Kevin McCoy, USA TODAY
These billionaires are the top 10 on Forbes' 2016 richest list,
including Facebook CEO Mark Zuckerberg who moved up 10 spots from last
year to claim the ranking as the world's sixth richest person.
The tech executive and social media leader achieved the feat with total net worth that Forbes estimated at $44.6 billion, up from $33.4 billion in the 2015 ranking.
Zuckerberg is among 1,810 billionaires who made the updated list, with aggregate net worth of $6.48 trillion, down from $7.05 trillion last year, Forbes said.
Spanish clothing retailer Amancio Ortega, best known in the U.S. for the Zara fashion chain, moved up two spots to second place as his estimated net worth increased $2.5 billion to $67 billion, the listing showed.
Famed business investor Warren Buffett kept third place in the ranking even though his net worth dropped $11.9 billion to an estimated total of $60.8 billion.
Mexican telecom magnate and investor Carlos Slim Helú ranked fourth, down two spots from last year, as his estimated net worth fell to $50 billion from the $77.1 billion Forbes reported in 2015.
Rounding out the new top ten are Larry Ellison, executive chairman of software giant Oracle ($43.6 billion); Michael Bloomberg, a former New York City mayor who heads the business information firm that bears his name ($40 billion); and brothers Charles and David Koch ($39.6 billion), who lead U.S. multinational corporation Koch Industries.
J. Michael Pearson, CEO of Valeant Pharmaceuticals International, fell out of the rankings as the Canada-based drugmaker lost roughly 75% of its value over the last six months amid government and regulatory investigations of the company's pricing and marketing practices.
U.S. fashion designer Tory Burch also missed the 2016 list, as the value of luxury fashion brands fell, Forbes said.
The net worth of Christy Walton, widow of one of Walmart founder Sam Walton's sons, fell from an estimated $36.5 billion last year to $5.2 billion in 2016 based on what Forbes said was new details of how her fortune is split with her son, Lukas. That dropped Walton from the top-ranked woman billionaire last year to the 258th spot in 2016, the magazine said.
- China had the most newcomers, adding 70 people to the ranking, more than the 33 first-timers from the U.S. But China also 42 drop-offs, leading in that category as well.
- Norwegian heiresses Alexandra Andresen, 19, and her sister, Katharina Andresen, 20, are the world's youngest billionaires, with an estimated fortune of $1.2 billion.
- The U.S. led the list with 540 billionaires, followed by China with 251, Germany with 120, India with 84 and Russia with 77.
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