Update from Bloomberg – Top 500 Billionaires, March 2017

Update from Bloomberg – Top 500 Billionaires, March 2017

Bloomberg's Top 500 Billionaires
Bloomberg's Top 500 Billionaires

We have entered the 3rd month of 2017, and the top 5 wealthiest billionaires in the world still hold onto their top spots.

Bill Gates remains as the wealthiest man in the world, and his wealth is increasing – it has risen by 3.9% this year alone.

Warren Buffet has made $147 million in losses this year so far, but he still remains secure as the 2nd wealthiest. Jeff Bezos has made increases of over 12.5% and is stable at 3rd position.

Amancio Ortega has made losses of $2.88 billion but still rides ahead of Mark Zuckerberg in 4th place. Zuckerberg remains steady as the 5th wealthiest man in the world, and his Facebook empire is still on the rise. His wealth has risen by an amazing $9.11 billion this year.

Up and coming billionaire, Wang Wei, began publicly trading his delivery company, SF Express, in January this year. This shot his wealth upward dramatically, and just this year his worth increased by $19.9 billion. A self-made billionaire, he founded the largest delivery company in China.

Hi-tech is still the most lucrative industry in the world. Bill Gates, Jeff Bezos and Mark Zuckerberg attest to its stability as a wise choice to enter into it. These men hold steady as 3 of the wealthiest men on earth.

However, most billionaires on the list have acquired their wealth by diversifying. Carlos Slim and the Koch brothers Charles and David sit steadily on the list of the top 10 billionaires in the world. Spreading their wealth into many pots has proven wise.

The youngest billionaire on the list is Evan Spiegel, founder of Snapchat. Self-made, investors are rushing to invest in his company. At only 27, Snap is now valued at $20 billion. The company also boasts Alibaba as a large investor.

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