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Elon MuskCEO of Tesla, SpaceX and Twitterlost his place at number 1 on the “List of World’s Billionaires” presented by the magazine Forbes annually.
According to the publication, Musk’s net worth is estimated at $180 billion, about $39 billion less than last year.
fashion prevails
Who is currently at the top of the table Bernard Arnaultchairman of luxury goods conglomerate LVMH.
Arno saw his net worth increase by more than $50 billion in 2022, reaching the figure of $211 billion.
This indicator Forbes differs from bloombergwhich is updated periodically over a shorter period of time.
Bernard Arnault 2022 was an ‘exceptional’ year, according to Forbes. LVMH brings together Louis Vuitton, Christian Dio and Tiffany & Co., companies that have achieved record profits.
His shares are up 25% in the past year, and the richest man in the world recently set up an inheritance plan for his children.
Is it all Twitter’s fault?
According to the report, the decline in wealth Elon Musk Yes, this is due to the $44 billion purchase of the social network.
This amount was funded by Tesla shares, prompting the mogul to sell his positions and lower their value. Since then, the shares have been worth less than before the purchase.
The feature of the list is that Forbes says that there are fewer and fewer billionaires in the world: from 2668 to 2640 people.
“This has been another rare negative year for the richest people on the planet. Nearly half of the list is poorer than it was 12 months ago, but a lucky few are billions or even tens of billions of dollars richer,” said the senior editor. ForbesChase Peterson-Whithorn.
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Source: RPP

I am Ben Stock, a passionate and experienced digital journalist working in the news industry. At the Buna Times, I write articles covering technology developments and related topics. I strive to provide reliable information that my readers can trust. My research skills are top-notch, as well as my ability to craft engaging stories on timely topics with clarity and accuracy.