The CEO of Tesla and SpaceX, Elon Musk, has become the world’s richest person, according to Forbes magazine’s latest billionaires list, published on Tuesday.
Musk is atop the World’s Billionaires list for the first time ever. As of March 11, the businessman was worth an estimated $219 billion, after his fortune soared by $68 billion over the past year amid a surge of 33% in the share price of his electric vehicle maker Tesla.
Musk’s net worth is $48 billion more than the fortune of Jeff Bezos, who fell to the second spot for the first time in four years due to a drop of 3% in the stock of his retail giant Amazon. Moreover, the billionaire had reportedly increased charitable giving, which wiped $6 billion from his net worth.
French luxury goods tycoon Bernard Arnault landed in the third spot of the ranking, with an estimated fortune of $158 billion. The LVMH chief reportedly added $8 billion to his fortune over the past year.
According to Forbes’ calculations, the world’s billionaires are worth an estimated $12.7 trillion, which is $400 billion less than in 2021.
The entire list includes 2,668 people, with 735 of them from the US and 607 from China. The number of Russian billionaires on the list is 83.
For more stories on economy & finance visit RT’s business section
© 2022, paradox. All rights reserved.
The man who critically injured Slovak Prime Minister Robert Fico on Wednesday was a fierce…
The Asia-Pacific region should be free of military blocs because of their potential to undermine…
Russian President Vladimir Putin was welcomed with an honor guard after his plane touched down…
Russian President Vladimir Putin has set the stage for his state visit to China by…
С каждым днем онлайн-казино становятся все более популярными среди азартных игроков. И это вполне логично:…
Russian President Vladimir Putin has officially appointed Andrey Belousov as the new minister of defense.Belousov,…