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Jeff Bezos Tops Forbes Billionaires List, Mukesh Ambani At 17th Place

New Delhi:9/4/20:  In COVID-19 times, Amazon Founder and CEO Jeff Bezos have maintained his top slot as world richest man with a net worth of $113 billion, followed by Bill Gates at $98 billion, according to the latest Forbes 34th annual worlds billionaires list. Bernard Arnault, Chairman and CEO of luxury magnate LVMH (LVMHF), moved up the list as the third-wealthiest person with $76 billion fortune. At $67.5 billion, Warren Buffett’s fortune landed in fourth place.

“A notable newcomer to the list is Bezos’ ex-wife, MacKenzie Bezos, who lands at No 22 on the list with a total net worth of $36 billion,” said Forbes.

Amid the COVID-19 outbreak, some of the world’s wealthiest are serving as agents of change and taking action to reinvent their businesses to aid in the global response to the coronavirus outbreak. Billionaires like Gates, Zoom CEO Eric Yuan, Arnault, Brian Chesky, CEO of Airbnb and others are donating towards the global health crisis.

Oracle Founder and CTO Larry Ellison are at fifth position with a net worth of $59 billion. The total combined net worth of this year’s billionaires is $8 trillion, down from $8.7 trillion in 2020.

While 267 people dropped off this year’s list, a record 1,062 individuals have seen a drop in their fortunes, owing to the COVID-19 pandemic and its subsequent economic fallouts.

There are 241 women on the 2020 list, including seven who share their fortunes with their husband, child or sibling.

Reliance Industries’ Chairman Mukesh Ambani has been ranked 17th in the latest world billionaires list by Forbes with a net worth of $44.3 billion – once again leading the tally from India’s perspective.

Mukesh Ambani chairs and runs $88 billion (revenue) oil and gas giant Reliance Industries, among India’s most valuable companies.

Reliance Jio has signed on more than 340 million customers by offering free domestic voice calls, dirt-cheap data services and virtually free smartphones, said the report.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.

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