New Delhi: Former chairman and founder of Microsoft Bill Gates ranked second in the world’s rich list as per Bloomberg Billionaires Index with a net worth of $107 billion, stated a report. Besides, he is just a $ billion away from securing the number one rank in the global rich list.

According to Forbes, as on October 13, 2019, Amazon founder Jeff Bezos ranked first in the global rich list with a net worth of 108.2 billion while the net worth of Bill Gates was estimated at 105.5 billion. Notably, while Bill Gates had gained wealth amounting to nearly $16.5 billion this calendar year, Jeff Bezos had lost around $16.7 billion from his net worth of wealth, stated a report.

Bill Gates had been the richest person in the world over the last two decades. However, with the 2008 stock market crisis, the net worth of the Microsoft founder took a massive beating and Jeff Bezos claimed the throne as the world’s richest person in 2018, added the report.

Here are the top 10 richest persons in the world and the net worth of their assets as per the Bloomberg Billionaires Index as on 12 October 2019:

1. Jeff Bezos: $108 billion

2. Bill Gates: $107 billion

3. Bernard Arnault: $97.1 billion

4. Warren Buffett: $82.1 billion

5. Mark Zuckerberg: $71.1 billion

6. Amancio Ortega: $68.5 billion

7. Larry Ellison: $61.1 billion

8. Charles Koch: $60.3 billion

9. Larry Page: $59.2 billion

10. Sergey Brin: $57.5 billion

The final net worth is calculated as the sum total of all the assets held by a person in his name in the form of tangible and intangible assets including bank balances and the market value of equity, property, land, vehicles and other assets.

Earlier this year in July, reports stated that Louis Vuitton Moët Hennessy owner Bernard Arnault had replaced Microsoft Corporation co-founder Bill Gates to take the world’s second-richest person spot in a biggest individual gain. Note that the net worth of billionaires varies in accordance with the varying market prices of the underlying equity assets.