AP :
Amazon founder Jeff Bezos has overtaken Bill Gates to become the world’s richest man for the first time, with a fortune of £81 billion ($112 billion).
President Trump, worth £2.2 billion ($3.1 billion) , came in at number 766 on the list, falling from 222 places from last year. Since the 2017 list Trump’s fortune has fallen £288 million ($400 million), due to falling real estate values in Midtown Manhattan and declining revenues at several of his golf properties.
According to the 2018 billionaire’s ranking from Forbes, Bezos’ fortune has risen by a whopping £28 billion ($39.2 billion) from 2017 – the biggest one-year gain ever.
Microsoft’s Gates, who has been the richest person in the world for 18 of the past 24 years, dropped to second place with a fortune of £64.8 billion ($90 billion), up from £62 billion ($86 billion) last year.
