LVMH owner Bernard Arnault ousted Elon Musk from the top spot in the Forbes billionaire list

LVMH owner Bernard Arnault ousted Elon Musk from the top spot in the Forbes billionaire list

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The annual ranking of the richest people in the world according to Forbes headed by the owner of the French concern LVMH (Louis Vuitton Moet Hennessy) Bernard Arnault. The publication estimated his fortune at $211 billion (against $158 billion a year ago).

Former leader – American businessman (SpaceX, Tesla, Twitter, etc.) Elon Musk fell to the 2nd line of the rating. Forbes estimated his fortune at $180 billion (a year ago it was $219 billion).

Third place with a fortune of $114 billion (against $171 billion in 2022) is occupied by Amazon founder Jeff Bezos. On the 4th line is the founder of Oracle Larry Ellison, whose fortune the publication estimated at $107 billion. Warren Buffett, the head of Berkshire Hathaway, closes the top five with $106 billion ($118 billion last year). Microsoft founder Bill Gates dropped from 4th to 6th place – the publication estimates his fortune at $104 billion (against $129 billion a year earlier).

The top 10 also includes Bloomberg media empire founder Michael Bloomberg ($94.5 billion), Indian businessman Mukesh Ambani ($83.4 billion) and Microsoft co-founder Steve Ballmer ($80.7 billion). Forbes named L’Oreal co-owner Francoise Bettencourt-Myers the richest woman in the world with $80.5 billion.

When assessing fortunes, the publication relied on the value of shares of companies owned by billionaires and exchange rates on March 10, 2023.

Grigory Leiba

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