World's Richest People 2016

World's Richest People 2016

World's Richest People 2016

Justin Lavelle
March 8, 2016

If you want to monitor the world’s richest people, there are a number of key lists that are released on an annual basis, where you can track individuals who have made (and lost) huge sums compared to last year.

Why do people care about the world’s richest people, and should you? Here are a few reasons you may want to keep tabs on them:

  • Unlike popular myth, most millionaires and billionaires are self-made. So if you aspire to create wealth yourself, reading about such figures could inspire and educate you.

  • Newly made billionaires also can herald in the era of new industries. Figures such as Mark Zuckerberg and Evan Spiegel have shown the rising economic clout of social media platforms, with their creations of Facebook and Snapchat respectively…conversely titans of traditional media have mostly sees their net-worths drop.

  • These same rich people increasingly dominate the political landscape. The likes of the Koch Brothers of Koch Industries and Peter Thiel (co-founder of Paypal) have contributed significantly to national political campaigns and various social causes. Understanding what motivates these people is important because they often have the financial firepower to create the outcomes they desire.

So where to go if you want to review this year’s wealthiest individuals and families?

Here are the most authoritative lists:

Forbes Billionaire’s List – This list not only provides the net worth of the world’s wealthiest but also provides real-time adjustments based on the individual’s business gains and losses.

Wealth X – This firm tracks the top 50 wealthiest people and their web site also tracks how their spending impacts industries and charitable giving worldwide.

Bloomberg Billionaires – Similar to Forbes, Bloomberg tracks the world’s richest business people and analyzes paper losses and gains from day to day.

Curious about more than just an individual’s net worth? If you want to see where America’s richest individuals live, which businesses they own, and who they are married to, run a search on to find out.

Disclaimer: The above is solely intended for informational purposes and in no way constitutes legal advice or specific recommendations.