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Bill Gates named world's richest person for 16th time,The world's richest person got even richer this year

Bill Gates has once again topped Forbes magazine’s annual ranking of global billionaires.

It’s the second time in a row that the Microsoft founder has been crowned the world’s richest person, and the 16th time in the past 21 years.
Mr Gates’ net worth rose to $79.2bn (£51bn) from $76bn a year earlier, after he unloaded one third of his remaining stake in the tech firm he co-founded in the 1970s.
That sale included a gift of shares worth $1.5bn to the Bill & Melinda Gates Foundation in November 2014, which brought his lifetime giving up to $29.5bn, Forbes said. Most of Mr Gates’ work is now focused on philanthropy through his charity foundation.

Mexico telecommunications mogul Carlos Slim ranked second, worth $77.1bn, while Berkshire Hathaway chief Warren Buffett was third, with $72.7bn.

Mr Buffett’s fortune grew $14.5bn from a year earlier, more than anyone’s else, despite having donated $2.8bn to several charities last July.

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