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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. [ 1 ]
It tracks the 500 wealthiest people in the world. [4] The ranking was designed to provide a more transparent and accountable presentation of the world's biggest personal fortunes. [7] At first, the index only tracked the 20 richest people in the world, and then expanded to 100, 200, 400 and later 500 in October 2016. [8]
In the same period, the wealth of the richest 62 people between the World's Billionaires increased by $500bn (£350bn) to $1.76tn. More recently, in 2017 an Oxfam report noted that just eight billionaires have as much net worth as "half the human race".
Move over, Elon Musk. According to Forbes' Real Time Billionaire's List, LVMH Group (Moët Hennessy Louis Vuitton) chairman and CEO Bernard Arnault has surpassed Musk in net worth with a reported...
Here are the world’s 10 richest people and some of their key investments, according to the Bloomberg Billionaires Index, as of Jan. 5, 2025. The world’s 10 wealthiest individuals 1.
The movement popularized the term “the 1%,” making it a catchall term for the world’s richest people. The race to become the first trillionaire To be in the top 1% of U.S. earners, a ...
Per Forbes (April 2024) [1]; Rank Rank per capita Country/Territory Billionaires Rate - World 2,781: 0.343 1 11 United States 813: 2.420 2 53 China 406: 0.288 3 58 India 200: 0.144
The 20 richest people were worth $406 billion then, a fraction of the $3 trillion they're worth today. Musk alone is worth $454 billion today, exceeding the combined wealth of the top 20 in 2000.