There Are 16 Fewer Billionaires in the World in 2016

Every year, Forbes releases its updated list of the world's billionaires. Some things tend to remain pretty consistent from year to year: Bill Gates is usually No. 1, or close to it; the U.S. has more billionaires than any other single country; new billionaires are often tech entrepreneurs or investors. What's different about this year? Well, for the first time since the recession, the number of billionaires in the world declined, from 1,826 in 2015 to 1,810 in 2016.