Elon Musk is now the richest person in the world; Surpasses Jeff Bezos & Bernard Arnault

RahulNagaraj · 5th June 2024, 13:25

According to the Forbes Real-Time Billionaires list, Tesla CEO & SpaceX founder Elon Musk has become the world's richest person.

Elon Musk has surpassed the likes of Bernard Arnault and Jeff Bezos to take the top spot with a net worth of $210.7 billion. Arnault moves to second, followed by Bezos in third with net worths of $201 billion and $197.4 billion, respectively.

Elon Musk is now the richest person in the world; Surpasses Jeff Bezos & Bernard Arnault-elon.jpg

The top list of billionaires is as of May 31, 2024. The list is updated regularly, reflecting changes in the net worth of individuals. Reports suggest that Elon Musk's wealth surge was following his acquisition of social media platform X (formerly Twitter). Musk acquired the platform for $44 billion back in October 2022.

Apart from the top 3, the list also consists of Mark Zuckerberg, Larry Ellison, Larry Page, Warren Buffett and Bill Gates.

Source: Forbes

Link to Team-BHP news

Mike_Schumacher · 5th June 2024, 19:06

It's bit of a junk information, isn't it? More or less the same people occupy the top 10 spots. Based on stock gains / falls, it's Elon this month, Mark Z next month, etc. Not sure why this type of news gets updated and published in so much details so regularly.

V.Narayan · 6th June 2024, 08:44

Of what use is this extra ordinary wealth in the hands of a few when it isn't directly used to help the bottom 50% of the world's population with the three basics of healthcare, school education and nutrition.

Some of them run foundations with a lot of publicity. Having directly dealt with three such foundations {USA based} with the request for supporting large well run charity programmes in healthcare I have discovered that they are really transaction focused - 'if I give you $ 5 million what do we get in return' They are not looking for money but for an unusual and unrealistic degree of fame that an NGO focused on the poor cannot always provide. The fact that thousands upon thousands of lives will be saved is irrelevant. I once had, in 2018, the country head of one of these tell me that, quote, "I am never going to fund free healthcare for the most needy - they must pay their fair share" unquote.

I guess they help Forbes fill up its pages.

5th June 2024, 13:25	#1
RahulNagaraj Senior - BHPian Join Date: Mar 2021 Location: Bangalore Posts: 2,567 Thanked: 24,375 Times	Elon Musk is now the richest person in the world; Surpasses Jeff Bezos & Bernard Arnault According to the Forbes Real-Time Billionaires list, Tesla CEO & SpaceX founder Elon Musk has become the world's richest person. Elon Musk has surpassed the likes of Bernard Arnault and Jeff Bezos to take the top spot with a net worth of $210.7 billion. Arnault moves to second, followed by Bezos in third with net worths of $201 billion and $197.4 billion, respectively. The top list of billionaires is as of May 31, 2024. The list is updated regularly, reflecting changes in the net worth of individuals. Reports suggest that Elon Musk's wealth surge was following his acquisition of social media platform X (formerly Twitter). Musk acquired the platform for $44 billion back in October 2022. Apart from the top 3, the list also consists of Mark Zuckerberg, Larry Ellison, Larry Page, Warren Buffett and Bill Gates. Source: Forbes Link to Team-BHP news Last edited by libranof1987 : 6th June 2024 at 10:10.
	(4) Thanks

5th June 2024, 19:06	#2
Mike_Schumacher BHPian Join Date: Aug 2022 Location: Bengaluru Posts: 69 Thanked: 167 Times	Re: Elon Musk is now the richest person in the world; Surpasses Jeff Bezos & Bernard Arnault It's bit of a junk information, isn't it? More or less the same people occupy the top 10 spots. Based on stock gains / falls, it's Elon this month, Mark Z next month, etc. Not sure why this type of news gets updated and published in so much details so regularly.
	(10) Thanks

6th June 2024, 08:44	#3
V.Narayan Distinguished - BHPian Join Date: Aug 2014 Location: Delhi-NCR Posts: 4,188 Thanked: 68,303 Times	Re: Elon Musk is now the richest person in the world; Surpasses Jeff Bezos & Bernard Arnault Of what use is this extra ordinary wealth in the hands of a few when it isn't directly used to help the bottom 50% of the world's population with the three basics of healthcare, school education and nutrition. Some of them run foundations with a lot of publicity. Having directly dealt with three such foundations {USA based} with the request for supporting large well run charity programmes in healthcare I have discovered that they are really transaction focused - 'if I give you $ 5 million what do we get in return' They are not looking for money but for an unusual and unrealistic degree of fame that an NGO focused on the poor cannot always provide. The fact that thousands upon thousands of lives will be saved is irrelevant. I once had, in 2018, the country head of one of these tell me that, quote, "I am never going to fund free healthcare for the most needy - they must pay their fair share" unquote. I guess they help Forbes fill up its pages.
	(7) Thanks