Facebook’s Zuckerberg overtaken by Amazon’s Bezos in race — Forbes Rich List

TIME reported that the wealth of those on the Forbes 400 list combines to a whopping $2.34 trillion, up from $2.29 trillion in 2014, confirming the notion that the rich continue getting richer.

The richest National Football League owners after Allen include the Rams’ relocation-minded Stan Kroenke ($7.6 billion), Dolphins owner Stephen Ross ($6.7 billion) – a Michigan booster and real estate developer involved with New York’s Hudson Yards project – the Jaguars’ Shahid Khan ($5.6 billion), Cowboys impresario Jerry Jones ($5 billion) and Patriots boss Robert Kraft ($4.8 billion). Boston Globe reports that the software magnate has been down by $5 billion, but in spite of everything – with all his philanthropic acts through Gates Foundation shedding away billions – he managed to seize the prestigious first spot. Because the bar is so high, 145 USA billionaires missed the list. To put that in context, Bezos has grown his overall wealth by 54pc in one year – or the entire gross domestic product of Georgia. This year, however, business was not that great as he lost $5 billion and saw his net worth decrease to $76 billion.

What’s a couple billion dollars worth to Donald Trump?

“I’m running for president”, Trump told Forbes in an interview published Tuesday.

“You’re gonna look bad”, Trump warned Forbes. “He’s out there telling everybody he’s worth $10 billion”. Trump is the only billionaire candidate in the political list.

“I think you’re trying to make me as poor as possible”, Trump told the outlet, adding that there’s a “respected magazine that’s coming out” that will give him an $11.5 billion valuation.

With few, if any, exceptions, the billionaires on the list didnt make it by engaging in some particularly shrewd trading strategy on Wall Street.Thats because a careful study of the Forbes 400 list provides a reality check on the dreams of avarice that motivate many investors.

About 35 people were removed from the list since past year because they either died or dropped off the top 400.

But, inheriting money is one of the easiest ways to get on the list.

The third-, fourth- and fifth-richest team owners are minority share-holders, but with their deep pockets could easily become majority or even sole owners anytime they please.