Business » Finance
Author`s name Dmitriy Sudakov

Eight men share fortune of 3.6 billion people

Eight richest people in the world own the fortune, the amount of which is equal to the money that 3.6 billion people have.

According to non-governmental anti-poverty organization Oxfam, the list of world's richest people includes Microsoft founder Bill Gates, whose net worth is estimated at $75 billion, former president of Inditex clothes maker (incorporates such brands as Zara, Massimo Dutti, Stradivarius, etc) Amancio Ortega (67 billion dollars) and businessman Warren Buffett (60.8 billion dollars).

The list also includes entrepreneur Carlos Slim ($50 billion), Amazon chief Jeff Bezos ($45.2 billion), Facebook creator Mark Zuckerberg ($44.6 billion), Oracle CEO Larry Ellison ($43.6 billion) and entrepreneur, New York City Mayor Michael Bloomberg ($40 billion).

Earlier, Bloomberg calculated the index of billionaires, according to which the fortune of 400 richest people in the world decreased by a total of $19 billion. The reduction occurred because of the falling prices on raw materials, as well as weakening economic recovery signals from China.

The reduction has occurred for the first tie since 2012, when the index started growing. According to US-based billionaire Ken Fisher (founder of Fisher Investments, assets evaluated at more than $65 billion), excess oil, sluggish consumer spending and negative economic signals from China have frightened investors.

In 2015, Bill Gates' fortune was evaluated at $83.6 billion. Mexican telecommunications tycoon has suffered largest losses among the billionaires, whose fortunes were included on the list. The shares of his company America Movil SAB dropped by 25% in 2015.

The fortune of famous American investor Warren Buffett, who was ranked third in the index of billionaires decreased in 2015 by $11.3 billion to $62.5 billion. Buffett's investment company Berkshire Hathaway ends the current financial year with losses for the first time since 2011.

Spanish billionaire Amancio Ortega, the owner of Europe's largest manufacturer and seller of clothing Inditex, increased his fortune in 2015 by $12.1 billion - to $73.2 billion - and came second in the ranking of the world's richest people.

Jeff Bezos, the head of Amazon online retailer, increased his fortune in 2015 by $30.7 billion to $59.3 billion (fourth place in the ranking of billionaires).

The index of billionaires includes 23 Chinese citizen, whose combined wealth is estimated at $205 billion. The rise of the Chinese stock market has boosted the number of billionaires in China, but a decline in the stock market has sharply reduced their number. Of 50 people, who became billionaires in the first half of 2015, only 19 Chinese citizens had retained their billionaire status by August.

Pravda.Ru

Read article on the Russian version of Pravda.Ru

One of the risks of being an editorial writer is that life and events are not stagnant: News reports that appear to be truths one day can turn into lies the next, and vice versa; people who are praised in one breath can be reviled in the next, and vice versa as well.

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One of the risks of being an editorial writer is that life and events are not stagnant: News reports that appear to be truths one day can turn into lies the next, and vice versa; people who are praised in one breath can be reviled in the next, and vice versa as well.

Support racism:  Watch the NFL

One of the risks of being an editorial writer is that life and events are not stagnant: News reports that appear to be truths one day can turn into lies the next, and vice versa; people who are praised in one breath can be reviled in the next, and vice versa as well.

Support racism:  Watch the NFL
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