Forbes on Monday released its 31st Annual World’s Billionaires List, which includes 2,043 billionaires in the rankings.
"It was a record year for the richest people on earth, as the number of billionaires jumped 13% to 2,043 from 1,810 last year, the first time ever that Forbes has pinned down more than 2,000 ten-figure-fortunes. Their total net worth rose by 18% to $7.67 trillion, also a record," according to the magazine.
"The change in the number of billionaires - up 233 since the 2016 list - was the biggest in the 31 years that Forbes has been tracking billionaires globally. Gainers since last year’s list outnumbered losers by more than three to one," it added.
For the fourth year in a row Bill Gates remains in the top spot. He has been the richest person in the world for 18 times out of the past 23 years. Gates has a fortune of $86 billion, up from $75 billion last year.
Warren Buffett, worth $75.6 billion, up from $60.8 billion in 2016, reclaimed the No. 2 slot, after a two-year hiatus.
Amazon CEO Jeff Bezos is the biggest dollar gainer on Forbes’ List, in a year when 56 percent of billionaires saw their fortunes increase. With a net worth of $72.8 billion, Bezos is now the third richest billionaire in the world. Last year, Bezos cracked the ranks of the top 10 richest billionaires in the world for the first time, ranking fifth on Forbes 2016 World’s Billionaires List.
Spanish clothing retailer Amancio Ortega (best known for the Zara fashion chain) drops to No. 4, despite his net worth increasing to $71.3 billion.
Rounding out the top five is Facebook’s Mark Zuckerberg, worth $56 billion.
Forbes also released that now U.S. President Trump ranks No. 544 on the list, worth $3.5 billion. In October 2016, at the time of the release of the 2016 Forbes 400 list of wealthiest Americans, Forbes valued Trump’s net worth at $3.7 billion.
The List featured 195 newcomers with China had the most new ten-figure fortunes - 76, while the U.S. was second with 25.
Altogether there are 227 women on the list, including 10 who cofounded or own businesses with a spouse or a brother and thus share the fortune. For the second year running, France’s Liliane Bettencourt is the world’s wealthiest woman with a $39.5 billion net worth and is ranked No. 14.
The U.S. continues to have more billionaires than any other nation, with a record 565, up from 540 a year ago. China is catching up with 319 (Hong Kong has another 67, and Macau 1). Germany has the third most with 114 and India, with 101, the first time it has had more than 100, is fourth.