Amazon CEO Jeff Bezos named richest man on the planet

Forbes Billionaires 2018: Meet The Richest People On The Planet

Meanwhile, Trump, who became the first billionaire president in history previous year, dropped to No. 766 on the list, with a $3.1 billion net worth.

There are 14 Malaysian billionaires in the list, with Kuok being ranked at No. 96 with US$14.8 billion.

Centi-billionaire Bezos' fortune rose to $112 billion, the biggest single-year gain ever, allowing him to dethrone Gates, worth just $90 billion.

Bill Gates has been the richest person in the world for 18 of the past 24 years.

Alibaba's founder Jack Ma ranked 20th while Donald Trump ranked 766th.

Indian-born Pallonji Mistry is the highest-ranked among the Irish billionaires and is 66th on the list with a $17.8 billion fortune.

Former Transport Minister Mohamed Lotfy Mansour came third in the Egyptian list by $2.7 billion, followed by businessman Yassin Mansour whose wealth is estimated at $1.9 billion.

Meanwhile, an all-time high of 256 women made the 2018 Forbes list and their collective net worth topped $1 trillion, up 20% since a year ago.

#NBATwitter Responds To JR Smith's Soup-Throwing Suspension
JR Smith was drafted 18th overall in the 2004 NBA Draft by the New Orleans Hornets straight out of high school. Smith will regain his starting spot after his suspension is over, Lue told reporters Thursday.

The only child of Bettencourt, Francoise Bettencourt Meyers, is the runner up with a net worth of $42.2 billion. Mr. Ambani was ranked 19th globally, up from 33rd position in 2017.

Their collective worth is $9.1 trillion, an 18 percent increase from a year ago.

"Acharya Balkrishna derives his fortune from fast-growing consumer goods giant Patanjali Ayurved".

Indian jeweller Nirav Modi is among the drop-offs from the list, along with Papa John's Pizza founder John Schnatter, Christoffel Wiese of South Africa, and Saudi Arabia's Prince Alwaleed Bin Talal Al Saud. His fortune is up from US$75.6bn a year earlier.

Most of Bezos' fortune is tied up in Amazon stock, which soared 59 per cent during the period tracked by Forbes.

A record 2,208 billionaires feature on the magazine's 32nd annual ranking of the world's billionaires.

Among the Indian women, Savitri Jindal and family is the richest with a fortune of $8.8 billion.

Anu Aga of Thermax returns to the list and is the sixth richest with a net worth of $1.4 billion.

Related news:

Hot News

isis-killer-beheading-video-story-top Nashville Mayor Megan Barry is expected to announce her resignation Tuesday morning
Mar 07, 2018 - 00:13
Barry in January admitted to the affair with Sergeant Robert Forrest , though she said she would remain in office. TBI investigators say they looked at Forrest's phone and his emails after Barry admitted publicly to the affair.

isis-killer-beheading-video-story-top Percent Teacher Pay Raise Bill Reaches House Following Senate Procedural Confusion
Mar 07, 2018 - 00:12
Messina says he didn't know how many people were turned away, but the lines still stretched around the Capitol by early afternoon. A survey previous year of 250 Oklahoma teachers who left the state found that the majority of teachers left due to the low pay.

isis-killer-beheading-video-story-top Bayern Munich open 20-point gap
Mar 07, 2018 - 00:10
Milos Jojic pulled a goal back with a fine free-kick three minutes from time, but it was too little, too late for Cologne . Lucas Holer took advantage of uncharacteristic space in the visitors' backline to latch onto an incisive throughball.

isis-killer-beheading-video-story-top Stephen Hawking explains what was there before the Big Bang
Mar 07, 2018 - 00:08
About 13.7 billion years ago, our Universe was born in a extremely dense point of heat and energy, no bigger than an atom. At the Big Bang , the matter available in-universe was converted the hot and dense spot of the matter.

isis-killer-beheading-video-story-top OH native Allison Janney wins first Oscar for 'I, Tonya'
Mar 06, 2018 - 02:35
Though she has appeared in some major box office hits, Janney is best known for her portrayal of White House press secretary C.J. Cregg in the popular NBC drama The West Wing , winning four Emmys and two SAG awards for the role.

isis-killer-beheading-video-story-top China Boosts Spending to Bolster Military Capabilities
Mar 06, 2018 - 02:31
The 8.1% increase is higher than last year's announcement, when China upped military spending by 7% over the previous year. China's defense spending as a share of GDP and the budget also remains lower than that of other major nations, he said.

isis-killer-beheading-video-story-top The Best Options For Kirk Cousins Are Clear
Mar 05, 2018 - 01:35
As of now, it appears the Broncos, Vikings , Jets and Cardinals and the most likely landing spots for the 29-year-old. As the start of free-agent season approaches, rumors about quarterbacks available in the market continue to swirl.

isis-killer-beheading-video-story-top Weather warning in Louth downgraded to orange
Mar 04, 2018 - 03:39
Met Éireann's weather reports for at 8pm this evening showed only one weather station recording a temperature above freezing. There will be some more snow this morning in places, with ice and lying snow making many roads treacherous.

isis-killer-beheading-video-story-top White House: Scaramucci Blocked From Entering White House Without Approval
Mar 04, 2018 - 03:38
Kelly downgraded the security clearance of Jared Kushner, Trump's son-in-law from top secret to secret. Porter returned to the White House the next day, or why the White House said the next day that Mr.

isis-killer-beheading-video-story-top Nagaland, Tripura, Meghalaya Assembly Elections: Counting Begins
Mar 04, 2018 - 03:37
As of 3.30 pm, the incumbent Congress is on course to be the single largest party, with 21 seats in the 60-strong Assembly. The Congress had it's best ever performance in 2013. "We are hopeful that we will be able to form the government".

isis-killer-beheading-video-story-top NASA satellite sees poop, reveals secret penguin supercolony
Mar 04, 2018 - 03:36
It is also the only island to date with a population estimate (285,000-305,000) derived from a ground survey of the island. The team used new drone technology to get the first ever count of the population of penguins on the Danger Islands .

90th Academy Awards is Celebrating with some Oscar veterans on March 4
Mar 03, 2018 - 00:37
Supporting Actress: Allison Janney, I, Tonya (SB, JB, DJC, DL, PM, Joe, Jay, BR); Laurie Metcalf, Lady Bird (JN, TT); Mary J. If nothing else, you can enjoy a delightful sense of schadenfreude when you realise I've got them all spectacularly wrong.

isis-killer-beheading-video-story-top Santa Barbara County sheriff announces mandatory evacuations ahead of storm
Mar 03, 2018 - 00:36
According to Brown, weather officials stated the most significant part of the storm is expected to arrive between 2:00 - 8:00 a.m. The order encompassed Montecito , where a January 9 storm triggered flash floods that destroyed or damaged hundreds of homes.

isis-killer-beheading-video-story-top US State Dept approves delivery of Javelin missile system to Ukraine
Mar 03, 2018 - 00:35
The approval to further arm Ukraine to defend itself dates to Russia's 2014 annexation of the country. Congress will now have 30 days to approve or block the weapons sale.

isis-killer-beheading-video-story-top Prince Harry, Meghan invite public to celebrate wedding
Mar 03, 2018 - 00:35
They will return for a reception with guests of the service before a second reception for friends and family later in the evening. Britain's Prince Harry poses with Meghan Markle in the Sunken Garden of Kensington Palace , London , Britain, November 27, 2017.