Bill Gates topped the list of the world’s richest billionaires for the 17th time in 22 years, it has been revealed.
Though the 60-year-old Microsoft head is $4.2billion poorer than 2015, his net worth of $75billion has put him in the top spot of the spot on Forbes' World Billionaires list for the third year in a row, after overcoming Mexico’s Carlos Slim Helu in 2014.
Helu came in fourth in Forbes’ 2016 list of 1,810 billionaires, behind Gates, Zara’s Amancio Ortega and business mogul Warren Buffett, respectively.
Others who made the top ten include Amazon’s Jeff Bezos at fifth on the list, Mark Zuckerberg of Facebook at sixth, Oracle’s Larry Ellison at seventh, Michael Bloomberg at eighth, and tied for ninth are David and Charles Koch.
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With a net worth of $75billion, Microsoft head Bill Gates hit the top spot on Forbes' 2016 World Billionaires list for the third year in a row
Zara’s Amancio Ortega (left) is worth $67billion. Warren Buffett (right), 85, of Berkshire Hathaway came in third on the billionaires list, with a net worth of $60.8billion
Mexico's Carlos Slim Helu (left) came in fourth on the list with $50billion, while Amazon.com's Jeff Bezos (right) took the fifth spot on the billionaires list with $45.2billion
Zuckerberg, 31, had the best year of all billionaires, having added $11.2billion to his fortune and moving up from number 16 to six on the list.
This is Zuckerberg's and Amazon's Jeff Bezos' first appearance in the top ten of Forbes' annual ranking.
The top ten billionaires rake in a net worth of approximately $505.4billion.
Forbes found 1,810 billionaires this year, down from last year’s record of 1,826. The aggregate net worth of the billionaires was $6.48trillion, $570billion less than last year.
The average net worth of a billionaire dropped for the first time since 2010 and sits at $3.6billion, down $300million from last year.
While 221 people fell off the billionaires list this year, 198 people joined the ranks. Twenty-nine from the 2015 list died, while another 29 rejoined the list after having fallen off.
Noteable drop-offs include fashion designer Tory Burch, Sam Adams head Jim Koch and Dick’s Sporting Goods chief Edward Stack.
Of those billionaires who made it on to this year and last year’s list, 892 are poorer while only 501 have increased their fortunes.
Facebook's Mark Zuckerberg broke the list's top ten this year, moving up from number 16 to number six on the list
Oracle's Larry Ellison (left) is ranked seventh on Forbes' billionaires list, with a net worth of $43.6billion. Michael Bloomberg (right) is not far behind in eighth, with a net worth of $40billion
Brothers Charles (left) and David (right) Koch round out the top ten of Forbes' billionaires list, each having a net worth of $39.6billion
Chinese billionaire Wang Jianlin, whose company owns AMC Theaters climbed into the top 20.
Notable newcomers to the list include Cameron Mackintosh, the first theater producer to enter the ranks, WeWork’s Adam Neumann and Miguel McKelvey and Pinterest’s Ben Silbermann and Evan Sharp.
Neumann, Silbermann and Sharp are three of 66 billionaires under 40 years old, a record for the Forbes list.
The youngest on the list is 19-year-old Norwegain heiress Alexandra Andresen, who holds a 42 per cent stake in her family’s business. Her 20-year-old sister is the second youngest on the list.
Andreson, a professional dressage competitor, and her sister are ranked the 1,475th richest people in the world after their father Johan F Andresen transferred his stake in Norway's biggest company, Ferd Holdings, to his daughters in 2007.
Zhou Qunfei is the richest self-made woman in the world, holding a $5.9billion fortune from smartphone screens. She is one of 190 women to make the list, down from 197 last year.
US billionaires hold 540 spots on the list, more than any other country in the world. In second is China with 251 and German with 120.
The youngest on the list is 19-year-old Norwegain heiress Alexandra Andresen, who holds a 42 per cent stake in her family’s business. She and her 20-year-old sister are ranked the 1,475th richest people in the world
Fashion designer Tory Burch was one of the many former billionaires to fall off of Forbes' list this year
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