• 03 Mar 2014 at 6:53 PM

Forbes Continues To Insult, Slander Prince Alwaleed

In spite of (or because of?) his protestations last year, Forbes continues to insist that His Royal Highness is worth 50% less than the prince insists he is, thereby denying him his rightful place alongside (and preferably ahead of) Mark Zuckerberg (#21 with $28.5 billion). Instead, Alwaleed (#30 with $20.4 billion) has again been put with the losers who inherited the Mars candy fortune (numbers 31 with about $20 billion each), a few billion behind Carl Icahn (#25 with $24.5 billion) and George Soros (#26 with $23 billion).

Maybe things will be better when the place is under new ownership.

The ranks of the world’s billionaires continue to scale new heights–and stretch to new corners of the world. Our global wealth team found 1,645 billionaires with an aggregate net worth of $6.4 trillion, up from $5.4 trillion a year ago. We unearthed a record 268 new ten-figure fortunes, including 42 new women billionaires, another record. In total, there are 172 women on the list, more than ever before and up from 138 last year.

Bill Gates is back on top after a four-year hiatus, reclaiming the title of world’s richest person from telecom mogul Carlos Slim Helu of Mexico, who ranked No. 1 for the past four years. Gates, whose fortune rose by $9 billion in the past year, has held the top spot for 15 of the past 20 years. Spanish clothing retailer Amancio Ortega (best known for the Zara fashion chain) retains the No. 3 spot for the second year in a row, extending his lead over Warren Buffett, who is again No. 4. American gambling tycoon Sheldon Adelson, who added $11.5 billion to his pile, makes it back into the top ten for the first time since 2007. Another first: A record net worth of $31 billion was needed to make the top 20, up from $23 billion last year.

The World’s Billionaires [Forbes]
Inside The 2014 Forbes Billionaires List: Facts And Figures [Forbes]
Foreign Buyers Eyeing Forbes Magazine, a Chronicler of World’s Wealthiest [NYT]

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Comments (4)

  1. Posted by b. dee | March 4, 2014 at 2:28 AM

    wow alwaleed is so rich and amazing and powerful

  2. Posted by I was there | March 4, 2014 at 8:34 AM

    Prince Alwaleed, fabulous he – Ali Ababwa
    Genuflect, show some respect:
    Down on one knee.
    Now try your best to stay calm,
    Brush off your sunday salaam,
    Then come and meet his spectacular coterie

  3. Posted by E. Fudd, Millionaire | March 4, 2014 at 4:45 PM

    I have a mansion and a yacht

  4. Posted by Camping Quant | March 5, 2014 at 10:54 AM

    That has got to be the nicest tent I have ever seen.