Jeff Bezos has once again topped the chart of global billionaires in Forbes’ annual list. This year marks the third consecutive year that he has done so.
Although he gave $38 billion to his ex-wife, Bezos still had a net worth of $118 billion. This is a decrease of $18 billion compared to last year. A 15% increase in the Amazon stock price offset a big portion of his massive settlement.
Mackenzie Bezos made his first entry into the list with a net worth of $36 billion. In a highly public settlement, she walked away with 25% of Amazon stocks.
She is ranked 22nd in the list, making her the 4th highest women to be placed on the list. Excluding families, she is only topped by Alice Walton who came in at 9th with a net worth of $54.4 billion.
Bill Gates remained the second richest person despite not holding any active positions in Microsoft. His net worth was at $98 billion, an increase of $1.5 billion compared to last year.
Along with his wife Melinda, Gates’ main focus these days is on humanitarian work. In February, the Bill & Melinda Gates Foundation announced that it will donate $100 million to help the fight against the novel coronavirus.
Fellow humanitarian and familiar face on Forbes’ list Warren Buffet ranked 4th on this year’s chart. His net worth is at $67.5 billion this year.
The man who toppled Buffet and ranked third was Bernard Arnault. CEO of LVMH, his net worth was at $76 billion. LVMH is a luxury conglomerate that includes brands such as Louis Vuitton, Bvlgari and TAG Heuer.
Outside of North America and Europe, Jack Ma was the richest man. With a fortune of $38.8 billion, he was the 17th richest man on the planet.
Despite stepping down as the CEO of Alibaba last September, Ma still is the biggest shareholder of the company he found. Alibaba is the largest e-commerce site in terms of user size.
A notable individual who entered the list for the first time is Zoom founder and CEO Eric Yuan. He was the 294th richest billionaire with a net worth of $5.5 billion.
Zoom’s usage has soared since the global pandemic began to spread. Along with tech giants such as Google, many companies are using Zoom as their workers remain quarantined.
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Replaced!