World Billionaires

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. World Billionaires A billionaire is a person with a net worth of at least one billion (1,000,000,000, i.e. a thousand million) units of a given currency, usually of a major currency such as the United States dollar, the euro, or the British pound. The American business magazine Forbes produces a global list of known U.S. dollar billionaires every year and updates an Internet version of this list in real time. The American oil magnate John D. Rockefeller became the world's first confirmed U.S. dollar billionaire in 1916, and still holds the title of history's second wealthiest individual. As of 2018, there are over 2,200 U.S. dollar billionaires worldwide, with a combined wealth of over US$9.1 trillion, up from US$7.67 trillion in 2017. According to a 2017 Oxfam report, the top eight richest billionaires own as much combined wealth as "half the human race". In the 2020s, several people have been U.S. dollar centibillionaires, meaning that each has had a net worth of at least $100 billion According to the UBS/PwC Billionaires Report 2019 report released in November 2019, there are currently 2,101 U.S. dollar World Billionaires worldwide, from 66 countries, with a combined net worth of $8.5 trillion. The majority of billionaires are male, as fewer than 11% (197 of 1,826) on the 2015 list were female billionaires. The United States has the largest number of billionaires of any country, with 536 as of 2015, while ChinaIndia and Russia are home to 213, 90 and 88 billionaires, respectively. As of 2015, only 46 billionaires were under the age of 40, while the list of American-only billionaires, as of 2010, had an average age of 66.

2019
In 2019 there were a record 607 billionaires in the U.S. This group includes 14 of the world's 20 richest people. Jeff Bezos was number 1 in the world, followed by Elon Musk, and Bernard Arnault and family at number 3. In January 2021, Musk ascended to the top of the list. According to a 2016 Oxfam report, the wealth of the poorest 95% dropped by 38% between 2010 and 2015, due to an increase in the global population of 400 million. In the same period, the wealth of the richest 62 people between the World's Billionaires increased by $500bn (£350bn) to $1.76tn. More recently, in 2017 an Oxfam report noted that just eight billionaires have as much net worth as "half the human race". However, the Oxfam report has been criticized for considering debt as negative wealth, which leads to wealthy people with large amounts of debt to be considered poor or not wealthy.

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