Elon Musk Loses Forbes’ ‘Richest Billionaire In The World’ Title

Elon Musk Loses Forbes’ ‘Richest Billionaire In The World’ Title

Elon Musk appears to have slipped down the list of the world’s billionaires to second place as Bernard Arnault takes the top spot in the pantheon of the world’s richest people.

Tesla owner Musk, 51, who bought Twitter for $44billion (£35bn), last year earned the top spot on the Forbes World Billionaires list, which reckoned he had a net worth of $216bn.

But now it seems the Californian is in second place behind Bernard Arnault, 74, the chairman of French luxury goods giant LVMZ, which owns brands such as Louis Vuitton, Christian Dior and Tiffany & Co.

CNN reported that Arnault was able to overthrow Musk in the annual list after his net worth grew more than $50bn (£40bn) to $211bn (£169bn), as Musk’s net worth slumped to $180bn (£144bn) , $39bn (£31bn) less than it was last year, thanks to the purchase of Twitter which was funded by Tesla shares.

Forbes said: “Musk has mostly tweeted himself out of the top spot on the ranks.”

Idowu Babalola Photo
Idowu Babalola

Socially Not Social. IG & Twitter - @Braggamando

All author posts
Related Posts
2026 WCQ: Super Eagles ready for ‘crucial game’ vs Rwanda — Alex Iwobi
2026 WCQ: Super Eagles ready for ‘crucial g...

Fulham star midfielder, Alex Iwobi says the Super Eagles are fully prepared for Saturday’s must-win 2026 FIFA World Cup...

Movie director James Toback ordered to pay $1.68 billion to s3xual harassment accusers
Movie director James Toback ordered to pay $1...

A New York jury has awarded $1.68 billion in damages to 40 women who accused film director James Toback...

Trump’s daughter, Tiffany engaged to 23-year-old billionaire Michael Boulos
Trump's daughter, Tiffany engaged to 23-year-...

Donald Trump’s youngest daughter Tiffany Trump has announced her engagement. The 27-year-old said “Yes” when her 23-year-old billionaire boyfriend...

Write A Comments