul Aliko Dangote was the greatest gainer on a percentage basis as his fortune increased 557 percent to $13.5 billion. Mark Zuckerberg was one of seven Facebook-related billionaires on the list, as he added $9.5 billion to his net worth to move up to 52nd. Facebook co-founder Dustin Moskovitz was the youngest person on the list. Aged 26, eight days younger than Zuckerberg, he debuted at number 420 with an estimated fortune of $2.7 billion. IKEA founder Ingvar Kamprad was the largest loser as he saw his fortune plummet from $23 billion to $6 billion, dropping him from 11th to 162nd overall.

A record 1,210 billionaires made the 2011 list, representing a combined wealth of $4.5 trillion, up from $3.6 trillion the previous year.[36] One third of the world's billionaires, 413, came from the United States. China had the second most billionaires with 115, while Russia was third with 101. Asia moved up to 332 billionaires, passing Europe as a region for the first time since the 1990s. The 2011 list included 214 newcomers and the average net worth of those on it increased to $3.7 billion.[37]

No.NameNet worth (USD)AgeNationalitySource(s) of wealth
$74.0 billion 71América Móvil, Grupo Carso
$56.0 billion 55Microsoft
$50.0 billion 80Berkshire Hathaway
$41.0 billion 62 FranceLVMH Moët Hennessy • Louis Vuitton
$39.5 billion 66Oracle Corporation
$31.1 billion 60Arcelor Mittal
$31.0 billion 74Inditex Group
$30.0 billion 53EBX Group
$27.0 billion 54Reliance Industries
& family$26.5 billion 62Walmart

2010

See main article: The World's Billionaires 2010.

Slim narrowly eclipsed Gates to top the billionaire list for the first time. Slim saw his estimated worth surge $18.5 billion to $53.5 billion as shares of America Movil rose 35 percent. Gates' estimated wealth rose $13 billion to $53 billion, placing him second. Warren Buffett was third with $47 billion.[38] Christy Walton was the highest-ranking woman, placing 12th overall, with an inherited fortune of $22.5 billion.[39] At age 25, Mark Zuckerberg continued to be the world's youngest self-made billionaire. American Isaac Perlmutter was among the newcomers with an estimated fortune of $4 billion largely acquired in his sale of Marvel Entertainment to Disney.

A total of 1,011 people made the 2010 list. The United States accounted for 403 billionaires, followed by China with 89 and Russia with 62. It was the first time China, while including Hong Kong, placed second. A total of 55 countries were represented on the 2010 list, including Finland and Pakistan which claimed their first billionaires. Eighty-nine women made the list, but only 14 of them were self-made. The combined net worth of the list was $3.6 trillion, up 50 percent from 2009's $2.4 trillion, while the average net worth was $3.5 billion.[40]

The 2010 list featured 164 re-entries and 97 true newcomers. Asia accounted for more than 100 of the new entrants. Overall, just 12 percent of the list lost wealth since 2009, and 30 people fell off the list. 13 others died. Of the 89 women, 12 were newcomers in 2010. Steve Forbes said the growing number of billionaires was a clear sign that the world's economy was recovering from 2009's global financial crisis.

In June 2010, Gates and Buffett announced the Giving Pledge, a promise to give the majority of their wealth to philanthropic causes. As of 2017, the pledge had 158 signatories, but some of the signatories have since died. Most of the signers of the pledge are billionaires, and their pledges total over $365 billion.[41]

No.NameNet worth (USD)AgeNationalitySource(s) of wealth
& family$53.5 billion 70América Móvil, Grupo Carso
$53.0 billion 54Microsoft
$47.0 billion 79Berkshire Hathaway
$29.0 billion 53Reliance Industries
$28.7 billion 60Arcelor Mittal
$28.0 billion 66Oracle Corporation
$27.5 billion 61 FranceLVMH Moët Hennessy • Louis Vuitton
$27.0 billion 53<--Forbes shows 53, Wikipedia bio shows 52-->EBX Group
$25.0 billion 74Inditex Group
$23.5 billion 90Aldi Süd

2009

In the wake of the Financial crisis of 2007–2008, the world's billionaires lost $2 trillion in net worth and the list became 30% smaller than the previous year's list.[42]

