20 richest people in the world, according to Forbes 2018 billionaires list

Wednesday, Mar 07, 2018

Amazon chief Jeff Bezos is now the world's richest person, having snatched the top spot from Microsoft founder Bill Gates who slips to second place, according to Forbes magazine's annual billionaires list published Tuesday (March 6). US President Donald Trump's ranking on the list fell to 766th place from 544th in the last edition, his wealth now being estimated at US$3.1 billion (S$4 billion), US$400 million less than a year ago.

Thanks to a 59-per-cent rise in Amazon shares over the past 12 months, Bezos almost doubled his fortune, taking it to US$120 billion, way ahead of Gates's US$90 billion - the biggest gap ever between the number one and two spots, Forbes said.

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Click on the photos below to see who are the 20 richest people in the world.

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