In a significant reshuffle in the world’s billionaires’ hierarchy, Bernard Arnault, the influential figure behind the Louis Vuitton brand, has surpassed former Amazon CEO Jeff Bezos to claim the second spot in the latest Bloomberg Billionaires Index. Meanwhile, Indian tycoons Adani and Ambani have solidified their positions in the exclusive $100 billion club.
Arnault’s Ascent to the Summit
Elon Musk, the innovative mind and CEO of Tesla, retains his top spot as the world’s richest person, despite a decline in his wealth by $4.43 billion, settling at $209 billion. Arnault’s remarkable rise sees his net worth climb to $193 billion, marking a $603 million increase and securing him the second position globally.
Bezos Slips to Third
Jeff Bezos, the founder of Amazon, experienced a decrease in wealth amounting to $2.31 billion, causing him to slip to the third position with assets totaling $191 billion. The reshuffling continues with Meta’s CEO Mark Zuckerberg maintaining his fourth place despite a wealth dip of $549 million, leaving him with a fortune of $169 billion.
The Rest of the Billionaire Elite
Microsoft’s Bill Gates secures the fifth spot with a net worth of $146 billion, experiencing a marginal decrease of $144 million. Other notable figures in the top 10 include Steve Ballmer, Warren Buffett, Larry Page, Larry Ellison, and Sergey Brin.
Adani and Ambani’s Ascendance
Among the select few with assets surpassing $100 billion, Indians Mukesh Ambani and Gautam Adani stand strong. Adani’s wealth surged by $68.2 million, consolidating his position at 13th place with a total net worth of $102 billion. Mukesh Ambani witnessed an increase of $1.13 billion, securing the 11th spot with assets amounting to $111 billion.
As the dynamics of global wealth continue to evolve, the billionaires’ race showcases the dynamic nature of financial standings among the elite.
