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Forbes Media Chairman and Editor-In-Chief Steve Forbes dishes on the world’s richest people featured in Forbes Magazine’s 25th Anniversary Billion...
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Are right let's talk about your list always fascinating.
The -- is the 25.
Anniversary of the annual billionaires list now how do you.
How do you get this thing pull together you call people up and say how -- you worked at at.
Have not only get you so far no well we we have a good people around the world.
Who know who knows about people who were movers and shakers in countries we have numerous so local.
Less like the richest people in Russia and richest people in China.
So I've got a good information network obviously a lot of information is public if you with a publicly held company.
But -- talked to bankers financing years competitors.
Former espouses whatever.
Lot in the public record and -- put together estimates and that's what they are estimates should try to figure out what their assets are what the potential liabilities are.
And your -- finding new information.
And the exciting thing is the churn in the list -- mean we had a 128 new members this year 117 dropped off.
This this this thing has a lot of turnover and everyone's excited.
About one of our covers as a Sarah Blakely.
It's us banks.
And you know shape where's the plight word for at least a calling -- And people who get you know certain major that that's great stuff -- a young age we we have five daughters every single one of the music.
And Tom yesterday -- a couple of days ago.
-- -- -- wanna our daughters I said that should I Wear the stuff -- get moving around the -- and she was so embarrassed I haven't seen -- like -- -- -- it.
-- that got out and out.
So who's -- to -- -- -- Steve.
Carlos Slim of Mexico well -- down a little bit but there's still worth over sixty billion.
And then he's now doing a lot of philanthropy he wasn't into that three or four years ago but he -- and one has moved up surprisingly even those given away a lot of money is Bill Gates.
Microsoft for the first time in ten years that stock is showing some months some good signs of life.
Companies been immensely profitable the stock's been in the dumps now it's come up again so we moved up five billion dollars.
And and then warm -- was they're too so it it but once again Carlos Slim major top billionaire and this is in the world.
This is in the world and around the world.
You had a slight increased number of billionaires that -- we had 1226.
Up sixteen from last year.
A slight increase in total net wealth from four point six trillion -- four point seven trillion.
And but there's a lot of the things are going up and down we went up a little bit of billionaires China went down Russia went down because commodity prices that we can the little bit different so there's plenty of turbines from people think -- well they think of permanence.
What this -- shows it's anything but permanent you can be big today.
You can be off the list tomorrow we have seventeen people up who have been on the list before come back so whether -- there's a lot of -- movement lot of mobility up and down.
Always interest and always interest in 25 annual anniversary of the Forbes billionaire list it's on the newsstands now Steve Forbes publicly to -- -- think umbrella with you think for the Oprah moment to act at -- you think that's.
