Women Billionaires Made It On Forbes Annual Ranking

Mar 10, 2018, 00:25
Women Billionaires Made It On Forbes Annual Ranking

According to Forbes, India is home to 119 billionaires, 18 more than past year. This exclusive club of the world's super-rich is collectively worth $9.1 trillion, according to Forbes' latest The World's Billionaires report, an 18 percent increase from the 2017 list.

"This elite group is worth $9.1-trillion, up 18% since a year ago".

Forbes describes McMahon as a self-made made who grew up in a trailer park and they mentioned he bought his father's company after ten years of working at the wrestling promotion.

The Amazon founder moved ahead of Bill Gates, who is now the second richest person globally with a fortune of $90 billion. He was ranked 1,477th globally, with a wealth of $1.6 billion.

In fact, with a fortune of $112 billion, Jeff is also the first centi-billionaire in the Forbes list.

The software entrepreneur Azim Premji moves to the second richest Indian spot in 2018, passing Lakshmi Mittal, the global steel tycoon, according to the magazine.

The Indian-origin Hinduja Family with $19.5 billion net worth figured at the 55th position in the global list.

Egypt topped the list with businessman Nassif Sawiris with a net fortune of $6.6 billion.

Speak your thoughts on the news and stay tuned for much more from Forbes, Amazon and Jeff Bezos coming soon.

U.S. President Donald Trump's ranking on the list fell to 766th place from 544th in the last edition, his wealth now being estimated at $3.1 billion, $400 million less than a year ago.

There were 259 newcomers, including the first ever cryptocurrency billionaires. Construction magnate Pallonji Mistry, who is listed as Irish, is ranked 66th with $17.8 billion.

Forbes said its list was based on stock prices and exchange rates from February 9, 2018.