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October 7, 2015 / 24 Tishri, 5776
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Bloomberg Rated as World’s 13th Richest Billionaire

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New York Mayor Mike Bloomberg’s worth is now around $27 billion, according to Forbes, placing him as the 13th richest billionaire in the world.

At the top of the list for the second year in a  row is Mexico’s telecom entrepreneur Carlos Slim Helu and his family, whose worth is an astonishing $73 billion.

Oracle CEO Larry Ellison, who was born to an unwed Jewish mother, is in firth place at $43 billion. He is the world’s richest Jew, followed by the 10th richest man, French businessman and art collector Bernard Arnault and his family, with an estimated worth of $29 billion.

Gambling casino mogul Sheldon Adelson was in 15th place two spots behind Bloomberg, with a word of $26.5 billion.

The world’s rich-poor gap continues to grow. The Forbes list of billionaires has grown to 1,426 names, whose collective net worth is $5.4 trillion.

For comparison, the US national debt is now at $16.7 trillion.

About the Author: Tzvi Ben Gedalyahu is a graduate in journalism and economics from The George Washington University. He has worked as a cub reporter in rural Virginia and as senior copy editor for major Canadian metropolitan dailies. Tzvi wrote for Arutz Sheva for several years before joining the Jewish Press.

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