Wednesday, 20 March, 2019

BUA Chairman, 12 Other Black Persons Make Forbes Billionaires List

Making Forbes' latest list of the world's richest are Singapore real estate billionaires Robert Ng and Philip Ng of Far East Organization paint tycoon Goh Cheng Liang United Overseas Bank chairman emeritus Wee Cho Yaw and Valencia Malaysia’s richest man slips out of world Top 100
Russell Knight | 07 March, 2019, 22:42

Real estate tycoon and former Senate president Manuel B. Villar emerged as the Philippines' richest man, according to Forbes Magazine's list of world's richest for 2019. The number includes three more individuals than a year ago. The total combined net worth of this year's billionaires is United States dollars 8.7 trillion, down from USD 9.1 trillion in 2018, Forbes said.

Mr Bezos, who owns 16 per cent of Amazon, saw his wealth swell by US$19 billion in one year to US$131 billion.

The ranks of female... The total combined net worth of this year's billionaires is US$8.7 trillion, down from $9.1 trillion in 2018.

By Forbes' calculations, billionaires across the world are worth $8.7 trillion.

While things are largely stable up on top of the list, Facebook founder Mark Zuckerberg dropped three spots and former NY mayor Michael Bloomberg rose by two. He was ranked Global Game Changer in 2017.

The richest man in Malaysia, Robert Kuok has slipped from 96th place in the world's top 100 richest people, to the 104th place.

For only the second year in a decade, both the number of billionaires and their total wealth shrank, proving that even the wealthiest are not immune to economic forces and weak stock markets, said Forbes.

Making Forbes' latest list of the world's richest are Singapore real estate billionaires Robert Ng and Philip Ng of Far East Organization paint tycoon Goh Cheng Liang United Overseas Bank chairman emeritus Wee Cho Yaw and Valencia

"We list individuals rather than multigenerational families who share fortunes, though we include wealth belonging to a billionaire's spouse and children if that person is the founder of the fortune", it said.

Nigeria and US topped the list with four billionaires apiece while Zimbabwe, Angola, South Africa, Canada and Britain had one representative each on the list released by Forbes on March 5.

Four Nigerians were listed among the 2,153 world's richest, which recorded an increase in the number of blacks from 11 previous year to 13.

Among the regions, Asia-Pacific was the hardest hit, with 60 fewer 10-figure fortunes.

James Packer - one of the largest shareholders in Australian casino operator Crown Resorts Ltd - ranked 597th in the Forbes list this year, worth of an estimated US$3.6 billion, as compared to US$4.1 billion last year.

Microsoft Corp founder Bill Gates remained in second place, with an estimated wealth of US$96.5 billion, up from US$90 billion a year ago.

Real estate tycoons Robert and Philip Ng who control Far East Organization lead the field with a net worth of US$12 billion.

Volvo Unveils Tesla Model 3 Killer, ‘Polestar 2’
Further tech, such as being able to use your smartphone as the key and numerous connected services, are also part of the list. It is expected to take on the Tesla Model 3 when it launched and the auto is started to have a price of around £50,000.

News Michael Jackson Gets Banned by Quebec Radio Stations
The two-part, four-hour documentary " Leaving Neverland " aired Sunday and Monday nights on HBO. No other broadcasters contacted said they plan to remove Jackson hits from the airwaves.

Canadian radio stations stop playing Michael Jackson songs
The ban does not apply to Nova Entertainment Group's other brands like nova, who exclusively play new top-40 music. Sony Music entered into a $250 million deal in 2018 for the rights to distribute Michael Jackson's recordings.

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