Bill Gates tops Forbes' rich list, President Trump slips

Bill Gates is the richest person in tech

There are almost 20 people of Indian-origin who have made fortunes in various nations across the world, led by UK-based Hinduja brothers ranked 64th with $15.4 billion net worth, Indian-born tycoon Pallonji Mistry, who controls the 152-year-old Mumbai-headquartered engineering giant Shapoorji Pallonji Group at the 77th spot with $14.3 billion net worth and petrochemicals major Indorama co-founder Sri Prakash Lohia at the 288th spot with $5.4 billion net worth.

13, 2016 meeting with Donald Trump at Trump Tower in NY. Mukesh Ambani leads the list among the Indians at 33rd spot with a fortune of $23.2 billion, followed by Lakshmi Mittal ($16.4 billion) at No. 56, Azim Premji ($14.9 billion) at 72, and Dilip Shanghvi ($13.7 billion) at 84.

Perhaps the world's most influential billionaire, Donald Trump, did not fare well on the list.

Bill Gates: The 61-year-old Microsoft co-founder took the top spot on this year's list.

There were 195 newcomers. Details about the exchage weren't immediately available, but Gates Foundation spokeswoman Sarah Logan said in an email before the meeting that Gates would be talking with US government officials about development initiatives. Eight of the top 10 billionaires in the world are from the U.S. Last year's list had 1,810 billionaires.

More news: Former Deputy First Minister Martin Mc Guinness has died

New Australian billionaire Manny Stul may not be a familiar name yet, but his popular Shopkins, grocery-inspired plastic collectibles with names like Kris P. Lettuce and Posh Pear, are a huge hit with American kids. They are the 315th richest in the world. But the list also contained 15 new "self-made" women, mostly from Asian countries, including Vietnam's Nguyen Thi Phuong Thao of budget airline VietJet air.

In total there are 227 women on the list, 10 of whom co-founded a business with a brother or male partner and therefore share their fortune. China is catching up with 319.

Like Goodnight and Sall, billionaires had a good year in 2016 with more people than ever cracking the billion-plus fortune club. The one exception is Mexican billionaire Carlos Slim, who ranks sixth on the list.

Simon, 82, the co-founder of Simon Property Group, has a net worth estimated at $2.8 billion, the same as a year ago, Forbes said. Some fortunes have changed considerably since then.

There were 183 tech billionaires in all, with their combined wealth estimated at US$1 trillion.

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