This list of billionaires
is based on an annual ranking of the world's wealthiest people compiled and published by Forbes
magazine on March 9, 2006. Forbes is an American
national business magazine. There are 793 billionaires on Forbes list with 102 newcomers, from 49 countries. More than half of the billionaires are from the United States
. 2006 saw an increase in billionaires from Russia
, and Brazil
mainly due to economic growth in these countries. The combined net worth of the list is US$
, an 18% increase from 2005
The total net worth is an estimate measured in United States dollars
, based on the closing stock prices
of the stock exchanges
on which each person's company is listed on, and exchange rates
on February 9, 2006. Stock prices are defined as shares of ownership in a corporation, and exchange rates are defined as how much one currency is worth in terms of another. This list only represents each person's valuation on a single day due to daily fluctuations among exchange rates and stock valuations.
<center><gallery caption="The world's wealthiest people" perrow="5" widths="100" heights="100"><!-- freely licensed images only -->image:Bill Gates in Poland cropped.jpg|<center>Bill Gates
</center>Image:Warren Buffett KU Visit.jpg|<center>Warren Buffett
</center>Image:Carlos Slim moustache.jpg|<center>Carlos Slim......