Forbes released its 2014 list of the world’s richest people, with Microsoft’s co-founder Bill Gates reclaiming the top spot from Mexico’s telecommunications mogul Carlos Slim Helu, who topped the list for the past four years but has since taken the #1 spot as of October 2014.
According to Forbes, a record net worth of $31 billion was needed to make the top 20, which was up from $23 billion last year.
A brief overview of the Richest People in the World as of September 2014:
10) Alice Walton – $35.9 Billion
Another heir of the Walton fortune. Her father Sam Walton founded Walmart. Alice is known for her interest in curating art, culminating; she is Crystal Bridges Museum of American Art’s chairman. She is known for her support of Hillary Clinton in politics.
9) Jim Walton – Net Worth: $37.8 billion
Jim Walton is the youngest son of Sam Walton, the founder of Wal-Mart Stores. He is worth $34.7 billion, adding $3 billion more to his 2013 net worth according to Forbes. Walton is on the Wal-Mart Board of Directors, replacing his brother in 2005, and he is also the CEO of his family-owned Arvest Bank.