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Elon Musk is now America’s richest individual, in accordance with Forbes.
Musk, the 51-year-old Tesla
TSLA,
government who additionally needs to beat the sector of area exploration, was ranked No. 1 on the Forbes annual record of the 400 richest People. The publication stated Musk was value $251 billion, placing him method forward of Amazon
AMZN,
chief Jeff Bezos, who ranked second with $151 billion. Final 12 months, Bezos claimed the highest spot on the record with $201 billion and Musk got here in second with $190.5 billion.
Rounding out this 12 months’s top-10 record are loads of acquainted names, together with Invoice Gates (No. 3, $106 billion); Larry Ellison (No. 4, $101 billion); and Warren Buffett (No. 5, $97 billion).
However this 12 months’s rating was noteworthy for one particular person who didn’t make it to the highest 10 — particularly, Mark Zuckerberg of Meta
META,
who fell to the eleventh spot with a mere $57.7 billion.
Musk’s wealth additionally places him on the prime of Forbes’ real-time rating of worldwide billionaires. That record consists of a number of people from outdoors the U.S., reminiscent of France’s Bernard Arnault and India’s Gautam Adani.
Apparently, the robust economic system is leaving even the wealthiest People feeling barely much less rich. Forbes famous that the mixed web value of the highest 400 totaled $4 trillion — or $500 billion lower than in 2021. “The wealthy don’t all the time get richer,” Forbes stated.
The best newcomer on the 400 record? Oil tycoon Autry Stephens, whose $10 billion in wealth put him 64th within the rating.
Additionally of word: Former President Donald Trump rejoined the record after failing to make the reduce final 12 months. He ranked 343 with a web value of $3.2 billion.
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