Tesla CEO Elon Musk has become the richest person in the world with a net worth of $219 billion, according to Forbes magazine on April 5.
Forbes used stock prices and exchange rates from March 11, 2022, to calculate the net worth of billionaires. Amazon founder Jeff Bezos has dropped to the second place for the first time in the past four years.
Forbes said war, the pandemic, and sluggish markets hit the world's billionaires this year. As per Forbes' 36th annual ranking of the planet's richest people, there are 2,668 billionaires in the world, which is 87 fewer than a year ago. They are worth a collective $12.7 trillion — $400 billion less than in 2021.
Let's take a look at the top 10 richest persons in the world:
- Elon Musk, Tesla CEO - Wealth: $219 billion
2. Jeff Bezos, Founder of Amazon - Wealth: $171 billion
3. Bernard Arnault & family, LVMH CEO - Wealth: $158 billion
4. Bill Gates, Former Microsoft Head and Co-founder of Bill & Melinda Gates Foundation - Wealth: $129 billion
5. Warren Buffet, Chairman of Berkshire Hathaway - Wealth: $118 billion
6. Larry Page, Co-founder of Google - Wealth: $111 billion
7. Sergey Brin, Former President of Alphabet - Wealth: $107 billion
8. Larry Ellison, Co-founder of Oracle Corporation - Wealth: $106 billion
9. Steve Ballmer, Former CEO of Microsoft - Wealth: $91.4 billion
10. Mukesh Ambani, Chairman and Managing Director of Reliance Industries - Wealth: $90.7 billion
News Source: China Daily
