Microsoft founder Bill Gates has reclaimed top spot in the new Forbes rich list of the world’s billionaires, with a net worth of $76 billion. Despite dropping down 12 places since last year, Hong Kong business magnate Li Ka-shing still came out as the richest person in Asia with $31 billion. And mysterious 24-year-old Chinese heiress Kaiting Ji became the world’s youngest billionaire.
On March 4, Forbes magazine published its 2014 list of the world’s richest people. After an absence of four years, Gates re-emerged as the richest man in the world. In the past 20 years, he has championed the list 15 times.
Kaiting Ji replaced Facebook co-founder Dustin Moskowitz as the youngest billionaire. She is the daughter of Haipeng Ji, Board Chairman and CEO of Dragon Light Real Estate, which is listed in Hong Kong. The company is headquartered in Shenzhen in the mainland, and landed on the Hong Kong Union Exchange board on Dec. 9, 2013. Last year, the company’s revenue totaled 11.119 billion yuan.
Kaiting Ji is the non-executive director of the company; she owns 85 percent of its shares through different real estate companies and family trusts, worth approximately $1.3 billion. Her photo has never been released, and she is virtually unknown to the public.
In Mainland China, 152 billionaires made it to the list, ranking second behind the United States, which totaled 492. The richest man in the mainland is Wanda Group founder Wang Jianlin, ranking 64th on the list, with net assets worth $15.1 billion. Wang is followed by Tencent founder Huateng Ma, and Baidu founder Yanhong Li, who ranked 80 and 91 respectively.