The Microsoft founder once again beat Mexican businessman Carlos Slim to the top spot.Mr Gates' net worth rose by just over $3bn (£1.94bn) in the year to 13 February, to $79bn.
There are a record 1,826 billionaires in the world, Forbes said, an increase of 181 in the past 12 months.
Mr Gates has now been top of the list for 16 of the last 21 years, Forbes added.
Legendary US investor Warren Buffett regained third place in the list with a net worth of $72.7bn, from Amancio Ortega, the founder of Spanish fashion chain Zara.
Here are the list of Top ten (10) most richest men in the world
2. Carlos Slim Helu $77.1bn (Phones and construction in Mexico)
3. Warren Buffett $72.7bn (Global investor)
4. Amancio Ortega $64.5bn (Zara and other fashion chains)
5. Larry Ellison $54.3bn (Oracle data storage technology)
6. Charles Koch $42.9bn (Industrialist)
7. David Koch $42.9bn (Industrialist)
8. Christy Walton $41.7bn (Walmart retail giant)
9. Jim Walton $40.6bn (Walmart retail giant)
10. Liliane Bettencourt $40.1bn (L'Oreal cosmetics firm)
The founders and chief executives of US technology firms dominated the list again, accounting for six of the top 20 richest men in the world.
The first woman on the rich list is Christy Walton, the widow of John Walton, one of the heirs to the Wal-Mart retail empire.
She has been declared the richest woman in the world for five of the last six years by Forbes.
Source: forbe
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