Listen to this article

00:00
00:00

The global super-rich became even wealthier over the past 12 months, with figures from the latest Forbes billionaires list revealing that the total net wealth of the 2,043-strong members of the elite club rose to $7.7tn in 2017.

In 2016, there were 1,810 billionaires worth a total of $6.5tn, with an average wealth of $3.6bn. The 2017 list are richer, Forbes revealed, with the average billionaire now worth $3.8bn.

Bill Gates tops the list for the fourth consecutive year with an estimated $86bn fortune – an increase of $11bn since last year.

Jeff Bezos, founder and chief executive of Amazon, the online retailer, is the fastest gainer. His wealth increased by $27.6bn over the year to a total net wealth of $72.8bn.

Two hundred and twenty-seven women make the 2017 list, up from 202 a year earlier. Zhou Qunfei, founder of Lens Technology, the touchscreen manufacturer, is the wealthiest self-made woman, and Alexandra Andresen, 20, and her sister Katharina Andresen, 21, from Norway, are the youngest on the list, both worth $1.2bn.

The US has the most billionaires, with its 565 topping Europe’s 530. China individually now has 319, and the Asia-Pacific region can now claim to be home to the most super-rich, with 720 billionaires in total.

Copyright The Financial Times Limited 2017. All rights reserved.
myFT

Follow the topics mentioned in this article

Follow the authors of this article

Comments have not been enabled for this article.