12 from Michigan make the 2017 Forbes World's Billionaires list
- by Virginia Carter
- in World Media
- — Mar 30, 2017
At the top is a longtime staple of the Forbes list, Microsoft co-founder Bill Gates, with a net worth of $86 billion.
New Zealand's richest man, Graeme Hart, has climbed 45 places on the Forbes list of the world's billionaires with an estimated wealth of $US9.5 billion ($13.5 billion) this year.
Chaudhari, who made his debut in the Forbes billionaire list in 2013, saw his fortune increase by US$ 210 million a year ago. Gates' fortune is estimated to have increased to $86 billion, a jump from $75 billion a year ago.
For the first time, India has more than 100 super rich individuals.
Coming in at 17th on the CT list and 1,940th on the global list is William Macaulay of Greenwich, with a net worth of $1 billion. With 319 billionaires, China is second on the list.
Chicago billionaire Sam Zell came in at No. 324, with a round $5 billion in net worth, while the world's most famous real estate billionaire, Donald Trump, placed at No. 544, with $3.5 billion in assets, according to Forbes. The English edition of his autobiography, Making it Big, was published past year.
The founder of Facebook, Mark Zuckerberg, moved up to number five for the first time, after his fortune rose by $11.4bn in 12 months.
The US president also would have missed the big stock market rally following his election, "assuming Trump sold off all of his stocks during last year's campaign, as he has claimed", the magazine said. He dropped 220 spots for losing about $1 billion of his 2016 net worth ($4.5B), though.
Forbes' annual list of the world's billionaires was released Monday, and it includes several MA connections.
According to Forbes, Trump is now on the 544th spot because of the significant drop in his net worth, brought by the impact of the declining NY real estate market on his holdings. The combined fortunes of this year's billionaires totaled to $7.67 trillion, up from $6.48 trillion in 2016. It is the fourth consecutive year that the 61-year-old has held the spot. Once Trump gets wind of this news he'll utilizing executive power to make more money in his business interests.
Asia-Pacific boasts the most number of billionaires at 720, followed by the USA with 565 and Europe with 530.
