Elon Musk loses 1st place on Forbes richest list

Elon Musk comes in second with an estimated fortune of $183.5 billion (Image: NVIDIA Corporation/Flickr)

The entrepreneur Elon Musk left the post of richest person in the world, according to the list compiled by the magazine forbes released on Wednesday, February 1st.

The founder of Teslalost the leadership of the ranking to the French Bernard Arnault, CEO of LVMH, the largest luxury goods company in the world, with around 70 fashion and cosmetics brands, including Louis Vuitton, Christian Dior, Moet & Chandon and Sephora.

Arnault, at the top of the list, has a fortune of US$ 213.3 billion, according to last Thursday’s estimate, 2, of the magazine’s real-time ranking.

Elon Musk appears in second place, with an estimated fortune of US$ 183.5 billion.

According to the publication, Elon Musk he remained the richest person in the world until December of last year, when his fortune declined due to the fall in Tesla’s share price.

Elon Musk saw the company’s stock drop more than 50% from its peak in November 2021 to January 31, 2023.

The magazine points out that two billionaires left the top 10 of the richest list. Mark Zuckerbergpresident of Goalholding company Facebook, Instagram It is Whatsappwas the fifth richest person in the world as of March 2021, with a fortune of $97 billion.

With the company’s shares having fallen more than 40% since then, Zuckerberg now ranks 22nd, with $55.2 billion.

Goal
With the company’s shares having fallen more than 40% since then, Zuckerberg now ranks 22nd, with $55.2 billion (Image: Reuters/Stephem Lam)

The Indian Gautam Adani, from the Adani Group, who reached the 3rd position in the ranking of the richest people in the world, ended up leaving the top 10 on Wednesday (01).

After the conglomerate was accused of fraud by the US investment company Hindenburg Research.

Real-time ranking positions of the richest in the world:

Name / Estimated fortune

1. Bernard Arnault / $213.3 billion
two. Elon Musk /$183.5 billion
3. Jeff Bezos / $128.3 billion
4. Larry Ellison / $114 billion
5. Warren Buffett / $108 billion
6. Bill Gates / $105.2 billion
7. Carlos Slim Hell / $92.2 billion
8. Larry Page/ $87 billion
9. Sergey Brin / $83.4 billion
10. Mukesh Ambani / $82.9 billion

Source: Moneytimes

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