Amazon founder Jeff Bezos tops Forbes US billionaire list again while Trump’s fortune tumbles

Bill Gates came in second place and Facebook’s Mark Zuckerberg followed

Amazon founder Jeff Bezos retained his number-one spot on the 39th annual US Forbes 400 rich list for the third year in a row.

His fortune lies at $179bn, as of July 2020, an increase of 57 per cent from from last year, despite giving $36bn--worth of stock to his ex-wife MacKenzie Bezos during their divorce settlement in the summer.

Bill Gates maintained his second spot on the rich list, worth $111bn and Facebook’s Mark Zuckerberg followed with a fortune of $85bn.

Meanwhile, Alice Walton, heiress to the Walmart fortune, is the richest woman worth $62.3bn.

However, a record 233 US billionaires were not included this year, as they fell short of the $2.1bn minimum needed to make the list. The most notable is Adam Neumann of WeWork who appeared on Forbes' list in 2019 with a net worth of $4.1 billion. However, Forbes went on to lower its estimate of his wealth to at most $600 million.

At the same time, Forbes said there are 18 newcomers on this year’s list.

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This includes, Eric Yuan, CEO of Zoom Video Communications, with a net worth of $11bn, Jim Koch, co-founder and chairman of the Boston Beer Company, producer of Samuel Adams Beer, with a net worth of $2.6bn and Trevor Milton, founder of electric and hydrogen-electric truck maker Nikola who is the youngest newcomer at the age of 38 and worth $3.9bn. 

Meanwhile US president Donald Trump’s ranking dropped to number 352 from 275 last year as his net worth dropped to $2.5bn from $3.1bn. The Trump Organisation which owns office buildings, hotels and resorts all took a hit during the pandemic.

The wealth on this year's list totalled to $3.2trn, an increase of 8 per cent from a year ago. 

Of the remaining billionaires worldwide, 51 per cent are poorer than they were last year. 

FURTHER READING: Amazon fined by British antitrust regulator

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