World Richest Man: Tesla and SpaceX CEO Elon Musk has once again become the world's richest man, taking back the title from French luxury tycoon Bernard Arnault. According to the Bloomberg Billionaires Index, after losing $138 billion in 2022, Musk, encouraged by the success of Tesla and SpaceX, earned an additional $95.4 billion by the end of Thursday (December 28).

Arnault's net worth is now more than $50 billion after shares in LVMH Moët Hennessy Louis Vuitton SE fell amid a global slowdown in demand for luxury products. According to the index, Musk's total wealth is now estimated at $232 billion.

These are the top 5 richest men in the world

• Amazon founder Jeff Bezos added more than $70 billion to his account this year and is now in second place with Arnault.
• Whereas Meta's founder and CEO Mark Zuckerberg's wealth has increased by more than $80 billion.
• Arnault is the second richest man in the world with a net worth of $179 billion.
• After this, Bezos ($178 billion),
• Microsoft co-founder Bill Gates ($141 billion),
• Former Microsoft CEOs are Steve Ballmer ($131 billion) and Zuckerberg ($130 billion).

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Increase in collective net worth of rich people by 1.5 trillion dollars

According to the index, the collective net worth of the 500 richest individuals is expected to increase by $1.5 trillion in 2023. Which completely recovered from last year's loss of 1.4 trillion dollars. According to the news agency, due to the huge discussion about Artificial Intelligence (AI), the wealth of technology billionaires has increased by 48% or 658 billion dollars.

Superfast News Coverage By YuvaPatrkaar.com Team

Publish Date: December 31, 2023

Posted By Sunil

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