Amazon's Jeff Bezos tops Forbes 2018 billionaires list

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He oversees an empire of 70 brands. The magazine pegged Trump's net worth at $3.1 billion.

Aldi is a household name in Germany. Zuckerberg co-founded Facebook in 2004, at the age of 19. The licensing losses resulted in a $50 million drop this year, according to Forbes. The family also runs the Trader Joe's grocery store chain in the US.

Forbes estimated that Trump lost around $1 billion in net worth in its 2017 ranking.

Forbes said "after a two year hiatus, Anu Aga regained her billionaire status on a jump in shares of engineering firm Thermax, in which she owns 62 per cent". The publication of the rich list led to another rise in stock price on Tuesday, boosting Bezos' worth to $127 billion in a matter of hours. Bill Gates also secured the third spot on the Hurun Global Rich List 2018 released by the Hurun Report last week.

He swapped spots with his cousin Thomas Pritzker (No. 3 in IL this year and No. 527 overall).

Forbes assistant managing editor Luisa Kroll told "CBS This Morning" Bezos had the "biggest one gain year" since the magazine began tracking world billionaires.

Who are the richest people in the world?

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The US has the most billionaires (585), followed by mainland China (373).

Despite Mr Trump's previously inaccurate claims he was worth more than $10 billion, Forbes said he is still the richest president in U.S. history.

Mr Bezos' fortune has leapt to $US112bn from an estimated $US39.2bn previous year.

Forbes associate editor Dan Alexander told ABC News that Trump has been included on Forbes lists, which include a billionaires list and the Forbes 400 - which itemizes the 400 wealthiest Americans - since 1982.

Forbes' website describes Modi as the founder of Firestar Diamond, "which claimed to have more than US$ 2 billion in sales".

Their collective worth is $9.1 trillion, an 18 percent increase from past year. While their fortunes may only represent less than 1% of all billionaires, this staggering figure is makes up 13% of the combined riches of these affluent few.

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