Six from Tampa Bay make list of Forbes billionaires; Bezos tops list

Trump takes nosedive on Forbes billionaires list

Bezos' seized the top spot from Microsoft founder Bill Gates this year with a net worth of $112 billion.

This year's list contains billionaires from 72 different countries and territories, with moguls from Zimbabwe and Hungary appearing on the ranking for the first time. Shares of his e-commerce giant Amazon rose 59% in 12 months, helping boost his fortune by $39.2 billion.

The list is published in Forbes's latest edition under the headline "The super-rich continue to get richer, widening the gap between them and everyone else".

Legendary investor Warren Buffett held on to his number three ranking, followed by French industrialist Bernard Arnault, who jumped to fourth-richest person from his previous number 11 spot, mostly thanks to euro strength against the dollar, the magazine said. France's Bernard Arnault of luxury goods group LVMH is the richest person from outside of the U.S. with a $72 billion fortune.

This year's Forbes magazine's rich list has shown Donald Trump to slip 200 places from the 544th richest person in 2017 to 766th in 2018.

The improvement in Mr Bezos' fortune is the biggest on record.

There are 53 billionaires in the United Kingdom, according to Forbes, down from 54 in 2017, with the Hinduja family - who have a raft of business interests - highest placed at 55th with $19.5bn.

"The power of the Trump brand seems to be fading in markets like Toronto and NY, where investors have removed the president's name from hotels".

"This elite group is worth $9.1 trillion, up 18% since a year ago".

Forbes said a record 35 people have joined the list of the world's billionaires, with the magazine calculating there are now 2,208 people with a net worth of more than $1 billion. Gates placed second with a net worth of $90 billion.

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