Bill Gates no more the richest man on earth: Jeff Bezos is !!

Bill Gates of Microsoft has remained on top of the world's richest men's chart for many years - unchallenged. But not anymore, you may be amazed to know.

Yes it is Jeff Bezos, 53 years old whose personal wealth surpasses $91 billion as compared to the 61 years old Gates who has held the top spot since May 2013.

Jeff Bezos is the  owner of on line retail giant Amazon and Amazon has jumped 1.8 percent to $1,071.31 per share after the announcement was made las t Thursday.

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Putin tops Forbes' 2015 ranking for World's Most Powerful People

Although the USA dominates the world scene and its president wields tremendous power and weight when it comes to settling global issues, Russia's president Vladimir Putin has quietly moved to the Forbes' 2015 ranking for World's Most Powerful People.

And this is not for this year only - he is there for last three consecutive years. The annual ranking of 2015 was published by the U.S. magazine on Wednesday.

As for the two remaining positions on the victory stand, German Chancellor Angela Merkel has taken the runner-up spot in the ranking, jumping up from last year’s fifth spot. U.S. President Barack Obama went down one spot to third on the list.

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