![]() ![]() The list was finalized as of 18 March, thus was already partially influenced by the COVID-19 pandemic. In the 34th annual Forbes list of the world's billionaires, the list included 2,095 billionaires with a total net wealth of $8 trillion, down 58 members and $700 billion from 2019 51% of these billionaires had less wealth than they possessed last year. In the 35th annual Forbes list of the world's billionaires, the list included 2,755 billionaires with a total net wealth of $13.1 trillion, up 660 members from 2020 86% of these billionaires had more wealth than they possessed last year. In the 36th annual Forbes list of the world's billionaires, the list included 2,668 billionaires with a total net wealth of $12.7 trillion, down 97 members from 2021. Has not changed from the previous ranking. These lists only show the top 10 wealthiest billionaires for each year. The rankings are published annually in March, so the net worths listed are snapshots taken at that time. Royal families and dictators that have their wealth contingent on a position are always excluded from these lists. However, when a living individual has dispersed his or her wealth to immediate family members, it is included under a single listing provided that individual is still living. įamily fortunes dispersed over a large number of relatives are included only if those individuals' holdings are worth more than a billion dollars. Since stock prices fluctuate rapidly, an individual's true wealth and ranking at the time of publication may vary from their situation when the list was compiled. Known debt is subtracted from assets to get a final estimate of an individual's estimated worth in United States dollars. Privately held companies are priced by the prevailing price-to-sales or price-to-earnings ratios. Finally, positions in a publicly traded stock are priced to market on a date roughly a month before publication. Interviews are conducted to vet the figures and improve the estimate of an individual's holdings. Business deals are then scrutinized and estimates of valuable assets – land, homes, vehicles, artwork, etc. – are made. According to Forbes, they received three types of responses – some people try to inflate their wealth, others cooperate but leave out details, and some refuse to answer any questions. Preliminary surveys are sent to those who may qualify for the list. Įach year, Forbes employs a team of over 50 reporters from a variety of countries to track the activity of the world's wealthiest individuals and sometimes groups or families – who share wealth. In 2022, after topping the list for four years, Bezos was surpassed by Elon Musk. In 2018, Amazon founder Jeff Bezos was ranked at the top for the first time and became the first centibillionaire included in the ranking, surpassing Microsoft founder Bill Gates, who had topped the list 18 of the previous 24 years. This ranking is an index of the wealthiest documented individuals, excluding any ranking of those with wealth that is not able to be completely ascertained. ![]() Royalty and dictators whose wealth comes from their positions are excluded from these lists. The total net worth of each individual on the list is estimated and is cited in United States dollars, based on their documented assets and accounting for debt and other factors. The list was first published in March 1987. ![]() The World's Billionaires is an annual ranking by documented net worth of the wealthiest billionaires in the world, compiled and published in March annually by the American business magazine Forbes.
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