The Bloomberg Billionaires Index shows that the world's 500 richest people combined grew their wealth by $1.2 trillion in the past year.
Bill Gates and Warren Buffett may have pledged to give most of their wealth away to charity but the billionaire philanthropists appear to be engaged in a losing battle with that as latest figures show their wealth over the last decade has in fact doubled.
But The Bloomberg Billionaires Index released on Friday shows that the Microsoft co-founder can't outrun the growth of his fortune, which is worth $22.7 billion more than it was last year, putting his total net worth at $113 billion.magazine—as having a net worth of $53 billion. Bill Gates and Warren Buffett speak at an event organized by Columbia Business School on January 27, 2017 in New York City. The wealth of the pair, who have vowed to give most of their money away, has increased significantly over the last decade, according to figures released by Forbes.Read more
The worth of America's billionaires increased by $500 billion in the last year, with the biggest gain being enjoyed by Mark Zuckerberg, who added $22.7 billion to his fortune.
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