The World's Billionaires is an annual ranking by documented net worth of the wealthiest billionaires in the world, compiled and published in March annually by the American business magazine Forbes. The list was first published in March 1987. The total net worth of each individual on the list is estimated and is cited in United States dollars, based on their documented assets and accounting for debt and other factors. Royalty and dictators whose wealth comes from their positions are excluded from these lists. This ranking is an index of the wealthiest documented individuals, excluding any ranking of those with wealth that is not able to be completely ascertained.
As of 2018, Microsoft founder Bill Gates had topped the list 18 of the past 24 years, while Amazon founder Jeff Bezos was ranked at the top for the first time and he became the first centibillionaire included in the ranking.
Methodology
Each year, Forbes employs a team of over 50 reporters from a variety of countries to track the activity of the world's wealthiest individuals and sometimes groups or families – who share wealth. Preliminary surveys are sent to those who may qualify for the list. According to Forbes, they received three types of responses – some people try to inflate their wealth, others cooperate but leave out details, and some refuse to answer any questions. Business deals are then scrutinized and estimates of valuable assets – land, homes, vehicles, artwork, etc. – are made. Interviews are conducted to vet the figures and improve the estimate of an individual's holdings. Finally, positions in a publicly traded stock are priced to market on a date roughly a month before publication. Privately held companies are priced by the prevailing price-to-sales or price-to-earnings ratios. Known debt is subtracted from assets to get a final estimate of an individual's estimated worth in United States dollars. Since stock prices fluctuate rapidly, an individual's true wealth and ranking at the time of publication may vary from their situation when the list was compiled.
Family fortunes dispersed over a large number of relatives are included only if those individuals' holdings are worth more than a billion dollars. However, when a living individual has dispersed his or her wealth to immediate family members, it is included under a single listing provided that individual is still living Royal families and dictators that have their wealth contingent on a position are always excluded from these lists.
Annual rankings
The rankings are published annually in March, so the net worths listed are snapshots taken at that time. These lists only show the top 10 wealthiest billionaires for each year.
2021
In the 35th annual Forbes list of the world's billionaires, the list included 2,755 billionaires with a total net wealth of $13.1 trillion, up 660 members from 2020; 86% of these billionaires had more wealth than they possessed last year.
1 Jeff Bezos $177 billion
2 Elon Musk $151 billion
3 Bernard Arnault & family$150 billion
4 Bill Gates $124 billion
5 Mark Zuckerberg $97 billion
6 Warren Buffett $96 billion
7 Larry Ellison $93 billion
8 Larry Page $91.5 billion
9 Sergey Brin $89 billion
10 Mukesh Ambani $84.5 billion
2020
In the 34th annual Forbes list of the world's billionaires, the list included 2,095 billionaires with a total net wealth of $8 trillion, down 58 members and $700 billion from 2019; 51% of these billionaires had less wealth than they possessed last year.[10] The list was finalized as of 18 March, thus was already partially influenced by the COVID-19 pandemic.
1 Jeff Bezos $113 billion
2 Bill Gates $98 billion
3 Bernard Arnault & family $76 billion
4 Warren Buffett $67.5 billion
5 Larry Ellison $59 billion
6 Amancio Ortega $55.1 billion
7 Mark Zuckerberg $54.7 billion
8 Jim Walton $54.6 billion
9 Alice Walton $54.4 billion
10 S. Robson Walton $54.1 billion
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