American business magazine, Forbes, has released its 2023 list of 25 richest people in the world with Bernard Arnault knocking off Twitter Chief Executive Officer, Elon Musk, from the No. 1 spot.
OsunDaily News reports that Forbes describes Elon Musk drop from top spot as ” this year’s second-biggest loser”, adding that “Elon Musk, had it worse.”
Amazon boss, Jeff Bezos, was knocked from number. 2 in the world in 2022 to No. 3 this year as his company’s shares crashed by 38 per cent.
Also, among the top 25, two billionaires — Zhang Yiming, Changpeng Zhao lost their spots and were unable to make it on the list for this year.
Below are the list of Forbes 25 richest people in the world in 2023:
1. Bernard Arnault & family
(Net worth: $211 Billion | Source of Wealth: LVMH | Age: 74 | Citizenship: France)
2. Elon Musk
(Net worth: $180 Billion | Source of Wealth: Tesla, SpaceX | Age: 51 | Citizenship: U.S.)
3. Jeff Bezos
(Net worth: $114 Billion | Source of Wealth: Amazon | Age: 59 | Citizenship: U.S.)
4. Larry Ellison
(Net worth: $107 Billion | Source of Wealth: Oracle | Age: 78 | Citizenship: U.S.)
5. Warren Buffett
(Net worth: $106 Billion | Source of Wealth: Berkshire Hathaway | Age: 92 | Citizenship: U.S.)
6. Bill Gates
(Net worth: $104 Billion | Source of Wealth: Microsoft | Age: 67 | Citizenship: U.S.)
7. Michael Bloomberg
(Net worth: $94.5 Billion | Source of Wealth: Bloomberg LP | Age: 81 | Citizenship: U.S.)
8. Carlos Slim Helú & family
(Net worth: $93 Billion | Source of Wealth: Telecom | Age: 83 | Citizenship: Mexico)
9. Mukesh Ambani
(Net worth: $83.4 Billion | Source of Wealth: Diversified| Age: 65 | Citizenship: India)
10. Steve Ballmer
(Net worth: $80.7 Billion | Source of Wealth: Microsoft | Age: 67 | Citizenship: U.S.)
11. Françoise Bettencourt Meyers & family
(Net worth: $80.5 Billion | Source of Wealth: L’Oréal | Age: 69 | Citizenship: France)
12. Larry Page
(Net worth: $79.2 Billion | Source of Wealth: Google | Age: 50 | Citizenship: U.S.)
13. Amancio Ortega
(Net worth: $77.3 Billion | Source of Wealth: Zara | Age: 87 | Citizenship: Spain)
14. Sergey Brin
(Net worth: $76 Billion | Source of Wealth: Google | Age: 49 | Citizenship: U.S.)
15. Zhong Shanshan
(Net worth: $68 Billion | Source of Wealth: Beverages, pharmaceuticals | Age: 68 | Citizenship: China)
16. Mark Zuckerberg
(Net worth: $64.4 Billion | Source of Wealth: Facebook | Age: 38 | Citizenship: U.S.)
17. Charles Koch
(Net worth: $59 Billion | Source of Wealth: Koch Industries | Age: 87 | Citizenship: U.S.)
18. Julia Koch & family
(Net worth: $59 Billion | Source of Wealth: Koch Industries | Age: 60 | Citizenship: U.S.)
19. Jim Walton
(Net worth: $58.8 Billion | Source of Wealth: Walmart | Age: 74 | Citizenship: U.S.)
20. Rob Walton
(Net worth: $57.6 Billion | Source of Wealth: Walmart | Age: 78 | Citizenship: U.S.)
21. Alice Walton
(Net worth: $56.7 Billion | Source of Wealth: Walmart | Age: 73 | Citizenship: U.S.)
22. David Thomson & family
(Net worth: $54.4 Billion | Source of Wealth: Media | Age: 65 | Citizenship: Canada)
23. Michael Dell
(Net worth: $50.1 Billion | Source of Wealth: Dell Technologies | Age: 58 | Citizenship: U.S.)
24. Gautam Adani
(Net worth: $47.2 Billion | Source of Wealth: Infrastructure, commodities | Age: 60 | Citizenship: India)
25. Phil Knight & family
(Net worth: $45.1 Billion | Source of Wealth: Nike | Age: 85 | Citizenship: U.S.)
