Not only Bezos: Here are Gates’s competitors for the title of the richest man in the world
Who are the people who tried to oust the man who has been at the top of the “world’s richest” list for the past 20 years, and how does the richest man in the world always returns to lead?
The richest person on Forbes’s first billionaires list was Japanese billionaire Yoshiaki Tsutsumi, who had a fortune of about $20 billion at the time. Tsutsumi’s wealth came from real estate and retail through the Seibu Group at the height of the Japanese real estate bubble.
A decade later, Tsutsumi experienced a major fall when his Seibu group was deleted from the corporate register in 2004 for years of reporting errors. He was arrested the following year, fined $42,000 and sentenced to four years probation. He came out from the billionaires’ list of billionaires in 2007.
In the 30 years that Forbes has been tracking the world’s wealth, only 6 people have been ranked as the richest people on the planet. Amazon CEO Jeff Bezos captured the summit two weeks ago, following an increase in Amazon stocks, After a few hours, the gains turned into declines and he ended the day with a capital of $88.7 billion, bringing Microsoft’s CEO Bill Gates back to No. 1 with $89.8 billion in net worth. Gates has been ranked in the first place in 18 of the 23 past years.
Bezos is not the only one to pass Gates for a short time. Amancio Ortega, chairman of the Inditex clothing company, passed Gates in real-time rankings for several hours in October 2015, and for two days in September 2016. Ortega, the world’s richest retailer, earns more than 400 Million dollars from dividends in a year.
In 2010, another billionaire topped the list for the first time: media magnate Carlos Slim Helú. He held first place for over four years, Warren Buffett overtook him back in 2008. At that time, Gates was not very fortunate, and he faced Microsoft’s failed attempt to merge with Yahoo.
It seems like Bill Gates is the only Billionaire who knows how to keep his capital growing on a steady basis and all his competitors in one way or another just can’t keep up.