Forbes’s 2015 billionaires list: Bill Gates retains title as world’s richest person

Microsoft Co-founder, Bill Gates retained the title of the world’s richest person in the Forbes 2015 billionaire list. Mr. Gates has topped the list for 16 of the last 21 years, with a net worth of $79 billion and Mexico’s telecommunications mogul Carlos Slim Helu is at second place.

As per the Forbes’ 29th annual ranking of the world’s billionaires 2015

Total number of billionaires in the world: 1826 with combined net worth of $$7.05 trillion.

The US leads the list of billionaires in the world with 536 billionaires, followed by China (213), Germany (103), India (90) and Russia (88).

  • Top 5 billionaires: Bill Gates ($79 billion), Mr. Carlos Slim Helu ($77.1 billion), Mr. Warren Buffett ($72.7 billion), Mr. Amancio Ortega ($64.5 billion) and Mr. Larry Ellison ($54.3 billion).
  • Highest ranked women on the list: Christy Walton (8), with a net worth of $41.7 billion.
  • World’s youngest billionaire: Evan Spiegel (1250) founder of Snapchat from United States.
  • From Internet field: com Inc’s founder Jeff Bezos (15), Facebook Inc’s Mark Zuckerberg (16), and Google Inc founders Larry Page and Sergey Brin ranked 19th and 20th.
  • Business Tycoon, Mr. Mukesh Amabani: India’s richest person for the 8th year in a row. Mr. Ambani is ranked 29th globally with net worth of $21 billion.
  • It should be noted that India has 90 billionaires in this edition of list.

About Forbes’s list of billionaires

The Forbes list of billionaires is an annual ranking of the world’s wealthiest people, compiled and published by the American business magazine Forbes. The list only represents each person’s valuation on a single day, due to daily fluctuations among exchange rates and stock valuations

Russia and Cyprus sign military deal on port access in Mediterranean Sea

Cyprus has signed an agreement with Russia to give Russian navy ships access to Cypriot ports in the Mediterranean Sea.

The agreement in this regard was signed by Russian President Vladimir Putin and his Cyprus counterpart President Nicos Anastasiades in Moscow.

Military deal between both nations comes at the time when the tensions between Russia and Western countries over the Ukrainian conflict have worsened.

Key facts about agreement

  • Russia will use these ports in Cyprus to dock its naval ships for the purpose of counter-terrorism and anti-piracy operations.
  • Russia is also looking to use an air base in Cyprus for humanitarian relief missions in this region.
  • It is also considered that by building up base in Cyprus, will replace its search for base in Mediterranean since it has lost its previous base in on Syria in the Syrian crisis.

RIC Forum calls for early conclusion of Comprehensive Convention on International Terrorism

Russia, India and China have called for an early conclusion of negotiations on the Comprehensive Convention on International Terrorism in the RIC Forum held in Beijing.

In this regard, a joint communiqué was issued by 3 nations in the 13th trilateral meeting of foreign ministers, under this forum.

India’s External Affairs Minister Sushma Swaraj, Chinese foreign Minister Wang Yi and Russian foreign Minister Sergey Levrov had participated in the meeting.

Key highlights of RIC Forum

  • Condemned terrorism- Participating countries strongly condemned terrorism in all forms. They even mentioned that there can be no ideological, political, racial, ethnic or any other justification for acts of terrorism.
  • Join efforts to combat terrorism- Ministers affirmed the need for all countries to join efforts in combating terrorism under the auspices of United Nations.
  • Support to India- Russia and China supported India’s aspiration to play a greater role in the United Nations. They also welcomed India’s application for full membership of the Shanghai Cooperation Organisation (SCO).
  • Economic front- All members expressed their support for the forthcoming WTO 10th Ministerial conference in December 2015, to expand their cooperation in several areas including agriculture, medical services and disaster relief.
  • Other Issues- They also discussed various issues including efforts to counter the threat of use of information and communication technologies for military and terrorism purposes, preventing arms race in outer space, solution to Iranian nuclear issue, latest developments in Syria, Israel- Palestine conflict and current crisis in Ukraine.

The next trilateral meeting of the RIC Forum will be held in Russia later in 2015.