No.NameNet worth (USD)AgeNationalitySource(s) of wealth
$40.0 billion 53Microsoft
$37.0 billion 78Berkshire Hathaway
$35.0 billion 69América Móvil, Grupo Carso
$22.5 billion 64Oracle Corporation
$22.0 billion 83IKEA
$21.5 billion 89Aldi Süd
$19.5 billion 52Reliance Industries
$19.3 billion 58Arcelor Mittal
$18.8 billion 87Aldi Nord, Trader Joe's
$18.3 billion 73Inditex Group

2008

Facebook founder Mark Zuckerberg, four years after starting the company, joined the list at 23 to become the youngest self-made billionaire.

No.NameNet worth (USD)AgeNationalitySource(s) of wealth
$62.0 billion 77Berkshire Hathaway
$60.0 billion 68América Móvil, Grupo Carso
$58.0 billion 52Microsoft
$45.0 billion 57Arcelor Mittal
$43.0 billion 51Reliance Industries
$42.0 billion 48Anil Dhirubhai Ambani Group
$31.0 billion 81IKEA
$30.0 billion 76DLF Group
$28.0 billion 40Rusal
$27.0 billion 88Aldi Süd

2007

Forbes recorded a then record of 946 billionaires. There were 178 newcomers, as well as the first billionaires from Cyprus, Oman, Romania and Serbia. Over 66% of the previous year's billionaires became richer. The billionaires' net worth increased in 2007 by $900 billion to $3.5 trillion.[43]

No.NameNet worth (USD)AgeNationalitySource(s) of wealth
$56.0 billion 51Microsoft
$52.0 billion 76 Berkshire Hathaway
$49.0 billion 67América Móvil, Grupo Carso
Ingvar Kamprad$33.0 billion 80IKEA
$32.0 billion 56Arcelor Mittal
$26.5 billion 73 Las Vegas Sands
$26.0 billion 58 FranceLVMH
$24.0 billion 71Inditex Group
$23.0 billion 78Cheung Kong Holdings, Hutchison Whampoa
David Thomson$22.0 billion 49Thomson Corporation

2006

Free cash used by consumers from home equity extraction, known as the real estate bubble created a total of nearly $5 trillion in 2005, contributing to economic growth worldwide.[44]

No.NameNet worth (USD)AgeNationalitySource(s) of wealth
$52.0 billion 50Microsoft
$42.0 billion 75Berkshire Hathaway
$30.0 billion 66América Móvil, Grupo Carso
$28.0 billion 79IKEA
$23.5 billion 55Mittal Steel Company
$22.0 billion 53Microsoft
$21.5 billion 57 FranceLVMH Moët Hennessy • Louis Vuitton
$20.0 billion 49Kingdom Holding Company
$19.6 billion 82Thomson Corporation
$18.8 billion 77Cheung Kong Group, Hutchison Whampoa

2005

The net worth of 2005's 691 billionaires was $2.2 trillion. More than half of them had self-made fortunes.[45]

No.NameNet worth (USD)AgeNationalitySource(s) of wealth
$46.5 billion 49Microsoft
$44.0 billion 74Berkshire Hathaway
$25.0 billion 54Mittal Steel Company
$23.8 billion 65América Móvil, Grupo Carso
$23.7 billion 49Kingdom Holding Company
$23.0 billion 79IKEA
$21.0 billion 52Microsoft
$18.5 billion 85Aldi Süd
$18.4 billion 60Oracle Corporation
$18.3 billion 61Walmart

2004

The founders of Google, Sergey Brin and Larry Page, became billionaires at age 30.

No.NameNet worth (USD)AgeNationalitySource(s) of wealth
$46.6 billion 48Microsoft
$42.9 billion 73Berkshire Hathaway
$23.0 billion 84Aldi Süd
$21.5 billion 47Kingdom Holding Company
$21.0 billion 51Microsoft
$20.0 billion 55Wal-Mart
$20.0 billion 84Wal-Mart
$20.0 billion 56Wal-Mart
$20.0 billion 58Wal-Mart
$20.0 billion 60Wal-Mart

* Each hold an essentially equal share in Walmart.

