{"id":38054,"date":"2013-05-17T13:11:55","date_gmt":"2013-05-17T11:11:55","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=38054"},"modified":"2013-05-17T13:15:04","modified_gmt":"2013-05-17T11:15:04","slug":"the-world-has-a-new-richest-man","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/trending\/38054\/the-world-has-a-new-richest-man\/","title":{"rendered":"The world has a new richest man"},"content":{"rendered":"

Microsoft founder and former CEO Bill Gates has overtaken telecom magnate Carlos Slim as the world’s richest man, according to Bloomberg’s Billionaires listing.<\/p>\n

Bloomberg reports that Gates has a net worth of $72.7 billion, beating out Slim’s $72.1 billion.<\/p>\n

Shares in Microsoft\u00a0hit a five year high on Thursday (16 May) to $34.14, its best mark since January 2008, and also\u00a027% higher for the year.<\/p>\n

Investor and CEO of Berkshire Hathaway, Warren Buffett stole past Amancio Ortega into third position with a net worth of $59.7 billion, with Ortega moving into fourth with a worth of $56 billion.<\/p>\n

Earlier this month, Buffett’s Berkshire Hathaway\u00a0reported a quarterly profit rise exceeding 5%, with its shares moving to an all time high.<\/p>\n

Billionaires Bernard Arnault and Li Ka-Shing dropped out of the top 10 list, replaced by Christy and Jim Walton of the Wal-Mart group.<\/p>\n

According to Bloomberg, the total wealth of all the billionaires listed amounts to $2.1 trillion.<\/p>\n

The Bloomberg Billionaires Index is a ranking of the world\u2019s richest people according to their estimated net worth, and is updated daily.<\/p>\n

The index is a dynamic measure of the world\u2019s wealthy based on changes in markets, the economy, and Bloomberg reporting.<\/p>\n

Bloomberg’s top 10 billionaires:<\/h3>\n
\n\n\n\n\n\n\n\n\n\n\n\n\n
Rank<\/strong><\/td>\nName<\/strong><\/td>\nPosition<\/strong><\/td>\nCountry<\/strong><\/td>\nEst. Net Worth
\n<\/strong><\/td>\n<\/tr>\n
1<\/td>\nBill Gates<\/td>\nBill & Melinda Gates Foundation<\/td>\nUSA<\/td>\n\u00a0$72.7 billion<\/td>\n<\/tr>\n
2<\/td>\nCarlos Slim<\/td>\nAmerica Movil<\/td>\nMexico<\/td>\n\u00a0$72.1 billion<\/td>\n<\/tr>\n
3<\/td>\nWarren Buffett<\/td>\nBerkshire Hathaway<\/td>\nUSA<\/td>\n\u00a0$59.7 billion<\/td>\n<\/tr>\n
4<\/td>\nAmancio Ortega<\/td>\nInditex<\/td>\nSpain<\/td>\n\u00a0$56.0 billion<\/td>\n<\/tr>\n
5<\/td>\nIngvar Kamprad<\/td>\nIKEA<\/td>\nSweden<\/td>\n\u00a0$55.6 billion<\/td>\n<\/tr>\n
6<\/td>\nCharles Koch<\/td>\nKoch Industries, Inc.<\/td>\nUSA<\/td>\n\u00a0$45.2 billion<\/td>\n<\/tr>\n
7<\/td>\nDavid Koch<\/td>\nKoch Industries, Inc.<\/strong><\/td>\nUSA<\/td>\n\u00a0$45.2 billion<\/td>\n<\/tr>\n
8<\/td>\nLarry Ellison<\/td>\nOracle<\/td>\nUSA<\/td>\n\u00a0$41.6 billion<\/td>\n<\/tr>\n
9<\/td>\nChristy Walton<\/td>\nWal-Mart<\/td>\nUSA<\/td>\n\u00a0$37.9 billion<\/td>\n<\/tr>\n
10<\/td>\nJim Walton<\/td>\nWal-Mart<\/td>\nUSA<\/td>\n\u00a0$36.1 billion<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n

Source: Bloomberg<\/a><\/small><\/p>\n

More on the world\u2019s rich elite<\/h3>\n

Mapping the world\u2019s billionaires<\/strong><\/a><\/p>\n

The world\u2019s richest people<\/a><\/strong><\/p>\n

Tech\u2019s youngest billionaires<\/strong><\/a><\/p>\n

Richest IT people in South Africa<\/strong><\/a><\/p>\n

South Africa\u2019s richest people<\/a><\/strong><\/p>\n

Forbes lists Africa\u2019s power players<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Bill Gates has overtaken Carlos Slim as the world’s richest man.<\/p>\n","protected":false},"author":10,"featured_media":7276,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1851,1850,1237,26,5038,4900],"class_list":["post-38054","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trending","tag-bill-gates","tag-bloomberg","tag-carlos-slim","tag-headline","tag-rich-list","tag-warren-buffett"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/38054","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=38054"}],"version-history":[{"count":4,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/38054\/revisions"}],"predecessor-version":[{"id":38063,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/38054\/revisions\/38063"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/7276"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=38054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=38054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=38054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}