Jeff Bezos tops global rich list Mukesh Ambani richest Indian

Forbes Billionaires 2018: Meet The Richest People On The Planet

Amazon CEO Jeff Bezos has become the first $100 billion mogul to top Forbes' annual rankings of the world's richest people.

The latest Forbes list shows that the highest-ranked Irish billionaire is Indian-born Pallonji Mistry (66th) with a $17.8 billion fortune mainly from his stake in the Tate conglomerate. So the only surprise may be that it took this long for McMahon to officially break into the vaunted billionaire list.

Former Microsoft CEO Bill Gates has a $90 billion fortune, which is ranked number two in the world.

Mr Bezos' fortune has leapt to $112bn from an estimated US$39.2bn a year ago.

Azim Premji is the second richest Indian and was ranked 58th on the overall list with a net worth of $18.8 billion, followed by Lakshmi Mittal (62nd position, net worth of $18.5 billion), Shiv Nadar (98th, $14.6 billion) and Dilip Shanghvi (115th, $12.8 billion). The combined net worth of this elite group is a whopping $9.1 trillion, up 18% since previous year. That's a $400,000 drop from his worth in 2017 when he was ranked No. 544.

Oakland Mayor Defiant After Tip-Off let 800 Illegals Avoid Arrest
Fox News notes that ICE officials are asking the Department of Justice to look into whether she broke any laws by doing so. She has said she learned of the roundup through "multiple credible sources" rather than official government channels.

Toys R Us goes into administration
Maplin has annual turnover of £235.8m and employs 2,335 people across 217 stores in the United Kingdom and Ireland. Moorfields said that the administration did not affect the global operations of Toys "R" Us outside the UK.

Wall Street Stock Recommendations: JC Penney Company, Inc. (JCP), Tronox Limited (TROX)
It represents a security's price that, if achieved, results in a trader recognizing the best possible outcome for his investment. It is a positive indicator for investor portfolio value - when the price of a stock Investor owns goes up in value.

Most of Bezos' fortune is tied up in Amazon stock, which soared 59 per cent during the period tracked by Forbes.

Donald Trump, who became the first billionaire president in US history, was ranked 766th on the list, down from 544, with a fortune of $3.1 billion.

There were 259 newcomers, including the first ever cryptocurrency billionaires.

Egyptian businessman Nassef Sawiris ranked first in Egypt's billionaires list in 2018 with an estimated wealth of about $6.6 billion (LE 116.16 billion), with an increase of $1 billion, compared to his wealth in 2017, according to Forbes Magazine.

Alice Walton reclaimed the crown as the richest woman in the world, as her fortune leapt from $33.8 billion to $46 billion over the past year.

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