2003

Oprah Winfrey became the first female African-American billionaire.

No.NameNet worth (USD)AgeNationalitySource(s) of wealth
$40.7 billion 47Microsoft
$30.5 billion 72Berkshire Hathaway
$25.6 billion 83Aldi
$20.1 billion 50Microsoft
$17.7 billion 46Kingdom Holding Company
$16.6 billion 58Oracle Corporation
$16.5 billion 54Wal-Mart
$16.5 billion 83Wal-Mart
$16.5 billion 55Wal-Mart
$16.5 billion 57Wal-Mart
$16.5 billion 59Wal-Mart

* Each hold an essentially equal share in Walmart.

2002

As a result of the market crash caused by the Dot-com bubble, 83 billionaires dropped off the list from the previous year.

No.NameNet worth (USD)AgeNationalitySource(s) of wealth
$52.8 billion 46Microsoft
$35.0 billion 71Berkshire Hathaway
$26.8 billion 82Aldi
$25.2 billion 49Microsoft
$23.5 billion 57Oracle Corporation
$20.8 billion 54Wal-Mart
$20.7 billion 56Wal-Mart
$20.5 billion 53Wal-Mart
$20.5 billion 58Wal-Mart
$20.5 billion 82Wal-Mart

* Each hold an essentially equal share in Walmart.

2001

In 2001, BET founder Robert L. Johnson became the first ever African-American billionaire.[46]

No.NameNet worth (USD)AgeNationalitySource(s) of wealth
$58.7 billion 45Microsoft
$32.3 billion 70Berkshire Hathaway
$30.4 billion 48Microsoft
$26.0 billion 56Oracle Corporation
Karl and Theo Albrecht$25.0 billion 81Aldi
$20.0 billion 44Kingdom Holding Company
$18.8 billion 53Wal-Mart
$18.7 billion 55Wal-Mart
$18.6 billion 57Wal-Mart
$18.5 billion 52Wal-Mart
$18.5 billion 81Wal-Mart

* Each hold an essentially equal share in Wal-Mart. Had he been alive in 2001, Sam Walton would have been the world's wealthiest person.

2000

Gates became the first American to take the top spot of the world's billionaires in 1995 with a net worth of $12.5 billion, and he remained there during the dot-com bubble's height in 1999 when his fortune peaked at $90 billion. After the dot-com bubble started to collapse in 2000, his wealth dropped to $60 billion, although he remained at the top of the list.

No.NameNet worth (USD)AgeNationalitySource(s) of wealth
$60.0 billion 44Microsoft
$47.0 billion  55Oracle Corporation
$28.0 billion 47Microsoft
$25.6 billion 69Berkshire Hathaway
$20.0 billion  80Aldi
$20.0 billion 43Kingdom Holding Company
$20.0 billion 57Wal-Mart
$19.4 billion 43Softbank Capital, SoftBank Mobile
$19.1 billion 35Dell
$16.1 billion 77The Thomson Corporation

1999

No.[47] NameNet worth (USD)AgeNationalitySource(s) of wealth
$90.0 billion 43Microsoft
$36.0 billion 68Berkshire Hathaway
$30.0 billion 46Microsoft
$19.5 billion 43Microsoft
$16.5 billion 59The Anschutz Corporation
$16.5 billion 34Dell
$15.8 billion55Wal-Mart
$15.0 billion 42Kingdom Holding Company
Karl and Theo Albrecht$13.6 billion 79Aldi
& family$12.6 billion 71CK Asset Holdings[48]

1998

No.NameNet worth (USD)AgeNationalitySource(s) of wealth
$51.0 billion 43Microsoft
Walton family$48.0 billion _Wal-Mart
$33.0 billion 67Berkshire Hathaway
$21.0 billion 45Microsoft
$14.4 billion 74Woodbridge Co. Ltd.[49]
Jay and Robert Pritzker$13.5 billion _Hyatt[50]
Forrest Mars Sr. & family$13.5 billion 94Mars, Inc.[51]
$13.3 billion 41Kingdom Holding Company
$12.7 billion 70Henderson Land Development[52]
Karl and $11.7 billion 78Aldi

