2017 Made Richest In The World Three Times More Richer

Published: Wilson Clark

On: Jan 2018

This is the end of the year and everybody is recalling the crucial moments 2017showed them.

This year turned out to be an important year socially, politically and economically too. But for a few chosen ones the year had added a wealth in their kitty making them almost 3 times richer.

We are talking about the richest people on the earth who togetjer had earned 1 trillion dollar more this year. This growth is over four times better than the last year growth.

The credit goes to the progess made by stock exchange.

Daily ranking of the world’s 500 richest people, Bloomberg Billionaires Index showed an yearly growth of 23% while both the MSCI World Index and Standard & Poor’s 500 Index showed a raise of almost 20%.

Amazon's founder Jeff Bezos had the most profitable yearwith a gain of $34.2-billion , making him world's richest person.

He has replaced Bill Gates as thr richest man on the earth, who had been holding the position firmly since 2013. Bill Gates has been donating a lot to charity.

Bezos, whose net worth was $100 billion by November, presently has settled on $99.6 billion as compared with $91.3 billion for Gates.