Cook Group CEO leads smaller list of IN billionaires

Reliance Industries Ltd chairman Mukesh Ambani

Chandler's wealth dropped this year from US$2.45b in 2016. Of those, 53 are Californians. Right after he figures out how America will pay for that border wall.

The United States boasted the most billionaires on the list with 565, beating China's 319 and Germany's 114. Gates retained his top spot for the fourth year in a row and has been the richest person in the world for 18 out of the past 23 years.

Bill Gates tops the list with an estimated net worth of $86 billion. He's been selling shares of Microsoft for years and investing in a variety of assets plus stocks like hygiene firm Ecolab, tractor maker Deere and Canadian Pacific Railway.

Gates has a fortune of $86 billion, up from $75 billion previous year, followed by Berkshire Hathaway chief Warren Buffet with a new worth of $75.6 billion.

The Microsoft founder's net worth is $86 billion, up from $75 billion past year. Bezos, 53, has topped additional Forbes' lists, including its Most Powerful People (No.14 in 2016) and its Richest in Tech list (No.2 in 2016).

Facebook founder Mark Zuckerberg was number five and Oracle co-founder Larry Ellison was number seven. His net worth was estimated at $2.5 billion. Zuckerberg and wife, Priscilla Chan, recently announced that they planned on giving away 99 percent of their stake in the social media giant over the course of their lifetimes.

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The US president also would have missed the big stock market rally following his election, "assuming Trump sold off all of his stocks during last year's campaign, as he has claimed", the magazine said.

Former trade minister Robert Ongpin, meanwhile, notched the 1795 spot in the list with his $1.1 billion net worth.

The richest self-made woman on the list is Zhou Qunfei of China, who founded Shenzhen-listed Lens Technology, which makes glass covers for smartphones and counts Apple and Samsung as customers.

James K. Irving, who comes in at 179th with a fortune pegged at $7.6 billion US.

The top 20 billionaires have a combined net worth of $938.4 billion, up from $826.5 billion in 2016.

More than a few these fabulously rich folks have local ties, including Medford native and former New York Mayor Michael Bloomberg, whose $47.5 billion in the bank is good enough for 10th on the list.

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