1997

No.NameNet worth (USD)AgeNationalitySource(s) of wealth
$36.4 billion 42Microsoft
Walton family$27.6 billion _Wal-Mart
$23.2 billion 66Berkshire Hathaway
$14.7 billion 69Henderson Land Development
$14.1 billion 44Microsoft
Kwok brothers$12.3 billion 48Sun Hung Kai Properties[53]
Haas family$12.3 billion _Levi Strauss & Co[54]
Forrest Mars Sr. & family$12.0 billion 93Mars, Inc.
Karl and $11.5 billion 77Aldi
& family$11.3 billion 73Cathay Life Insurance[55]

1996

No.NameNet worth (USD)AgeNationalitySource(s) of wealth
Walton family$22.9 billion _Wal-Mart
$18.0 billion 41Microsoft
$15.3 billion 65Berkshire Hathaway
Oeri, Hoffman & Sacher families$13.1 billion _Roche[56]
$12.7 billion 68 Hong KongHenderson Land Development
& family$12.2 billion 72Cathay Life Insurance
Kwok brothers$11.2 billion _ Hong KongSun Hung Kai Properties
& family$10.6 billion 68 Hong KongCK Asset Holdings
$9.2 billion 62 JapanSeibu Railway[57]
Karl and $9.0 billion 76Aldi[58]

1995

No.NameNet worth (USD)NationalitySource(s) of wealth
Walton family$23.5 billion Wal-Mart
$12.9 billion Microsoft
$10.7 billion Berkshire Hathaway
Hans and $9.0 billion Tetra Pak
$9.0 billion  JapanSeibu Corporation
& Hoffman family$8.6 billion Hoffmann-La Roche
& family$8.5 billion Lin Yuan Group
$6.5 billion Thomson Corporation
$6.5 billion Hong KongHenderson Land Development
$6.2 billionHyundai

1994

No.NameNet worth (USD)NationalitySource(s) of wealth
Walton family$22.6 billion Wal-Mart
du Pont family$9.0 billion DuPont
Hans and $9.0 billion Tetra Pak
$8.5 billion  JapanSeibu Corporation
$8.2 billion Microsoft
$7.9 billion Berkshire Hathaway
& Hoffman family$7.8 billion Hoffmann-La Roche
& family$7.5 billion Lin Yuan Group
Karl and $7.3 billion Aldi
$6.6 billion América Móvil, Grupo Carso

1993

No.NameNet worth (USD)NationalitySource(s) of wealth
Walton family$25.3 billion Wal-Mart
Mars family$9.2 billion Mars, Inc.
$9.0 billion JapanSeibu Corporation
du Pont family$8.6 billion DuPont
Minoru and Akira Mori$7.5 billion  JapanMori Building Company
$7.4 billion Microsoft
Samuel and Donald Newhouse$7.0 billion Advance Publications
Sid and Lee Bass & brothers$6.8 billion Richardson Gasoline
$6.6 billion Berkshire Hathaway
$6.2 billion Tengelmann Group

1992

No.NameNet worth (USD)NationalitySource(s) of wealth
Walton family$23.8 billion Wal-Mart
$13.0 billion JapanMori Building Company
$10.0 billion JapanSeibu Corporation
Hans and Gad Rausing$7.0 billion Tetra Pak
$6.9 billion Tengelmann Group
Haniel family$6.4 billion Franz Haniel & Cie.
$6.4 billion Microsoft
& family$6.2 billion Sainsbury's
$6.2 billion Thomson Corporation
$6.0 billion Lotte Corporation

1991

No.NameNet worth (USD)NationalitySource(s) of wealth
Walton family$18.5 billion Wal-Mart
$15.0 billion JapanMori Building Company
$14.0 billion JapanSeibu Corporation
du Pont family$10.0 billion DuPont
Hans and Gad Rausing$9.0 billion Tetra Pak
$7.7 billion JapanAzabu Building
& brothers$7.1 billion Olympia & York
$6.8 billion Thomson Corporation
$6.1 billion JapanHeiwa Corporation
$6.0 billion Lotte Corporation

