There were 1,645 known billionaires reported in the annual The World's Billionaires list from Forbes in 2014 according to the Christian Science Monitor. At the top of the list was Microsoft founder Bill Gates with $76 billion in net worth, followed by Mexican telecommunications executive Carlos Slim at $72 billion.Continue Reading
Third on the 2014 list was Amancio Ortega, the owner of clothing retailer Zara, at $64 billion, according to MarketWatch. Fourth and fifth were Berkshire Hathaway chairman and chief executive Warren Buffett ($58 billion) and Oracle founder Larry Ellison ($48 billion). The youngest billionaire on the list was Hong Kong real estate owner Perenna Kei with $1.3 billion, and the richest billionaire under 30 was Facebook founder Mark Zuckerburg with $28.5 billion, according to the Alabama Media Group. The wealthiest woman in 2014 was Christy Walton, daughter-in-law of the Walmart founder, with $36.7 billion in worth.
The average billionaire on the Forbes list in 2014 had a net worth of $4.7 billion, an 11 percent increase from the year before. A total of 268 billionaires made the list for the first time, with the largest number of newcomers being from China, followed by the United States.
Billionaires from Algeria, Lithuania, Tanzania and Uganda were included for the first time ever in 2014. The list excluded individuals whose wealth was owed to a control of a nation's wealth, including royalty and dictators.Learn more about Personal Banking