The list of the 400 richest Americans has been published by Forbes. Elon Musk topped the list, displacing Jeff Bezos, who had held the top spot for the previous four years. As CEO of Meta, Mark Zuckerberg lost around $77 billion and dropped to the eleventh spot, which was not ignored.
Global issues like pandemics and wars have recently had a severe impact on the economies of many nations, as well as financial challenges for large corporations. The list of the richest people has undergone various alterations as a result of this. The Forbes 400 list of the wealthiest Americans has recently been made public by the US-based business publication Forbes.
The 400 wealthiest businesspeople in the United States were featured in Forbes’ 41st Forbes 400 list, which also showed the impact of rising inflation. When this year’s version of the list, which is published every year, is examined, it is seen that the total value of the names in the first twenty is 1.6 trillion dollars, and this amount corresponds to almost 40% of the entire list. Let’s note that this amount is $235 billion lower than it was the year before. The list has lost $500 billion in total as compared to the prior year.
Jeff Bezos was surpassed by Elon Musk for the first time
Let’s examine the list’s particulars. Elon Musk, the CEO of Tesla and SpaceX, had a significant gain in his fortune this year. In fact, Elon Musk’s wealth, which once topped $300 billion, propelled him to the top. By surpassing Jeff Bezos, who had topped the list for the previous four years, Musk, who is also the richest man in the world, made history. The current net worth of the 51-year-old Tesla CEO is $251 billion.
Jeff Bezos, the creator of Amazon, is ranked second and has held the top spot for four years in a row. The decrease in Amazon’s stock caused the well-known businessman to lose around $ 50 billion in worth. Bezos now has a net worth of $151 billion.
Bill Gates, who lost $28 billion, came in third on the Forbes 400 list. The CEO of Microsoft now has a net worth of $106 billion. With a net worth of $ 101 billion, Oracle CEO Larry Ellison comes in fourth on the list when we look at the other individuals. Warren Buffet, CEO of Berkshire Hathaway, comes in fifth place with a net worth of $97 billion. Except for Musk, all names have declined in value, which is widely known.
It would be fair to assume that Mark Zuckerberg, the CEO, and creator of Meta (previously Facebook), is the most notable name on the list. Due to the sharp decline in firm shares, the 38-year-old entrepreneur is the largest loser on the list. As a result, compared to last year, Zuckerberg lost almost $77 billion this year. The billionaire, who has a net worth of 57.7 billion dollars, is also the 11th richest person in the world.
According to Forbes, the overall income of the wealthy in the US is 11% lower than it was a year ago.
The link will take you to the whole list.