Forbes billionaire list 2023: Bernard Arnault, chairman of French luxury goods company LVMH, became the world’s richest person, replacing Tesla boss Elon Musk, whose net worth reduced by about $39 billion in the past year to $180 billion, according to the Forbes’ annual ‘World’s Billionaire’s List 2023′.
The estimated current net worth of Bernard Arnault has increased by more than $50 billion in the past year to $211 billion. Arnault and Elon Musk frequently switch positions on Forbes’ list of ‘Real-Time Billionaires’.
According to Forbes, Musk’s fortune has decreased since his $44 billion purchase of Twitter, which was financed with Tesla shares, concerning investors and causing Tesla stock to drop drastically last year. Tesla recovered a good portion of those losses this year but is still far lower than it was before Musk purchased Twitter.
Tesla shares have decreased by 50% since Elon Musk took control of Twitter a year ago, according to Forbes. According to the magazine, SpaceX is a success for Musk because its valuation climbed by $13 billion to $140 billion over the previous year.
Top 10 Richest Persons in World (April 6, 2023)
| Rank | Name | Net Worth ( in Billions) |
| 1 | Bernard Arnault & family | $225.8 |
| 2 | Elon Musk | $188.2 |
| 3 | Jeff Bezos | $124.2 |
| 4 | Larry Ellison | $114.6 |
| 5 | Bill Gates | $107.5 |
| 6 | Warren Buffett | $105.1 |
| 7 | Michael Bloomberg | $94.5 |
| 8 | Carlos Slim Helu & family | $90.3 |
| 9 | Larry Page | $88.5 |
| 10 | Steve Ballmer | $87.8 |