World richest man 2023

Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Elon Musk has displaced Bernard Arnault as the world's richest person, as Tesla stock surges and LVMH slumps Elon Musk has displaced Bernard Arnault as the world's richest person once again, thanks to Musk's wealth passed Arnault's on Wednesday after LVMH slipped nearly 3% in Paris trading, according to the The French conglomerate's stock plunge wiped over $5 billion off of Arnault's personal fortune, per Bloomberg, while Musk's wealth jumped nearly $2 billion as Tesla posted modest gains. Musk – who first

Musk and the 74-year-old Frenchman have been neck-and-neck for the top spot this year in the Bloomberg Billionaires Index, a listing of the world’s 500 richest people. Arnault first surpassed Musk in December as the tech industry struggled and luxury showed resilience in the face of inflation. LVMH, which Arnault founded, owns brands including Louis Vuitton, Fendi and Hennessy. Faith in the luxury sector’s buoyancy is starting to fade amid mounting signs of slowing economic growth, particularly in the critical market of China. LVMH shares have tumbled about 10% since April, at one point Musk, meanwhile, has gained more than $55.3 billion this year, largely due to Tesla. The Austin-based automaker — which comprises 71% of his fortune — has rallied 66% year-to-date. Musk’s fortune is now valued at about $192.3 billion, according to the index, while Arnault’s is about $186.6 billion.

In a society and era fueled by ambition and a drive for entrepreneurship, there is a distinguished set of individuals that's achieved unimaginable fortunes. These extraordinary leaders, who possess vision and innovation, have ascended to the highest echelons of success, elevating themselves to the exclusive ranks of the world's wealthiest individuals. And that's no small feat. After all, the net worth of the top 10 richest people surpasses the GDP of numerous nations. Today, their wealth is primarily concentrated in technology, finance, and retail industries. And the growing wealth disparity between them and the less privileged is a significant concern for people worldwide. This article unveils the identities of the top 10 richest people globally, shedding light on their remarkable accomplishments, entrepreneurial aptitude, and profound influence on the global economy. This ranked list is sourced from Also Read: Disclaimer: Currency values mentioned in this article are accurate as of 12.06.23 and are subject to fluctuation. Top 10 richest people in the world Name & Rank Country Net Worth (in Billions) Net Worth (in Rs crore) #1. Elon Musk USA $226.4 18,66,566 #2. Bernard Arnault & family France $217.5 17,95,663 #3. Jeff Bezos USA $146.2 12,05,353 #4. Larry Ellison USA $138.3 11,40,221 #5. Warren Buffett USA $117.1 9,65,437 #6. Bill Gates USA $115.2 9,49,772 #7. Larry Page USA $103.9 8,56,609 #8. Carlos Slim Helu Mexico $101.4 8,34,348 #9. Steve Ballmer USA $100.5 8,28,577 ...