The rich just keep getting richer. At least that's the key takeaway from Forbes' annual World's Billionaires list out today. The world's wealthiest set a new record, with 2,043 billionaires making this year's list. Combined, the net worth of all those featured increased by 18 percent, to $7.67 trillion.
The list also welcomed 195 newly-made billionaires from around the globe, including the young entrepreneurs behind the San Francisco-based online payments powerhouse Stripe, John and Patrick Collison. Forbes points out that John Collison, at age 26, is now the world's youngest self-made billionaire. He's just two months younger than Snapchat's Evan Spiegel.
As for the returning set, there were a few surprises. Bill Gates notched the top spot for the fourth year in a row with a net worth of $86 billion, up $11 billion since last year. Gates has placed first on the list 18 times out of the past 23. Following the upward trend is Warren Buffett, who secured second place with an increase in his net worth to $75 billion, compared to $60.8 billion that warranted him third place last year.
The most significant gain was made by Jeff Bezos, who jumped from fifth place to third with a $27.6 billion increase in his net worth. The Amazon founder, chairman, and CEO credits his gains with the launch of Alexa and Echo, which analysts believe may bring in an additional $11 billion in revenue for the company by 2020.
Other than Bezos and Buffett, few others have moved up the ladder, including Facebook co-founder and CEO, Mark Zuckerberg. His net worth increased by $11.4 billion since last year--to $56 billion--securing his seat in the top five for the first time.
Even with an increase in net worth of $54.5 billion, Telecom entrepreneur Carlos Slim Helu has dropped from top five, a first in 12 years. Amancio Ortega--the founder of Inditex fashion group, which owns brands including Zara--followed the same trend. He placed fourth with a net worth of $71.3 billion, up from the second slot last year.
The list is based on a snapshot of global stock prices and exchange rates from February 17, 2017. The same billionaires from last year's list have secured the top 10 places, with a few shuffling in order. Overall, each billionaire had a richer year compared to the year prior.