World’s Billionaires 2017: Dangote, Adenuga Soar, Amazon CEO Reigns
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Forbes 2017 world’s billionaires list has been released which briefly had Amazon CEO as the richest man with a fortune of over $90 billion, overtaking Bill Gates.
In the list, President of the Dangote Group, Alhaji Aliko Dangote, saw his net worth increase by $162m to $16.2bn while the net worth of the Chairman of Globacom, Dr. Mike Adenuga, rose by $7m to $6.2bn.
However, Africa’s richest woman, Folorunsho Alakija, who is the founder and Executive Chairman of Famfa Oil Limited, had her net worth unchanged at $1.6bn.
The new king, Amazon CEO, who started selling books from his garage 22 years ago, had a net worth of over $89 billion as of the close of markets Wednesday, while Microsoft co-founder Bill Gates had a net worth of just over $90 billion.
But on Thursday, Amazon’s stock slipped, in response to the company’s second-quarter earnings miss, and Bezos lost his top spot. However, the Amazon CEO remains fantastically wealthy, of course, and continues to marshal a business that is remaking the world with its operational prowess.
Amazon isn’t Jeff Bezos’ only business.The founder of the online retail giant is also behind Blue Origin, a space-travel company. Bezos has actually been using $1 billion worth of Amazon stock each year to fund the effort.
The other three men who make up the five richest in the world are investor Warren Buffet, Zara founder Amancio Ortega and Facebook founder Mark Zuckerberg.
Bill Gates has topped Forbes list of the world’s billionaires for 18 out of the past 23 years. However, his recent dethroning isn’t the first time that someone else has taken the top spot. Other billionaires have overtaken him before, but he has always come back ahead.
Unlike many of the world’s richest people, Bezos has not signed the Giving Pledge, a campaign launched in 2010 by Buffett and Gates to encourage the world’s wealthiest people to contribute the majority of their money to philanthropic efforts.
More than 150 have done so, including many in the tech elite such as; Oracle co-founder Larry Ellison, Facebook co-founder Mark Zuckerberg and his wife Priscilla Chan, and Tesla CEO Elon Musk. Rather, Bezos maintains a web site listing some of his philanthropic investments at Bezos Expeditions.
The fifth richest person in the world is Facebook CEO Mark Zuckerberg’s whose net worth went up by $4 billion in a single day. Zuckerberg’s total fortune is now worth $72.7 billion, according to Forbes, letting him overtake Mexican businessman Carlos Slim on the publication’s billionaires list.
Much of Zuckerberg’s net worth is tied up in Facebook shares, meaning it rises and falls with the company’s stock price. Facebook’s shares jumped Thursday after a strong earnings report. Zuckerberg’s net worth has increased by $24 billion since the start of the year.
The World’s Billionaires 2017 list celebrates the 30th anniversary of Forbes’ list. It got its start in 1987 and there have only been seven different billionaires that have taken the top spot on the list.
Lateysha Grace of Big Brother fame very narrowly avoided an unsightly wardrobe malfunction as she took to the beach in Ibiza today. The 24-year-old reality TV star squeezed her curves into a dangerously high-cut orange swimsuit. The one-piece cut high at the front causing Lateysha to flash a camel toe as she larked about on the beach. The former MTV The Valleys star strolled across the sand with her friend Erin Budina – who coordinated in an orange bikini. Lateysha wore her dark hair down and wore an oversized pair of aviator glasses for the stroll. The girls took a dip in the ocean together – both careful not to get their hair wet. They then messed around on the sand, and Erin couldn’t resist leaving some sandy hand prints on her friend’s peachy derriere. Lateysha proudly displayed the cheeky marks as she took her seat on a boat. Lateysha has always seemingly been body confident – she regularly stripped off on The Valleys, even getting a pubic tattoo on camera –...
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