The World's Billionaires
The World's Billionaires is an annual ranking by the American business magazine Forbes of people who are billionaires, i.e., they are estimated to have a net worth of US$1 billion or more. The list was first published in March 1987.[1] The net worth of each individual is cited in United States dollars, based on their documented assets, and accounting for debt and other factors. This ranking excludes royalty and dictators whose wealth comes from their positions,[2] as well as people whose wealth is not able to be completely ascertained.[3]
In 2018, Amazon founder Jeff Bezos was first ranked at the top and became the first centibillionaire included in the ranking,[4] surpassing Microsoft founder Bill Gates, who had topped the list 18 of the previous 24 years.[5] In 2022, Bezos was surpassed by Elon Musk.[6] In 2023, Musk was surpassed by French businessman Bernard Arnault, the first French person to top the list.[7] In 2025 and 2026, Musk once again topped the list.[8]
Methodology
Each year, Forbes employs a team of over 50 reporters from a variety of countries to track the activity of the world's wealthiest individuals[9] and sometimes groups or families – who share wealth. Preliminary surveys are sent to those who may qualify for the list. 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.[10] Business deals are then scrutinized and estimates of valuable assets – land, homes, vehicles, artwork, etc. – are made. Interviews are conducted to vet the figures and improve the estimate of an individual's holdings. Finally, positions in a publicly traded stock are priced to market on a date roughly a month before publication. Privately held companies are priced by the prevailing price-to-sales or price-to-earnings ratios. Known debt is subtracted from assets to get a final estimate of an individual's estimated worth in United States 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.[9]
When a living individual has dispersed their wealth to immediate family members it is included under a single listing (as a single "family fortune") provided that individual (the grantor) is still living. However, if a deceased billionaire's fortune has been dispersed, it will not appear as a single listing, and each recipient will only appear if their own total net worth is over a $1 billion (their net worth will not be combined with family members').[9] Royal families and dictators that have their wealth contingent on a position are always excluded from these lists.[11]
Annual rankings
The rankings are published annually in March, so the net worths listed are snapshots taken at that time. There are thousands of billionaires on the Forbes list; the excerpts below show only the wealthiest 10 for each year.
- Legend
| Icon | Description |
|---|---|
| Template:Steady | Has not changed from the previous ranking. |
| Template:Profit | Has increased from the previous ranking. |
| Template:Loss | Has decreased from the previous ranking. |
2026
The 40th annual Forbes list of the world's billionaires found a record 3,428 billionaires with a total net worth of $20.1 trillion. This represents an increase of 309 members and $4 trillion compared to 2025. For the first time, Nvidia CEO and founder Jensen Huang appeared in the top 10.[12]
Notes
- ↑ Cite error: Invalid
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<ref>tag; no text was provided for refs namedAL2014 - ↑ Why Putin Isn't on 'Forbes' Billionaires List. Forbes.
- ↑ Forbes 2017 billionaires list: Meet the richest people on the planet.
- ↑ Bill Gates Was The 'World's Richest Man' For A Record 18 Years.. July 4, 2024. Yahoo Finance
- ↑ Cite error: Invalid
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<ref>tag; no text was provided for refs namedFOB23 - ↑ Forbes World’s Billionaires List 2025: The Top 200.
- ↑ 9.0 9.1 9.2 Template:Cite magazine
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<ref>tag; no text was provided for refs namedrferl2010 - ↑ Fortunes Of Kings, Queens And Dictators Template:Webarchive Forbes, 5 May 2006
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