News
Forbes 2020 World’s Top Richest List
There are 2,095 billionaires in the world, Forbes has stated in the annual richest people in the world list. This is 58 fewer than a year ago and 226 fewer than just 12 days earlier when Forbes initially calculated these net worths revealing a dip in fortunes as tough economic times affect and rock everyone globally.
Of the billionaires who remain, 51pc are poorer than they were in 2019. In raw terms, the world’s billionaires are now worth Sh853 trillion ($8 trillion), down Sh74 trillion ($700 billion) from 2019.
Amazon founder Jeff Bezos is the world’s wealthiest person for the third year in a row, despite giving Sh3.6 trillion ($38 billion) worth of his Amazon stock to his ex-wife MacKenzie Bezos as part of their divorce settlement. He’s worth $113 billion (Sh12 trillion)
Bill Gates keeps his spot as number two richest, followed by luxury goods tycoon Bernard Arnault, who takes the spot Warren Buffett previously sat at number three for the first time.
Alice Walton, an heir to the Walmart fortune, is the richest woman. She is no. 9 globally at $54.4 billion (Sh5.8 trillion) Altogether 241 women made the list, including 7 who share a fortune with a spouse, sibling or child.
The biggest gainer in dollar terms is Qin Yinglin, the world’s richest pig breeder. He’s ranked No. 43 and is worth Sh2 trillion ($18.5 billion)–a $14.2 billion jump since 2019.
Heres the top 20 richest people in the world 2020:
Kenya Insights allows guest blogging, if you want to be published on Kenya’s most authoritative and accurate blog, have an expose, news TIPS, story angles, human interest stories, drop us an email on [email protected] or via Telegram
“TikTok Who? YouTube Sorry. A Kenyan-Built Platform Just Dropped—and 20 African Ministers Showed Up To Launch It.”
Kenyan Kennedy Mugambi Dragged into South Sudan Oil Heist
Denial Under Duress: The Untold Collapse Threatening David Lagat’s DL Group’s Empire
Stung By West Africa Rejections, France Courts Rest Of Continent at Kenya Summit
THE INSURER THAT TOOK YOUR PREMIUM AND FORGOT YOUR NAME: How ICEA Lion Left a Client Begging for Sh7.8 Million Across Four Months
Safaricom’s Sh1.4 Billion Reckoning: How Kenya’s Most Profitable Company Stole a Man’s Idea and Got Caught
Bush Air Safaris Founder John Ndiritu Risks Losing Property Over Disputed Loan Claim
Bia Tosha’s Claim For Injunction Is Designed To Sabotage The Sh300bn Sale of EABL Shares
KDC Accelerates the Creative Economy, Innovation and Youth-Led Enterprise Growth at Africa Forward Summit
Luxury Play for Influence: Inside Kempinski’s High-Stakes Bet on Brazzaville
How Did a Sh468K KRA Salary Allegedly Turn Into Sh30 Billion? Questions Deepen Over Commissioner George Obel and Ciala Resort Owner’s Wealth
Nairobi Freezes Binance Accounts in Sweeping Anti-Fraud Crackdown as Global Scandal Record Haunts World’s Largest Crypto Exchange
The Man Behind the Badge: How Prof. Erastus Kanga Turned Kenya’s Premier Wildlife Agency into a Theatre of Corruption, Fear and Impunity
THE UNTOUCHABLE CLERK: How Fatuma Mwalupa Allegedly Turned Kwale Assembly Into a Personal Treasury and Outsmarted Scrutiny
THE BRAZEN RETURN: Triton Thief Yagnesh Devani, Who Pillaged Kenya of Sh7.6 Billion and Fled, Now Asks the Same Courts He Escaped to Restore His Stolen Wealth
Green Gold, Rotten Roots: How Kenya’s Biggest Avocado Firms Hijacked a Sh5.8 Billion Harvest Ban
Kenyan Motorists Stare At Possible Engine Damage And Heavy Losses As Report Confirms Substandard Fuel In Circulation
TotalEnergies Moves to Sue TikToker for Sh10 Million Over Contaminated Fuel Claim as Kenya’s Petroleum Sector Burns
Why the April 21 Flopped Protests Expose Kenya’s Rudderless Opposition
KETRACO CEO Advert Marred By Controversies As Fears Grow That Kipkemoi Kibias Is A Predetermined Candidate
-
Investigations2 weeks agoHow Did a Sh468K KRA Salary Allegedly Turn Into Sh30 Billion? Questions Deepen Over Commissioner George Obel and Ciala Resort Owner’s Wealth
-
Business2 weeks agoGreen Gold, Rotten Roots: How Kenya’s Biggest Avocado Firms Hijacked a Sh5.8 Billion Harvest Ban
-
Africa1 week agoThe $24 Million Heist at the End of the World
-
Investigations2 weeks agoSerial Scammers Strike Again: How Kelvin ‘Sonko’ Onyango and Seth Steve Okute Built a Gold Fraud Empire on Kenya’s Reputation
-
Business2 weeks agoHigh Court to Set the Record Straight in Long-Running Bia Tosha Petition
-
Investigations2 weeks agoThe Greek Heist: How Inform Lykos Allegedly Robbed Kenyan Taxpayers of Sh650 Million While Printing the Nation’s Exams and Ballots
-
Investigations1 week agoThe Judge, The Disgraced Magistrate, The Auctioneer-Husband, The Fixer And The Lawyer: Anatomy Of A Sh16 Million Judicial Bribery Racket
-
Business2 weeks agoFly 748 Returns to Kenya’s Skies With Fresh Push for Affordable Coastal Travel