Advertisement

March 2, 2016 / 10:42 AM

Facebook's Zuckerberg jumps 10 spots on Forbes richest list

Facebook founder Mark Zuckerberg, here attending a Samsung Electronics' event in Barcelona, Spain, on February 21 is now in sixth place, up from 16th last year, on Forbes magazine's list of the world's richest people. Photo courtesy of Yonhap/UPI

1 of 5 | Facebook founder Mark Zuckerberg, here attending a Samsung Electronics' event in Barcelona, Spain, on February 21 is now in sixth place, up from 16th last year, on Forbes magazine's list of the world's richest people. Photo courtesy of Yonhap/UPI

NEW YORK, March 2 (UPI) -- Facebook CEO Mark Zuckerberg's fortune moved him from 16th to sixth on the Forbes list of the world's richest people, the annual update of the ranking shows.

Zuckerberg's net worth was estimated at $44.6 billion, up from $33.4 billion in last year's ranking.

Advertisement

Microsoft co-founder Bill Gates held the top position -- as he has for 17 of the past 22 years -- with an estimated $75 billion, down from $79 billion. The top 10, after Gates, are Amancio Ortega of the Zara fashion chain; investor Warren Buffett; Mexican telecom businessman Carlos Slim Helu; Amazon CEO Jeff Bezos; Zuckerberg; Oracle chairman Larry Ellison; Michael Bloomberg, former New York city mayor and business information company chief, and Charles and David Koch of Koch Industries.

A stronger dollar, falling oil prices and volatile stock markets were cited as the main reasons why individuals moved up or down in the magazine's annual ranking.

Related

A record 66 people on the list are under the age of 40. The youngest is Alexandra Andresen, 19, who has a 42 percent interest in her Norwegian family's investment business; second youngest is her sister Katharina, 20.

Advertisement

There are 190 women on the list; a new entrant is Zhou Qunfei, whose fortune came from smartphone screens. She is regarded as the world's richest self-made woman.

The list includes 70 new billionaires from China, but 32 other Chinese billionaires left the list. The United States has 540 people on the list of 1,810 people, followed by China with 251, Germany with 120, India with 84 and Russia with 77.

Austin visits Ukraine, voices U.S. support against Russian aggression

Defense News // 2 years ago

Austin visits Ukraine, voices U.S. support against Russian aggression

Oct. 19 (UPI) -- U.S. Defense Secretary Lloyd Austin said Ukraine continues to have U.S. support against Russian aggression and is free to decide its own foreign policy during a visit to Kyiv Tuesday.

Citing Russian occupation, U.S. signs new defense pact with Georgia

Defense News // 2 years ago

Citing Russian occupation, U.S. signs new defense pact with Georgia

Oct. 18 (UPI) -- U.S. Defense Secretary Lloyd Austin signed a new security agreement with Georgia Monday, seeking to buttress relations with the Black Sea nation as it continues to face Russian troops in two of its regions.

Pentagon orders all civilian employees to be fully vaccinated by Nov. 22

Defense News // 2 years ago

Pentagon orders all civilian employees to be fully vaccinated by Nov. 22

Oct. 4 (UPI) -- The Pentagon on Monday ordered all Department of Defense civilian employees to be fully vaccinated against COVID-19 by no later than Nov. 22.

Army investigating suspected suicides of three Fort Drum soldiers

Defense News // 2 years ago

Army investigating suspected suicides of three Fort Drum soldiers

Sept. 29 (UPI) -- The U.S. Army is investigating the suspected suicides of three soldiers based at New York's Fort Drum.

Four Marines remain hospitalized month after suicide bombing at Afghan airport

Defense News // 2 years ago

Four Marines remain hospitalized month after suicide bombing at Afghan airport

Sept. 24 (UPI) -- Four U.S. Marines remain hospitalized after an attack near Hamid Karzai International Airport in Kabul, Afghanistan, last month as service members were evacuating foreign nationals and refugees.

South Korean firm to supply rapid COVID-19 test kits to U.S. military

Defense News // 2 years ago

South Korean firm to supply rapid COVID-19 test kits to U.S. military

SEOUL, Sept. 24 (UPI) -- South Korean biopharmaceutical firm Celltrion has agreed to supply its DiaTrust rapid COVID-19 test kit to the U.S. military.

Army tests MK-22 Precision Sniper Rifle at Fort Bragg ahead of fielding

Defense News // 2 years ago

Army tests MK-22 Precision Sniper Rifle at Fort Bragg ahead of fielding

Sept. 23 (UPI) -- The Army has successfully tested the MK-22 Precision Sniper Rifle to clear it for fielding.

U.S. Navy, Bahrain partner to ramp up unmanned systems use

Defense News // 2 years ago

U.S. Navy, Bahrain partner to ramp up unmanned systems use

Sept. 23 (UPI) -- Bahraini leaders committed Thursday to partnering with a new U.S. Navy task force to ramp up new unmanned system efforts.

U.S. F-16 fighter jets intercept Cessna during U.N. General Assembly

Defense News // 2 years ago

U.S. F-16 fighter jets intercept Cessna during U.N. General Assembly

Sept. 22 (UPI) -- U.S. fighter jets escorted a small plane flown by a U.S. Army soldier out of restricted air space over New York City during the United Nations General Assembly.

U.S. Space Force to take over SATCOM operations from Army, Navy

Defense News // 2 years ago

U.S. Space Force to take over SATCOM operations from Army, Navy

Sept. 22 (UPI) -- The U.S. Space Force will take over satellite communications billets, funding and mission responsibility from the U.S. Army and Navy, the Department of Defense announced Wednesday.

Advertisement

Advertisement

Advertisement