Elon Musk, pictured at the 2022 Met Gala, is no longer the richest person in the world. Elon Musk is no longer the world's richest person after being overtaken—again—by French billionaire Bernard Arnault.
Who is the richest man in the world? As of June 1, 2023, the richest man in the world is Bernard Arnault, the CEO and chairman of LVMH of France; he's worth $215 billion. He moved into the number one spot after Elon Musk's fortune fell in late 2022 as shares of electric carmaker Tesla fell.
Musk's net worth has risen to 187 billion dollars, which is a huge increase from the beginning of 2023 when he had a net worth of 137 billion dollars. As of September 2021, Musk is the world's richest person, taking that position from Amazon founder Jeff Bezos.
Some reports claim that the then-35-year-old businessman used $15 million from the family business to buy the failing luxury goods company that owned the fashion brand Christian Dior, Boussac Saint-Frères, in 1984.
Walton Family
The Walton family knows its way around some retail revenue. Its namesake, mega-retailer Walmart, has an estimated global revenue of $611.3 billion. As the family owns nearly half of the company, they should be quite comfortable for generations to come.
1. Elon Musk – $221 billion. With a current wealth of $221 billion, Elon Musk maintains his position as the world's wealthiest person. The valuation of his current firm, Tesla, which manufactures electric vehicles, is over $800 billion.
Tesla and SpaceX CEO Elon Musk could become the first person to ever accumulate a $1 trillion net worth, and it could happen as soon as 2024, says a new report. Musk is currently said to be the richest person in the world, overtaking former Amazon CEO Jeff Bezos last year to claim the title, reports Teslarati.
Leading the race is Tesla and Space X Founder Elon Musk. With a current net worth of US$263 billion and an annual growth rate of 129 per cent, Musk is anticipated to reach US$1.38 trillion in the next two years at age 52. It was in fact Jeff Bezos who was set to become the first trillionaire.
The top of our list is none other than Mansa Musa. You know you've made it when no one can describe how rich you are. The King of Timbuktu from the 14th century presided over what was the largest producer of gold in the world, when gold was in high demand.
Forbes' real-time data shows that as of June 2023, there are 47 Australian billionaires on the list of the world's richest people.
In broader terms, the finance and investment profession has the most millionaires. It also has the most billionaires, with 371. Here's a list of the seven best careers if you want to be a millionaire.
A trillionaire is an individual with a net worth equal to at least one trillion in U.S. dollars or a similarly valued currency, such as the euro or the British pound. Currently, no one has yet claimed trillionaire status, although some of the world's richest individuals may only be a few years away from this milestone.
The American business magazine Forbes produces a global list of known U.S. dollar billionaires every year and updates an Internet version of this list in real-time. The American oil magnate John D. Rockefeller became the world's first confirmed U.S. dollar billionaire in 1916.
One trillion equals a thousand billions, or million millions. 1 trillion consists of 1 followed by 12 zeros, that is, 1, 000, 000,000, 000 and can be written as 1012 (ten to the twelfth power). It takes about 32,000 years to finish 1 trillion seconds.
Despite remaining one of the richest people on the planet, Musk's wealth has fallen drastically on the back of his Twitter acquisition and a raft of problems at Tesla, including slowing sales. In late 2021, Forbes named him the richest person in history with a fortune nearing $300 billion.
quadrillionaire (plural quadrillionaires) Somebody whose wealth is greater than one quadrillion units of the local currency. quotations ▼ (by extension) An extremely wealthy person.
He was born into a family of considerable wealth and had a knack for technology and entrepreneurship at a young age. He wrote and sold the code for a video game when he just 12 years old. But his dreams lay on the other side of the world in America.
His father, Errol Musk, is a South African electromechanical engineer, pilot, sailor, consultant, and property developer, who partly owned a Zambian emerald mine near Lake Tanganyika. Musk has a younger brother, Kimbal, and a younger sister, Tosca. Musk's family was wealthy during his youth.
There are plenty of online dating websites that cater to people who are looking to date wealthy people, such as MillionaireMatch.com, Sugardaddie.com, DateAMillionaire.com, and many others. Some websites have income verification tools that ensure that the person you are matching with has the income they claim.
Attend charity events. Charity balls, silent auctions, golf tournaments, polo matches, and anything involving a cultural or medical institution are excellent places to meet rich men. Often the less familiar the cause the richer the donors as the filthy rich often take pride in supporting charities few have heard of.
In the American system each of the denominations above 1,000 millions (the American billion) is 1,000 times the preceding one (one trillion = 1,000 billions; one quadrillion = 1,000 trillions).