1990

No.NameNet worth (USD)NationalitySource(s) of wealth
$16.0 billion JapanSeibu Corporation
$14.6 billion JapanMori Building Company
Walton family$13.5 billion Wal-Mart
du Pont family$10.0 billion  DuPont
Hans and Gad Rausing$9.6 billion  Tetra Pak
$9.2 billion JapanAzabu Building
& brothers$9.0 billion Olympia & York
$8.4 billion JapanHeiwa Corporation
$7.5 billion Lotte Corporation
$5.8 billion JapanShin Nihon Kanko

1989

No.[59] NameNet worth (USD)NationalitySource(s) of wealth
$15.0 billion JapanSeibu Corporation
$14.2 billion JapanMori Building Company
& family$8.7 billion Wal-Mart
Reichmann brothers$8.0 billion  Olympia & York
$8.0 billion  Lotte Corporation
& family$7.8 billion JapanChisan
$7.0 billion+ JapanAzabu Building
& family$7.0 billion JapanReal estate
Hans and $7.0 billion Tetra Pak
$6.6 billion JapanShin Nihon Kanko

1988

No.[60] NameNet worth (USD)NationalitySource(s) of wealth
$18.9 billion JapanSeibu Corporation
$18.0 billion JapanMori Building Company
Reichmann brothers$9.0 billionOlympia & York
$8.0 billion Lotte Corporation
$8.0 billion Irving Oil
$7.8 billion JapanReal estate
$6.5 billionWal-Mart
$5.6 billionLin Yuan Group
$5.0 billion+ JapanShin Nihon Kanko
$5.2 billion JapanAzabu Building

1987

No.[61] NameNet worth (USD)NationalitySource(s) of wealth
$20 billion JapanSeibu Corporation
$15 billion JapanMori Building Company
$7.5 billion JapanShuwa Corporation
$7.0 billion JapanReal estate
Salim Ahmed bin Mahfouz$6.2 billionNational Commercial Bank
Hans and $6.0 billionTetra Pak
Paul Reichmann$6.0 billionOlympia & York
$5.6 billion JapanReal estate
$5.4 billion Thomson Corporation
Keizo Saji$4.0 billion JapanSuntory

Statistics

The dot-com bubble created the most paper wealth for some billionaires. However, once the dotcom bubble burst the new rich saw their fortunes disappear.[62] Billionaires' fortunes were hit even harder by the global financial crisis; 2009 was the first time in five years that the world had a net loss in the number of billionaires.[63] The strong performance of the financial markets and global economic recovery have erased financial assets losses. Most of the richest people in the world saw their fortunes soar in the early 2010s.[64] [65]

Number and combined net worth of billionaires by year[66]
YearNumber of billionairesGroup's combined net worth
20242,781$14.2 trillion
20232,640$12.2 trillion
20222,668$12.7 trillion
20212,755$13.1 trillion
20202,095$8.0 trillion
20192,153$8.7 trillion
20182,208$9.1 trillion
20172,043$7.7 trillion
20161,810$6.5 trillion
2015[67] 1,826$7.1 trillion
2014[68] 1,645$6.4 trillion
2013[69] 1,426$5.4 trillion
20121,226$4.6 trillion
20111,210$4.5 trillion
20101,011$3.6 trillion
2009793$2.4 trillion
20081,125$4.4 trillion
2007946$3.5 trillion
2006793$2.6 trillion
2005691$2.2 trillion
2004587$1.9 trillion
2003476$1.4 trillion
2002497$1.5 trillion
2001538$1.8 trillion
2000470$898 billion
Sources: Forbes.

See also

References

General

External links

Notes and References

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  3. News: Forbes 2017 billionaires list: Meet the richest people on the planet . Kroll . Luisa . Forbes . 21 March 2017 . 21 March 2017 . https://web.archive.org/web/20170321160341/http://www.msn.com/en-us/money/savingandinvesting/forbes-2017-billionaires-list-meet-the-richest-people-on-the-planet/ar-BByqKfX . live .
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  5. https://www.forbes.com/2006/05/04/rich-kings-dictators_cz_lk_0504royals.html Fortunes Of Kings, Queens And Dictators
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