Elon Musk Regains Top Spot in Global Billionaires Ranking
Mark Zuckerberg secures second place as his wealth rises substantially
In the latest global billionaires ranking, Elon Musk has reclaimed his position as the wealthiest person in the world, surpassing other notable figures in the trade.
Musk's net worth now stands at approximately $236 billion, largely attributed to the rising valuation of Tesla, the electric vehicle manufacturer he leads.
Mark Zuckerberg, the co-founder of Meta Platforms, Inc., has experienced a significant boost in his fortune, elevating him from fourth to second place in the rankings.
His net worth increased by $39 billion over the past year, reaching a total of $216 billion; largely influenced by the performance of Meta’s stock and the growth of its social media platforms.
Jeff Bezos, the founder of Amazon, ranks third with a net worth of $215 billion.
Bezos's wealth remains closely tied to the performance of Amazon, one of the world's largest e-commerce businesses.
Larry Ellison, co-founder and former CEO of Oracle, occupies the fourth position with a fortune estimated at $192 billion.
Ellison's wealth has been bolstered by the success of Oracle's cloud computing services.
Bernard Arnault, the chairman and CEO of LVMH (Moët Hennessy Louis Vuitton), previously the leader in the rankings, now ranks fifth with a net worth of $178 billion.
Arnault's wealth reflects the performance of luxury goods during a recovery period post-pandemic, with strong consumer demand noted in various markets globally.
Musk's net worth now stands at approximately $236 billion, largely attributed to the rising valuation of Tesla, the electric vehicle manufacturer he leads.
Mark Zuckerberg, the co-founder of Meta Platforms, Inc., has experienced a significant boost in his fortune, elevating him from fourth to second place in the rankings.
His net worth increased by $39 billion over the past year, reaching a total of $216 billion; largely influenced by the performance of Meta’s stock and the growth of its social media platforms.
Jeff Bezos, the founder of Amazon, ranks third with a net worth of $215 billion.
Bezos's wealth remains closely tied to the performance of Amazon, one of the world's largest e-commerce businesses.
Larry Ellison, co-founder and former CEO of Oracle, occupies the fourth position with a fortune estimated at $192 billion.
Ellison's wealth has been bolstered by the success of Oracle's cloud computing services.
Bernard Arnault, the chairman and CEO of LVMH (Moët Hennessy Louis Vuitton), previously the leader in the rankings, now ranks fifth with a net worth of $178 billion.
Arnault's wealth reflects the performance of luxury goods during a recovery period post-pandemic, with strong consumer demand noted in various markets globally.
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