It recently bought the popular social media platform for an astronomical $44 billion. Elon Muskhas long been number one on the list of the richest people in the world. However, information from Forbes’ list of billionaires showed that the 51-year-old entrepreneur had temporarily lost this title.

According to Forbes, the Tesla CEO lost his title following his takeover of Twitter and the sharp drop in his stake in electric car company Tesla. Number one is the CEO of LVMH, the parent company of fashion giant Louis Vuittion. Bernard Arnold and his family settled with $185.4 billion. Musk, however back to number one soon after settled down.

Musk has been number one on Forbes’ list since September 2021

Elon Musk, the head of technology giants like Tesla, SpaceX and Neuralink, from September 2021 He has since topped Forbes’ list of billionaires. The famous businessman had led the way by surpassing Amazon founder Jeff Bezos.

The famous billionaire’s net worth is on Nov. 8 when investors sold his Tesla shares because Musk was too busy with Twitter. under $200 billion has fallen. In addition, let’s not forget that Musk’s fortune has fallen by $70 billion since his bid for Twitter in April, and Tesla has lost nearly half of its market value.

Returning to Forbes’ list, Bernard Arnault and his family are currently in second place. In third place is businessman Gautam Adami, who surpassed Jeff Bezos. According to Forbes, the five richest people in the world and their wealth are as follows;

According to Forbes, the five richest people in the world are;

1. Elon Musk (USA) – $184.9 billion
2. Bernard Arnault and his family (France) – $184.7 billion
3. Gautama Adani (India) – $134.8 billion
4. Jeff Bezos (USA) – $111.3 billion
5. Warren Buffet (US) – $106.2 billion