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A billionaire is a person with a net worth of at least one billion units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. It is a sub-category of the concept of the ultra high-net-worth individual. The American business magazine Forbes produces a global list of known U.S. dollar billionaires every year and updates an internet version of this list in real time. The American oil magnate John D. Rockefeller became the world's first confirmed U.S. dollar billionaire in 1916.
Black billionaires are individuals who are of predominantly African ancestry with a net worth of at least US$1 billion.
The World's Billionaires is an annual ranking of people who are billionaires, i.e., they are considered to have a net worth of US$1 billion or more, by the American business magazine Forbes. The list was first published in March 1987. 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. Royalty and dictators whose wealth comes from their positions are excluded from these lists. 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.
The World's Billionaires 2024 edition was 26th annual ranking of The World's Billionaires by Forbes magazine. The list estimated the net worth of the world's richest people, excluding royalty and dictators, as of February 14, 2024. It was released online on March 7, 2024.
The World's Billionaires 2015 edition was the 29th annual ranking of The World's Billionaires by Forbes magazine. The list estimated the net worth of the world's richest people. The new list was released online on March 2, 2015. As of 2015, Bill Gates had been placed at the top of this list 16 times.
References
- ↑ "The World's Billionaires". Forbes. Retrieved 14 May 2023.