Hart climbs up Forbes billionaire list

Cornelia Mascio
Marzo 21, 2017

The other two being the co-founders of Snapchat.

Tech pioneer Bill Gates has kept his crown as the world's richest person, while US President Donald Trump dropped more than 200 spots on the list of the world's richest billionaires compiled by Forbes magazine.

Forbes' annual list of the world's billionaires was released Monday, and it includes several MA connections.

The Microsoft founder's net worth is $86 billion, up from $75 billion a year ago. Gayle Cook had previously made regular appearances on Forbes' lists until she transferred her wealth to her son.

Gates' fortune is estimated to have increased to $86 billion, a jump from $75 billion past year.

Amancio Ortega, a Spanish retailer, best known for the Zara fashion line, falls to No.4 with a $71.3 billion fortune and Facebook CEO Mark Zuckerberg comes in at fifth at $56 billion. Read his NBR Rich List profile here.

Bill Gates topped the list at $86 billion.

The magazine calculates the president's net worth at $3.5 billion, putting him at 544 on its list of billionaires.

Forbes has tracked Trump's net worth since 1982, and previous year he attained a personal high on the list with a ranking of 121.

Garrett Camp, the chairman of Uber, has an estimated fortune of $6.3 billion USA, putting him 226th on the Forbes list.

The one exception is Mexican billionaire Carlos Slim, who ranks sixth on the list.

Due to his taking a civil service job that pays about $500,000 per year - and distancing himself from his corporate empire - U.S. President Donald Trump remained on the list and became the first sitting president to appear on it.

Forbes also said Trump's wealth was hit by $66 million in political spending on his successful presidential campaign, as well as $25 million to settle litigation he allegedly ripped off students at Trump University.

Others are, Yoshiko Shinohara of Japan, who began a staffing firm to help women get into the workforce, Manny Stul of Australia, whose toy company created the Shopkins collectibles, American Yvon Chouinard, the founder of Patagonia, and Juan Francisco Vidal of Mexico, who's the chairman of tequila giant Jose Cuervo.

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