Forbes started its publication of ‘The World’s Billionaires” list in March of 1987 and became a worldwide hit that it became one of the most anticipated across the planet.
The list were compiled and put together based on individual list of assets and accounting debts. One thing you must know about this list is that Royals and dictators whose assets are from their role and positions are excluded from the list.
This year, a total record of 1,826 people made it on the list, 290 of which were newcomers.
Top countries where these billionaires came from this year are- China with 71, United States with 57, India with 28, Germany with 23. There were even 46 people who are less than 40 years old!
Check out this year’s Top 10!
Rank #10: Liliane Bettencourt
Liliane Henriette Charlotte now Schueller, married name Bettencourt born in October 1922, is a French heiress, socialite, businesswoman as well as philanthropist. She is among the principal investors of L’Oréal.
Her father, Eugène Schueller founded L’Oréal had her inherit the L’Oréal fortune when he died in 1957 making Lilliane Bettencourt the principal shareholder.
Forbes has ranked her as 10th wealthiest person on the planet with a net worth of $40.8 billion of assets. This makes her the 2nd richest woman in the world just falling behind the wealthiest woman in France, Christy Walton- whom you will also meet her later.