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|
|8||Carlos Slim Helu & family||$90.3|