There are now even more billionaires in the world, according to the annual Forbes’ World’s Billionaires List for 2015. One of the newcomers is hall of fame basketball player Micheal Jordan, coming in on the list at number 1,741, far behind Bill Gates who remains number on the list with a net worth of $79.2 billion. Gates is followed by billionaire Carlos Slim Helu, a Mexican telecommunications mogul, with a net worth of $77.1 billion, and Warren Buffett with $72.7 billion in net worth.
The 2015 lineup was a record for Forbes, with 1,826 individuals making the list, up from 1,645 in the previous year. Although the average worth per person is down $60 million from last year, to $3.86 billion, the entire net worth of all billionaires increased to $7.05 trillion, up from $6.4 trillion in 2014. To put this into perspective, the total wealth of all billionaires is equal to double the gross domestic product (GDP) for Germany, the largest economy in the European Union. According to Oxfam, a worldwide poverty organization, the expanding assets and rising number of billionaires could lead to a wealth gap of the world’s 1 percent overtaking the 99 percent by 2016.
A record 197 women made their mark to be on the billionaires list for 2015, increasing from 172 last year. Moreover, like Jordan, there were also a record 290 billionaire newbies.
By Alex Lemieux
Photo by Reinhard Schuldt – Flickr License