Microsoft co-founder Bill Gates has topped Forbes magazine’s list of richest people in the world, a report said on Monday.
Forbes said in the report that Gates, who had been in the 16th position in the past 21 years, had an estimated fortune of $79.2 billion, $3.2 billion more than last year’s.
Forbes noted that his net worth grew in spite of a gift in November of $1.5 billion of shares in Microsoft to his charity, the Bill & Melinda Gates Foundation.
“Telecommunications magnet, Carlos Slim of Mexico is in the second spot again, while star U.S. investor, Warren Buffett, is third.”
The magazine, which compiled the list for 29 years, said it found a record 1,826 billionaires in the world in 2014 and 290 were newcomers, including 71 from China.
The average net worth of people on the list is $3.86 billion, which the magazine says is down $60 million from the 2014 average.
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