Elon Musk No Longer on Top: Bernard Arnault Leads World's Richest List

Bernard Arnault, the chairman of the Louis Vuitton Moet Hennessy group, has taken the first place on the world's richest people list, surpassing Elon Musk. The data was presented by Forbes magazine.

According to the magazine, Arnault's wealth has increased by $21.6 billion and is currently estimated at $205.8 billion.

Elon Musk ranks second, with a combined capital from his Tesla and SpaceX companies totaling $204.2 billion. Following him is Amazon founder Jeff Bezos ($179.9 billion), Oracle co-founder Larry Ellison ($142.6 billion), and Meta CEO Mark Zuckerberg ($138.8 billion).

Also in the top ten of the world’s richest people are Berkshire Hathaway’s Warren Buffett ($125.9 billion) and Microsoft founder Bill Gates ($122.8 billion).