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There are more billionaires now than in any point in history. Trump is still one of them.by Circa News
Economics & Business

It's been a good year for the 1 percent. Or maybe the 0.01 percent.

Forbes reports its yearly list of billionaires is longer than ever, with 2,043 people worth more than $1 billion. That's 233 more than its 2016 count, the biggest jump in the history of the publication's list.

Bill Gates, founder of Microsoft, retained his position atop the list, worth $86 billion. Jeff Bezos, founder of Amazon, had the biggest increase, adding $27.6 billion to his net worth, now $72.8 billion.

Here's the top five, as of March 20:

  1. Bill Gates, founder of Microsoft ($86 billion)
  2. Warren Buffett, Berkshire Hathaway chairman and investor ($77.3 billion)
  3. Amancio Ortega, Zara clothing line founder ($74.1 billion)
  4. Jeff Bezos, Amazon founder ($73.8 billion)
  5. Carlos Slim Helu, multiple businesses ($59.3 billion)

Facebook founder Mark Zuckerberg briefly claimed the fifth spot, but was ousted by Slim between the date of Forbes' data-gathering and now.

Other highlights

  • 195 first-time billionaires made the cut.
  • China had the most new billionaires with 76.
  • The U.S. has the most billionaires with 565, a record. 
  • 78 people fell off the billionaire list. 20 died last year, including Little Caesar's founder Mike Ilitch.
  • Four new self-made billionaires are in their 20s, including the co-founders of Snapchat.
  • 15 self-made women made the list. 14 of them are from Asia.
  • President Trump ranks 565th with a net worth of $3.5 billion.

WATCH | Gates is staggeringly wealthy. We tried to put that in context.

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