The world's richest person got even richer this year. And a basketball superstar-turned-owner made the list for the first time.
Basketball legend Michael Jordan joined the list for the first time this year, thanks to his ownership in basketball team Charlotte Hornets and payouts form his Nike brand. Jordan had a net worth of $1 billion, the magazine said.
This is the 29th year that Forbes has released its billionaires list. The magazine said it calculated each person's wealth based on stock prices and exchange rates on Feb. 13, 2015.