Who is the richest person in the world? Jeff Bezos no longer owns the top spot.

 Who is the richest person in the world? Jeff Bezos no longer owns the top spot.

Tesla
TSLA,
+5.71%
and SpaceX CEO Elon Musk has overtaken Amazon
AMZN,
+5.73%
founder Jeff Bezos as the richest person in the world.

In keeping with the newest Forbes billionaires listing, Musk is the new No. 1, with a web price of $219 billion — Musk was No. 2 on the listing in 2021, behind Bezos. And his web price on the listing doesn’t embrace his newly amassed 9.2% fairness stake in Twitter
TWTR,
-9.67%.

See additionally: Mark Cuban says ‘crypto is going by the lull that the web went by’

Listed here are some key takeaways from the listing:

Fewer billionaires than final 12 months

There are 2,668 billionaires in the world in 2022. That’s 87 fewer than there have been final 12 months.

Whereas the complete variety of billionaires fell, 40% of those that remained acquired richer.

Forbes analysis indicated that Russian billionaire wealth fell by greater than $260 billion in the previous 12 months, ensuing in 34 fewer Russian billionaires on the listing amid Russian President Vladimir Putin’s invasion of Ukraine and ensuing monetary sanctions from a number of nations, together with the U.S.

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The entire wealth of billionaires really fell to $12.7 trillion this 12 months, down from a document $13.1 trillion in the 2021 listing.

A brand new No. 1

Musk, now occupying the top spot on the billionaires listing, surpasses Bezos, who had held the top spot the earlier 4 years.

Musk was helped by an uptick in Tesla’s inventory worth, which is up 58.9% over the previous 12 months, whereas Amazon’s inventory is up simply 4.18% over the similar interval.

The info and figures had been as of March 11, and don’t embrace Musk’s latest net-worth bounce from his Twitter fairness buy, which shortly gained some $1 billion in worth.

Notable feminine billionaires

Of the 2,668 billionaires in the world, simply 327 are ladies. This determine consists of people who share their web price with a partner, in response to Forbes. The 327 rely is down from 328 final 12 months.

Of these ladies, 101 are “self-made” billionaires, that means they began an organization or established their very own fortune, versus inheriting it in a way, as outlined by Forbes.

See additionally: Tom Brady web price: How Brady made his $475 million fortune

Some new feminine billionaires on the listing are musical artist and style mogul Rihanna; Melanie Perkins, co-founder of design firm Canva; and Melinda French Gates, who is now listed individually after her divorce from Invoice Gates in 2021.

The U.S. has the most feminine billionaires, with 90, adopted by China with 63 and Germany’s 35.

Top 5 richest folks in the world

  1. Elon Musk has an estimated web price of $219 billion — Musk’s companies are Tesla and SpaceX.

  2. Jeff Bezos has an estimated web price of $171 billion — Bezos’s foremost wealth supply is Amazon, which he started constructing in 1994.

  3. Bernard Arnault & household have an estimated web price of $158 billion — Arnault’s foremost wealth supply is the LVMH style empire, which incorporates the manufacturers Louis Vuitton and Sephora.

  4. Invoice Gates has an estimated web price of $129 billion — Gates’s foremost wealth supply is Microsoft
    MSFT,
    +2.26%,
    which he co-founded in 1975.

  5. Warren Buffett has an estimated web price of $118 billion — Buffet’s foremost wealth supply is the industrial conglomerate and funding car Berkshire Hathaway
    BRK.B,
    +0.75%

    BRK.A,
    +0.73%.

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