Forbes: Elon Musk is now the richest person in the world

Elon Musk's wealth surge was following his acquisition of social media platform X (formerly Twitter).

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