Dec 14, 2022
By: Sourabh JainElon Musk is no longer the world’s richest man and has been displaced to the second position.
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Musk has been replaced by Bernard Arnault, LVMH chairman, as the world’s richest man.
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Let’s look at the new list of top 10 richest people in the world as per the Bloomberg Billionaire Index.
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French tycoon Bernard Arnault has topped the list with a net worth of $171 billion.
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Elon Musk takes the second position with a net worth of $164 billion. The Twitter owner’s net worth declined the most this year, by $107 billion.
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Indian tycoon Gautam Adani retained his third position with a net worth of $125 billion. Adani is the only billionaire in the top ten list to report an increase in his net worth this year – of $48.6 billion.
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Amazon founder Bezos takes the fourth position with a net worth of $116 billion. Bezos lost $76.6 billion in net worth in 2022.
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Microsoft co-founder Bill Gates occupies the fifth position with a net worth of $116 billion. Gates has reported a decline of $22.5 billion this year.
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Berkshire Hathaway chairman Warren Buffett is the world’s sixth richest man with a net worth of $108 billion.
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Oracle founder Larry Ellison is the world’s seventh richest man with a net worth of $92.9 billion. He has lost $14.2 billion in net worth in 2022.
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Former Microsoft chief Steve Ballmer occupies the eighth position with a net worth of $90.7 billion. Ballmer’s net worth has declined by $14.9 billion in the past year.
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Reliance Industries chairman Mukesh Ambani is in the ninth position with a net worth of $89.7 billion.
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Alphabet co-founder Larry Page is the world’s tenth richest man with a net worth of $88.8 billion. Page’s net worth has declined by $39.6 billion this year.
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