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Bill Gates named richest man in the world for third year in a row by Forbes

CALIFORNIA: The Microsoft co-founder Bill Gates was named the world’s wealthiest businessman by Forbes in their 2016 list of top billionaires.

Gates tops with $75bn, remaining number one for three years in a row. He’s now held the top honour for 17 of the last 22 years.

The business publication has been curating the list for 30 years and only five men have earned the top honour.

Forbes List
Screen grab of the list on Forbes official site

This year’s list featured 1,810 billionaires across the world. Combined, they have a net worth of nearly $6.5 trillion.

Facebook co-founder and CEO Mark Zuckerberg and Amazon CEO Jeff Bezos also reached the top ten for the first time.

“Zuckerberg was actually the year’s biggest gainer, he was up over $11bn. He really did have the best year on the planet,” Louisa Kroll, assistant managing editor of wealth at Forbes, told CBS This Morning on Tuesday.

Kroll said that while Zuckerberg is the youngest billionaire in the top 10, 66 of the honourees are under the age of 40, and 36 of those have made their own fortunes.

Here are the rest of the business moguls rounding the top 10:

  1. Bill Gates, US, $75bn
    2. Amancio Ortega, Spain, $67bn
    3. Warren Buffett, US, $60.8bn
    4. Carlos Slim Helu, Mexico, $50bn
    5. Jeff Bezos, US, $45.2bn
    6. Mark Zuckerberg, US, $44.6bn
    7. Larry Ellison, US, $43.6bn
    8. Michael Bloomberg, US, $40bn
    9. Charles Koch, US, $39.6bn
    10. David Koch, US, $39.6bn
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M M Alam

M. M. Alam is a Pakistan-based working journalist since 1981. Karachi University faculty gold medalist Alam began his career four decades ago by writing for Dawn, Pakistan’s highest circulating English daily. He has worked for region’s leading publications, global aviation periodicals including Rotors (of USA) and vetted New York Times as permanent employee of daily Express Tribune. Alam regularly covers international aviation and defense-related events including Salon Du Bourget (France), Farnborough (United Kingdom), Dubai (UAE). Alam has reported thousands of events and interviewed hundreds of people in Pakistan, UAE, EU, UK and USA. Being Francophone Alam also coordinates with a number of French publications.