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Bill Gates reclaims top of Forbes billionaire list from Slim

Published on Mar 4, 2014 7:40 AM
 
Microsoft co-founder Bill Gates has returned to the top of Forbes magazine’s annual list of the world’s richest people, as rising stock markets swelled the ranks of billionaires, which included a record number of women. -- FILE PHOTO: AFP 

(REUTERS) – Bill Gates has returned to the top of Forbes magazine’s annual list of the world’s richest people, as rising stock markets swelled the ranks of billionaires, which included a record number of women.

With a net worth of US$76 billion (S$96.4 billion), the Microsoft Corp co-founder reclaimed the top spot after a four-year hiatus, toppling Mexico’s telecommunications mogul Carlos Slim Helu, who placed second at US$72 billion, Forbes said in announcing the list on Monday.

Amancio Ortega, the Spanish founder of clothing conglomerate Inditex SA, which includes the Zara fashion chain, ranked third at US$64 billion. Investing icon Warren Buffett, who runs Berkshire Hathaway Inc and is a frequent bridge partner for Gates, was fourth at US$58.2 billion. Oracle Corp chief Larry Ellison came in fifth at US$48 billion.

Mr Gates has topped the list in 15 of the last 20 years. A record 1,645 billionaires with a total net worth of US$6.4 trillion made Forbes’ list, up from 1,426 last year.

 
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