Only billionaires accounted for on Forbes rich list

EARNING $1 million per hour, casino magnate Sheldon Adelson has shot to number three on the latest Forbes magazine American rich list, the first on which all 400 members were billionaires.

Only billionaires accounted for on Forbes rich list

Their collective worth increased by $120 billion over the past year, to $1.25 trillion.

Microsoft founder Bill Gates kept his top spot on the Forbes list for the 13th straight year as his fortune grew to $53bn.

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