Search ARN News Centre

Bill Gates tops Forbes billionaires list for third straight year

Wednesday, 2 March 2016 07:55

Microsoft's co-founder Bill Gates continues his reign as the world's richest person with a net worth of $ 75 billion (AED 275.4 billion), according to Forbes' annual ranking of billionaires. The list includes over 1,800 individuals, including five from the UAE. Amancio Ortega, founder of the Spanish clothing retailer Zara is second on the list, and is followed by American philanthropist and businessman Warren Buffet. Meanwhile, Reliance Industries chairman Mukesh Ambani leads a pack of 84 billionaires from India. WORLWIDE TOP 10:UAE's RICHEST

Share

More from Business

  • UK's Jaguar Land Rover to halt US shipments over tariffs

    Jaguar Land Rover will pause shipments of its Britain-made cars to the United States for a month, it said on Saturday, as it considers how to mitigate the cost of President Donald Trump's 25% tariff.

  • US starts collecting Trump's new 10% tariff

    U.S. customs agents began collecting President Donald Trump's unilateral 10% tariff on all imports from many countries on Saturday, with higher levies on goods from 57 larger trading partners due to start next week.

  • Nasdaq set to confirm bear market as Trump tariffs trigger recession fears

    The tech-heavy Nasdaq Composite index was set to confirm it was in a bear market on Friday, down more than 20 per cent from a recent record high, as investors fled riskier assets on fears that tariffs imposed by President Donald Trump could spark a trade war and tip the global economy into recession.

  • Dana Gas and Crescent Petroleum exceed 500M boe in Khor Mor field

    UAE-based Dana Gas and Crescent Petroleum, alongside their partners in the Pearl Petroleum consortium, have said the cumulative production from their Khor Mor project, the largest non-associated gas field in Iraq, has exceeded 500 million barrels of oil equivalent (boe).

  • China to impose tariffs of 34% on all US goods

    China has announced a slew of additional tariffs and restrictions against US goods as a countermeasure to sweeping tariffs imposed by US President Donald Trump. The Finance Ministry said it would impose additional tariffs of 34 per cent on all US goods from April 10.

Latest Local News

News

Quick Links

Get the app

  • Available on the App Store
  • Available on Google Play

© 2025 ARN and Aiir. All Rights Reserved.