Forbes billionaire list 2023 Released, Now Elon Musk is not the richest person in world [Check Top 10]

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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.

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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)

RankNameNet Worth ( in Billions)
1Bernard Arnault & family$225.8
2Elon Musk$188.2
3Jeff Bezos$124.2
4Larry Ellison$114.6
5Bill Gates$107.5
6Warren Buffett$105.1
7Michael Bloomberg$94.5
8Carlos Slim Helu & family$90.3
9Larry Page$88.5
10Steve Ballmer$87.8
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