Bernard Arnault Overtakes Jeff Bezos as World’s Richest Man, Elon Musk Drops
- Bernard Arnault now sits as the wealthiest man alive with a net worth of $197 billion
- Elon Musk dropped further in the ranking days after losing the top spot, coming in third
- Jeff Bezos, who took over from Musk for the first time since 2021, only lasted 24 hours
- The top 10 richest people in the world, as of 21 February 2024, are worth over $1.44 trillion combined
According to the Bloomberg Billionaire Index data, a daily tracker of the world's wealthiest people, Bernard Arnault is now the world's richest man.
Source: Getty Images
The data showed that as of 7 March 2024, there are no billionaires in the world with a net worth reaching $200 billion.
Billionaire list changes
French billionaire and chairman of LVMH Moët Hennessy Louis Vuitton, Bernard Arnault Arnault, has surpassed Jeff Bezos to become the world's wealthiest individual, raising a net worth of $197 billion. This development shoots Arnault to the top spot, overtaking Bezos.
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Bezos surpassed Elon Musk in rankings for the first time since 2021, but his fortunes took a swift turn as his wealth plummeted by $755 million within 24 hours.
Musk now finds himself in third place, trailing behind Bezos, with a net worth of $189 billion.
10 Wealthiest men in the world as of Thursday, 7 March 2024
Here is how much the top 10 wealthiest men in the world are currently worth.
- Bernard Arnault: $197 billion
- Jeff Bezos: $196 billion
- Elon Musk: $189 billion
- Mark Zuckerberg: $178 billion
- Bill Gates: $148 billion
- Steve Ballmer: $139 billion
- Warren Buffett: $133 billion
- Larry Ellison: $127 billion
- Larry Page: $121 billion
- Sergey Brin: $115 billion
Billionaires and wealthy people in South Africa
Earlier, Briefly News reported that Johan Rupert, Patrice Motsepe and Douw Steyn are some of the billionaires in South Africa. They also generously share their wealth with others through different initiatives and organisations.
South Africa has one of the strongest economies and is home to some of the most affluent people. The country has the highest number of multimillionaires on the continent. The wealthiest people are also involved and invested in multiple industries and sectors.
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Source: Legit.ng
