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Did you know that the richest man in the world is…

Remember that feeling when you last saw Bill Gates was the richest man in the world ? Well, you can feel it again, because for the 16th time, he has be named the richest man in the world by Forbes magazine.

Richest man in the world picture source: http://postdefiance.com/

Richest man in the world picture source: http://postdefiance.com/

Rising by just over $3 billion, his new worth is at $79 billion securing his top spot just above Mexican businessman Carlos Slim. Currently, we’re at the record high with 1,826 billionaires, with 181 more in the past 12 months.

For the last 21 years, Bill Gates has been named at the top of the list for 16 of them. Meanwhile, Warren Buffet, a recognised US investor is still in third place with a net worth of just under $73bn.

Forbes 2015 ranking of richest people:
1. Bill Gates $79.2 billion (Microsoft Corporation)
2. Carlos Slim Helu $77.1 billion (Phones and construction in Mexico)
3. Warren Buffett $72.7 billion (Global investor)
4. Amancio Ortega $64.5 billion (Zara and other fashion chains)
5. Larry Ellison $54.3 billion (Oracle data storage technology)
6. Charles Koch $42.9 billion (Industrialist)
7. David Koch $42.9 billion (Industrialist)
8. Christy Walton $41.7 billion (Walmart retail giant)
9. Jim Walton $40.6 billion (Walmart retail giant)
10. Liliane Bettencourt $40.1 billion (L’Oreal cosmetics firm)

What you need to get on this list has actually decreased this year by about $2bn, down to $29bn. However, this is still dominated by US tech firms, with six of the top twenty richest men being the founders and chief executives of technology firms.

You may be surprised to hear that Mark Zuckerberg, founder of Facebook, is only at number 16 in the rankings, even having moved up five places. However, this is the first time he has been in the top 20 richest people!

The co-founder of Snapchat hits the list, at 24 years old, is the youngest of the richest people, with $1.5 billion! Snapchat isn’t the only new technology product earning people lots though! There are 23 more billionaires this year, thanks to Silicon Valley, which includes another new technology product Uber.

Not only are those in technology among the top, but the US and China seem to be producing billionaires, with 15 out of the top 20 from US, and 71 of 290 new billionaires coming from China.

Not all is positive though, with 138 dropping out of the ranks – maybe they are giving some of their fortune to charity, like Tim Cook, or maybe they’re just spending more on private yachts and mansions!

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