BUA Chairman, 12 Other Black Persons Make Forbes Billionaires List

Robert Kuok’s decline in wealth tracked a global trend that diminished the paper wealth of many billionaires. ― Reuters pic

Malaysia’s richest man slips out of world Top 100

It was a US$3.4-billion decrease - or 8.83 percent - on his 2018 estimated net worth of US$38.5 billion.

Facebook founder Mark Zuckerberg dropped three spots to No. 8 and former NY mayor Michael Bloomberg rose by two to ninth place.

Having come in at 96 richest man in the world last year, the Hong Kong-based Kuok is now 104, having gone from a net worth of US$14.5 billion in 2018, to a paltry (LOL!) US$12.8 billion this year.

The list of Indian billionaires includes Aditya Birla Group Chairman Kumar Birla (122), Chairman and founder of the Adani Group Gautam Adani (167), Bharti Airtel head Sunil Mittal (244), co-founder of consumer goods giant Patanjali Ayurveda Acharya Balkrishna (365), Piramal Entreprises Chair Ajay Piramal (436), Biocon founder Kiran Mazumdar-Shaw (617), Infosys co-founder N R Narayana Murthy (962) and RCom chairman Reliance Anil Ambani (1349).

Forbes has released the World's Billionaire list for 2019. Chairman Roberto V. Ongpin at the 1941 spot with $1.1 billion.

However, the Sugar King's fall from the graces of the top 100 is in keeping with a wider trend according to Forbes - many other billionaires was the fortunes take a downward turn over the previous year.

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United next travel to Arsenal , who are one point behind Solskjaer's side, in the battle for a Premier League top four spot. Defender Luke Shaw also pointed to United's ideal away record under Solskjaer. "It's been tough.

Hart a year ago gave the University of Otago $10 million to build a new dental school in South Auckland - the biggest donation in the university's history. Those Asia-Pacific's rich took the hardest hit, with "60 fewer 10-figure fortunes". He's closely followed by Nigerian oil and telecoms mogul, Mike Adenuga, with $9.1bn.

All together, the ultra-rich are worth $8.7 trillion, down $400 billion from 2018, and 247 people dropped out of the ranking - the most since 2009 at the height of the global financial crisis, Forbes reported.

Gilbert is worth more this year. Mr Wynn's ex-wife, Elaine Wynn, saw her ranking in the list fall to 1,116th place this year with an estimated worth of US$2.1 billion.

Forbes said he is the richest Indian and ranked 32nd on the 2018 Powerful People listing of the magazine.

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.

This represents the first decrease in billionaires and their combined wealth since 2016 and only the second decrease in the past decade.

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