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The title of the world’s richest particular person now not belongs to Elon Musk.
On Forbes’ real-time billionaires record, Musk at the moment holds the No. 2 spot, together with his internet price estimated to be $176.6 billion. It has fallen roughly $4.7 billion since 5 p.m. Monday, in response to the record.
Elon Musk attends the 2022 Met Gala at The Metropolitan Museum of Artwork on Might 2, 2022, in New York Metropolis. (Dimitrios Kambouris/Getty Photographs for The Met Museum/Vogue / Getty Photographs)
Bernard Arnault, the CEO of French luxurious large LVMH, has overtaken the Tesla CEO. Arnault and his household’s fortune is now price $188.6 billion, greater than anybody else on the planet, per Forbes.
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Rounding out the highest 5 richest individuals on the Forbes real-time billionaires record are Adani Group chairman Gautam Adani at $134 billion, Amazon founder Jeff Bezos at $115.4 billion and Berkshire Hathaway CEO Warren Buffett at $108.4 billion.
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Musk’s present slide to the No. 2 spot comes as Tesla’s shares are down greater than 3% right now and greater than 50% year-to-date. Musk is Tesla’s largest particular person shareholder, proudly owning an roughly 14% stake.

FILE – Elon Musk, Tesla CEO, attends the opening of the Tesla manufacturing unit in Gruenheide, Germany, March 22, 2022. (Patrick Pleul/Pool by way of AP / AP Newsroom)
His fortune reportedly briefly dipped under Arnault’s final week. On Dec. 17 final 12 months, the Tesla CEO’s internet price was estimated to be $245.1 billion, in response to Forbes.

SpaceX CEO Elon Musk congratulates groups competing on the Hyperloop Pod Competitors II at SpaceX’s Hyperloop monitor in Hawthorne, California, Aug. 27, 2017. (AP Picture/Damian Dovarganes, File / AP Newsroom)
Along with helming Tesla, the billionaire serves as CEO of SpaceX and Twitter. He turned Twitter’s chief government in late October when he accomplished his $44 billion acquisition of the social media firm following a prolonged authorized battle.
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Musk additionally co-founded Neuralink, OpenAI and The Boring Firm.